Federal Reserve uses YouTube to promote free foreclosure reviews
Federal Reserve uses YouTube to promote free foreclosure reviews
By E. Scott Reckard, Los Angeles Times, May 27, 2012
It sounded like the biggest no-brainer in the history of bank screw-ups -- a free, government-sponsored review of foreclosure proceedings, with compensation for homeowners who suffered financial harm.
Should We Combine Auctions & Short Sales
By Peter G. Miller, May 25, 2012
Short sales are a big deal and to see why just look at the numbers: The National Association of Realtors reports that in March short sales represented 11 percent of all existing home sales and typically sold with a 16-percent discount.
REOs Short Circuited by Short Sales
By Daren Blomquist, RealtyTrac Vice President, May 24, 2012
In New York last week, I got the chance to sit down with Fred Katayama of Reuters to discuss the foreclosure numbers, which show that bank repossessions (REOs) dropped to a 49-month low in April.