Fewer foreclosures indicate healthier housing market
In 2016, there were 172 trustee sale foreclosures in Solano County. In 2011, there were 1,866 trustee sale foreclosures in Solano.
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Worcester County foreclosures on the rise
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WORCESTER – Lenders started and completed more foreclosures in Worcester County during January than they did at the same time last year, new data show. Lenders launched 162 new foreclosures during the month, up about 5 percent over the same month a year ago, according to The Warren Group of Boston, publisher of the trade journal…
Borrowing against your home can be tricky during financial emergencies
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From Freddie Mac's weekly survey: The 30-year fixed rate averaged 3.91 percent, up six basis points from last week's 3.85 percent. The 15-year fixed averaged 3.21 percent, also up six basis points from last week's 3.15 percent. Foreclosure News
Tense eviction ends peacefully
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“This is illegal! This is an illegal eviction,” Cheryl LeBlanc shouted to the crowd that had gathered outside the front door of the home in which she and her sons have lived since 2002. Sometimes the fellow members of her “blockade” joined in, warning the police and realtor that they were carrying out an unlawful…
False Representation Must Be Material to Violate FDCPA, Second Circuit Rules
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Resolving tension between New York and federal law, the U.S. Court of Appeals for the Second Circuit has ruled that a debtor must show that a debt collector's alleged false representation was material for it to be a “false, deceptive, or misleading representation” in violation of the Fair Debt Collection Practices Act . In applying…
Low Down Payment Options for Conventional Loans
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There's a misconception out there that you need to put 20% down in order to get a mortgage. That may have been the case in previous generations, but it isn't anymore. Foreclosure News
Frisco’s $2 billion Wade Park project dodges foreclosure again
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Two lenders – New York-based Gamma Real Estate and Bamcap Partners of Farmers Branch – have been seeking repayment of more than $ 130 million in debt on the mixed-use project at the Dallas North Tollway and Lebanon Drive. The finance sources in February declared the 4-year-old mixed-use project in default of loans and scheduled…