Fannie Mae and Freddie Mac took over a foreclosed home roughly every 90 seconds during the first three months of the year. They owned 163,828 houses at the end of March, a virtual city with more houses than Seattle. READ MORE »
Posts tagged homeowners
Hard Money Lending to Hit $2-Trillion
Homeowners and business owners alike are borrowing money to keep their homes and commercial properties at high interest rates by the droves, sending hard money lenders busily searching for more cash to loan. The business of hard money lending is projected to hit a record $2-trillion in the U.S. within a year. READ MORE »
Ahead of the Bell: September Home Sales
Home sales may be coming back a bit, but they have a long way to go before they recover from the worst summer in more than a decade.
Sales of previously occupied homes are expected to have risen about 4.1 percent in September from a month earlier, according to economists surveyed by Thomson Reuters. READ MORE »
If The Bank Sued To Foreclose, The Mortgage To Ensure That They Meet
One of the creative defenses to a foreclosure action in this past year has shown, that the demand for bank foreclosure of the mortgage shall demonstrate in this regard and has been home and apartment owners to sue. In the vast majority of the shares of foreclosure, banks are not the original notes, rather than relying on the ignorance of the landlord not the bank, the challenge positions. READ MORE »
If The Bank Sued To Foreclose, The Mortgage To Ensure That They Meet
One of the creative defenses to a foreclosure action in this past year has shown, that the demand for bank foreclosure of the mortgage shall demonstrate in this regard and has been home and apartment owners to sue. In the vast majority of the shares of foreclosure, banks are not the original notes, rather than relying on the ignorance of the landlord not the bank, the challenge positions. READ MORE »