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Atlanta, GA 30310

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Real Estate News: Foreclosure Plan

Foreclosure Plan Will Be Greeted With Questions Treasury Secretary Henry Paulson will unveil a plan on Thursday to forestall foreclosures and ease the housing recession. The release of plan’s details will coincide with the release of data from the Mortgage Bankers Association that show that homes in foreclosure hit record levels in April through June, […]

Real Estate News

Private-Money Mortgages Get More Popular Hard-money or private-money mortgages, which are funded by individual investors or investor groups, are gaining popularity now that subprime financing has dried up and prime lenders have tightened their credit standards. Miami-based Yale Mortgage Co., for instance, reports a 30-percent increase in applications from last year; while a 50-percent gain […]