According to an article published today in the Charlotte Business Journal, Mecklenburg and Union counties had the highest frequency of foreclosures in the state last year, with one in 34 housing units facing repossession. The following is an excerpt from the article: The statewide average was one in 63 units, ...
Starting February 1st, Making Home Affordable will be releasing a new HAFA guidlines to enhance the government’s short sale program. This will make it more efficient and less restrictive for distressed homeowners to participate. The new policies include: Monthly Gross Income Verification Vacant Property Requirements Release of Subordinate Liens Timing ...
In efforts to help Homeowners avoid foreclosure, Fannie Mae has developed an interactive video that people can use to gain more knowledge about the situation. Read this DSNews.com article about this new aid with homeowning below: “The Air Force uses visual flight simulators to train its pilots on proper procedures ...
Starting January 1st, a new real estate process was enacted in the state of North Carolina. This process deals with a new contract that will now be used to buy and sell homes. Originally, a potential buyer would make an offer on a property that is for sale and once ...
The following article is from DSNews.com regarding HAMP Stats Increasing, Published December 22, 2010:The federal government’s principal foreclosure prevention program has put 504,648 distressed homeowners into permanently modified loans since it was launched in March 2009. Treasury released new numbers for the Home Affordable Modification Program (HAMP) Wednesday, and in ...
The housing market’s climb from the depths of depression is continuing at an uneven pace, and economists say signs point to further slow improvement in 2011. “The trend is starting to move in the right direction,” says Diane Swonk, chief economist at financial services firm Mesirow Financial. A string of ...
Page [tcb_pagination_current_page] of [tcb_pagination_total_pages]