Posts Tagged ‘realtytrac’

RealtyTrac: Land mines threaten housing recovery, could trigger surge in defaults.

RealtyTrac: Land mines threaten housing recovery, could trigger surge in defaults.

RealtyTrac has been telling the country about housing recovery and that there’s no bad time to buy a home… now they sound a lot like Mandelman Matters.... (Continue reading)

RealtyTrac’s Blomquist: The Foreclosure Crisis is Well Behind Us.  Mandelman: Oh, Shut-up Daren. 

RealtyTrac's Blomquist: The Foreclosure Crisis is Well Behind Us.  Mandelman: Oh, Shut-up Daren. 

Frankly, I’m both tired of being proven right and shocked that it hasn't happened sooner and by someone with even more intellectual prominence. Derwood Blomquist just assured the nation that the foreclosure crisis was… what were the exact words... (Continue reading)

8 Powerful Reasons Why NOW is a GREAT Time to BUY a Home

8 Powerful Reasons Why NOW is a GREAT Time to BUY a Home

Today was a BIG day for Frank and Brian over at the National Real Estate Post... they have officially proclaimed that the mortgage lending industry HAS CHANGED. Not IS changing, but HAS changed... they were shocked, by the way.... (Continue reading)

South Carolina’s Hardest Hit Funds Farce… Failing but Finally Changing?

South Carolina’s Hardest Hit Funds Farce... Failing but Finally Changing?

It's been 3.5 years since the money was made available. It’s time for the programs funded by hardest hit funds to help homeowners... stopping foreclosures with aggressive benefits and inclusive qualifying requirements. Surely we know what doesn’t work...... (Continue reading)

Illinois Latest State to Make Foreclosing Much Harder

Illinois Latest State to Make Foreclosing Much Harder

Okay, so that’s GAME OVER for the State of Illinois. Ball four... take a hike... we’ll see you back here in 2014 or 2015. Take some time off, you deserve it. ... (Continue reading)

North Carolina Foreclosures Rising with Attorney Brian Chapman – A Mandelman Matters Podcast

North Carolina Foreclosures Rising with Attorney Brian Chapman - A Mandelman Matters Podcast

On this Mandelman Matters Podcast: Foreclosures Rising with Attorney Brian Chapman, I ask Brian to walk through two recent decisions by the North Carolina courts, one of which is now headed for the state's Supreme Court. ... (Continue reading)

Foreclosures Are Down? RealtyTrac VP, Daren Blomquist – The Definition of Obtuse

Foreclosures Are Down?  RealtyTrac VP, Daren Blomquist – The Definition of Obtuse

What everyone continues to overlook is the impact that foreclosures continue to have on new foreclosures. We’ve got supposed experts yammering about how we’ll have some set number of foreclosures and then we’ll be through this mess. But... (Continue reading)

Arizona Foreclosure News – More like a motivational pep talk for Realtors

Arizona Foreclosure News - More like a motivational pep talk for Realtors

RealtyTrac is so entirely full of horsey do-do that the entire organization should be lined up against a wall and shot a dawn for pedaling garbage statistics in a state still being decimated by the foreclosure crisis.... (Continue reading)

From Insult to Injury and Back to Insult… A New Twist on the Demolition Derby

From Insult to Injury and Back to Insult... A New Twist on the Demolition Derby

I remember a year or two back when Warren Buffett quipped that one solution was to “blow up a lot of houses -- a tactic similar to the destruction of autos that occurred with the ‘cash-for-clunkers’ program.’” He was... (Continue reading)

Hey Everybody… It’s “Pretend You’re Surprised About the Economy Day!”

Hey Everybody… It’s “Pretend You’re Surprised About the Economy Day!”

Falling Home Prices, the Next Financial Crisis is Near, Defaulters Aren't Deadbeats After All, the Economy with Gwen Ifill and MERS has No Clothes.... (Continue reading)

CalHFA’s $2 Billion Home Rescue Program… Here’s How Stupid They Think We Are.

CalHFA's $2 Billion Home Rescue Program... Here's How Stupid They Think We Are.

You see, it’s a very well thought out no-lose proposition, this new California foreclosure rescue program… because if the banks refuse to participate in it, which would kill the whole principal reduction aspect of the plan, it’s really not a... (Continue reading)

U.S. Breaks Housing Price Decline Record Set During Great Depression

According to RealtyTrac, 1,050,500 homes we repossessed by banks last year.So, for those that think foreclosures are somehow a good thing, I guess congratulations are in order. For those not afflicted by such diminished cognitive abilities, I can only... (Continue reading)

After One Year, Obama Plan to Help Modify Second Mortgages Modifies NONE… Nada, Ziperino!

After One Year, Obama Plan to Help Modify Second Mortgages Modifies NONE… Nada, Ziperino!

The plan was announced last April. Treasury released guidelines in August. And five weeks ago, Bank of America, with three million seconds, signed up. Five weeks ago. Stop it… they’ve been busy.... (Continue reading)


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