California Approves Short Sale Bill

The California State Assembly has approved a bill that would prevent a lender or servicer from proceeding with a foreclosure on a home after approving a short sale in writing.

Short Sales Priced to Sell More Quickly

It appears that lenders are finally realizing short sales will sell faster if they are priced correctly.

Short Sale Bill Approved in California

The California State Assembly has approved a bill that would prevent a lender or servicer from proceeding with a foreclosure on a home after approving a short sale in writing.

Short Sale Bill Approved in California

The California State Assembly has approved a bill that would prevent a lender or servicer from proceeding with a foreclosure on a home after approving a short sale in writing.

Short Sales Priced to Sell More Quickly

It appears that lenders are finally realizing short sales will sell faster if they are priced correctly.

Looking for Light at the End of the Foreclosure Tunnel

Last week I got a chance to stop by the studios for The Daily Ticker show produced for Yahoo! Finance and talk to host Aaron Task about the latest RealtyTrac foreclosure activity report from April.

Short Sale Tsunami Possible in 2012

Three increasingly large waves of potential short sales are rolling toward the shores of the U.S. housing market.

Short Sale Tsunami Possible in 2012

Three increasingly large waves of potential short sales are rolling toward the shores of the U.S. housing market.

Looking for Light at the End of the Foreclosure Tunnel

Last week I got a chance to stop by the studios for The Daily Ticker show produced for Yahoo! Finance and talk to host Aaron Task about the latest RealtyTrac foreclosure activity report from April.

A Shift Toward Short Sales in 2012

In January 2012 there were more than 35,000 pre-foreclosure sales — typically short sales — nationwide, on pace for more than 105,000 pre-foreclosure sales for the first quarter.

Are Mortgage Write Downs a Backdoor Bailout for Bankers?

Edward Demarco, acting Federal Housing Finance Agency director, sees the current push to force Fannie and Freddie to do principal reductions as a backdoor bailout for the nation's major banks.

A Shift Toward Short Sales in 2012

In January 2012 there were more than 35,000 pre-foreclosure sales — typically short sales — nationwide, on pace for more than 105,000 pre-foreclosure sales for the first quarter.

Are Mortgage Write Downs a Backdoor Bailout for Bankers?

Edward Demarco, acting Federal Housing Finance Agency director, sees the current push to force Fannie and Freddie to do principal reductions as a backdoor bailout for the nation's major banks.

A Shift Toward Short Sales in 2012

In January 2012 there were more than 35,000 pre-foreclosure sales — typically short sales — nationwide, on pace for more than 105,000 pre-foreclosure sales for the first quarter.

Foreclosures Fall To Lowest Level Since 2007

Foreclosure filings in April fell for the third straight month to the lowest level since July 2007. Total activity for April, including defaults, scheduled auctions and bank repossessions, was down 5% from March, according to RealtyTrac.

Foreclosures For Sale Under $50,000

I recently took a look at how many foreclosure properties —pre-foreclosures, scheduled auctions or REOs — were listed for sale on RealtyTrac for $50,000 or less.

Foreclosures For Sale Under $50,000

I recently took a look at how many foreclosure properties —pre-foreclosures, scheduled auctions or REOs — were listed for sale on RealtyTrac for $50,000 or less.

Foreclosures Fall To Lowest Level Since 2007

Foreclosure filings in April fell for the third straight month to the lowest level since July 2007. Total activity for April, including defaults, scheduled auctions and bank repossessions, was down 5% from March, according to RealtyTrac.

Foreclosures For Sale Under $50,000

I recently took a look at how many foreclosure properties —pre-foreclosures, scheduled auctions or REOs — were listed for sale on RealtyTrac for $50,000 or less.

U.S. Foreclosure Activity Drops In April - RealtyTrac

Foreclosure activity dropped in April to the lowest level in nearly five years, RealtyTrac said in a report on Thursday. Foreclosure actions were reported on 188,780 homes, down 5 percent from March and 14 percent from the year before.