Daily Archives: November 5, 2010

Foreclosures Slowed by Investigations — New York Real Estate

Foreclosures Slowed by Investigations by John Tayeb on November 4, 2010 Foreclosure proceedings have slowed nationwide as both state and federal investigations force banks to retool their procedures and home owners to hire lawyers to challenge foreclosure actions. Foreclosure marketing … Continue reading

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Consumers Put Credit Card Debt Ahead of Mortgage — New York Real Estate

Consumers Put Credit Card Debt Ahead of Mortgage by Raja Tayeb on November 4, 2010 A panel on consumer debt at the Mortgage Bankers Association’s annual convention discussed the changing mentality that has resulted in credit cards being paid before … Continue reading

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Homeownership Stays Below 67% — New York Real Estate

Homeownership Stays Below 67% by John Tayeb on November 3, 2010 The percentage of U.S. households that owned their homes remained at 66.9 percent in the third quarter, unchanged from the second quarter, the Census Bureau said Tuesday. The homeownership … Continue reading

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Mortgage Purchases Rise — New York Real Estate

Mortgage Purchases Rise by Raja Tayeb on November 3, 2010 Applications to purchase homes rose 1.4 percent last week compared to the previous week on a seasonally adjusted basis, according to the Mortgage Bankers Association weekly survey. On an unadjusted … Continue reading

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