Tag Archives: bank of america

Report: Population of Multifamily Renters Expected to Grow

Posted on November 8, 2012 by The Agency Florida

In a slow recovery, Freddie Mac expects to see further growth in the multifamily sector, while the homeownership rate is projected to tick down from its already historically low rate. According to the GSE’s multifamily demand forecast, the homeownership rate … Continue reading →

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Are Mortgage Lenders More Willing to Lend?

Posted on August 14, 2012 by The Agency Florida

Mortgage originations soared more than 48 percent in the second quarter compared to a year ago, Mortgage Daily reports. Mortgage originations were up 4.6 percent in the second quarter over the first quarter. More than half of all mortgage origination … Continue reading →

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Aloha State Residents Allegedly Lost Millions in Foreclosure Sales

Posted on August 13, 2012 by The Agency Florida

Hawaii is seeing a number of lawsuits against banks related to allegedly unfair foreclosure sales practices, The Honolulu Star-Advertiser reported Tuesday. Lawsuits have been brought against Deutsche Bank National Trust Co., Bank of America, U.S. Bank N.A., and Wells Fargo. … Continue reading →

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Bidding wars catch buyers off-guard

Posted on May 3, 2012 by The Agency Florida

Homebuyers are unexpectedly finding more competition this spring in landing their dream home. Bidding wars are increasingly being reported in markets across the country, from California to Florida, The Wall Street Journal reports. “It’s a little surprising because we thought … Continue reading →

Posted in Broward County, Deals & Steals, Distressed Properties, Foreclosures, Market Statistics, Miami-Dade County, Other States, Palm Beach County, Real Estate News, Short Sales | Tagged , , , , , , , , , , , , , , , | Leave a comment

Bank of America Mortgage Plan: Families Facing Foreclosure Can Rent

Posted on March 25, 2012 by The Agency Florida

Bank of America has announced a program that will let homeowners facing foreclosures stay in their homes as renters. The “Mortgage to Lease” program will start as a limited pilot program for up to 1,000 homeowners in Arizona, Nevada and … Continue reading →

Posted in Distressed Properties, Foreclosures, Mortgage & Finance, Other States, Real Estate News, Rentals & Leasing, Short Sales | Tagged , , , , , , , , , , , | Leave a comment

BofA to slash mortgage balances by $100,000 or more

Posted on March 19, 2012 by The Agency Florida

Bank of America will significantly slash mortgage balances for as many as 200,000 borrowers. As part of the $26 billion settlement reached between the five major mortgage servicers, the federal government and the attorneys general of 49 states and District … Continue reading →

Posted in Distressed Properties, Foreclosures, Mortgage & Finance, Real Estate News | Tagged , , , , , , , , , , , , , , , , | Leave a comment