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Foreclosure Crisis - Last 30 Days
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Foreclosure notices hit record 8,800
mortgage.freedomblogging.com - 24 days ago
Foreclosure notices hit record 8,800
— mortgage.freedomblogging.com — ForeclosureRadar.com reports that outstanding foreclosure auction notices in Orange County rose to 8,895 at the end of... September, the highest in this housing downturn and probably the highest ever. September’s total was up 5% from August and 90% from ... (more) Foreclosure notices hit record 8,800

Comments vote down Calculated Risk found this 24 days agofound this
foreclosuretruth.com - 22 days ago
Foreclosure Truth
— foreclosuretruth.com — I’ve talked in the past about some of the approaches to rescuing the housing market and providing... economic stimulus, such as the Treasury Department lowering mortgage interest rates , the California Foreclosure Prevention Act , the Countrywide ... (more) Foreclosure Truth

Comments vote down Paul Kedrosky's Infectious Greed found this 22 days agofound this

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realtytrac.com - 23 days ago
FORECLOSURE ACTIVITY SLOWS FOR THIRD STRAIGHT MONTH
— realtytrac.com — By RealtyTrac Staff October Foreclosure Activity Down 3 Percent From Previous Month, Up 19 Percent From October... 2008 IRVINE , Calif. – November 12, 2009 – RealtyTrac® ( realtytrac.com ), the leading online marketplace for foreclosure properties, ... (more) FORECLOSURE ACTIVITY SLOWS FOR THIRD STRAIGHT MONTH

Comments vote down 24/7 Wall St. found this 23 days agofound this
In Deep: Underwater Borrowers Now 23% Of All Mortgages (47% Of California Mortgages Have Negative Equity)
dailybail.com - 8 days ago
In Deep: Underwater Borrowers Now 23% Of All Mortgages (47% Of California Mortgages Have ...
— dailybail.com — See the interactive graphic with state-by-state data HERE >> The proportion of U.S. homeowners who owe more... on their mortgages than the properties are worth has swelled to about 23%, threatening prospects for a sustained housing recovery. Nearly 10.7 million households had ... (more) In Deep: Underwater Borrowers Now 23% Of All Mortgages ...

Comments vote down The Daily Bail The Daily Bail posted 8 days agoposted this
dtod.wordpress.com - 26 days ago
I object to the use of a BPO (Brokers Price Opinion). Do not all into this trap!
— dtod.wordpress.com — In negotiating a workout, in many situations, the conclusion is an amount based primarily on your ‘liquidated... net worth’. What else could it be? It is the only reasonable measure of what the result would be in a real defaulted bank loan, foreclosure and liquidation by auction, the ... (more) I object to the use of a BPO (Brokers Price Opinion). Do ...

Comments vote down dtod@comcast.net dtod@comcast.net posted 26 days agoposted this
dtod.wordpress.com - 26 days ago
When does the collateral become the propery of the bank?
— dtod.wordpress.com — There is one obvious answer, after foreclosure. Until that moment the borrower has title and the bank... cannot sell or liquidate anything, the borrower is in total control. Almost true, but not quite. The moment in time that the owner gives up, decides to shut is doors, close down, the ... (more) When does the collateral become the propery of the bank?

Comments vote down dtod@comcast.net dtod@comcast.net posted 26 days agoposted this
calculatedriskblog.com - 26 days ago
Default Notices: Movin' on Up!
— calculatedriskblog.com — Here is some more on a theme we've been discussing ... From Carolyn Said at the San... Francisco Chronicle: Default notices rising in upper echelon ZIPs (ht Hymn) In upscale communities such as Los Altos, Greenbrae and Alamo, where median prices top $1 ... (more) Default Notices: Movin' on Up!

Comments vote down Bear Mountain Bull found this 26 days agofound this
onthehillblog.blogspot.com - 23 days ago
The Big Gov’t Mortgage Mod Program: The Latest Numbers
— onthehillblog.blogspot.com — The administration’s $75 billion mortgage modification program is meant to help 3 million to 4 million homeowners... avoid foreclosures. The latest data, out Tuesday, shows mortgage servicers are making some progress toward this goal, but big questions remain about how effective the program will be. (more) The Big Gov’t Mortgage Mod Program: The Latest Numbers

Comments vote down MediaMan MediaMan posted 23 days agoposted this
onthehillblog.blogspot.com - 22 days ago
Govt’s Attempt to Push Transparency for Mortgage Mods Falls Short
— onthehillblog.blogspot.com — Last week, the Treasury Department took a step to address those concerns: For the first time, it... issued guidelines requiring mortgage servicers to give homeowners details about why they’ve been denied. But the required disclosure will only be partial, and housing advocates say that means servicers’ (more) Govt’s Attempt to Push Transparency for Mortgage Mods ...

Comments vote down MediaMan MediaMan posted 22 days agoposted this
dtod.wordpress.com - 20 days ago
Yes, you have a responsibility to present yourself in a light most beneficial to yourself!
— dtod.wordpress.com — I review many self implemented Offers in Compromise to the SBA, Banks and other creditors, and I... am frequently amazed at what I see. Friends, are you not paying attention? You are in default. You are being foreclosed on or collected against, at the very least. You are facing liquidation and ... (more) Yes, you have a responsibility to present yourself in a ...

Comments vote down dtod@comcast.net dtod@comcast.net posted 20 days agoposted this
How to successfully buy or sell a business in this down economy
dtod.wordpress.com - 19 hours ago
How to successfully buy or sell a business in this down economy
— dtod.wordpress.com — Want to buy a business but the owner won’t lower the price so he can pay off... his debt? Want to sell a business to get rid of your debt but because of declining revenues you cannot get your price, or anywhere near it? We have a solution. We see this every day, a nice previously ... (more) How to successfully buy or sell a business in this down ...

Comments vote down dtod@comcast.net dtod@comcast.net posted 19 hours agoposted this
marketnewslive.blogspot.com - 22 days ago
Video: Fewer Americans Losing Their Homes
— marketnewslive.blogspot.com — Fewer people are losing their homes according to the results of a new survey released by RealtyTrak.... Over 332,000 households, or roughly one in 385, received a foreclosure notice in October, down 3 percent from September. (more) Video: Fewer Americans Losing Their Homes

Comments vote down MediaMan MediaMan posted 22 days agoposted this