-
Real Estate News
- Vacation Home Sales Sizzle, Rentals Booking Fast
- EPIC adds Power Brokers Kathleen Felderman and Jonathan Griffiths and …
- Amstar and Allied Realty Break Ground on 332-Unit Central Denver Luxury …
- Businessman Making His Mark In Real Estate Market & Helping Others
- Businessman Making HIs Mark In Real Estate Market & Helping Others
Denver Real Estate Blogger Categories
Denver Real Estate Blogger Pages
Search Denver Real Estate Blogger
Recent Comments
Tag Archives: Scandal
Big Banks Pushed to Outsource Mortgages
In the wake of the financial crisis and still in the midst of the foreclosure mess, the Consumer Financial Protection Bureau announced new rules for mortgage servicers designed to protect borrowers and get them faster, more effective and informative service. … Continue reading
Posted in Denver Real Estate News
Tagged Borrowers, Cfpb, Coo, Delinquency, Delinquent Loans, Financial Crisis, Foreclosure, Informative Service, Midst, Mortgage Bankers Association, Mortgage Banks, Mortgage Delinquencies, Mortgage Markets, Paperwork, Period Of Time, Portfolio Advisors, Scandal, Second Quarter, Strategic Partner, Wingspan
Comments Off
What Recovery? Home Prices May Hit Roadblock Soon
The recent growth in U.S. home prices may hit a roadblock in the coming months, thanks to a new supply of distressed properties hitting the market. Banks are moving more delinquent loans through the pipeline at a faster pace, according … Continue reading
Posted in Denver Real Estate News
Tagged Backlog, Bank Repossessions, Berkshire, Brandon Moore, Delinquent Loans, Distressed Properties, Dubious Distinction, Foreclosure, Lenders, One Million, Paperwork, Pipeline, Realtytrac, Roadblock, Scandal, Second Half, Second Quarter, Settlement Talks, Six Months, U S Home
Comments Off
Huge Spike in Repeat Foreclosures
The pig in the python is suddenly moving. Thousands of foreclosures that were stuck in process due to delays over the so-called “Robo-signing” paperwork scandal are working their way through a revamped banking system and heading toward final bank repossession. … Continue reading
Posted in Denver Real Estate News
Tagged Bank Repossession, Bank Repossessions, Banking System, Borrowers, Bottlenecks, Delinquency, Delinquent Loans, Foreclosure Process, Foreclosure Sales, Foreclosures, Mortgage Foreclosure, Necessary Resolution, Paperwork, Period Of Time, Pig, Pipeline, Processing Services, Python, Scandal, Spike
Comments Off
Robo-Reality: Final Foreclosures Fall as Pipeline Swells
The number of new foreclosures in 2011 dropped nearly 40 percent, according to year-end numbers just released by Lender Processing Services; there is, however, little cause for celebration. The fall is largely due to moratoria and process reviews stemming from … Continue reading
Posted in Denver Real Estate News
Tagged Analytics, Billions, Blecher, California Attorney General, Distressed Homeowners, Foreclosures, Judicial Foreclosure, Kamala Harris, Meaningful Enforcement, Moratoria, Mortgage Delinquency Rates, Multistate Settlement, Paperwork, Pipelines, Processing Services, Roadblock, Scandal, State Attorneys, Swells, Year End
Comments Off
New Foreclosure Wave is Coming
Despite a seasonal slowdown in overall foreclosure activity, and a process still bogged down and backed up by the “robo-signing” processing scandal, the U.S real estate market is about to be hit by another surge of bank repossessions, according to … Continue reading
Posted in Denver Real Estate News
Tagged 12 Months, Backlog, Bank Repossessions, Borrowers, Co Founder, Default Notices, Delinquent Loans, Dubious Honor, Fannie Mae, Foreclosure Auctions, Foreclosure Process, Foreclosure Rates, Pipeline, Realtytrac, Reprieve, S Real Estate, Scandal, Slowdown, Spokeswoman, Waves
Comments Off
Average Foreclosure Time Sets New Record
Foreclosures are setting new records again, this time not in their overall numbers, but in the time it is taking for all of these properties to be processed through the legal system. The average loan in foreclosure has now been … Continue reading
Posted in Denver Real Estate News
Tagged 5 Months, Analytics, Backlog, Bank Repossessions, Discrepancy, Distressed Properties, Existing Home, Foreclosure Sales, Foreclosures, Inventories, Loans, Managing Director, Paperwork, Perpetuity, Processing Services, Processing Times, Scandal, Timelines
Comments Off
Huge Surge in Bank of America Foreclosures
Bank of America is ramping up its foreclosure processing, sending out far more notices of default to borrowers in August than in previous months, well over 200 percent more month-to-month. A notice of default is the first stage of the … Continue reading
Posted in Denver Real Estate News
Tagged Bac, Bank America, Bank Foreclosures, Bank Of America, Borrowers, Delinquent, Driven, Foreclosure Process, Judicial Foreclosures, Loans Mortgage, Mark Hanson, Notice Of Default, Notices Of Default, Pipeline, Scandal, Sheer Volume, Spokesman, Strategist, Timeline
Comments Off
Foreclosure Delays Plague Housing Recovery
Foreclosure activity decreased in April for the seventh straight month, bringing total foreclosure activity to a 40-month low, according to a new report from RealtyTrac. This is not to say that default notices, scheduled auctions and bank repossessions aren’t running … Continue reading
Posted in Denver Real Estate News
Tagged Bank Repossessions, Banks, Ceo, Current Rate, Default Notice, Default Notices, First Quarter, Foreclosure Proceedings, Foreclosure Process, Foreclosures, Households, Initial Default, Losses, Market Saturation, Norms, Paperwork, Realtytrac, Scandal, Slowdown, Tens Of Thousands
Comments Off
Mortgage Delinquencies Turn a Corner
Fewer Americans are falling behind on their mortgage payments; in fact, the fewest in two years. Mortgages just one payment past due (30 days) fell to their lowest level since just before the recession began. Is it delays in paperwork … Continue reading
Posted in Denver Real Estate News
Tagged Brinkmann, Chief Economist, Delinquency Rate, Economy, Fha, Foreclosure, Fourth Quarter, Housing Boom, Insurance, Loans, Mortgage Bankers Association, Mortgage Delinquencies, Mortgage Market, Mortgage Payments, Mortgages, Paperwork Issues, Pipeline, Recession, Scandal, Unemployment Insurance
Comments Off