2777 Stemmons Freeway Suite 1300 Dallas, Texas 75207 • Call Us At 1-800-989-9999

Category Archives: Mortgage Dispute Topics

Home Values In North Texas Back To 1990 Levels

Published on July 9, 2009 by Kathleen Munden

According to a study released recently by the Joint Center for Housing Studies at Harvard University, falling home prices have wiped out billions of dollars in residential property values in North Texas. Overall, home prices in the Dallas-Fort Worth area have slipped to 1990s levels, when adjusted for inflation.
The Harvard researchers [...]

Comments (0) »

White House Sends Congress Draft Bill for Consumer Financial Protection Agency

Published on July 1, 2009 by Robert A. Kraft

The Financial Times reports the Obama Administration “has sent Congress draft legislation for a new consumer financial protection agency, setting out the fine details it wants to see in the body responsible for regulating products such as credit cards and mortgages.” The agency “would have power over any company that sells financial products to consumers, [...]

Comments (0) »

Change to Foreclosure Law to Benefit Renters

Published on June 23, 2009 by Robert A. Kraft

The House and Senate have each passed bills providing that any current lease survives a foreclosure unless the new owner intends to live in the property. Currently, in many states, a landlord has no obligation to notify tenants of pending foreclosure actions, and a renter’s lease becomes void the moment a foreclosure sale is completed. [...]

Comments (2) »

North Texas Foreclosures Decrease for June’s Auction

Published on June 22, 2009 by Kathleen Munden

According to a spokesman for Addison-based Foreclosure Listing Service, foreclosures scheduled for June 2009 in Dallas, Tarrant, Collin, and Denton Counties have decreased by 10% from the figures for May. However, even those rates are up from the same period in 2008 by 40% in Tarrant County, 39% in Collin County, 25% in Dallas County, [...]

Comments (0) »

Prime Loan Foreclosure Rates Rising

Published on June 21, 2009 by Kathleen Munden

Among all the publicity about the rash of sub-prime loans that are being foreclosed, prime loans – those held by homeowners with once-solid credit ratings – are increasingly facing the same fate.
Many economists expect the current 8.9% unemployment rate to rise into the double digits, and foreclosures of all types of mortgages are likely to [...]

Comments (0) »

Foreclosure Scams Targeted By The Federal Reserve

Published on June 1, 2009 by Kathleen Munden

Beginning on April 10, 2009, the Federal Reserve began running ads in movie theaters in several states which have been hardest-hit by foreclosures as the recession worsens. The ads warn consumers against scam artists who are charging people for help that is free from non-profit groups working with the government.
The ads [...]

Tags: , Comments (0) »