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Stories tagged with: massachusetts

Residential and Land Foreclosures Grow in Rural Massachusetts
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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. Join discussion...
Submitted by cassy 13 months, 3 days, 5 hours ago
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Are you Looking for Foreclosure Homes?
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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! Join discussion...
Submitted by jessicabrown 15 months, 1 week, 4 days, 4 hours ago
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Bank and HUD Foreclosures Not the Only Factors Depressing Housing
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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. Join discussion...
Submitted by lets03 16 months, 4 days, 9 hours ago
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Negative Equity and Repo Houses in Non-Recourse States
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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. Join discussion...
Submitted by cassy 31 months, 2 weeks, 2 days, 7 hours ago
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Modifying Loans to Avoid Bank REO Properties Not Profitable
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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. Join discussion...
Submitted by lets03 31 months, 3 weeks, 6 hours ago
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Restraining Order on Fraudulent Repo Homes Rescue Services
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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. Join discussion...
Submitted by lets03 32 months, 1 week, 6 days, 6 hours ago
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Massachusetts Jobless Rate Rose as Foreclosed Houses for Sale Fell
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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. Join discussion...
Submitted by cassy 33 months, 5 days, 8 hours ago
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Springfield Foreclosures: Allowing Purchase at Various Stage
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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. Join discussion...
Submitted by jwbanks 33 months, 6 days, 9 hours ago
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Goldman Sachs Settles Complaints over Foreclosure Lists
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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. Join discussion...
Submitted by cassy 33 months, 2 weeks, 4 days, 9 hours ago
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Massachusetts Repairs Foreclosure Properties for Families
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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. Join discussion...
Submitted by cassy 35 months, 1 week, 1 day, 9 hours ago
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