Foreclosure activity climbed in three-quarters of the largest U.S. metropolitan areas in the first half of 2010, compared with the same period a year ago, but declined in some of the nation’s hardest-hit regions, according to data released Thursday.
The number of properties in some stage of foreclosure rose during the first six months of the [...]
Posts Tagged ‘borrowers’
Foreclosure activity rises in most major metropolitan areas
July 29th, 2010 by HardMoney Writer
Tags: borrowers, businesses, commerce department, financial crisis, Financial Markets, foreclosures, global economic, hard money, Hard Money Loans, home prices, home sales, housing market, lenders, loans
more...Home Prices in 20 U.S. Cities Rose More Than Forecast
July 27th, 2010 by HardMoney Writer
Home prices in 20 U.S. cities rose more than forecast in May from a year earlier as a government tax credit temporarily underpinned sales.
The S&P/Case-Shiller index of property values increased 4.6 percent from May 2009, the biggest year-over-year gain since August 2006, the group said today in New York. Another report showed consumer confidence dropped [...]
Tags: borrowers, chief economist, Financial Markets, foreclosure, home prices, home sales, investments, JPMorgan, loan, mortgage rates, real estate, tax credit
Securing Residential Hard Money Lenders
July 15th, 2010 by HardMoney Writer
A good investor like you must learn how to secure residential hard money lenders even before he needs them. This practice is very simple but it can do great things to your real estate investing business, especially if you want to earn money fast. If you already know where to look for hard money lenders, [...]
Tags: borrowers, financial, Financial Markets, hard money, hard money lender, Hard Money Loans, hard money news, investments, real estate investments, real estate market
Euro Gains on ECB Relief
June 30th, 2010 by HardMoney Writer
The euro gained against the dollar, as lower-than-expected demand for a European Central Bank lending program allayed some fears over the region’s banking sector.
But disappointing U.S. private-sector jobs data took some shine of currencies most closely tied to global growth, such as the Australian, New Zealand and Canadian dollar.
The euro-zone funding results are “a sign [...]
Tags: borrowers, consumers, euro zone, European Central Bank, financial lending, global recovery, investments, stocks
Cost of Seizing Fannie and Freddie Surges for Taxpayers
June 19th, 2010 by HardMoney Writer
Fannie Mae and Freddie Mac took over a foreclosed home roughly every 90 seconds during the first three months of the year. They owned 163,828 houses at the end of March, a virtual city with more houses than Seattle. The mortgage finance companies, created by Congress to help Americans buy homes, have become two of [...]
Tags: borrowers, businesses, Financial Markets, foreclosures, Hard Money Loans, homeowners, interest rates, lenders, money, mortgage loan, mortgage rates
Dollar, Yen Climb on Concern About European Banks, U.S. Growth
June 4th, 2010 by HardMoney Writer
The dollar and the yen rose against their major counterparts as concern that Europe’s debt crisis is expanding and the U.S. economic recovery may be growing more slowly pushed investors to the safest currencies.
The euro fell to the lowest level since March 2006 amid speculation the European fiscal crisis may be spreading into the financial [...]
Tags: borrowers, debt crisis, economy recovery, European economy, european union, eurozone economy, financial, global recovery, hard money news, interest rates, investments, US Economy
Treasuries Little Changed Before U.S. Report on Home Resales
June 2nd, 2010 by HardMoney Writer
Treasuries were little changed before an industry report that economists said will show pending U.S. home resales rose for a third month in April.
“The market is going through a toss and turn,” said Thomas Tucci, head of U.S. government bond trading in New York at Royal Bank of Canada, one of 18 primary dealers obligated [...]
Tags: borrowers, debt crisis, economic recovery, economy, European stocks, financial market, global economic, hard money news, interest rates, US Economy
Euro Falls, Heads For Monthly Loss, on European Debt Concern
May 29th, 2010 by HardMoney Writer
The euro declined, headed for a sixth monthly loss against the dollar, amid concerns European measures to reduce fiscal deficits and contain the region’s sovereign debt crisis will undermine the global recovery.
The 16-nation currency erased last week’s gain against the greenback as Fitch Ratings yesterday stripped Spain of its AAA credit grade, saying the nation’s [...]
Tags: borrowers, debt crisis, economic recovery, European Central Bank, european union, eurozone economic, financial market, hard money, IMF, investors, US Economy
Fed weighs how and when to signal higher rates
March 16th, 2010 by HardMoney Writer
Debate is heating up within the Federal Reserve over how and when to signal that the days of record-low interest rates are numbered.
A rate hike isn’t imminent. But at their meeting, which started Tuesday morning, Federal Reserve Chairman Ben Bernanke and his colleagues will likely focus on how to telegraph that higher rates are coming [...]
Tags: borrowers, economic recovery, fed, Federal Reserve, interest rates, investors
Secondary Sources: Recession Costs, Doomsday Cycle, Commercial Real Estate
February 24th, 2010 by HardMoney Writer
* Who Pays for Recession?:
On Economist’s View, Mark Thoma looks at who pays the cost of recession. “The recession is taking away opportunity for the young to gain employment experience, and many who are employed are working below their abilities in jobs they are likely to get stuck in for many years, if not forever. [...]
Tags: borrowers, commercial real estate, doomsday cycle, financial crisis, recession costs, unemployed
Fatal error: Cannot redeclare pagenavi_textdomain() (previously declared in /home/hardmone/public_html/wp-content/themes/front-page/wp-pagenavi.php:34) in /home/hardmone/public_html/wp-content/themes/front-page/wp-pagenavi.php on line 35