How Big Is The Foreclosure Market? It De...
Posted by yourmortgageplanner in Foreclosures on 08 12th, 2010 | No Comments
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.
A foreclosure filing is defined as default notice, scheduled auction, or bank repossession.
As with most months, just...
Foreclosure Activity Slows Again In June...
Posted by yourmortgageplanner in Foreclosures on 07 15th, 2010 | No Comments
313,841 foreclosure filings were made in June, according to foreclosure-tracking firm RealtyTrac. The figure represents a 3 percent drop from May and 7 percent drop from June of last year. However, foreclosure filings remain relatively high nationwide.
June marks the 16th straight month the filings...
Washington HomePath® Approved Lender...
Posted by yourmortgageplanner in FTHB, Featured Articles, Foreclosures on 06 17th, 2010 | No Comments
Highlights of HomePath®
No Appraisal Required
No Mortgage Insurance Required
All occupancy types are eligible
Primary Residence, Second Home, and Investment
Eligible for High Balance Loan Amounts
Unique Attributes to HomePath®
The sales price is used as the property...
Bank Reposessions Reach Record Levels Fo...
Posted by yourmortgageplanner in Foreclosures on 06 10th, 2010 | No Comments
According to foreclosure-tracking firm RealtyTrac.com, bank repossessions reached record levels for the second straight month in May, topping 93,000 properties nationwide.
As compared to May 2009, all 50 states now show an increase in annual REO activity.
Data like that won’t surprise today’s...
