by countyproperties | May 28, 2009 | Riverside foreclosure news, San Diego Foreclosure news
Lenders, including Bank of America and Wells Fargo, say they are making it easier for delinquent borrowers to avoid foreclosure by selling their homes for less than they owe on them. Their efforts dovetail with a strategy unveiled last week by the Obama administration...
by countyproperties | May 15, 2009 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Mortgage modifications are happening. Get yours.The Obama administration’s “Making Home Affordable” program is beginning to have an impact. As of last week, Chase Mortgage, the servicing side of JP Morgan Chase, had modified 15,000 home loans under...
by countyproperties | May 15, 2009 | Finance, Riverside foreclosure news, San Diego Foreclosure news
Obama Administration Announces Financial Incentives and Uniform Process for Short Sales The NATIONAL ASSOCIATION OF REALTORS® (NAR) today announced that the Obama Administration has added new incentives and uniform procedures for short sales under its new...
by countyproperties | May 7, 2009 | Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Where home prices crashed early, signs of a reboundHard-hit areas, such as Sacramento, Las Vegas, parts of Florida and California’s Inland Empire, appear to be among the first cities in the nation to reach the early stages of recovery, as investors and...
by countyproperties | May 7, 2009 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
HSBC Finance has implemented a one-year moratorium on the collection of deficiency balances for short sales and foreclosures that occur after April 1, due to the “current economic environment,” according to an official with the company. Not all borrowers...
by countyproperties | Apr 30, 2009 | Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Bidding wars are emerging on foreclosures Real estate industry experts are reporting that favorable home prices in many parts of the country, including California, have ignited bidding wars as first-time buyers compete with investors for many of the same foreclosed...
