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Foreclosure Process Archive


Regional Spotlight: Bay State Foreclosure Petitions Drop in June 2010; Foreclosure Deeds Continue to Climb

RISMEDIA, July 22, 2010—The number of foreclosures started by lenders in Massachusetts during the month of June decreased from a year earlier, the second straight month that petitions to foreclose have declined, according to a new report by The Warren Group,


The Execution Solution: 5 Trade Secrets of Companies That Consistently Get Things Done

RISMEDIA, July 20, 2010—If your organization is like so many others, it seems to have all the ingredients for success firmly in place—a well-thought-out vision, a realistic strategy, skilled, highly-engaged employees, quality products and services and strong


Regional Spotlight: Bay State Foreclosure Petitions Drop in June 2010

RISMEDIA, July 22, 2010—The number of foreclosures started by lenders in Massachusetts during the month of June decreased from a year earlier, the second straight month that petitions to foreclose have declined, according to a new report by The Warren Group,


Top 7 Things You Should Know about Financial Regulation Overhaul

RISMEDIA, July 17, 2010—(MCT)—With final Senate passage of the broadest overhaul of financial regulation since the Great Depression, the hard work really starts. Regulators must fill in the blanks in the legislation, and a new agency to protect consumers must be erected from scratch. The landmark legislation will bring lots of changes. Here are some answers to common questions about the changes that will come about under the overhaul of financial regulation, and how it will address some root causes of the deep financial crisis.


Foreclosure Sales Through Multicultural Real Estate Broker Network Top 1 Billion Dollars

RISMEDIA, July 16, 2010—New Vista Asset Management, the San Diego-based minority-owned firm, has sold 8,146 foreclosed properties totaling $1 billion in sales through its national real estate broker network, the company announced. Sixty-six percent of the listings


1.65 Million U.S. Properties Receive Foreclosure Filings in First Half of 2010, According to RealtyTrac

RISMEDIA, July 15, 2010—RealtyTrac, a leading online marketplace for foreclosure properties, recently released its Midyear 2010 U.S. Foreclosure Market Report, which shows a total of 1,961,894 foreclosure filings—default notices,


Incorporating Foreclosures into a Successful Real Estate Practice

RISMEDIA, July 13, 2010—Today’s real estate market and foreclosures seem to go hand in hand, so it goes without saying that agents who want to remain competitive and set themselves up for future success, incorporate distressed properties into their practice.


Incorporating Foreclosures into a Successful Real Estate Practice

RISMEDIA, July 13, 2010—Today’s real estate market and foreclosures seem to go hand in hand, so it goes without saying that agents who want to remain competitive and set themselves up for future success, incorporate distressed properties into their practice.


Today’s Featured Listing: Custom-Built, Expanded Ranch

RISMEDIA, July 9, 2010—This sprawling, custom-built Expanded Ranch in West Orange, NJ is equipped with amenities that appeal to everyone. The living room, dining room, master bedroom and upstairs bedrooms are equipped with beautiful, shiny, refinished oak floors


For Your Clients: Interpreting a Home Inspection Report

RISMEDIA, July 8, 2010—A home inspection report is an important document that a potential buyer will have that accurately describes the conditions that exist in the house they are considering buying. It is crucial that your client receive a well written and detailed home inspection report and working with your client to interpret the inspection report can help eliminate confusion and indecision. This article will attempt to give you some guidance to assist your buyers with interpreting a home inspection report.


How to Answer 5 Common Questions Homeowners Have About Default

RISMEDIA, July 7, 2010—With so many homeowners facing tough decisions about their mortgages in or approaching default, questions abound about how to best handle the complex situation with the bank lenders they're indebted to. To help clarify such confusion and shed light on optimal homeowner options, real estate finance expert Marian Anthony, author of Short Sale RUSH, sheds light on the five most common questions homeowners in default are asking.


Foreclosure Homes Account for 31 Percent of All Residential Sales in First Quarter 2010, According to RealtyTrac

RISMEDIA, June 30, 2010—RealtyTrac, one of the leading online marketplaces for foreclosure properties released its first U.S. Foreclosure Sales Report, which shows that foreclosure homes accounted for 31% of all residential sales


Understanding the Role of Predatory Lending in Debt Securitization

RISMEDIA, June 29, 2010—Because large financial institutions spend money on elections and advertising, they are able to control the dialogue and thus have been able to deflect any sort of accountability for the foreclosure epidemic they designed and executed.


Fannie Mae Getting Tough on Home ‘Walkaways’

RISMEDIA, June 25, 2010—(MCT)—Taking aim at homeowners who are able to pay their mortgage but decide it's not worth it, Fannie Mae plans to go after them in court and to limit their access to home loans for seven years.


Struggling Homeowners Find Help Outside Obama Program

RISMEDIA, June 25, 2010—(MCT)— More borrowers dropped out of the Obama administration's foreclosure prevention program last month than were added, but many of those homeowners found private help from their mortgage companies, according to



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