Short Sale Fraud Fears Grow as HAFA Gets Set to Pop Minerva Sanchez, 48, Fremont, California, a licensed real estate agent, was sentenced by Senior U.S. District Judge Anthony W. Ishii to 21 months in prison for her role in a short sale fraud scheme.. sanchez also was ordered to pay restitution to financial institutions in the amount of $421,372..
More foreclosure gloom – Jul. 25, 2008 – "Most areas of the country are seeing at least some increase in foreclosure activity," said James Saccacio, CEO of RealtyTrac, an online marketer of foreclosed homes.. "Forty-eight of 50 states.
Ally Financial, formerly GMAC Mortgage, suspends foreclosures in 23 states eminent domain debate turns the mortgage industry libertarian The debate: eminent domain violates the Constitution. can be effectively made in federal court to block eminent domain in the mortgage context by. it led to a lot of industry speculation as.Are servicers finally off the CFPB’s hit list? In fact, TJX Companies (NYSE:TJX), in particular, has spent decades not just successfully fending off the competition. can learn more about dividend aristocrats and screen the entire list here. Let.BofA suspends foreclosures in 23 states – Reuters – Bank of America said on Friday it is delaying foreclosures in 23 states to review whether it has been conducting them properly. Two other big lenders – JPMorgan and Ally Financial Inc’s GMAC.
RealtyTrac: Many states witness housing reboot as foreclosure. – RealtyTrac: Many states witness housing reboot as foreclosure activity rises. RealtyTrac: Many states witness housing reboot as foreclosure activity rises. RealtyTrac: Many states witness housing reboot as foreclosure activity rises ..
Thursday’s a Beach | Zman’s Energy Brain ~ oil, gas. – WLT Reported Better Than Expected 2Q Numbers . The 2Q Numbers: Production of 1.7 mm short tons, sales of 1.8 mm ST which was in the middle of guidance; Revenue of $410 mm vs $409 mm expected; Coking coal margin per ton of $95.53 was above the guided range of $85 to $90 due to better than expected pricing. EPS of $2.16 vs $1.93 expected; Highlights:
RealtyTrac: Foreclosure filings near 5-year low Home foreclosures. earlier this week by RealtyTrac, a company that provides foreclosure data and listings, showing that foreclosure activity hit a three-year low in April. For each of the past.
Home foreclosure rates have hit a five-year low after second straight month of declines – However there remains a sharp divergence along state lines, according to a report by foreclosure listing firm RealtyTrac. households in some stage of foreclosure. Arizona, California, Illinois and.
U.S. Foreclosure Activity Up 27% From Previous Quarter Real. – RealtyTrac, a leading online marketplace for foreclosure properties, released first-quarter data from its 2007 U.S. Foreclosure Market Report, showing more than 430,000 foreclosure filings – default notices, auction sale notices and bank repossessions – reported nationwide during the first three months of the year, up 27% from the previous quarter and up 35% from the first quarter of 2006.
Government Measures No Match for Second Wave of Foreclosures – “REO activity increased from the previous quarter in all but two states and the District of Columbia, indicating that lenders may be starting to work through some of. "We should see a peak in.
RealtyTrac | Wood on Fire – Topics of Lumber Industry – Where future foreclosures are coming from. Here is the drawn to scale pipeline of future foreclosures. We have roughly 6 million mortgages in some state of distress or foreclosure. As you can see from the chart above the REO category is a tiny fraction of the other problem properties gearing up to hit the market.
Foreclosures Rise 14% in 2nd Quarter: RealtyTrac – CNBC – RealtyTrac, based in Irvine, California, said the national foreclosure rate in the second quarter was one foreclosure filing for every 171 U.S. households.
Stories for July 2007 – Half of the some 900 workers at a Boeing Co. satellite venture in Huntington Beach have opted to stay put and not move to the Denver area as part of a planned relocation of the business. Kraft Foods.
S&P/Case-Shiller: Home prices continue to strengthen Low mortgage rates will continue to stimulate home construction activity in. Property prices as reflected in the S&P/Case-Shiller U.S. National Home. 2012 to 2014, the rate of increase in property prices has been subdued.House price volatility expected until 2014 House Price Volatility and the Housing Ladder James Banks, Richard Blundell, Zo Oldfield, James P. Smith. NBER Working Paper No. 21255 Issued in June 2015 NBER Program(s):Aging This paper investigates the effects of spatial housing price risk on housing choices over the first half of the life-cycle.Huge Mortgage Choice Act critic was supporter in August The House of Representatives has approved the "Mortgage Choice Act" amending the Truth-in-Lending Act to exclude the fees paid to title insurance companies and other businesses affiliated with a lender from the definition of the points and fees subject to the three percent cap under the "Qualified Mortgage" rules.