Current News and Opinion

$194M Multi-State Portfolio Faces Foreclosure By Joel Cone, Staff Writer March 22, 2013 Six years after agreeing to lend $193,864,853.00 on 20 multi-family apartment complexes throughout the South, lender Column Financial, Inc., has initiated foreclosure proceedings against the portfolio. Foreclosures & Short Sales: It's Still A Buyer's Market By Peter G. Miller, Contributor March 21, 2013 We have a marketplace which is in transition, where home prices are generally rising and where foreclosures and short sales remain available at discount prices, not possible with limited inventory. Is It Time To Replace Fannie Mae and Freddie Mac? By Peter Miller, Contributor March 14, 2013 An old idea with new make-up is floating around Washington, an effort to once again shut down Fannie Mae and Freddie Mac and shift mortgage dollars into private pockets, this time under the guise of bi-partisanship. U.S. Bank Repossessions Drop to 65-Month Low in February as Foreclosure Starts Rebound 10 Percent From January By RealtyTrac Staff March 12, 2013 Foreclosure filings were reported on 154,281 U.S. properties in February, an increase of 2 percent from the previous month but still down 25 percent from February 2012. Striking Foreclosure Gold in the Gateway City By Octavio Nuiry, Senior Staff Writer March 7, 2013 In the February issue of the Foreclosure News Report, we take our readers on a tour of the Gateway City. Monitor: Progress Being Made on Settlement By Joel Cone, Staff Writer March 7, 2013 It has been over a year since the National Mortgage Settlement was finalized to end the crisis over robo-signing, dual tracking and other illicit foreclosure practices. Better to Buy Bank Owned or Short Sale? By RealtyTrac Staff March 6, 2013 Short sales are on the rise as a better alternative to foreclosure in many areas. But buying from the bank may still be a better option in other markets because of a rebound in REO inventory. Do We Still Need Real Estate Brokers? By Peter Miller, Contributor March 5, 2013 Last week the newspaper reader sent me a letter wanting to know how to complete a real estate transaction. So far, they said, they had found the house and agreed to a price. Shifting Gears: Is It Time to Buy Notes Instead By Joel Cone, Staff Writer March 4, 2013 It’s been a good run for real estate investors over the past five years. Single Family REITs: A New Definition of Homeownership By Greg Rand, CEO, OwnAmerica March 1, 2013 The most significant innovation to hit the residential real estate in decades occurred in 2012. A first single family REIT (real estate investment trust) went public. Print Email

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