by countyproperties | Dec 16, 2011 | Latest News, Riverside foreclosure news, San Diego Foreclosure news
U.S. home values continued to fall in October, but at a rate that has stabilized as the market heads toward a bottom, according to a report from property valuation site Zillow. Nationally, home values dipped 0.3 percent in October from September, and declined 5.1...
by countyproperties | Dec 16, 2011 | Latest News, loan modification, San Diego Foreclosure news, San Diego Short Sales
Foreclosure-prevention actions by Fannie Mae and Freddie Mac increased in the third quarter of 2011, according to a report by the Federal Housing Finance Agency. Since entering conservatorship in 2008, the GSEs have taken nearly 2 million foreclosure-prevention...
by countyproperties | Dec 10, 2011 | Finance, Latest News, Real Estate news
Barclays Capital analyst Stephen Kim predicts a housing recovery buoyed by improving jobs numbers and the fact prices for nondistressed homes will have stabilized without government support. “In the absence of a government homebuyer incentives, prices for...
by countyproperties | Dec 10, 2011 | Finance, Latest News, Riverside foreclosure news, Riverside Real Estate, San Diego Foreclosure news, San Diego Real Estate
Mortgage delinquencies of 60 days or more are forecast to rise through the first quarter of 2012 and then decline to about 5% by the end of 2012, according to TransUnion. After six consecutive quarterly declines between the fourth quarter of 2009 and the second...
by countyproperties | Dec 10, 2011 | Latest News, loan modification, San Diego Short Sales
The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), the Consumer Financial Protection Bureau (CFPB), and the U.S. Department of the Treasury today announced the creation of a joint task force to combat scams targeted at...
by countyproperties | Dec 10, 2011 | Commercial Real Estate, Finance, Latest News, San Diego Investment Properties
The percentage of commercial loans that paid off at their maturity date rebounded in November, an improvement that probably won’t continue next year, according to a Trepp report released Wednesday. In November, 47.1% of loans that reached their balloon date paid...
