Foreclosure community blog resource powered by RealtyTrac : foreclosure, Fannie Mae

10 Reasons To Buy a Home

Octavion — Fri, 17 Sep 2010 15:30:00 GMT

10 Reasons To Buy a Home September 16, 2010, Wall Street Journal Enough with the doom and gloom about homeownership. Sure, maybe there's more pain to come in the housing market. But when Time magazine starts running covers that declare "Owning...(read more)

1.7 Million GSE Loans at Least 60 Days Past Due

Octavion — Thu, 24 Jun 2010 15:10:00 GMT

1.7 Million GSE Loans at Least 60 Days Past Due June 23, 2010, DS News The number of loans held by Fannie Mae and Freddie Mac that were 60-plus-days delinquent stood at 1.7 million at the end of the first quarter of 2010, the two companies’ conservator...(read more)

Lawmakers Battle Over Foreclosure Remedies

Octavion — Mon, 21 Jun 2010 15:27:00 GMT

Lawmakers Battle Over Foreclosure Remedies June 20, 2010, Press Enterprise The number of mortgage defaults and home foreclosures is falling in the Inland area and around the state, but the tug of war between the lending industry and people pushing for...(read more)

April Foreclosures Ebb, Suggesting High Plateau

Octavion — Thu, 13 May 2010 15:42:00 GMT

April Foreclosures Ebb, Suggesting High Plateau May 11, 2010, Reuters Foreclosure activity fell in April as lenders repossessed homes at a record pace but started far fewer new actions against struggling homeowners, signaling a plateau in loan failures...(read more)

Number of the Week: 103 Months to Clear Housing Inventory

Octavion — Mon, 26 Apr 2010 15:51:00 GMT

Number of the Week: 103 Months to Clear Housing Inventory April 24, 2010, Wall Street Journal 103: The number of months it would take to sell off all the foreclosed homes in banks’ possession, plus all the homes likely to end up there over the next...(read more)

Fannie, Freddie Suspend Foreclosures

Octavion — Fri, 18 Dec 2009 17:38:00 GMT

Fannie, Freddie Suspend Foreclosures December 18, 2009, The Associated Press Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures and evictions for about two weeks in a temporary break for borrowers during the holiday season...(read more)

More Foreclosures to Come

Octavion — Fri, 13 Nov 2009 16:27:00 GMT

What's Behind the Foreclosure Decrease November 12, 2009, U.S. News & World Report Even as the housing market continues to stagger, foreclosure filings in October declined for the third month in a row. Foreclosure filings were reported on 332...(read more)