Despite Economy, Landlords Should Not Make Hasty Decisions on Renters
Tuesday, November 25, 2008 @ 10:47 AM EST
Landlord Association Offers Tips for Landlords Struggling in Hard Economic Times Faced with an empty property in this rough economy, landlords may be temped to relax their standards. Since they have monthly...
Fannie Mae to Suspend Foreclosures Until January 2009 While Streamlined Modification Program is Implemented
Tuesday, November 25, 2008 @ 10:45 AM EST
In order to support the streamlined modification program announced on November 11, 2008, Fannie Mae (NYSE:FNM) today issued a notice to its loan servicing organizations and retained foreclosure attorneys...
Freddie Mac Suspends All Foreclosure Sales of Occupied Homes From Day Before Thanksgiving Until January 9, 2009
Tuesday, November 25, 2008 @ 10:44 AM EST
Freddie Mac (NYSE:FRE) today announced it has ordered its national network of mortgage servicers and foreclosure attorneys to suspend all foreclosure sales and evictions involving occupied single family...
'Avoid Foreclosure by Taking-Out a Reverse Mortgage!' Says Reverse Mortgage Expert & Author, Scott Tucker!
Tuesday, November 25, 2008 @ 10:43 AM EST
'And you'll never have to make another mortgage payment for the rest of your life!' With foreclosures gripping the nation, many "baby boomers" & senior citizens are finding themselves also falling-behind...
Existing-Home Sales Soften on Economic Volatility
Tuesday, November 25, 2008 @ 10:42 AM EST
Existing-home sales declined on the heels of a strong gain in September as uncertainty and economic concerns increased in October, according to the National Association of Realtors(R).
(Logo: http://www...
One-Third of Americans Who Sold Their Home in the Past Year Lost Money; Trend Expected to Continue As Home Values Decline for Seventh Straight Quarter
Monday, November 17, 2008 @ 10:21 PM EST
Depreciation Becomes Long-Term:
One in Four Markets Covered Have Negative or Flat Annualized Change Over Five Years, According to Q3 2008 Zillow(R) Real Estate Market Reports
Home values in the United...
Homeownership Incentives Won't Stimulate Economy, But May Lay Seeds for Another Housing Crisis
Monday, November 17, 2008 @ 10:19 PM EST
Congress Should Focus on Restructuring Mortgages, Not on Housing Oversupply Lawmakers under political pressure to "do something" to stimulate the economy and stop the slide in housing prices must act...
Foreclosure Activity Increases 5 Percent in October According to RealtyTrac(R) U.S. Foreclosure Market Report
Monday, November 17, 2008 @ 10:18 PM EST
States' Legislation Slows Rate of Increase, But Foreclosure Activity Up 25 Percent From October 2007 RealtyTrac(R) (http://www.realtytrac.com/), the leading online marketplace for foreclosure properties,...
NAR Grants Promote Local Affordable Housing Efforts
Monday, November 17, 2008 @ 10:17 PM EST
The National Association of Realtors(R) has awarded $54,500 to 14 local and state Realtor(R) associations through the Housing Opportunity Fund grants program. The grants help local and state Realtor(R)...
Pelosi Statement on Dramatic Rise in Home Foreclosures and Jobless Claims
Monday, November 17, 2008 @ 10:16 PM EST
Speaker Nancy Pelosi issued the following statement today on deteriorating economic news, including a steep rise in foreclosures and increased number of Americans filing for jobless claims:
"America's...
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