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Jessica Brown

Obama Administration to Diminish the Number of Bank Owned Foreclosures - 0 views

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    This noble attempt to dminish the bank owned foreclosures has been designed to recompense homeowners who have decided to sell their home at lower price.
James Foxx

BoA Says Goodbye to Reverse Mortgages to Reduce Bank Foreclosures - 0 views

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    To concentrate on reducing their bank foreclosures inventory, Bank of America will no longer offer reverse mortgages. Instead, they will make more traditional mortgages.
James Foxx

Number of Foreclosure Homes Rose in Dayton in 2010 - 0 views

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    The number of foreclosure homes surged in Dayton, Ohio in 2010 when compared with 2009 levels. The increase was over 12%, but new foreclosure cases were fewer, with some areas recording a decline.
James Foxx

Owners of Suntrust Bank Owned Foreclosures Seek Help - 0 views

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    Buffalo has record number of homeowners seeking help to prevent their homes from being lost to Suntrust bank owned foreclosures and tax foreclosures.
James Foxx

Sales of Bank Owned Residential Properties and Foreclosures Decline - 0 views

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    Bank owned residential properties and foreclosed property sales declined in Virginia last year. However, some counties are still mired in foreclosure problems.
James Foxx

Residential and Land Foreclosures Grow in Rural Massachusetts - 0 views

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    The number of residential and land foreclosures is increasing in the rural towns of Massachusetts. According to reports, foreclosure rates are climbing higher in towns than in urban areas of the state.
James Foxx

More Homes Ended in Sales of Bank Owned Residential Properties in 2010 - 0 views

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    Sales of bank owned residential properties are expected to rise in 2011 as more foreclosures happened in Springfield in 2010. Foreclosures were up by over 18%.
James Foxx

Apartments Rival Bank Owned Foreclosure Auctions - 0 views

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    Bank owned foreclosure auctions offer some of the cheapest residential properties in the U.S. However, majority of Americans still prefer to rent than buy.
James Foxx

Foreclosures and Bank Owned Repos Contribute to Ownership Costs - 0 views

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    Home ownership became more expensive in Chattanooga since 2000, according to housing market data. Analysts stated that supplies of foreclosures and bank owned repos played a role in increasing costs.
James Foxx

New Houses Compete with Foreclosure and Tax Lien Sales in Texas in 2010 - 0 views

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    New houses held their own against residential foreclosures and tax lien sales in Texas in 2010. Housing starts actually rose in some parts of the state during the year despite high foreclosure levels.
James Foxx

Bank Foreclosures Held Back Home Construction in St. Louis - 0 views

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    Bank foreclosures continue to dominate the home selling market of St. Louis. Analysts stated that they are preventing the home construction market from growing.
James Foxx

Number of Bank Foreclosures Need to Decline for Home Market to Recover - 0 views

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    Bank foreclosures should diminish in number for housing prices to rise. It is necessary a price increase to herald a U.S. housing recovery.
James Foxx

Foreclosure Houses for Sale Popular Among Current Buyers - 0 views

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    Foreclosure houses for sale are popular among the current crop of homebuyers, realtors reported. However, most of them are looking for a well-maintained house.
James Foxx

Oversupply of Foreclosure Homes for Sale Weighed Down Construction - 0 views

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    Foreclosure homes for sale numbers are still elevated in majority of U.S. markets. Analysts stated that this caused depression in the construction sector.
James Foxx

U.S. Reveals Plan for Addressing Foreclosure Homes Problems - 0 views

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    Oversupply of foreclosure homes has created serious problems for the U.S. home market. The administration has proposed a plan meant to address these problems.
James Foxx

Foreclosure Auction Listings Not Helped by Appraisal Rules - 0 views

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    In Detroit, sales of properties in foreclosure auction listings are being held back by appraisal laws. Agents have complained that appraisals are too low.
James Foxx

Home Foreclosures List Still Climbing, but Delinquency Is Declining - 0 views

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    Home foreclosures list continues to record higher numbers in most parts of the U.S. However, mortgage delinquency rates are starting to decline in most areas.
James Foxx

Sales of Properties in Home Foreclosures List Jumped in January - 0 views

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    Home foreclosures list dwellings and existing houses posted higher sales in January. It marks the third month in a row that sales in this category have risen.
James Foxx

House Foreclosures for Sale Are Now Great Investment Assets - 0 views

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    House foreclosures for sale have become highly attractive assets for investors, analysts stated. They claimed that price declines have made them great deals.
James Foxx

New Cases of California Bank Foreclosure Homes Fall in 4Q - 0 views

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    The number of bank foreclosure homes filings in California declined by 17.5 percent in 2010 compared to 2009. This means fewer homeowners were distressed.
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