It is pretty incredible that despite a severe shortage of new homes on the market, homes sales went up for the second month in a row in the real estate market in Byron GA. However, with just 1+ month of houses to pick from, new inventory is definitely needed if this market is going to continue its hot streak.
Teresa Strasser, a television personality and best-selling author, says she can't get approved for a credit card, nor can she take out an auto loan or a mortgage. Her credit is “trashed,” as she describes it, even though she has always paid her bills on time. Foreclosure News
After the meltdown of the subprime mortgage market and resulting Great Recession came an epidemic of foreclosures. Creditors initiating these foreclosures – mostly investment trusts owning pools of mortgages – often couldn't prove ownership of the loans in question, the amounts owed or both. Foreclosure News
When you can't make your mortgage payments it can feel like there are zero options and the walls are closing in around you. Take a deep breath and listen up because there are still some options any homeowner under financial duress can consider. Foreclosure News
Director Charley-John Smith describes the production as a “country-bluegrass musical.” He wrote the script, based loosely on his grandparents' efforts to avoid foreclosure on their farm. Foreclosure News
Flip Wars, a new series on A&E, tracks professional house flippers as they acquire distressed properties, renovate them into masterpieces, and sell them for a profit. The first episode will air on April 11 at 10 p.m. Featuring Gene Schroeder and Angelo D'Alessandro , top-dog real estate investors in South Florida, Flip Wars tracks them…
The new Home Mortgage Disclosure Act rule goes into effect in a few months, creating new compliance reporting requirements and risks, especially CUs that are active in portfolio and home equity lending. What should CUs know to prepare for HMDA? 1. The new fields create greater transparency and provide for justifications. Foreclosure News
