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Archive for January, 2008

What banks were NOT involved in subprime lending, & are strong enough to withstand pressures of foreclosures?

Personal Finance 2 Comments »
foreclosures
walkathisway asked:


Do you know where I can find a list of banks that were not involved in subprime lending fiascos? Thanks


January 28th, 2008 |

Tags: Foreclosures, List Of Banks, Subprime Lending




What’s going on now that’s causing so many housing foreclosures?

Renting & Real Estate 2 Comments »
foreclosures
WOLFpackGirl192 asked:


I’m writing an essay, I’m trying to talk about how the value of the U.S. dollar and the foreclosures on properties are causing the economy to decrease.

I just want a basic way of talking about the downfall of the housing industry. I don’t know very much about it.

If you’d like to add more, that’s great.


January 26th, 2008 |

Tags: Dollar, Economy, Foreclosures, Housing Industry




What is the reason for the increasing amount of foreclosures?

Renting & Real Estate 4 Comments »
foreclosures
vitaly s asked:


I can only think of gas and food prices going up which makes it harder to pay rent but that can’t be the only reason. What is the simple answer?


January 24th, 2008 |

Tags: Food Prices, Gas And Food, Reason, Simple Answer




Are Sub-Prime Foreclosures High Because People Lost Their Jobs or Because The Loans Reset to Much Higher Rates

Renting & Real Estate 5 Comments »
foreclosures
Joe asked:


Have most sub-prime mortgages been “adjustable”?

Are foreclosures up so high because people lost their jobs?

Or are foreclosures so high because the loans adjusted to such a high rate of interest that people are unable to make the payments? If so, about how many percentage points did the “reset” go up compared to the initial terms?

Were the size of the “resets” much higher than would have been expected? Or were the resets no surprise?


January 18th, 2008 |

Tags: Loans, Lost, People, Sub Prime Mortgages




What is the latest statistic for home foreclosures in Phladelphia, PA. Please cite sources?

Renting & Real Estate 1 Comment »
foreclosures
martin90034 asked:


I am looking for foreclosure rates/statistics, and not the actual home listings.


January 15th, 2008 |

Tags: Foreclosure Rates, Home Listings, Statistic, Statistics




Does anyone know of a good website for free home listings (auctions and foreclosures)?

Renting & Real Estate 3 Comments »
foreclosures
Heer Saleti asked:


I want to look for houses in Queens, New York but every website I search asks for a account setup or trial. It would be good if someone knows anything about foreclosure and auctions in Queens, New York. Thank you in advance


January 9th, 2008 |

Tags: Foreclosure Auctions, Free Foreclosures, Free Home Listings, Queens New York




Which, if any, of the “foreclosures for sales” websites provide legitimate usable info?

Renting & Real Estate 1 Comment »
foreclosures
josh s asked:


Would like to buy a foreclosure in the Carolinas, but am wary of these foreclosure websites. Has anyone used them with good success? Or what’s a better way of finding out about foreclosures across the country?


January 5th, 2008 |

Tags: Foreclosure, Foreclosures, Good Success, Usable Info




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