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

by: admin - July 16th, 2010   Filed under: News Add Comment

1.65 Million U.S. Properties Receive Foreclosure Filings in First Half of 2010 According to RealtyTrac
IRVINE, CA–(Marketwire – 07/15/10) – RealtyTrac ( www.realtytrac.com ), the leading online marketplace for foreclosure properties, today released its Midyear 2010 U.S. Foreclosure Market Report, which shows a total of 1,961,894 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 1,654,634 U.S. properties in the first …
Read more on Marketwire via Yahoo! Finance

Dead cert
Forcing lenders to check that borrowers really are earning as much as they say seems pretty fundamental to effective regulation of the mortgage market – but could it make things worse rather than better?
Read more on InsideHousing

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How long after foreclosure before you receive a 1099?

by: admin - April 29th, 2010   Filed under: Questions & Answers 3 Comments

My house was foreclosed on in October 2009 in Maryland. At the foreclosure sell at the court house there were no bids on the house. I received papers from the court ratifying foreclosure in December 2009. The lender listed the property with a real-estate agent in October and sold the house. The new owners closed on the property January 19, 2010. How long after the foreclosure before I receive a 1099?

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