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Stories tagged with: massachusetts
Residential and Land Foreclosures Grow in Rural Massachusetts
http://www.bankownedhome.net/blog/bank-owned-investing/resid...
The number of residential and land foreclosures is increasing in the rural towns of Massachusetts. According to reports, foreclosure rates are climbing higher in towns than in urban areas of the state.
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Tags: land foreclosures, bank owned homes in boston, massachusetts
Are you Looking for Foreclosure Homes?
http://www.cheaphomeslistings.com/articles/foreclosures/you-...
If your economy is low and you are still looking to stay at your favorite destination with your family members then don’t worry, you can think again!
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Tags: foreclosure, mortgage, massachusetts
Bank and HUD Foreclosures Not the Only Factors Depressing Housing
http://www.distressedpropertiessale.com/blog/foreclosure-cri...
The high numbers of bank and HUD foreclosures are not the only elements at play in the decline of Boston's home market. According to analysts, two other factors are pulling the market down.
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Tags: HUD foreclosures, distressed homes in boston, massachusetts
Negative Equity and Repo Houses in Non-Recourse States
http://www.foreclosure-repo-auction.com/blog/repo-homes/nega...
Researchers from the Federal Reserve Bank of Richmond said that underwater homeowners in states that follow non-recourse laws are 20-percent more likely to allow their homes to become repo houses. The amount of borrowers' assets is also a major factor in the decision to default.
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Tags: repo houses, massachusetts, Arizona, alaska, Iowa
Modifying Loans to Avoid Bank REO Properties Not Profitable
http://www.bankforeclosuresinformation.com/massachusetts/mod...
A study released by Massachusetts' Federal Reserve Bank of Boston concluded that lenders are lacking in their efforts to modify loans to help distressed homeowners avoid bank REO properties. This is because lenders would not gain profit from loan modification.
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Tags: Bank REO Properties, foreclosure, massachusetts, obama
Restraining Order on Fraudulent Repo Homes Rescue Services
http://www.foreclosure-repo-auction.com/blog/repo-homes/rest...
An out-of-state fraudulent repo homes rescue service with operation in Massachusetts was slapped with temporary restraining orders. Attorney General Martha Coakley accused this service of collecting unlawful fees from distressed homeowners and delaying loan modification negotiations.
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Massachusetts Jobless Rate Rose as Foreclosed Houses for Sale Fell
http://www.foreclosedpropertiesdata.com/blog/massachusetts/m...
The jobless rate in Massachusetts increased slightly in April to 8 percent from its March level. Meanwhile, efforts by lenders to turn homes into foreclosed houses for sale slowed down.
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Tags: foreclosed houses for sale, foreclosure, massachusetts
Springfield Foreclosures: Allowing Purchase at Various Stage
http://www.foreclosuredatabank.com/foreclosures-blog/article...
The Springfield foreclosures represent an opportunity for buyers to purchase remarkable properties at handsome discounts. Ready home finance at low interest rates serves to facilitate home acquisitions. This is the right time for you to sow in real estate to reap profits after the economy rebounds and real estate prices swing upwards.
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Tags: massachusetts, Springfield foreclosures, foreclosure properti
Goldman Sachs Settles Complaints over Foreclosure Lists
http://www.findforeclosureproperties.com/blog/massachusetts/...
Investment bank Goldman Sachs will spend $60 million in a settlement to resolve complaints by the state of Massachusetts over its contribution to the subprime crisis. The state claimed that the investment bank offered risky loans to unqualified borrowers, ultimately causing long foreclosure lists in the state.
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Massachusetts Repairs Foreclosure Properties for Families
http://www.foreclosurehomesinvesting.com/massachusetts/massa...
Massachusetts Governor Deval Patrick and the nonprofit Citizen’s Housing and Planning Association have launched a statewide program to rehabilitate foreclosure properties and then sell them or rent them out to lower-income families.
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Tags: Massachusetts Foreclosure Properties, massachusetts
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