Will a short sale hurt my credit score?

When I meet with homeowners who are struggling with their mortgage are maybe behind on payments and have no equity in their home, ... get this question - “Will a short sale hurt my credit score? And if so, by how much?” I have been doing ... or foreclosure on one’s credit report. I recently came across some great information provided by a mortgage [more...]

Date: 2009-01-15 20:14:24

Blog posts (12) | Videos (15)
 

Becoming a Subprime Society

From MarketWatch: Foreclosures could top 8 million: ... to a recent report. Credit Suisse’s fixed-income research team forecast that 8.1 million mortgages ... Credit Suisse More than 8 million mortgages could go into foreclosure in coming years in the wake [more...]

Date: 2008-12-10 11:35:04

MortgageNewsClips: CA Foreclosure Predicts, FDIC- Show Me the Money, John Burns, Kohn Speech, Finger Length and Testerone, Contra Trend, Jody Shenn, Toro Chart Series, Bottom is Near, 3.5 is Possible, Positive Traction, 3 more, IRA Has 4

   clear explanation and good charts - Mr. Mortgage: Dec CA Foreclosure Report - Defaults up 100% - December CA Mortgage Defaults Up 100 ...     yahoo-news 1.  Study Cites Early Testosterone Exposure -  In addition to subprime mortgages, credit [more...]

Date: 2009-01-15 00:56:39

December California Defaults up 100%

Mr Mortgage is a 20-year mortgage banking veteran, specializing in wholesale and correspondent sales and sales/operations management and bringing ... housing, mortgage and credit meltdown’ and company-specific events. He owns and is the primary ... to the Truth located at http://mrmortgage.ml-implode.com ~~~~ Mr. Mortgage: Dec CA Foreclosure Report [more...]

Date: 2009-01-16 17:15:46

I Need Help … My Mortgage is Upside Down

Every homeowner struggling with their payments is making the decision of maintaining increased payments or face foreclosure ... . Your still alive right?When was the last time you reviewed your credit report?  Well then you clearly must ... . The latter has a high risk of derogatory credit and foreclosure. So the burning question [more...]

Date: 2009-01-14 10:08:59

Bankruptcy reform *now*!

David Sirota:Back in December, I published a newspaper column looking at a little-noticed Federal Reserve Bank report showing that the Bankruptcy ... facing foreclosure or otherwise delinquent on their payments. Credit Suisse now estimates that 8.1 ... into delinquency within six months.Voluntary mortgage modifications do not work in part because many [more...]

Date: 2009-01-12 20:35:29

Home Sales and Prices Drop in October

From Bloomberg: U.S. Economy: Home Sales Fall, Record Drop in Prices Home resales in the U.S ... by the credit squeeze and record mortgage foreclosures. That may raise pressure on President-elect Barack ... forecast, a National Association of Realtors report showed in Washington. The median price fell 11.3 [more...]

Date: 2008-11-24 21:53:39

"60 Minutes" Report: So Many More Foreclosures Coming

Back in August, the New York Times ran a story about a second wave of foreclosures that is going to hit, ... and then reset years later). The above chart, put together by the investment bank of Credit Suisse and featured on last night's "60 Minutes'" report, shows when the resets on these exotic mortgages [more...]

Date: 2008-12-15 19:12:36

Foreclosures Skyrocketed in 2008

Foreclosures Skyrocketed in 2008 US home foreclosures rose an astonishing 81% in 2008. Not surprising given the fact that the credit crunch and mortgage crash were the two main ... , chief executive officer of RealtyTrac, said in the report. Foreclosure activity did slow [more...]

Date: 2009-01-15 14:02:20

Update: who is going into foreclosure?

How do we help people in foreclosure? Or, is the question still, do we help people in foreclosure ... delinquent again within 10 months, according to a Credit Suisse report. A couple of disturbing numbers ... has proved hard to fix: Falling home prices: More than 23 percent of home owners with a mortgage owe [more...]

Date: 2008-10-30 13:41:47

Ditched And Left To Rot In Florida

The Tampa Tribune reports from Florida. “Ernie Harpster fell behind on his mortgage payments last year. The lender filed a foreclosure lawsuit ... payment meant I didn’t have to file for bankruptcy because I could pay other bills, like credit cards [more...]

Date: 2008-10-05 14:26:40

Foreclosure

A mortgage is a contract loan a person takes out to purchase their home, and is one of the most significant trade lines on a credit report ... is reported incorrectly on your credit report it would be best to dispute it to have it removed ... ? If there is any information on your credit report that is inaccurate or incorrect, you can dispute [more...]

Date: 2008-12-16 04:30:23

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