by countyproperties | Dec 26, 2008 | Finance, Real Estate news
IRS TO SUBORDINATE FEDERAL TAX LIENSThe Internal Revenue Service (IRS) last week announced it is “subordinating” federal tax liens and allowing primary mortgage holders to take precedence when a mortgage is refinanced or the home is sold. The new IRS...
by countyproperties | Dec 18, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
FANNIE MAE STREAMLINED MODIFICATION PROGRAM ANNOUNCED Fannie Mae announced a series of actions designed to help borrowers and loan servicers address potential mortgage problems and prevent unnecessary home foreclosures among the more than 18 million single-family...
by countyproperties | Dec 18, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
In what analysts characterized as a symbolic move, the Federal Reserve yesterday established a target range for the federal funds rate of 0 percent to .25 percent, and said it was committed to expanding its purchases of mortgage-backed securities.”The Federal...
by countyproperties | Dec 13, 2008 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Lower mortgage rates and increased affordability is presenting an opportune time for home buyers, especially first-time home buyers, who continue to have the advantage and ability to move quickly on a home purchase without having to first sell their current home....
by countyproperties | Dec 13, 2008 | Current Affairs, Finance, Real Estate news
· Many consumers make common mistakes concerning their credit score. Common misperceptions include closing credit card accounts to decrease the amount of credit available, and maintaining zero balances on open, unused credit cards. Experts advise...
by countyproperties | Dec 6, 2008 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
· Home prices often are driven by immigration, birth rates, the size and nature of households, and incomes – all of which are difficult to predict. Forecasting where jobs and income growth will be stronger and where immigrants and others will want to...