Archive for January, 2010

Yet another try at foreclosure rescue

Continue Reading Add comment January 28th, 2010

Under fire for the low number of people receiving long-term mortgage help, the Treasury Department on Thursday announced new guidelines that will require applicants to provide all paperwork before getting a trial modification.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/fuSL9wqU5_k” height=”1″ width=”1″/ Read more »

Las Vegas: Most foreclosures of any city in 2009

Continue Reading Add comment January 28th, 2010

Cities in the so-called Sand States dominated the foreclosure rankings in 2009, with the 20 worst-hit metro areas residing in Nevada, Florida, California and Arizona.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/pIwOpIVA2_g” height=”1″ width=”1″/ Read more »

New home sales hit 9-month low

Continue Reading Add comment January 27th, 2010

New home sales plunged to a 9-month low in December, according to a government report issued Wednesday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/LMDJPpulnY0″ height=”1″ width=”1″/ Read more »

Bank of America steps up foreclosure prevention efforts

Continue Reading Add comment January 26th, 2010

One roadblock slowing Obama’s foreclosure prevention program seems to be clearing up. Bank of America, the nation’s largest mortgage lender, announced Tuesday that it was the first lender to sign an agreement to lower or eliminate payments on second mortgages.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/rahjo8JGPjE” height=”1″ width=”1″/ Read more »

Home prices: First drop in 7 months

Continue Reading Add comment January 26th, 2010

Home prices fell in November for the first time in seven months, according to a industry report released Tuesday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/ca8TB1C2mgo” height=”1″ width=”1″/ Read more »

Existing home sales sink 16.7%

Continue Reading Add comment January 25th, 2010

Existing home sales fell in December, the month after a federal tax credit was slated to expire, according to a real estate industry report issued Monday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/IBkz4jC5UQc” height=”1″ width=”1″/ Read more »

450,000 at risk in foreclosure-prevention program

Continue Reading Add comment January 23rd, 2010

Hundreds of thousands of troubled homeowners who are making lower mortgage payments on a trial basis are at risk of being kicked out of President Obama’s foreclosure-prevention program.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/3z2nzoHZ3xQ” height=”1″ width=”1″/ Read more »

Get help - before you fall behind on your FHA mortgage

Continue Reading Add comment January 22nd, 2010

Struggling to pay your FHA mortgage? Now you no longer have to be late with your payments to get help.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/gg0vB-ztMEI” height=”1″ width=”1″/ Read more »

States urge action on foreclosures

Continue Reading Add comment January 20th, 2010

Cut loan principal for borrowers whose homes are worth much less than their mortgages. Attack the problem of option adjustable rate mortgages. Cut down on red tape.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/0vSzeyYZ0Vk” height=”1″ width=”1″/ Read more »

Harder to get an Uncle Sam mortgage

Continue Reading Add comment January 20th, 2010

It’s going to be harder to get a government-backed mortgage from now on.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/B_U5l_GIVKg” height=”1″ width=”1″/ Read more »

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