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Tag Archives: banks

Short Sales Start to Outpace Foreclosures

by on April 20, 2012 in Tips Comments { 0 }

Banks are agreeing to more short sales, and for the first time,  short sale transactions are exceeding foreclosure deals, according to the most recent housing data from Lender...

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Large Banks Chip Away at Commercial Real Estate Debt

by on March 23, 2012 in Tips Comments { 0 }

Large banks have made big strides in the last three years in selling and modifying their bad loans stemming from sour commercial real estate deals and now are even starting to pick up...

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Banks, Gov’t Near Deal on Foreclosure Settlement

by on January 20, 2012 in Tips Comments { 0 }

Up to 1 million at-risk, underwater borrowers may be eligible for a reduction on their mortgage principal, if a settlement between big banks and government officials gets the final...

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Banks, GSEs Spend More Money to Spruce Up REOs

by on December 16, 2011 in Tips Comments { 0 }

Foreclosed homes continue to hamper nearby property values. ...

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Defaults Soar 33%, Biggest Monthly Gain in 4 Years

by on September 16, 2011 in Tips Comments { 0 }

A new wave of foreclosures hit in August, as banks picked up the pace in taking action against home owners who have fallen behind on their mortgage payments, RealtyTrac Inc. reported...

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Banks’ Portfolios Still Plagued by Bad Loans

by on July 1, 2011 in Tips Comments { 0 }

Nearly 20 percent of mortgages in banks’ portfolios were delinquent at the end of March, according to a report released this week by the Office of the Comptroller of the Currency, a...

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