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Foreclosure Investment News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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  • Earn A Lot With Miami Foreclosure Home 7 Nov 2009 17:14 GMT
    ... Earn A Lot With Miami Foreclosure Home Saturday, November 07 2009 @ 09:56 ... to earn a lot, you have to invest your money in business. There are some ... will be a great risk for your investment. There are some who still wait for ...

  • Westshore Hotel foreclosure caused by high debt, mismanagement 7 Nov 2009 00:43 GMT
    ... problems helped push the aging Westshore into foreclosure two months ago. Most were tied to ... wanted out. Jai Lalwani was looking for investors and approached Redner. He knew Lalwani as owner ...

  • Real estate fraud could bring Windsor plumber 7 years in prison 7 Nov 2009 01:42 GMT
    ... estate fraud in a scam that cost investors more than $1 million. Juan Carlos Alcala, ... Alcala's undeveloped Limerick Lane property fell into foreclosure and was taken over by several investors, ... told the woman he needed money to invest in property he was fixing and persuaded ...

  • Tax the Traders! Make Wall Street Pay its Share With a "Tobin Tax" 7 Nov 2009 19:12 GMT
    ... in microseconds, allowing them to beat ordinary investors to the "buy" button and to manipulate ... the economy shed 768,000 jobs, and home foreclosures set a new record. More than a ... be the first Tobin Tax on foreign investment inflows. A U.S. bill proposing to tax ...

  • Commercial real estate crash coming, many say 7 Nov 2009 00:43 GMT
    ... We all know why home foreclosures are bad. Nose-diving home values and neighborhood ... are uncontested in light of the heavy investor/speculator element in that market, which means they ...

  • UPDATE 2-US Treasury to block sale of Fannie Mae tax credits 7 Nov 2009 00:20 GMT
    ... low income housing tax credits to unnamed investors. The tax credits are incentives designed to bring more investment to low-income housing developments and are valued ... Thursday said bad mortgages and a federal foreclosure prevention program left it with a $18.9 ...

  • American dream of home ownership morphs into nightmare 7 Nov 2009 01:14 GMT
    ... this year alone. Another seven million face foreclosure by 2012. The human and financial cost ... down, so mortgage-backed securities were a safe investment. Trouble was, by about 2003, everyone who ... of insurance on mortgage-backed securities that enabled investors to collect billions of dollars on bets ...

  • Fannie Mae offers homeowners new option to stay in home 7 Nov 2009 01:11 GMT
    ... a process known as a deed-in-lieu of foreclosure. That pales in comparison to the 90,000 ... in Darien, Conn., and a longtime bearish investor. "Taxpayers are now going to own all these ...

  • Freddie Mac Posts Loss, Says It Doesn't Need Aid 7 Nov 2009 07:37 GMT
    ... like high unemployment, excess inventory and rising foreclosures will continue to impede a full recovery ... rising values are misleading, according to Pacific Investment Management Co. A record 2.6 million defaults, ...

  • Boston wants to help keep tenants in foreclosed homes 7 Nov 2009 14:36 GMT
    ... and limit the impact of the ongoing foreclosure crisis. This pilot program, known as the ... to reimburse the BRA for the initial investment. “We are getting back exactly what we ...

  • Four Homes for Sale Nightmare You Must Avoid And How to Avoid Them 7 Nov 2009 18:36 GMT
    ... 2009 @ 11:51 AM Central Standard Time Foreclosures, short sales and just about any type ... treated with your dedication to maintain the investment. 4. Financing obstacles Finally, with the economy ...

  • Practical times? Fanciful and expensive resort project goes up in Rhode Island 7 Nov 2009 13:16 GMT
    ... razed. Now a group of sentimentally attached investors -- led by mutual fund magnate Charles Royce ... state has among the highest unemployment and foreclosure rates in the country. The local economy ...

  • Freddie Mac Posts Narrower Net Loss In Q3; To Seek Addl. Funds From Treasury 7 Nov 2009 01:17 GMT
    ... helped by higher net interest income, and investment gains. The company said it had successfully ... by high unemployment, excess inventory and rising foreclosures. The McLean, Virginia-based company reported a net ...

  • Wingspan, AFN Offer Tenant Act Compliance Services 7 Nov 2009 17:38 GMT
    ... of their National Residential Property Receivership Program, providing solutions to the problems for lenders, investors and servicers that arise from the Protecting Tenants at Foreclosure Act, which was signed into law in May of this year. The legislation presents ...

  • Home builders are again looking for land 7 Nov 2009 03:33 GMT
    ... again, vying for choice parcels even in foreclosure-riddled markets like Las Vegas, Southern California and ... feeding the market and selling lots to investors," said Tom Dallape, a principal at The ...


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