Posts Tagged ‘improve’

Banks may finally improve foreclosure practices – CNN

The Star-Ledger – NJ.com (blog) Banks may finally improve foreclosure practicesCNNBy Tami Luhby @CNNMoney February 10, 2012: 5:19 AM ET NEW YORK (CNNMoney) — After five years and four million foreclosures, the nation is now one big step closer to a national mortgage servicing standard. The country's largest mortgage servicers will …Landmark foreclosure settlement a [...]

Performance of U.S. mortgages improve slightly: study – Reuters

Performance of U.S. mortgages improve slightly: studyReutersHowever, first-time foreclosure filings on the loans decreased 8.0 percent from the first quarter to 287145, the report said. Regulators caution foreclosures remain high by historical standards. Loans are being modified by servicers to make them more …New US mortgage delinquencies surgeFinancial TimesOne in Five Modified Loans Default Again, [...]

Many homeowners post-foreclosure maintain or improve living situation – Sun-Sentinel

Many homeowners post-foreclosure maintain or improve living situationSun-SentinelHomeowners in foreclosure are increasingly plotting a graceful landing that leaves them not in dire straits following an eviction, but with the same or even better living standards than before they defaulted. …and more » View full post on foreclosures – Google News

Banks Rush to Improve Foreclosure Practices – Wall Street Journal

Banks Rush to Improve Foreclosure PracticesWall Street JournalIt will be a daunting, expensive chore despite the work done since the foreclosure mess erupted last fall. JP Morgan Chase & Co. said it would take a $1.1 billion charge related to the consent order and other servicing-cost increases. …and more » View full post on foreclosures – [...]

Region’s housing market won’t improve in 2011, experts say – Washington Examiner

Globe and Mail Region's housing market won't improve in 2011, experts sayWashington ExaminerBut Joanne Darling, president of the Prince George's County Association of Realtors, said while her area is "not out of the woods with foreclosures," …Foreclosure: A Sound Financial Option For US Homeowners?Forbes (blog)Michigan foreclosures projected to continueThe Detroit NewsExperts: Foreclosures May Hit All [...]