RISMEDIA, Jan. 30, 2008--RealtyTrac®, an online marketplace for foreclosure properties, released year-end data from its 2007 U.S. Foreclosure Market Report, which shows a total of 2,203,295 foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 1,285,873 properties nationwide during the year, up 75% from ...

RISMEDIA, Jan. 30, 2008-As the mortgage lending market continues to tighten, first time home buyers with low down payments still have choices, according to Dr. Susan M. Wachter, professor of Real Estate and Finance at the University of Pennsylvania's Wharton School. With support from Genworth Financial, Dr. Wachter released her ...

RISMEDIA, Jan. 30, 2008-(MCT)-The economy may be slowing, but there has been enough sustained growth in areas such as employment and office use that the nation and lower Fairfield County, Connecticut should be able to avoid a recession, a regional real estate expert said yesterday. ...

RISMEDIA, Jan. 29, 2008-Nehemiah Corporation of America, a provider of private downpayment assistance in the United States, announced that the non-profit has provided more than $1 billion in mortgage downpayment assistance through The Nehemiah Program®. ...

RISMEDIA, Jan. 25, 2008-A new Wall Street Journal Online/Harris Interactive Personal Finance Poll finds that a plurality of U.S. adults say the government should not provide financial assistance to borrowers who can no longer afford to pay their mortgages to keep them out of foreclosure. Only one-quarter agree that the ...

RISMEDIA, Jan. 24, 2008-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending January 18, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 981.5, an increase of 8.3% on a seasonally adjusted basis from 906.4 one week earlier. On an ...

RISMEDIA, Jan. 23, 2008-(NYTimes.com)-The Federal Reserve, responding to an international stock sell-off and fears about a possible United States recession, cut its benchmark interest rate by three-quarters of a percentage point on Tuesday. ...

RISMEDIA, Jan. 23, 2008-(MCT)-Soon, W2 tax forms will hit your mailboxes. Banks will mail your interest earnings statements. Churches and charities might send you records of your donations this past year. ...

RISMEDIA, Jan. 21, 2008-(MCT)- Q: My wages haven't really kept up to increases in my expenses in the last year. I've racked up a large amount of credit card debt and I'm thinking about taking a loan against my 401(k) to pay off my debts. Will I regret this later? ...

RISMEDIA, Jan. 21, 2008-(MCT)-Income tax season won't start on time this year. If you're not looking forward to facing the Tax Man, that's not a problem. But if you want that refund right away, it could be. ...

RISMEDIA, Jan. 18, 2008-Is the hey-day of adjustable-rate mortgages a thing of the past? Freddie Mac released the results of its 24th Annual Adjustable-Rate Mortgage (ARM) Survey of prime loans, which found: ...

RISMEDIA, Jan. 18, 2008-Evidence of a weaker economy pushed mortgage rates to the lowest point since July 2005, with the average conforming 30-year fixed mortgage rate now 5.75%. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.36 discount and origination ...

(MCT)-Any successful stimulus package must replace the lost income of displaced workers and boost demand for goods and services offered by businesses. Here's a look at some ideas under consideration. ...

RISMEDIA, Jan. 17, 2008-Looks like refinancing continues to be a popular option for homeowners. Refinance loans topped mortgage application news this week with The Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 11, 2008. Let's look at the numbers: ...

RISMEDIA, Jan. 17, 2008-(MCT)-Remember trying to refinance during the real estate boom? You were lucky if your broker or lender returned your calls within two weeks. ...