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Business: Mortgage Firms Ask Federal Funds to Contain Bank Repo Homes

Independent mortgage servicers are asking federal officials to help them with their liquidity problem so they can help contain bank repo homes. The...
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Business: Repossessed Homes Are Taken Care of

National lenders and banks hire people to maintain their repossessed homes across the country. Michigan-based Neighborhood Resources owned by Doug ...
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Business: PA Repo Homes Program Enhanced With Countrywide Settlement

A total of $2.7 million will be distributed to 1,100 eligible Countrywide borrowers in Pennsylvania under an agreement between Pennsylvania and Cou...
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Business: Efforts to Help the Unemployed Deal With House Repo Crisis

As the number of unemployed people in the country continues to grow, the Obama Administration is findings ways to help them avoid house repo. One o...
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Business: Lenders: Repo Home Prevention Goal Within Reach

Some lending institutions have assured lawmakers that the Obama Administrations repo home prevention target of helping distressed homeowners refin...
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Business: PMI Report: Home Prices Fall as Repossessed Home Increases

A report predicted that over 50 percent of the biggest cities in the United States will experience a drop in home prices until the first quarter of...
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Business: Relief Program to Avoid Repo Homes Listings Slow to Get Off

Housing advocates in New York said that the Obama Administration’s loan modification program has yet to prove its capability to help homeowners a...
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Business: Restraining Order on Fraudulent Repo Homes Rescue Services

An out-of-state fraudulent repo homes rescue service with operation in Massachusetts was slapped with temporary restraining orders. Attorney Genera...
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Business: City to Buy Repossession Houses for Affordable Housing

The city of Oxnard in California will apply for federal grants to allow it to purchase abandoned and vacant repossession houses. The city wants to ...
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Business: Drop in Repo Homes Mortgage Default Rate in April

Industry experts are seeing signs that the housing market deterioration is slowing down with the decline in insured repo homes mortgage defaults in...
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Business: Fix-It Investors Can Make Money from Repo Homes

Real estate investors who can do home repairs and are willing to be on call when there are things to be fixed can profit from buying, fixing and re...
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Business: Repo Homes - Sell at Bargain Prices or Keep as REO Rentals?

Fannie Mae and Freddie Mac are continuing their rental program for their repo homes, but mortgage lenders are not open to the idea of renting out t...
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Business: Tours of Repo Homes in Chattanooga Rising

A growing number of real estate brokers in Chattanooga are following the popular selling technique of brokers nationwide--using tour buses to bring...
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Business: Repo Homes Ravaging Florida

The continuing rapid increase in the number of repo homes in Florida has made thousands of distressed homeowners wonder if they would ever recover ...
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Business: Seek Help Early to Avoid Foreclosure

Homeowners who are about to lose their homes to foreclosure can still save their homes by seeking help from the local government and the lenders.
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