2012 Real Estate
Posted on February 10, 2012. Filed under: 2012 Real Estate, Loan Modification, Short Sales |
On Thursday, January 9th, 2012 – 49 State Attorneys General and the federal government reached a $25 billion settlement with the nation’s five biggest banks with regard to the Foreclosure crises that came to light late in 2010. “First, the basic terms of the settlement: Under the deal, $20 billion will be allocated to principal [...]
Read Full Post |
Make a Comment ( None so far )
Posted on January 13, 2012. Filed under: 2012 Real Estate, Buying a Home, Foreclosures, Investment Properties |
Foreclosure activity was down overall for 2011. In 2010 about 1 million homes were lost to foreclosure, and only 804,000 homes were seized in 2011 due to the legal scrutiny of the foreclosure practices slowed down by the documentation crises, known as robo-signing, that surfaced in October 2010. The increase if foreclosure proceedings that began [...]
Read Full Post |
Make a Comment ( 1 so far )
