Currently viewing the tag: "REO"

Foreclosures Remain Highly Concentrated

On October 14, 2010 By

The term “foreclosure filing” is a catch-all word for housing, comprising default notices, scheduled auctions, and bank repossessions.

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Default Notices Drop Again

On September 16, 2010 By

Despite foreclosure filings surpassing 300,000 for the 18th straight month, RealtyTrac’s monthly foreclosure report shows some bright spots for housing.

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First Time Home Buyer Tax Credit Pushes Up Home Resales

On April 23, 2010 By

Existing Home Sales rose in March, as expected. The first time homebuyer tax credit continues to fuel higher sales figures.

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How To Buy Bank-Owned Homes

On April 15, 2010 By

From our friends at .com, filings rose close to 20 percent nationwide last month versus February. In the first quarter of 2010, hit a new all-time record:  [...]

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Foreclosures & First Time Home Buyers

On April 15, 2010 By

California, Florida, Arizona and Georgia accounted for more than half of all bank repossessions in March 2010. It’s a disproportionate distribution of foreclosures. Together, the 4 states represent just 23 percent of the overall U.S. population.

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HUD Lifts 90 Day Seasoning Requirement for FHA

On January 19, 2010 By

HUD Lifts 90 Day for

The Department of Housing and Urban Development had already lifted the “seasoning requirements” for FHA financing on bank .

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