Here are the two possible outcomes from this new California law.
Foreclosures
Required reading for mortgage and housing watchers.
Here's your Originations linkfest: must-read mortgage & housing stories last few days
How banks are thinking about HARP 2 to avoid trouble later.
How banks are thinking about HARP 2 to avoid trouble later.
How one real estate private equity firm is redefining the path to home ownership.
RealtyTrac reports on a trend toward short sales in 4Q.
A closer look at some of the housing fixes being discussed.
Latest on builders, Fed officials saying lending standards too tight.
Check out these two headlines. No wonder nobody knows what to do.
Today’s must-read links… -New Government-Assisted Refi Program Coming (MarketWatch) -CHART: Areas With Most-Underwater Homes (NewYorkTimes) -The Eurozone Crisis Explained in Brief (RobertSinn) -Kids With Huge Jobs At Treasury (BusinessWeek) -UK Shifting from ARMs to 30yr Fixed? (FT) -Is Teaching A Profession (Weakonomics)
Usually I don’t repeat foreclosure numbers, for a variety of reasons. But the latest numbers were so bad I had to say something: the number of notices of default jumps 25.9% from the second quarter. An estimated 71,275 notices of default were filed against California properties during the three months that ended Sept. 30, with
After four bank failures Friday, eighty banks have failed in 2011. At the current pace 100 will be closed this year, better than the 160 banks the FDIC closed due to insolvency in 2010 or the 139 that failed in 2009. According to Trepp, a CMBS and commercial mortgage data services provider, loans tied to
After four bank failures Friday, eighty banks have failed in 2011. At the current pace 100 will be closed this year, better than the 160 banks the FDIC closed due to insolvency in 2010 or the 139 that failed in 2009. According to Trepp, a CMBS and commercial mortgage data services provider, loans tied to
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