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Category Archives: Coto de Caza real estate
B of A to Offer Principal Writedowns to 200,000 Delinquent Borrowers
From this morning’s DSNews.com, written by Carrie Bay: “Bank of America began mailing out more than 200,000 letters this week targeting borrowers thought to be eligible for principal-reducing modifications under terms of the recent settlement the company and four other servicers … Continue reading
Mortgage Delinquency Rate to Fall 20 Percent in 2011?
The mortgage delinquency rate (the ratio of borrowers 60 or more days behind on mortgage payments) is expected to fall nearly 20 percent by the end of 2011 to 4.98 percent, according to TransUnion. Continue reading
Industry Completes 1.5M+ Loan Mods in 1st 10 Months of 2010
Far more homeowners are receiving workout solutions — including loan modifications — than are going to foreclosure sale each month Continue reading
Rent A Home Or Buy A Home : The Case For Both Sides
Is it better to rent a home, or to buy one? The answer may not be as clear-cut as you think. In this balanced, 3-minute joint interview from NBC’s The Today Show, you’ll hear the case for both sides. Continue reading
Fewer California mortgages are in default
Fewer California mortgages are in default Continue reading
New Bank of America Short Sale Test Program
New Bank of America Short Sale Test Program Continue reading
B of A starts a loan mod center in Orange County
B of A starts a loan mod center in Orange County Continue reading
How Big Is The Foreclosure Market? It Depends On Where You Live, Of Course.
Foreclosure filings rose 4 percent nationwide last month versus June, according to foreclosure-tracking firm RealtyTrac.com. For the 17th straight month, total filings topped 300,000. 6 states dominated activity levels. Continue reading
Shadow Inventory. Yes? No? Maybe?
Shadow Inventory. Yes? No? Maybe? Continue reading
Housing Market Holds Its Own: Life after the Tax Credit
Housing Market Holds Its Own: Life after the Tax Credit Continue reading