Senior Counsel Ross Maguire said foreclosure orders are set to spike after Christmas. “Most cases are adjourned first time into court and then it’s adjourned again. But there is a backlog building.
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The 49% drop in new foreclosures since the second quarter of 2009 is a mirage, and was partly due to the Obama administration pressuring mortgage lenders to try to modify troubled mortgages to.
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The Mid-Atlantic region is one of the strongest home sales markets. case-shiller housing data shows the Washington area is one of only three of 20 Metropolitan Statistical Areas (MSAs) tracked to post less than a 1 percent decrease (-0.6 percent) in home sale values from January 2011 to January 2012. The average decrease for all 20 MSAs was 3.8 percent.
· Was wondering if some one could shed some light on the length of time foreclosures are taking in Bergen County? Is there still a backlog? And is there a thread on members who have been thru the foreclosure and got sued for the deficiency?
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The Role of Emotions in Effective Negotiations. Andy Wasynczuk, a former negotiator for the New England Patriots, explores the sometimes intense role that emotions can play in negotiations. A simple view of negotiation presents a cold transaction between what one person has and what the other person is willing to pay for it. If the price is.
But that also means that there is a hidden backlog of home loans in default that could end up in foreclosure. Moody’s Economy.com estimates that lenders will foreclose on 1.89 million homes in 2009, up from 1.43 million last year.
Housing Relief Plans For FHA Borrowers and Servicemembers The draft is a marked improvement over the plan. of Housing and Urban Development and require it to operate a self-sufficient book of business. Moreover, the Hensarling reform would require the FHA.
The agency also is supposed to conduct background re-investigations of employees every five years, but it has a backlog of 13,654 such cases. Chula Vista on which he owed $440,000. It went into.