It’s hard to miss the news in real estate today: major lenders are investigating issues in their foreclosure processes. To date, GMAC (now Ally Financial), JPMorgan Chase and Bank of America have announced foreclosure freezes to review how their companies are handling the process. While most lenders have stalled foreclosure procedures in roughly half the [...]
Entries Tagged as 'Freddie Mac'
“What Foreclosure Freezes Mean for Distressed Homeowners” Interesting Article from CDPE.com
October 11th, 2010 · 1 Comment · Uncategorized
Tags:Bankrate·Charlotte·Charlotte foreclosure homes·Charlotte NC foreclosures·Charlotte Real Estate Investment·Economy·Foreclosures·Freddie Mac·Housing·Mortgage rates·Nancy Braun·National REO Brokers Association Conference·Real Estate Industry·Real Estate Market·short sales Charlotte·Showcase Realty
Speeding up foreclosure proceedings….
July 28th, 2010 · 3 Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, Default Industry REO Conferences, How to Find Foreclosures, In the News, Uncategorized
Fannie Mae and Freddie Mac are beginning to initiate foreclosures at a faster pace. According to a new study from Lender Processing Services (LPS), GSE foreclosure starts have been accelerating and are currently at all-time highs. From May to June, foreclosures initiated by Fannie and Freddie jumped 21 percent. The GSEs’ prime borrowers are performing [...]
Tags:Charlotte foreclosure homes·Charlotte Real Estate Investment·fannie mae·Freddie Mac·Nancy Braun·Short Sale·Showcase Realty
Mortgage Rates Remain Virtually Unchanged, Linger at Historical Lows
June 4th, 2010 · No Comments · Charlotte Real Estate Investment, In the News
Rates are at a historic low, check out the article that DSNews.com recently published about it! “After weeks of continuous declines, mortgage rates remained nearly flat for the week ending June 3, 2010, Freddie Mac and Bankrate reported Thursday. According to Freddie Mac’s Primary Mortgage Market Survey (PMMS), 30-year fixed-rate mortgages averaged 4.79 percent with [...]
