Realtors Cheer Prediction of Rising Home Prices November 14, 2009, San Diego Union-Tribune The National Association of Realtors' chief economist predicted yesterday that housing prices will rise for the first time in four years in 2010 as sales return to a normal pace. “Things are much better...
REO Business Thrives New York Times The celebration started early Saturday, with poolside music and drinks, as partygoers passed around business cards and compared notes on successful techniques for evicting residents who try to stay in bank-owned property, a process they call “cash for keys.”...
'Shadow' Supply Of Foreclosures May Delay Housing's Recovery Investors Business Daily Lenders are holding "between 600,000 and 700,000 residential properties that are not on the multiple listing service (MLS)," said Rick Sharga, senior vice president at RealtyTrac, a foreclosure...
25 People to Blame for the Financial Crisis TIME Magazine Who’s at fault? The good intentions, bad managers and greed behind the financial meltdown is exposed by TIME Magazine. View the list. HUD Secretary, Congress Debate Foreclosure Plans Washington Post Against a backdrop of record-low new home...
Lawyer Outwits Banks in Foreclosure Battle New York Post While the Obama administration battles to keep people from losing their homes, one Florida lawyer said she has a better answer to the toxic mortgage epidemic sweeping the country — fight back against the loan servicers and banks that are...
Loan Modification Can Stop the Foreclosure Crisis Wall Street Journal January 30, 2009 This week the House Judiciary Committee approved legislation aimed at helping Americans keep their homes through bankruptcy. I introduced the Helping Families Save Their Homes In Bankruptcy Act of 2009 to give courts...
Builder Offers 3.99 Percent Rate on Mortgage January 22, 2009 Wall Street Journal Toll Brothers just lowered the bar for the home building industry. Horsham, Penn.-based Toll this week started offering a 3.99% fixed mortgage rate for loans $417,000 or below for 30 years with no points, one of —...
Bankruptcy Law Changes May Not Cut Home Foreclosures January 14, 2009 Bloomberg News A proposed change to bankruptcy laws that would allow judges to reduce consumers’ mortgages may not succeed in reducing the foreclosures that have been dragging down property prices, according to a Barclays Capital...