Boston real estate foreclosures, mortgage loans, subprime lending crisis
Holden Lewis of Bankrate’s Mortgage Matters lets loose this week on Congress’s plan to “improve” the Federal Housing Administration. He’s not happy. This week, the House passed H.R. 1852, known colloquially as “FHA...Boston real estate foreclosures
Fourteen of your neighbors lost their homes to foreclosure this week, in the city of Boston. Address, mortgage date, dollar amount, property/loan details 34 St James St, Roxbury, 2005, $473,800, (two-family home, original purchase $550,000) 3 Holbrook Ave, Dorchester,... Boston real estate foreclosures
Here’s what you can buy these days for $5,900 (or best offer). This car: This trailer: Or, if you live in Detroit, this house: From CNN/Money: Nearly 700 homes in the Detroit area will be auctioned on Sept. 21 through Sept. 23, one of the biggest home auctions...Boston real estate foreclosures
Six of your neighbors lost their homes to foreclosure this week, in the city of Boston (less than half the number of last week, guess we’re out of the woods, right?). Address, mortgage date, original amount 40-42 Woodrow Ave, Dorchester, 2004, $274,126 51...Boston real estate foreclosures
Ouch. Print media is a bad way to express sarcasm or cynicism. Most of the time. This guy’s point of view is coming through loud and clear, no? The housing boom is over; time to whoop on the bankers. Mortgage delinquencies are rising, subprime lenders are going...Boston real estate foreclosures
Data released today shows that more people spent more than 30 percent of their income on housing costs, last year. From today’s Times: Nationally, half of renters and more than one third of mortgage holders — 37 percent, up from 35 percent in 2005, or a rise...