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Wednesday November 25, 2009
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Mortgage Foreclosure News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest Mortgage Foreclosure News

  • Equi-Trax Launches Insurance Recovery Program 25 Nov 2009 08:46 GMT
    ... commercial insurance claims. “Over one half of foreclosed properties are damaged by the former owners ... of certified appraisers licensed to serve the mortgage industry, Equi-Trax developed a new line of ...

  • Home prices in county slow rate of increase 25 Nov 2009 08:37 GMT
    ... said the prospects of more defaults and foreclosures might reverse the price rises if owners ... in payments are unable to get their mortgages modified. “That’s a downside risk, but it’s ...

  • Forclosure Auction Bargain Turns Into Nightmare 25 Nov 2009 08:30 GMT
    ... tale to those looking to pick up foreclosure properties on the cheap. “We're on the ... use to determine if they'll fund a mortgage. Countrywide used their own company to perform ...

  • The Vampire Banks Are Back: Will There Ever Be Meaningful Financial Reform? 25 Nov 2009 08:30 GMT
    ... people set to lose their homes to foreclosure this year. But there is good news: ... are written like the adjustable rate subprime mortgages that helped get us into this mess. ...

  • Door to Door Loans 25 Nov 2009 08:10 GMT
    ... meet their various financial requirements. Basically, these mortgages are unsecured loans and therefore there is ... bankruptcy, late payments, missed payments, CCJs, IVA, foreclosures, etc. can easily apply for these mortgages. ...

  • Door to door loans: Fast cash at your door 25 Nov 2009 08:10 GMT
    ... meet their various financial requirements. Basically, these mortgages are unsecured loans and therefore there is ... bankruptcy, late payments, missed payments, CCJs, IVA, foreclosures, etc. can easily apply for these mortgages. ...

  • Arizona left behind as US home prices start to strengthen 25 Nov 2009 07:34 GMT
    ... and continued high levels of delinquency and foreclosures, the longer-term view remains uncertain." The FHFA ... which have the largest database of conventional mortgages going back 34 years. That allows the ...

  • One-third of local homeowners are now 'underwater' 25 Nov 2009 07:34 GMT
    ... One-third of Tucson homeowners with mortgages now owe more than their properties are ... report warns of the potential for increased foreclosures as homeowners who find themselves severely underwater ...

  • Six targets mortgage fraud 25 Nov 2009 07:31 GMT
    ... federal and state enforcement agencies in a nationwide effort to crack down on bogus mortgage foreclosure rescue and loan modification operations, Kansas Attorney General Steve Six said Tuesday. Six said ...

  • Twin Cities home prices climb 1.8% 25 Nov 2009 07:11 GMT
    ... about another 5 percent — because the foreclosure rate, which hit a record high at ... that 15.5 percent of households with a mortgage in the Twin Cities were in "negative ...

  • Officials highlight Nevada mortgage fraud problem 25 Nov 2009 06:37 GMT
    ... law enforcement efforts to identify and prosecute mortgage fraud in Nevada. An aide says the ... Marietta Rodriguez and members of the Nevada Foreclosure Task Force also took part. They highlighted ...

  • About 22% of mortgages in region are 'underwater' 25 Nov 2009 06:35 GMT
    ... in Hampton Roads owed more on their mortgages than the homes were worth at the ... one of the most common precursors to foreclosure. Bank repossessions and foreclosure auctions in Hampton ...

  • Someday, someone's going to wind-up and punch you and I want to be there to see it 25 Nov 2009 06:16 GMT
    ... during the boom and are now in foreclosure. Mr. Radow, a lawyer turned developer, has ... fire after the bank foreclosed on the mortgage. Radco repaired the damage and quelled labor ...

  • Sales of new homes forecast to rise 2 percent 25 Nov 2009 06:13 GMT
    ... are being attracted by low prices and mortgage rates. The Federal Reserve has kept interest ... another 5 to 10 percent, as more foreclosures get pushed onto the market. In Tucson, ...

  • Valley home prices continue to flatten 25 Nov 2009 05:55 GMT
    ... improve each month despite the prevalence of foreclosures, according to the latest Arizona State University-Repeat ... which have the largest database of conventional mortgages going back 34 years. That allows the ...


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