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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Homes Millbrae Pages
Tag Archives: Borrowers
Foreclosures fall even as judges ramp up
U.S. foreclosure activity in June fell to the lowest level since December of 2006, but certain states are seeing a rise in activity, as judges work through tremendous backlogs of delinquent loans. Close to 128,000 properties received some kind of … Continue reading
Foreclosures Fall Even as Judges Ramp Up
U.S. foreclosure activity in June fell to the lowest level since December of 2006, but certain states are seeing a rise in activity, as judges work through tremendous backlogs of delinquent loans. Close to 128,000 properties received some kind of … Continue reading
Posted in Real Estate News
Tagged Backlogs, Bank Repossessions, Blomquist, Borrowers, Brisk Sales, Daren, Delinquent Loans, Distressed Properties, Foreclosure Auction, Foreclosure Auctions, Foreclosure Cases, Foreclosure Process, Foreclosure Sales, Foreclosures, Half A Million, homes millbrae, Judicial Foreclosure, New Laws, Opportune Time, Ramp, Spike
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Housing Sentiment Sours as Mortgage Rates Rise
“Prices have to be lowered, more cash must be put into the transaction in the form of a down payment or to buy down the interest rate in order to qualify for the same house price,” said Hanson. “Buyers must … Continue reading
Posted in Real Estate News
Tagged 11 Years, Adjustable Rate Loan, Affordability, Borrowers, Denials, Fannie Freddie, Fha, First Three Months, Hangover, Home Builder, Home Builders, Home Buyer, homes millbrae, House Price, Mortgage Delinquencies, Mortgage Rates Rise, New Construction, Nine Months, Processing Services, Sign Contracts, Tax Credit
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Mortgage Cop: Four Top Banks Fail Consumers
“The banks take this very seriously. They were not elated at having failures. I know they’ve spent a lot of money and a lot of time trying to correct their processes in a way that will serve the public better, … Continue reading
Posted in Real Estate News
Tagged Affidavits, Bank Of America, Borrowers, Consumer Complaint, Consumer Complaints, Crux, Eric T, Foreclosure, homes millbrae, Loan Modification, Mortgage Banks, Mortgage Professionals, National Mortgage, New York State, New York State Attorney General, Pact, Point Of Contact, Schneiderman, Single Point, State Attorney General, Wells Fargo
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Rising Rates Scare Borrowers Into Action
Roughly 10 million refinances took place over the past two years, although that may include borrowers who have refinanced more than once, according to Inside Mortgage Finance. From mid-2011 to mid-2012, rates dropped by 100 basis points, making it worthwhile … Continue reading
Posted in Real Estate News
Tagged 100 Basis Points, Borrowers, Cnbc, Corelogic, Diana Olick, Double Edged Sword, Equity Position, Facebook, Fannie Freddie, Fannie Mae, Fannie Mae And Freddie Mac, First Three Months, Freddie Mac, homes millbrae, Housing Finance Agency, Interest Rate Environment, Jumbo Mortgages, Mortgage Finance, Purchasing Power, Refinances, Tight Supplies
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