From the daily archives:

Friday, July 24, 2009

A Foreclosure Sale At Freddie Mac – Washington Post

A Foreclosure Sale At Freddie Mac
Washington Post
Freddie Mac just sweetened the deal for people willing to make a home out of one of its foreclosures. Through Oct. 30, Freddie is offering to pay a buyer's

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Is a 30 year fixed rate mortgage loan right for you? What is the advantage of a 30 year fixed rate mortgage? 30 year fixed rate mortgages offer security even if you plan to sell or refinance your home after a few years. Watch this Expert Real Estate Tips segment and learn all the advantages of a 30 year fixed rate mortgage loan. … 30 year fixed rate mortgage loan interest rates refinance home house advantages expert real estate tips victor benoun

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Foreclosure inn: Luxury hotels default – CNNMoney.com

Foreclosure inn: Luxury hotels default
CNNMoney.com
The defaults do not always result in foreclosure or sale of the business; at times, defaults are used tactically to force concessions from lenders.

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BofA to notify borrowers of foreclosure help – Reuters


KFBB NewsChannel 5
BofA to notify borrowers of foreclosure help
Reuters
N) said it has begun notifying Countrywide Financial Corp borrowers that are eligible for foreclosure assistance and plans to begin issuing checks to
Countrywide settlement is $2.7M in Pa.Philadelphia Inquirer
BofA is notifying borrowers who are to get aid under foreclosure Ecommerce Journal
Bank of America Announces Foreclosure Relief Program Notifications…Business Exchange
RealEstateRama -PR Newswire (press release)
all 109 news articles »

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I am going to bid on a house at foreclosure and it has a 1st mortgage of $280K and a second of $70K. The lender on the first two mortgages is Decision One Mortgage. The lender at foreclosure is Countrywide. Does this mean that if I buy this house at foreclosure that I will own additional money to the second mortgage or just the first mortgage and back taxes?

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Miramar East Apartments faces foreclosure – Bizjournals.com

Miramar East Apartments faces foreclosure
Bizjournals.com
Miami-based TotalBank filed a foreclosure action against Miami-based Miramar Park View Apartments and managing member Jose C. Pastor, according to Broward

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