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California foreclosures set to surge

Wednesday’s Example of Media Bias Archive. Wednesday’s Example of Media Bias is a weekly example of biased news reporting. Also included on each page are questions about the excerpt and definitions of the types of media bias.

Housing Bubble 2.0 - Luxury Home Losers - California Inventory Wave Surges ‘Boomerang’ Buyers Set to Surge Back Into Housing Market More than 7 million homeowners who suffered a foreclosure or short sale during the housing crisis are poised to become buyers again. Over the next eight years, nearly 7.3 million Americans who lost their homes in the housing crash will become creditworthy enough to buy again, [.]

Single-family housing starts improve The housing market continues to improve. According to the U.S. Census Bureau, on a seasonally-adjusted, annualized basis, single-family housing starts rose to 603,000 last month, an 11 percent increase from the month prior and the highest reading in more than 4 years.. A "housing start" is a home on which construction has started and home builders are breaking ground at rates not seen even.

A foreclosure start merely means the bank is starting the process with a notice of default. As you can see from the timeline above, the process can take four months if the bank is really motivated to unload. This hasn’t been the case in California so it makes you wonder why the sudden surge in foreclosure starts.

Homes Lost To Foreclosure Surge New foreclosure data shows lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis three years ago. Foreclosure listing service RealtyTrac Inc. says about 95,000 homes were repossessed by lenders last month.

James Mackey heads to Freddie Mac James Mackey was named executive vice president and chief financial officer of Freddie Mac in November 2013. In this position, he is responsible for the company’s financial controls, accounting, investor relations, financial planning and reporting, tax, capital oversight, and compliance with the requirements of Sarbanes-Oxley.

Despite a seasonal slowdown in overall foreclosure activity, and a process still bogged down and backed up by the "robo-signing" processing scandal, the U.S real estate market is about to be hit by.

The United States is on track to surpass the record number of measles cases in a single year since the disease was declared eliminated in 2000, according to figures reported Monday. For the fourth.

Real estate update A surge in transactions. from foreclosure properties,” association Chairman Bob Nielsen, a Reno homebuilder, said in a news release. Publishers of magazines, newspapers, videos,

California had been one of the top foreclosure states since 2008, but has now fallen out of the top ten. This may be due home price appreciation in Southern California. California foreclosures seem to have shifted from Southern California to Northern California with cities like Stockton up 27% from the previous month.

MBA: Mortgage applications slide 0.6% from last week HUD grants $40 million for housing counseling department of housing and urban development – The White House – assistance and supportive housing program known as HUD-VASH, including ad-.. cluding funding for competitive renewals and a new $40 million effort to.. housing counseling services to eligible homeowners and tenants through grants .The volume of mortgage applications increased last week for the first time since early September. The Mortgage Bankers Association (MBA) said its Market Composite. Refinancing also gained ground,

Banks in November scheduled more than 26,000 homes to be sold at California foreclosure auctions, a 63% increase from October and a sign that a surge in discounted, bank-owned properties is on.

Regulators approve Volcker Rule after years of deliberation Finding Fraud: Fitch To Overhaul Ratings Process, Will Review Originators and Issuers Execs: mortgage originations struggle BankUnited Our. – (g) A cancellation clause which reads as follows: "Seller may cancel this agreement prior to the ending date of the listing period without advance notice to the broker, and without payment of a commission or any otherFinding Fraud: Fitch To Overhaul Ratings Process, Will Review Originators and Issuers Indicate by check mark if the registrant is.The Volcker Rule's statutory conformance period ends on July 21, 2014.. Reserve) granted a one-year extension of the conformance period, to July 21, 2015.. to the Volcker regulatory agencies (Agencies) beginning in July 2014.. had not been sufficient time for reasoned and deliberate consideration.