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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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Categories
Homes Millbrae Pages
Tag Archives: Foreclosure
Housing Recovery Depends on Slashing Mortgage Debt
(Read More: Mortgage Deduction Is Popular, but Few Claim It) “The prospect of being taxed on potentially tens or hundreds of thousands of dollars in additional income may motivate more distressed homeowners to forgo a short sale and allow the … Continue reading
Posted in Real Estate News
Tagged Additional Income, Amherst, Bank Of America, Blomquist, Borrowers, Daren, Distressed Homeowners, Foreclosure, homes millbrae, Hundreds Of Thousands, Joseph A Smith, Loan Balances, Mortgage Debt, Mortgage Deduction, Mortgage Interest Deduction, Principal Reduction, Principal Relief, Quagmire, Realtytrac, Securities Group, Thousands Of Dollars
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How Rising Home Prices May Actually Stall the Recovery
Home prices have been rising steadily for the past several months, but some fear the rapid increase could actually start hurting the housing recovery. The reason is that the rise in prices is mainly due to investors, mostly large hedge … Continue reading
Posted in Real Estate News
Tagged Bidding Wars, Borrowers, Case Shiller Home Price Index, Credit Scores, Diggle, Economics Today, First Time Buyers, Foreclosure, Hedge Funds, Home Price Index, homes millbrae, Influx, Inventories, Investment Demand, Losses, Mortgage Market, National Housing, Paces, Rapid Increase, Time In History, Witness
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FHA May Show Negative Reserves For Mortgage Losses
The Federal Housing Administration (FHA), in a report due out Friday, could disclose that its reserves for future mortgage-insurance claims dipped into negative territory for the first time in almost a quarter of a century. Every year, the FHA, the … Continue reading
Posted in Real Estate News
Tagged Capital Reserves, Chappelle, Consulting Firm, Credit Scores, Federal Housing Administration, Fha Loans, Fha Mortgage, Foreclosure, Home Loans, homes millbrae, Independent Analysis, Insurance Claims, Insurance Fund, Insurer, Loan Losses, Mortgage Bankers Association, Mortgage Insurance, Negative Reserves, Negative Territory, Net Worth, Soundness
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Bank of America Slashes $4.75 Billion Off Mortgages
As part of the sweeping national mortgage servicing settlement that went into effect in March, officials at Bank of America said they are halfway to fulfilling their mandate of providing $7.6 billion worth of consumer relief. The bank [BAC Loading… … Continue reading
Posted in Real Estate News
Tagged Bank Of America, Bank Officials, Banks, Borrowers, Conference Call, Countrywide Financial, Financial Obligations, Foreclosure, Home Equity Loan, homes millbrae, Ills, Loan Balances, Loans, Mandate, Monthly Mortgage Payments, Mortgage Interest Deductions, Mortgage Servicing, Mortgages, National Mortgage, Slashes, Unpaid Principal Balances
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