Posts Tagged ‘Foreclosures’
Banks Halting Foreclosures
CBS News business and economics correspondent Rebecca Jarvis speaks to Harry Smith about why some banks are halting foreclosure processes and what it means for at-risk homeowners.
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First Business News: Wrongful Foreclosures with Rebel Cole (2011-01-13)
Beejal Patel of First Business News interviews Rebel Cole of DePaul University about wrongful foreclosures.
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US foreclosures go sky high – AlJazeeraEnglish
AlJazeeraEnglish Feb 8, 2012 www.youtube.com Aljazeera News www.aljazeera.com The Bank of America Plaza skyscraper in the US state of Georgia is just another lamb to the slaughter after it was auctioned off for about half the amount it was worth five years ago. Once the symbol of the area’s booming commerical real estate market, it now represents its widespread failure. But this is Al Jazeera’s Patty Culhane reports from Washington.
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How strict is Provident on foreclosures – anyone dealt with them?
Question by : How strict is Provident on foreclosures – anyone dealt with them?
Friend of mine is losing her house and her mortgage lender Provident seems to be one of the strictest as far as getting what they want during foreclosures.
Has anyone out there dealth with Provident and received a 1099 after the house goes up for auction or has been pursued like crazy during the foreclosure. They seem to be much more agressive than other lenders out there right now.
Best answer:
Answer by GVD
Provident Funding is a very aggressive lender, they generally don’t carry much risk in their portfolio so when someone defaults, I can imagine that they would be equally aggressive in collecting. Provident only loans to the most qualified clientele, and at times it’s difficult to broker loans through them, but they offer the most competitive rates.
Don’t really have much advice on what to do other than tell her to pay it, she owes it after-all.
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What is the latest news on help for foreclosures?
Question by ElDiablo: What is the latest news on help for foreclosures?
The gov has been working on a solution to help avoid foreclosures but I am having a tough time finding the latest news on what the plan is. Can anyone steer me in the right direction?
Best answer:
Answer by Christopher B
A bill just passed the Senate which is going to provide millions of dollars to help strapped homeowners (especially subprime) refinance or reorganize their loans to help them be able to afford the loans and keep the house.
President Bush has promised to veto it.
What do you think? Answer below!
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2011 to Top 2010 Record on Foreclosures
The bleakest year in the foreclosure crisis has only just begun. That’s the prediction from RealtyTrac which says 1.2 million homes will be repossessed this year. (Jan. 13)
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Sarasota Foreclosures 5 Dangerous Foreclosure Myths!
www.sarasotahomesforsalenow.com Get 5 more dangerous foreclosure myths @ www.sarasotahomesforsalenow.com
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What is the best way to find local foreclosures?
February 12th, 2012 | 
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Question by maggiejo717: What is the best way to find local foreclosures?
What is the best way to find local foreclosures?…also preferred a refrence that is free if possible?
Best answer:
Answer by 9 daughters
Look no further than the Yahoo you’re using now.
Below the link for Answers you’ll find a link for Real Estate. Just click that and you’ll find a tab for foreclosures. You can search for foreclosures by city/state or zip.
Know better? Leave your own answer in the comments!
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How to Pick Up Foreclosures by Wade B. Cook (1972, Softcover) 2nd/2nd VG
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AVOID FORECLOSURE & BANKRUPTCY Wiccan SPELL RING
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Foreclosure Nation: Mortgaging the American Dream by Sh
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How do Foreclosures affect the Supply and Demand curve in the housing market?
February 11th, 2012 |
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Question by trinafsmiller: How do Foreclosures affect the Supply and Demand curve in the housing market?
Ex) demand would go up..or supply?
.
And more specifically- how do foreclosures affect consumer and producer surplus?
Thanks!
Best answer:
Answer by Anjaree
As we all know, it forces the house price down, the supply increases and floods the market. The building of new houses come to a full stop.The banks will not give the loans so easy. Some buyers have a credit black list. The government has intervened the market so far to prolong the foreclosure. But the damages were en mass beyond the help.
What do you think? Answer below!
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