by countyproperties | Jan 29, 2009 | Current Affairs, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
This evening, the U.S. House of Representative passed H.R. 1, the Economic Recovery Package, by a 244 to 188 vote. The bill contains a number of issues critical to REALTORS® and the industry, including the extension, until the end of 2009, of all...
by countyproperties | Jan 22, 2009 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
The Internal Revenue Service (IRS) recently announced it will expedite its process of providing relief from federal tax liens for distressed homeowners. With more than one million current federal tax liens against real and personal property, the IRS announcement...
by countyproperties | Jan 15, 2009 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
The Federal Reserve’s announcement that it’s purchasing up to $500 billion of securities backed by Fannie Mae, Freddie Mac, and Ginnie Mae, has contributed to a reduction in mortgage rates to record lows. However, some mortgage experts warn that the low...
by countyproperties | Jan 15, 2009 | Current Affairs, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Fannie Mae last week announced it would extend the suspension of foreclosure sales and evictions from single-family properties through Jan. 31, 2009, enabling the company to work with mortgage servicers to further implement the Streamlined Modification Program (SMP)...
by countyproperties | Jan 9, 2009 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Mortgage rates dip to new all-time lowFreddie Mac reported that average rates on 30-year, fixed-rate mortgages dropped to 5.01 percent for the week ending Jan. 8, setting a new record low and the tenth consecutive weekly decline. Best bet for a home loan now Stricter...
by countyproperties | Jan 3, 2009 | Current Affairs, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Here comes 2009As 2008 comes to a close, many housing analysts are reflecting upon the year and forecasting what home buyers, sellers, and homeowners can expect for this year. MAKING SENSE OF THE STORY FOR CONSUMERS “¢ According to Ken Rosen, chairman of...
