Sentences with phrase «impacted by the foreclosure»

At the same time, $ 54 million is being spent to encourage and continue home ownership in the state, aimed at stabilizing areas that continue to be negatively impacted by the foreclosure crisis.

This report, along with state guides for 15 states most impacted by the foreclosure crisis, provides clarity for those facing foreclosure and organizations that work with these voters.

«This is because renter households are growing at a much faster rate than owner households, reflecting growing confidence of those who were most likely impacted by the foreclosure crisis.»

Not exact matches

«IOGA of NY calls on the agency to also determine the full negative impact this delay has had on the state, especially the Southern Tier by examining lost sales, income and property tax revenue; outward job migration and jobs lost to other states; how the higher cost of fuel has impacted business growth in the state; and how many foreclosures could have been avoided.»

No family impacted by a death or injury in the line of duty should have to face the additional burden of foreclosure as a result of the hardship.

Mortgage delinquencies and defaults skyrocketed, followed by a significant increase in foreclosures, thereby negatively impacting credit risk.

While a foreclosure remains on a credit report for a long period of time, the negative impact of a foreclosure can eventually be diminished by positive points for healthy activity on other accounts.

The impacts of foreclosures may not just be felt by the former homeowner, but potentially by the entire neighborhood.

«In the first quarter survey many real estate professionals expressed concern over five factors that could potentially impact home prices adversely: rising interest rates, expiration of the home buyer tax credit, persistent unemployment, continued foreclosures and the release of shadow inventory held by the banks,» said HomeGain General Manager Louis Cammarosano.

In Foreclosed, Alison Elizabeth Taylor turns to architecture and interior space to reveal the pathos of lives dispossessed by the recent economic disaster and to explore the human impact of the short - sighted policies and greed that triggered millions of foreclosures.

He discussed recent decisions by the Massachusetts Supreme Judicial Court and the Massachusetts Appeals Court on Housing Court jurisdiction over foreclosure challenges, the authority of the Mortgage Electronic Registration System (MERS) to assign mortgages, and so - called «robo - signing» and its impact on Massachusetts lenders and real estate practitioners.

Helping more families remain current on their mortgage by significantly reducing their monthly mortgage payment will allow them remain in the home that they worked so hard to obtain and reduce the impact of foreclosures on local home prices.

Sixty - four percent cited having no responsibility for major repairs or maintenance as the primary reason, followed by 50 % who cited financial reasons such as not being impacted by an unpredictable real estate market (33 % — an increase of 1 % from 2008), and not being susceptible to foreclosure (tied at 33 %).

Next students will go over taxation, with property taxes, other taxes, impact of taxation on financing arrangement, followed by foreclosure, a definition of foreclosure, loan default, judicial foreclosure, strict foreclosure, foreclosure by power of sale, and alternatives and remedies for foreclosure.

Last week, an Administrative Order was issued by the Chief Judge for the Circuit Court of the Fifteenth Judicial Circuit in and for Palm Beach County, Florida that will have a huge impact on Florida home owners and South Florida borrowers dealing with foreclosure issues.

Florida foreclosures are still a big problem for Florida borrowers; Florida homeowners; Florida lenders; and everyone else in the State of Florida impacted by the Florida housing industry or Florida real estate market.

After consultation with FHFA, Fannie Mae and Freddie Mac will also extend the suspension of foreclosure sales and eviction lockouts for borrowers impacted by Hurricane Sandy.

Tight inventories driven by negative equity and slow foreclosure processing and rising prices are having much less impact on luxury homes than on less expensive homes.

In addition to the foreclosure sale and eviction moratorium, homeowners impacted by Hurricane Sandy may be eligible for forbearance, loan modifications or waived late payment charges.

The HomePath loan program has been most effective in providing affordable financing to homebuyers in counties that were impacted most by foreclosures.

Some of the reasons for continued trouble ahead in 2011, are the attitudes formed toward homeownership by first time buyers, the impact of California's own Cap & Tax energy program, past overbuilding of high end homes based on false loan qualification practices, and the large amount of foreclosures banks still have to process.

«Also, shadow inventory remains concentrated in states impacted by sharp price declines and states with long foreclosure timelines,» he says.