Foreclosure News and Information
Posts tagged as:
Feb. 19 (Bloomberg) — US Housing and Urban Development Secretary Shaun Donovan talks with Bloomberg’s Peter Cook about President Barack Obama’s foreclosure-prevention initiative. Donovan said the .5 billion initiative targets the housing markets that need it most and additional programs may be created. (Source: Bloomberg)
{ Comments on this entry are closed }
Feb. 11 (Bloomberg) — US foreclosure filings rose 15 percent in January from a year earlier and exceeded 300000 for the 11th consecutive month as modification programs failed to keep delinquent borrowers in their homes, realtytrac Inc. said. Bloomberg's Su Keenan reports. (Source: Bloomberg)
{ Comments on this entry are closed }
There may be some bad news for home loan buyers. State Bank of India is considering to withdraw its 8 % special home and car loan schemes.
{ Comments on this entry are closed }
Jan. 12 (Bloomberg) — Joshua Rosner, managing director at Graham Fisher & Co., talks with Bloomberg’s Lori Rothman about mortgage modification programs. ΒΆ Banks may be forced to resort to a remedy they’ve been trying to avoid, principal reductions, as another wave of foreclosures looms and payments on risky loans rise, Bloomberg BusinessWeek magazine reports in the Jan. 18 issue. (Source: Bloomberg)
{ Comments on this entry are closed }