Tag Archives: Foreclosure

Recovery Update

By NICK TIMIRAOS The percentage of American homeowners behind on their mortgage payments fell during the first quarter to the lowest level since the end of 2008. But the share of loans in foreclosure remains stubbornly high, according to a … Continue reading

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Bank of America – Paying it back?

Bank of America has started sending letters to thousands of homeowners in the United States, offering to forgive a portion of the principal balance on their mortgages by an average of $150,000 each. The reduction for qualifying homeowners could amount … Continue reading

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HARP Loans have not hit yet

Mortgage applications decreased 4.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 17. The Refinance Index decreased 4.8 percent from the previous week. The seasonally … Continue reading

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Arizona’s Piece of the Pie!

Arizonans will divide up about $1.6 billion from a nationwide settlement announced Thursday with five major mortgage lenders. The cash is part of a $26 billion pact to settle claims that the lenders acted improperly and illegally in dealing with … Continue reading

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Where were YOU 8 years ago?

I lifted this from Inman this morning, forget about the movie… are you ready to, or can you… change? Eight years ago a scrappy kid at Harvard had an idea. I would have liked to be at Harvard that night; … Continue reading

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Where Are We Headed?

Want to know where housing will head in 2012? First, be aware that all real estate is local and these factors are mostly national, but they can give you an indication of trends and the overall direction of housing. Having … Continue reading

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More Good News In Maricopa County?!!

For the monthly period ending December 15, we are currently recording a sales $/SF of $84.47 averaged for all areas and types across the ARMLS database. This is 2.9% higher than the $82.35 we now measure for November 14. Our … Continue reading

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Things are getting better!?!

Maricopa County Notice of Trustee Sales plummeted to 2,842 in November 2011, compared with 4,948 during the same period in 2010 – a decrease of 57%. Phoenix, AZ, December 12, 2011 — Default Research, Inc., (www.defaultresearch.com), a major aggregator of … Continue reading

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