Archive for June, 2006

Thursday, June 29th, 2006

Rethinking Foreclosure Lending Leads (PR Web)
Subprime Foreclosure applicants now have a legal alternative to foreclosure that does not require any new loans or credit checks. Referral program assures subprime professionals future business from dedicated clients. (PRWEB Jun 28, 2006)

ForeclosuresNH.com Reports a 37% Increase in Foreclosure Listings (PR Web)
ForeclosuresNH.com, NH's primary foreclosure notification service has recorded the largest number of foreclosure listings in a single month with 296 in June, a 37% increase from last month. (PRWEB Jun 29, 2006) Trackback URI: http://www.prweb.com/zingpr.php/Q3Jhcy1Ib3JyLUNyYXMtQ291cC1JbnNlLVplcm8=

ForeclosuresNH.com Reports a 37% Increase in Foreclosure Listings (PR Web via Yahoo! News)
Nashua, NH (PRWEB) June 29, 2006 - ForeclosuresNH.

Kentucky foreclosure rates continue to drop (Business First of Louisville)
Kentucky remains outside of the top 50 percent of states when its comes to the dubious topic of housing foreclosure rates, one market watcher reports.

Foreclosure rates still high in Duval, up in state, U.S. (The Business Journal of Jacksonville)
National foreclosures increased less than 2 percent from April to May 2006, but are up 28 percent from May 2005, according to the RealtyTrac U.S. Foreclosure Market Report.

For Sale (The Kentucky Kernel)
$500! POLICE IMPOUNDS! Cars from $500! For Listings 800-749-8116 x-r214 3BR FORECLOSURE! Only $12,000! Must sell! For Listings 800-749-8124 x-f798 FOR SALE, OBO $500 Black Honda Prelude Si, 1990. Needs alternator, some body damage. Newer parts. Call Mike or Erin 859-948-8570.

Foreclosure filings on Florida homes leap (The Palm Beach Post)
Florida foreclosure filings jumped by 6 percent from April to May, according to a study by RealtyTrac Inc., an online data concern. That’s one new filing for every 821 Florida households.

Ohio foreclosure rates continues to ease, report says (Dayton Business Journal)
Ohio remains outside the top 10 states when its comes to the dubious topic of housing foreclosure rates, one market watcher reported Monday.

Florida, U.S. foreclosure rates up (bizjournals.com via Yahoo! Finance)
National foreclosures increased less than 2 percent from April to May 2006, but are up 28 percent from May 2005, says RealtyTrac U.S. Foreclosure Market Report.

Bay Area foreclosure rates below average (Inside Bay Area)
WHILE FORECLOSURE rates are starting to edge up in the Bay Area and San Joaquin County from a year ago, they are still way below average levels.

Thursday, June 29th, 2006

Foreclosure rates still high in Duval, up in state, U.S. (The Business Journal of Jacksonville)
National foreclosures increased less than 2 percent from April to May 2006, but are up 28 percent from May 2005, according to the RealtyTrac U.S. Foreclosure Market Report.

Foreclosure filings on Florida homes leap (The Palm Beach Post)
Florida foreclosure filings jumped by 6 percent from April to May, according to a study by RealtyTrac Inc., an online data concern. That’s one new filing for every 821 Florida households.

Rethinking Foreclosure Lending Leads (PR Web)
Subprime Foreclosure applicants now have a legal alternative to foreclosure that does not require any new loans or credit checks. Referral program assures subprime professionals future business from dedicated clients. (PRWEB Jun 28, 2006)

Bay Area foreclosure rates below average (Inside Bay Area)
WHILE FORECLOSURE rates are starting to edge up in the Bay Area and San Joaquin County from a year ago, they are still way below average levels.

ForeclosuresNH.com Reports a 37% Increase in Foreclosure Listings (PR Web via Yahoo! News)
Nashua, NH (PRWEB) June 29, 2006 - ForeclosuresNH.

For Sale (The Kentucky Kernel)
$500! POLICE IMPOUNDS! Cars from $500! For Listings 800-749-8116 x-r214 3BR FORECLOSURE! Only $12,000! Must sell! For Listings 800-749-8124 x-f798 FOR SALE, OBO $500 Black Honda Prelude Si, 1990. Needs alternator, some body damage. Newer parts. Call Mike or Erin 859-948-8570.

Ohio foreclosure rates continues to ease, report says (Dayton Business Journal)
Ohio remains outside the top 10 states when its comes to the dubious topic of housing foreclosure rates, one market watcher reported Monday.

Kentucky foreclosure rates continue to drop (Business First of Louisville)
Kentucky remains outside of the top 50 percent of states when its comes to the dubious topic of housing foreclosure rates, one market watcher reports.

Florida, U.S. foreclosure rates up (bizjournals.com via Yahoo! Finance)
National foreclosures increased less than 2 percent from April to May 2006, but are up 28 percent from May 2005, says RealtyTrac U.S. Foreclosure Market Report.

ForeclosuresNH.com Reports a 37% Increase in Foreclosure Listings (PR Web)
ForeclosuresNH.com, NH's primary foreclosure notification service has recorded the largest number of foreclosure listings in a single month with 296 in June, a 37% increase from last month. (PRWEB Jun 29, 2006) Trackback URI: http://www.prweb.com/zingpr.php/Q3Jhcy1Ib3JyLUNyYXMtQ291cC1JbnNlLVplcm8=

Thursday, June 29th, 2006

Rethinking Foreclosure Lending Leads (PR Web)
Subprime Foreclosure applicants now have a legal alternative to foreclosure that does not require any new loans or credit checks. Referral program assures subprime professionals future business from dedicated clients. (PRWEB Jun 28, 2006)

Foreclosure filings on Florida homes leap (The Palm Beach Post)
Florida foreclosure filings jumped by 6 percent from April to May, according to a study by RealtyTrac Inc., an online data concern. That’s one new filing for every 821 Florida households.

For Sale (The Kentucky Kernel)
$500! POLICE IMPOUNDS! Cars from $500! For Listings 800-749-8116 x-r214 3BR FORECLOSURE! Only $12,000! Must sell! For Listings 800-749-8124 x-f798 FOR SALE, OBO $500 Black Honda Prelude Si, 1990. Needs alternator, some body damage. Newer parts. Call Mike or Erin 859-948-8570.

Florida, U.S. foreclosure rates up (bizjournals.com via Yahoo! Finance)
National foreclosures increased less than 2 percent from April to May 2006, but are up 28 percent from May 2005, says RealtyTrac U.S. Foreclosure Market Report.

ForeclosuresNH.com Reports a 37% Increase in Foreclosure Listings (PR Web via Yahoo! News)
Nashua, NH (PRWEB) June 29, 2006 - ForeclosuresNH.

Ohio foreclosure rates continues to ease, report says (Dayton Business Journal)
Ohio remains outside the top 10 states when its comes to the dubious topic of housing foreclosure rates, one market watcher reported Monday.

Kentucky foreclosure rates continue to drop (Business First of Louisville)
Kentucky remains outside of the top 50 percent of states when its comes to the dubious topic of housing foreclosure rates, one market watcher reports.

Foreclosure rates still high in Duval, up in state, U.S. (The Business Journal of Jacksonville)
National foreclosures increased less than 2 percent from April to May 2006, but are up 28 percent from May 2005, according to the RealtyTrac U.S. Foreclosure Market Report.

Thursday, June 29th, 2006

Foreclosure filings on Florida homes leap (The Palm Beach Post)
Florida foreclosure filings jumped by 6 percent from April to May, according to a study by RealtyTrac Inc., an online data concern. That’s one new filing for every 821 Florida households.

Kentucky foreclosure rates continue to drop (Business First of Louisville)
Kentucky remains outside of the top 50 percent of states when its comes to the dubious topic of housing foreclosure rates, one market watcher reports.

Rethinking Foreclosure Lending Leads (PR Web)
Subprime Foreclosure applicants now have a legal alternative to foreclosure that does not require any new loans or credit checks. Referral program assures subprime professionals future business from dedicated clients. (PRWEB Jun 28, 2006)

For Sale (The Kentucky Kernel)
$500! POLICE IMPOUNDS! Cars from $500! For Listings 800-749-8116 x-r214 3BR FORECLOSURE! Only $12,000! Must sell! For Listings 800-749-8124 x-f798 FOR SALE, OBO $500 Black Honda Prelude Si, 1990. Needs alternator, some body damage. Newer parts. Call Mike or Erin 859-948-8570.

Bay Area foreclosure rates below average (Inside Bay Area)
WHILE FORECLOSURE rates are starting to edge up in the Bay Area and San Joaquin County from a year ago, they are still way below average levels.

Foreclosure rates still high in Duval, up in state, U.S. (The Business Journal of Jacksonville)
National foreclosures increased less than 2 percent from April to May 2006, but are up 28 percent from May 2005, according to the RealtyTrac U.S. Foreclosure Market Report.

Ohio foreclosure rates continues to ease, report says (Dayton Business Journal)
Ohio remains outside the top 10 states when its comes to the dubious topic of housing foreclosure rates, one market watcher reported Monday.

Thursday, June 29th, 2006

Florida, U.S. foreclosure rates up (bizjournals.com via Yahoo! Finance)
National foreclosures increased less than 2 percent from April to May 2006, but are up 28 percent from May 2005, says RealtyTrac U.S. Foreclosure Market Report.

Ohio foreclosure rates continues to ease, report says (Dayton Business Journal)
Ohio remains outside the top 10 states when its comes to the dubious topic of housing foreclosure rates, one market watcher reported Monday.

Rethinking Foreclosure Lending Leads (PR Web)
Subprime Foreclosure applicants now have a legal alternative to foreclosure that does not require any new loans or credit checks. Referral program assures subprime professionals future business from dedicated clients. (PRWEB Jun 28, 2006)

Bay Area foreclosure rates below average (Inside Bay Area)
WHILE FORECLOSURE rates are starting to edge up in the Bay Area and San Joaquin County from a year ago, they are still way below average levels.

For Sale (The Kentucky Kernel)
$500! POLICE IMPOUNDS! Cars from $500! For Listings 800-749-8116 x-r214 3BR FORECLOSURE! Only $12,000! Must sell! For Listings 800-749-8124 x-f798 FOR SALE, OBO $500 Black Honda Prelude Si, 1990. Needs alternator, some body damage. Newer parts. Call Mike or Erin 859-948-8570.

Tuesday, June 20th, 2006

Q&A on foreclosure and adjustable-rate mortgages (The Clarion-Ledger)
Q. What is foreclosure? A. A foreclosure occurs when the mortgage lender reclaims the title and rights to a house or property because the borrower is unable to pay the monthly mortgage obligation. The lender may sell the foreclosed property to satisfy the debt.

Mortgage delinquency rate drops (San Jose Mercury News)
The strength of the economy and the job market helped residential delinquency and foreclosure rates decrease during the first quarter of 2006, according to the Mortgage Bankers Association’s quarterly survey, released Monday.

Teaching homeowners how to avoid foreclosure (KHOU)
Recent figures show foreclosure listings in Harris County increased from 345 in May to 533 for June. Now there’s a push to help homeowners avoid losing their homes to foreclosure.

Does foreclosure market show real estate is heading for a meltdown? (Daily Breeze)
Professional investors and others who look for homes in foreclosure to buy are having a harder time finding good deals.

Mortgage workshop planned Wednesday (The News Journal)
A mortgage workshop will be held from 6 to 8 p.m. Wednesday at the Bear Library, 101 Governors Place. The workshop will offer instruction on how to understand your credit report, shop for a mortgage and, how to keep your mortgage current and prevent the loss of your home to foreclosure, state Deputy Bank Commissioner Gerry Kelly said. The event is free and open to the public. Dinner will be

Boca firm stays on top of fast paced foreclosure market (Boca Raton News)
It’s a “buyer’s market” nationwide in residential properties, says Boca Raton based Foreclosure.com President and CEO Brad Brad Geisen.

60 to get foreclosure notices (Honolulu Advertiser)
Honolulu is giving notice to 60 of its worst building and zoning code violators that they could lose their property to foreclosure.

Utah foreclosures dive (Deseret Morning News)
Utah’s mortgage foreclosure rate has dropped to its lowest point in nearly seven years, and 26 other states now post higher rates than Utah, according to a new report.

State high in troubled loans (Denver Post)
Colorado ranked seventh among states for the percentage of home loans that started the foreclosure process during the first quarter of the year, according to a study released Monday by the Mortgage Bankers Association. The percentage of Colorado home loans that entered the foreclosure process was 0.62 percent. That equates to 5,795 loans that entered foreclosure out of 934,699 loans serviced.

Tuesday, June 20th, 2006

Boca firm stays on top of fast paced foreclosure market (Boca Raton News)
It’s a “buyer’s market” nationwide in residential properties, says Boca Raton based Foreclosure.com President and CEO Brad Brad Geisen.

Mortgage delinquency rate drops (San Jose Mercury News)
The strength of the economy and the job market helped residential delinquency and foreclosure rates decrease during the first quarter of 2006, according to the Mortgage Bankers Association’s quarterly survey, released Monday.

Mortgage workshop planned Wednesday (The News Journal)
A mortgage workshop will be held from 6 to 8 p.m. Wednesday at the Bear Library, 101 Governors Place. The workshop will offer instruction on how to understand your credit report, shop for a mortgage and, how to keep your mortgage current and prevent the loss of your home to foreclosure, state Deputy Bank Commissioner Gerry Kelly said. The event is free and open to the public. Dinner will be

State high in troubled loans (Denver Post)
Colorado ranked seventh among states for the percentage of home loans that started the foreclosure process during the first quarter of the year, according to a study released Monday by the Mortgage Bankers Association. The percentage of Colorado home loans that entered the foreclosure process was 0.62 percent. That equates to 5,795 loans that entered foreclosure out of 934,699 loans serviced.

60 to get foreclosure notices (Honolulu Advertiser)
Honolulu is giving notice to 60 of its worst building and zoning code violators that they could lose their property to foreclosure.

Foreclosure fear rising from ARMs (Miami Herald)
NEW YORK - In 2003, Anita Britten refinanced her two-story brick cottage in Lithonia, Ga., using a hybrid adjustable-rate mortgage, or ARM. Her lender reassured her that she could refinance out of the riskier loan into a traditional one when her interest rate started to reset.

Does foreclosure market show real estate is heading for a meltdown? (Daily Breeze)
Professional investors and others who look for homes in foreclosure to buy are having a harder time finding good deals.

Q&A on foreclosure and adjustable-rate mortgages (The Clarion-Ledger)
Q. What is foreclosure? A. A foreclosure occurs when the mortgage lender reclaims the title and rights to a house or property because the borrower is unable to pay the monthly mortgage obligation. The lender may sell the foreclosed property to satisfy the debt.

Utah foreclosures dive (Deseret Morning News)
Utah’s mortgage foreclosure rate has dropped to its lowest point in nearly seven years, and 26 other states now post higher rates than Utah, according to a new report.

Tuesday, June 20th, 2006

Mortgage workshop planned Wednesday (The News Journal)
A mortgage workshop will be held from 6 to 8 p.m. Wednesday at the Bear Library, 101 Governors Place. The workshop will offer instruction on how to understand your credit report, shop for a mortgage and, how to keep your mortgage current and prevent the loss of your home to foreclosure, state Deputy Bank Commissioner Gerry Kelly said. The event is free and open to the public. Dinner will be

Foreclosure fear rising from ARMs (Miami Herald)
NEW YORK - In 2003, Anita Britten refinanced her two-story brick cottage in Lithonia, Ga., using a hybrid adjustable-rate mortgage, or ARM. Her lender reassured her that she could refinance out of the riskier loan into a traditional one when her interest rate started to reset.

Utah foreclosures dive (Deseret Morning News)
Utah’s mortgage foreclosure rate has dropped to its lowest point in nearly seven years, and 26 other states now post higher rates than Utah, according to a new report.

Teaching homeowners how to avoid foreclosure (KHOU)
Recent figures show foreclosure listings in Harris County increased from 345 in May to 533 for June. Now there’s a push to help homeowners avoid losing their homes to foreclosure.

Boca firm stays on top of fast paced foreclosure market (Boca Raton News)
It’s a “buyer’s market” nationwide in residential properties, says Boca Raton based Foreclosure.com President and CEO Brad Brad Geisen.

Q&A on foreclosure and adjustable-rate mortgages (The Clarion-Ledger)
Q. What is foreclosure? A. A foreclosure occurs when the mortgage lender reclaims the title and rights to a house or property because the borrower is unable to pay the monthly mortgage obligation. The lender may sell the foreclosed property to satisfy the debt.

Friday, June 16th, 2006

Buyer’s Market Exists in Residential Real Estate Market According to May Data from Foreclosure.com (PR Newswire via Yahoo! Finance)
A one-month increase of 3,859 residential foreclosures nationwide tracked by Foreclosure.com confirms the existence of a buyer’s market in the residential real estate sector, the company announced today.

Ohio Leads the Country in Foreclosure Rates (Youngstown Daily Business Journal)
Jun 16, 2006 7:22 a.m. WASHINGTON, D.C. — Predatory lenders preying on low-income Ohioans force more homeowners into foreclosure than anywhere else in the country and Congresswoman Stephanie Tubbs Jones wants to change that.

2,700 homes posted for foreclosure (Dallas Morning News)
With mortgage rates inching up and consumer expenses soaring, most analysts weren’t looking for a decline in local home foreclosures.

HAMMERMILL PROPERTY MAY BE HEADED TO FORECLOSURE (Palladium Times)
St. Louis developer Eric Spirtas is facing foreclosure within a few months if he doesn’t pay more than $100,000 in back taxes on his Hammermill property to the city and county of Oswego.

Foreclosure help just a call away (Akron Beacon Journal)
More than 1,500 Ohioans facing foreclosure called a new statewide hot line in its first six weeks of existence, according to the agency sponsoring the new counseling service.

Entertainment briefly (The Daily Texan)
Saved by the Shirts Dustin Diamond, better known as Screech from “Saved by the Bell,” is selling shirts with his picture and the words “save my house” for charity, but not in the way you expect. After receiving a foreclosure order on his Port Washington, Wis.

Plant sale today (East Liverpool Review)
WELLSVILLE - The sale of the Sterling China Co. real property is to be held today at noon at the plant. This is the second foreclosure sale on the building.

Springs near top in foreclosure rate (The Pueblo Chieftain)
COLORADO SPRINGS, Colo. - The home foreclosure rate in Colorado Springs was the 13th highest in 100 metropolitan cities nationwide during the first quarter, with one for every 155 households, according the RealtyTrac research service. Despite the surge, foreclosed homes represented only about 5 percent of the total inventory of homes for sale last month, according to the public trustee s

Friday, June 16th, 2006

2,700 homes posted for foreclosure (Dallas Morning News)
With mortgage rates inching up and consumer expenses soaring, most analysts weren’t looking for a decline in local home foreclosures.

Colorado Springs foreclosure rate is 13th in U.S. (The Fort Collins Coloradoan)
COLORADO SPRINGS - The home foreclosure rate in Colorado Springs was the 13th highest in 100 metropolitan cities nationwide during the first quarter, with one for every 155 households, according the RealtyTrac research service.

Ohio Leads the Country in Foreclosure Rates (Youngstown Daily Business Journal)
Jun 16, 2006 7:22 a.m. WASHINGTON, D.C. — Predatory lenders preying on low-income Ohioans force more homeowners into foreclosure than anywhere else in the country and Congresswoman Stephanie Tubbs Jones wants to change that.

Springs near top in foreclosure rate (The Pueblo Chieftain)
COLORADO SPRINGS, Colo. - The home foreclosure rate in Colorado Springs was the 13th highest in 100 metropolitan cities nationwide during the first quarter, with one for every 155 households, according the RealtyTrac research service. Despite the surge, foreclosed homes represented only about 5 percent of the total inventory of homes for sale last month, according to the public trustee s

Desperate Homeowners Facing Foreclosure Offered Free Course, How to Stop Foreclosure (PR Web)
More and more desperate homeowners are caught between a rock and a hard place. Rising interest rates and higher payments on adjustable rate mortgages, are making it impossible to pay their mortgages. Unfortunately, the slowdown in the housing market is making it impossible for them to quickly dump their burdens, forcing many into foreclosure. Now, Save Your DFW Home, of Dallas, TX, a licensee of