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US Real Estate
Foreclosure Activity Up Last Month but Down Year on Year
By
Allison Halliday
| September 16, 2014
International
,
Real Estate
,
US Real Estate
UK Housing Minister Announces £20 Million Fund to Help Prevent Repossessions
By
Allison Halliday
| February 13, 2012
The UK Housing Minister, Grant Shapps, has announced there will be a new £20 million Preventing Repossessions fund to help homeowners in danger of being repossessed, something which will enable local councils to offer interest-free loans to homeowners.
Real Estate
,
US Real Estate
Foreclosure Rates Down in 2011, says RealtyTrac
By
Mike Wheatley
| January 16, 2012
The number of foreclosures filed last year dropped by almost 33%, falling to the lowest level in four years, according to new data from RealtyTrac. Throughout 2011, one out of every 69 homes were foreclosed on, while lenders repossessed a total of 804,000 homes – compared to last year’s total of 1.05 million homes being repossessed, when the foreclosure crisis was at its peak.
Mortgage
,
Real Estate
,
Residential
,
US Real Estate
Report Shows One Million Foreclosures To Be Delayed Until 2012
By
Mike Wheatley
| July 15, 2011
A new report from RealtyTrac suggests that around one million foreclosure notices expected to be filed by mortgage lenders in 2011 will be delayed until the following year – a boon for homeowners who will gain extra time to catch up with their mortgage repayments and avoid losing their homes. However, it might not […]
Real Estate
,
US Real Estate
,
World Real Estate
UK facing sharp rise in house repossessions
By
Allison Halliday
| June 29, 2011
According to Richard Banks, CEO of UK Asset Resolution, the country is facing a sharp rise in repossessions once interest rates begin to rise. UK Asset Resolution is the state company which was set up to manage the £80 billion of mortgages formerly owned by banks, which were bailed out by taxpayers during the […]
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