by countyproperties | Dec 16, 2011 | Latest News, loan modification, San Diego Foreclosure news, San Diego Short Sales
Foreclosure-prevention actions by Fannie Mae and Freddie Mac increased in the third quarter of 2011, according to a report by the Federal Housing Finance Agency. Since entering conservatorship in 2008, the GSEs have taken nearly 2 million foreclosure-prevention...
by countyproperties | Dec 10, 2011 | Finance, Latest News, Riverside foreclosure news, Riverside Real Estate, San Diego Foreclosure news, San Diego Real Estate
Mortgage delinquencies of 60 days or more are forecast to rise through the first quarter of 2012 and then decline to about 5% by the end of 2012, according to TransUnion. After six consecutive quarterly declines between the fourth quarter of 2009 and the second...
by countyproperties | Dec 10, 2011 | Government Owned Properties, Latest News, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate
HomePath Mortgage allows a borrower to purchase a Fannie Mae-owned property with a low down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed. Benefits to You, the...
by countyproperties | Dec 3, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
New York City foreclosure filings dropped 32% in the third quarter over last year. Lenders filed 3,168 foreclosures on single-family and multifamily properties during the quarter, according to a study from New York University Furman Center for Real Estate and Urban...
by countyproperties | Nov 24, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
The inventory of foreclosures held by private banks dropped for the fourth straight quarter to $50.4 billion worth of properties at Sept. 30, according to the Federal Deposit Insurance Corp.The REO level at the end of the third quarter is down 1.5% from $51.3 billion...
by countyproperties | Nov 18, 2011 | Latest News, loan modification, Real Estate news, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
The mortgage-aid effort, called Keep Your Home California, so far has helped close to 8,000 low- and moderate-income households that are behind on loan payments or close to default, according to agency leaders. “This expanded eligibility will allow more families...
