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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: Foreclosure
Meet America’s New Landlords: REITs
To see that growth, look no further than Edelheit’s brand new Atlanta office space, where he now employs 150 workers full-time and hundreds more part-time. His REIT owns close to 2000 properties in Georgia, North Carolina and Florida, and they … Continue reading
Posted in Real Estate News
Tagged Atlanta Office, Bank Of America, Bay Realty, Computer Work Station, Desks, Fannie Mae, Foreclosure, Georgia North, homes millbrae, Landlords, Maze, Office Space, Panting Dog, Part Time, Realty Trust, Reit, Reits, Risk And Reward, Silver Bay, Small Shelf, Stand Up
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Banks Pay Big for Robo-Signing…Again
The settlement is the result of an independent foreclosure review ordered by the Office of the Comptroller of the Currency in 2011. It required banks to hire independent auditors to go back over loans from 2009 and 2010 to look … Continue reading
Posted in Real Estate News
Tagged Bank Of America, Borrowers, Change In Direction, Citibank, Comptroller Of The Currency, Countrywide Financial, Deficiency Judgments, Direct Payments, Foreclosure, Half A Million, homes millbrae, Hsbc, Ills, Independent Auditors, Jpmorgan Chase, Loan Servicers, New Approach, Occ, Office Of The Comptroller, Office Of The Comptroller Of The Currency, Wells Fargo
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Already Time to Throw Up Caution Signs on Housing?
Fitch contends that home prices remain overvalued and that price growth is not being driven by fundamentals but by technical factors that could easily change. As more homes move more quickly to final foreclosure, especially in states that require a … Continue reading
Posted in Real Estate News
Tagged Caution Signs, Chief Economist, Federal Reserve, Fomc, Foreclosure, Hiatus, Home Value, homes millbrae, Household Formation, Local Market Conditions, Mortgage Backed Securities, Mortgage Rates, Negative Equity, Open Market Committee, Price Appreciation, Regions Mortgage, Stan Humphries, Supply And Demand, Technical Factors, Twelve Months, Zillow
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Mortgage Recovery Still Rocky
The trouble is, the banks are close to finishing their obligations under the settlement, and the largest, Bank of America, will not continue to offer principal reduction afterward. “The programs then going forward will provide for similar relief, but I … Continue reading