RealityTrac, an independent company that tracks foreclosures in 100 different major cities, released its numbers today and the outlook doesn’t look good.
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Jeffrey Allen Herald, 49 of Phoenix Arizona, was indited on October 19th on two counts of fraud and artifices and one count of theft for providing unlicensed legal and mortgage services.
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Lawrence Yun, senior economist for the National Association of Realtors, predicts home sales will turn around in early 2008. She states this is due to more favorable conditions in the current mortgage market.
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Margie Fisher is branch management loan officer for Republic Mortgage Home Loans and owner of B4Closure of Tyler, Texas.
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Dallas is one of the few cities in the nation where home prices are still rising slightly, according to a national survey released Tuesday.
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A San Diego mortgage lender is closing its offices as part of substantial cuts to its work force in the wake of the credit market crises.
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Foreclosures have been surging for five years in the North Texas housing market, and almost nobody cared. Now, though, the problem is part of a global financial crisis.
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One of the nation’s largest mortgage lenders, Houston-based Aegis Mortgage Corp., stopped taking new loans Monday, amid a day of news that signaled tougher days ahead for lenders and buyers.
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For the last two years, the Austin housing market has been one of the country’s hottest. But analysts say that is changing.
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Home sales in the Houston housing market continued to decline in June. The number of single-family homes sold during the month was 7,154, 6.9 percent fewer than a year earlier.
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