Current News and Opinion

How Real Mortgage Fraud Causes Foreclosures By Peter G. Miller, Contributing Writer September 4, 2012 Mortgage fraud is on the rise and that’s a trend which should thrill no one. Lose Your Home, Lease it Back from the Bank By Daren Blomquist, RealtyTrac Vice President September 4, 2012 Banks are getting more creative in their quest to avoid the f-word. Foreclosure Sales Down, Prices Up in Second Quarter By Joel Cone, Staff Writer August 30, 2012 The total number of homes in some stage of the foreclosure process (pre-foreclosure) and bank-owned homes (REOs) that sold during the second quarter of 2012 was down from the previous quarter. Top Football Towns for Foreclosure Deals By Joel Cone, Staff Writer August 30, 2012 It’s September, and as Hank Williams Jr. used to ask on the intro to ABC’s Monday night broadcast, “Are you ready for some football?” Sacramento Area Officials Look at Eminent Domain to Aid Homeowners By Octavio Nuiry, Staff Writer August 29, 2012 Government officials in Sacramento and Elk Grove are giving a good look at the possible use of eminent domain as a way of helping out struggling homeowners who are still making their mortgage payments despite being underwater on their loans. Oregon Appellate Court Rules Against Banks, MERS By Octavio Nuiry, Staff Writer August 29, 2012 The Oregon Court of Appeals struck a blow to the mortgage industry, ruling that lenders using an electronic system to rapidly package and sell mortgages must go through the courts to begin foreclosure filings. Bush Era Tax Cuts Set to End in 2012 By Octavio Nuiry, Staff Writer August 28, 2012 The so-called Bush tax cuts are scheduled to expire at the end of this year. Unless Congress takes action and the president (whoever that is) goes along , rates will go up for every taxpayer. FHA to Sell Troubled Loans in Bulk By Octavio Nuiry, Staff Writer August 28, 2012 The Federal Housing Administration is expanding a program to sell the loans in bulk to investors. Why Short Sales Are Likely To Get Faster By Peter G. Miller, Guest Columnist August 28, 2012 If you think that short sales take a long time and seem to fall through with great regularity you're not daydreaming. The good news is that faster closings and more approvals seem likely. Foreclosure Cease Fire Could Be Ending in Maryland By Daren Blomquist, RealtyTrac Vice President August 28, 2012 Maryland foreclosure activity dropped off a cliff in the fourth quarter of 2010 but there are now signs of a coming surge in Maryland foreclosure activity before the end of the year. Print Email

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