Mortgage Forgiveness Debt Relief Act May Get an Encore
In less than four months one of the clearest safeguards for Arizona’s distressed homeowners attempting a short sale is set to expire. The Mortgage Forgiveness Debt Relief Act of 2007 (“Act”) has made the choice between short sale and foreclosure a much easier one to make, and it may just stick around for an additional […]
First-time homebuyers struggling amid recovering market + MORE
Some interesting first-time home buyer and mortgage settlement news from around the country. Be sure to read the mortgage settlement article, as it talks about how state legislators are going after lenders to make it more difficult for them to foreclose on homeowners. First-time homebuyers struggling amid recovering market – implode-explode.com South Florida’s housing […]
Sales of New Homes Rise Amid Falling Interest Rates
Interesting article from Bloomberg about the increase in new home sales as a result of falling interest rates. Sales Of New Homes Probably Rose In U.S. As Mortgage Rates Fell – implode-explode.com Demand for new U.S. homes probably rose in May for the second month as mortgage rates dropped, bolstering the residential real-estate market […]
Mortgage Settlement Enforcement Monitor Claims Bank Leaders Are Lying to Him + MORE
Some interesting news on foreclosures and mortgage settlement from around the web. If a foreclosure is affecting you, be sure to read the article titled “Foreclosure Feeling Dealing with Real Estate Depression”. Mortgage Settlement Enforcement Monitor Claims Bank Leaders Are Lying to Him – implode-explode.com “everyone was waiting for the 49 state mortgage settlement” […]
