A whopping 11.1 million homeowners were underwater on their mortgages in the fourth quarter...
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Just over 25 percent of those who applied for mortgage payment relief under the Making Home Affordable Program have succeeded thus far...
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Almost 30,000 permanent loan modifications were approved this month but almost 9,000 previously completed were cancelled...
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Even as Arizona's share of federal money for a program designed to help homeowners avoid foreclosure has more than doubled, the program has been a failure...
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It’s that time of the year again, when predictions for the upcoming year begin flooding in.
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Since the market peaked in June 2006, homeowners have been stripped of $9 trillion in equity...
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Homeowners paying up-front auditing fees for a review of their lender’s practices, are being provided nothing in the way of foreclosure prevention - Ironically enough, some of these loan auditors may have been the same loan originators that broke the rules in the first place
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Morgan Stanley can only be termed as gigantic because at the end of the second quarter, they had assets in the area of $213.2 billion. However they defied logic by turning over their five buildings in San Francisco to their lenders, rather than pay off the debt on them...does this sound fishy?
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The housing affordability index measured by the National Association of Home Builders and mortgage lender Wells Fargo hit its highest point ever in the fourth quarter.
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The volume of distressed residential properties in the United States is the primary factor hindering a full recovery in the country’s housing market...
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Fannie Mae has unveiled an interactive multi-media tool designed to educate distressed homeowners about their options to avoid foreclosure...
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Fannie Mae and Freddie Mac are beginning to initiate foreclosures at a faster pace. Rates among the agencies’ prime loans have soared nearly 400 percent since January 2008...
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More than 40 percent of the trial loan modifications started under HAMP were cancelled as of the end of last month...
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Nearly half of the homeowners who enrolled in the Obama administration's flagship mortgage-relief program have fallen out.
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Being able to internally and successfully negotiate with lien holders sets us apart from our competition.
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An Arizona based real estate investment firm, Done Deal Solutions, has helped thousands of homeowners over the past six years, but has really gained momentum as wholesale properties and short sales have gained popularity over the course of the last few years.
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