Category Archives: Foreclosure

Bank of America is considering charging its millions of customers another fee.

Bank Fees Back: BofA Mulls Revamp Daily TickerLess than five months after Bank of America backtracked on its $5 monthly debit card fee, the country’s second largest U.S. bank is considering charging its millions of customers another fee. More »Bank Fees … Continue reading

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Jun 9 2011 Americans’ Equity in their homes near a record low due to Sinking Home Prices

Americans’ equity in their homes near a record low Sinking prices taking a big bite out of home equity; average American now owns just 38 percent. In this June 3, 2011 photo, members of the Home Defenders League rally in … Continue reading

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Jun 9 2011 Calls to BOYCOTT Bank Forclosures and Home FLIPPER Purchases

Thursday, June 9, 2011 Jun 9 2011 It is TIME to BOYCOTT Bank Forclosures and FLIPPER Home Sales By Morpheus of www.50kview.com It is has been clearly established that the Wall Street Bunch and BIG National Banks were knowingly complacent … Continue reading

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May 27 2011 Pending home sales dive 11.6 percent in April

On Friday May 27, 2011, 10:32 am EDT NEW YORK (Reuters) – Pending sales of existing U.S. homes dropped far more than expected in April to touch a seven-month low, a trade group said on Friday, dealing a blow to … Continue reading

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May 26 2011 Foreclosure Homes Driving Market Down with Big supply, low prices

There is a three-year inventory of homes in foreclosure for sale, and that’s devastating home prices. Las Vegas has so many foreclosures that 53% of all the homes sold in Nevada are in some stage of foreclosure, according to a … Continue reading

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May 23 2011 U.S. Banks, Lenders Hold 872,000 Homes

U.S. Banks, Lenders Hold 872,000 Homes; Gas Prices Fall: Video- Bloomberg May 23 (Bloomberg) — Jane King summarizes the top stories this morning on the Bloomberg Business Report. (Source: Bloomberg)

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May 17 2011 More Indications of a Continued U.S. Housing Slump

Housing slump Newly released data by the Commerce Department showed that the number of new homes built in April plummeted 10.6% on the previous month. The seasonally adjusted rate fell to 523,000 homes per year, which is nearly 25% down … Continue reading

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May 16 2011 – U.S. Builders see a Very Weak Housing Market

U.S. Builders See Little to Like in Housing Market- AP U.S. homebuilders are concerned that the struggling housing market won’t recover in the near future. There also looms the stockpile of BANK OWNED foreclosed homes derelict and deteriorating on day … Continue reading

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You still may not own your home even after paid 30 year Mortgage

If you pay off you home after 30 years you still may not own your home. You may have paid off the wrong bank or mortgage processor. When you go to sell your house you may learn that you do … Continue reading

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The recent decline in mortgage foreclosures might have more to do with law changes

The recent decline in mortgage foreclosures might have more to do with a new longer state-mandated right-to-cure waiting period and the state Supreme Judicial Court’s Ibanez decision, which invalidated two Springfield foreclosures because the foreclosing entities could not legally prove that it … Continue reading

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