Tag Archives: Foreclosure

2013 real estate kicks off with inventory crisis

Many economists have their predictions for how the real estate market will perform in 2013, but one thing that is certain and that will likely play a large role is that there are a lot less available homes for sale. … Continue reading

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Soaring Housing Stocks in Perspective

Nearly half of the components in the PHLX Housing Sector Index, which includes the public home builders as well as home remodelers and housing components, are up more than 50 percent since the overall stock market peaked. The index is … Continue reading

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Housing Crisis: New Rules Hit Mortgage Servicers

The nation’s five largest banks service about half of all mortgages, but recently they have been selling those servicing rights to so-called “specialty servicers,” like Ocwen and Nationstar, whose stocks have been soaring. These companies specialize in delinquent mortgages. The … Continue reading

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When Banks Walk Away, Homeowners Don’t Always Win

The trouble is, there are many borrowers who received delinquency notices or notices of default and thought they had to vacate. These were not notices of eviction or final foreclosure. Still, the borrower left before receiving the notice that the … Continue reading

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One Overlooked Fact About the Housing Recovery

As federal regulators and banks argue over whether new lending standards will make mortgage credit too tight or too expensive, one important fact about the housing market goes largely overlooked: More than 20 million American homeowners own their homes outright. … Continue reading

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