by countyproperties | Jan 7, 2012 | Latest News, loan modification, San Diego Foreclosure news, San Diego Short Sales, Short Sales
Mortgage finance firm Freddie Mac will give unemployed borrowers a break on their mortgage for up to one year. “These expanded forbearance periods will provide families facing prolonged periods of unemployment with a greater measure of security by giving them...
by countyproperties | Jan 7, 2012 | Finance, Latest News
As broker of County Properties I thought this was an interesting article that sheds some realty away from the mainstream of properganda and politicalnews on this subject of what went wrong with the housing and market crash. Article by Joe Nocera In their heyday, these...
by countyproperties | Jan 7, 2012 | Latest News, loan modification, Short Sales
The Home Affordable Modification Program expires at the end of 2012 and the Treasury Department is not ruling out guideline changes before then. The program launched in March 2009 to pay mortgage servicers for modifying loans on the verge of foreclosure. The Treasury...
by countyproperties | Jan 7, 2012 | Finance, Latest News
Nonfarm payroll employment rose in December and the nation’s unemployment rate fell to 8.5%, which is the lowest rate in nearly three years. The Labor Department said the economy added 200,000 jobs last month with modest growth in transportation and warehousing,...
by countyproperties | Jan 7, 2012 | Finance, Latest News, San Diego Investment Properties
Investors see commercial real estate as a good bet Despite the economy, investors are bullish on the prospects for office buildings, the largest commercial real estate sector, a survey finds. Apartments are viewed as the most favored category. As 2011 came to a close,...
by countyproperties | Jan 7, 2012 | Latest News, San Diego Investment Properties
Despite projections showing increased demand for apartments will spur multifamily growth in 2012, analysts viewing December data on commercial mortgage-backed securities say multifamily loans are the worst performing mortgages. CMBS analytics firm Trepp said the...
