http://sexton-interactive.com/blog Mortage and Real Estate related Weblog Thu, 25 Dec 2008 20:56:10 +0000 http://backend.userland.com/rss092 en In real estate headlines from the pacific Rim area, the A&B Properties Firm, which is a sizeable real estate subsidiary of the Alexander & Baldwin Corp., sold Venture Oaks a few days ago, which is a rather huge commercial type building in Sacramento. They have officially sold this specific ... http://sexton-interactive.com/blog/?p=33 While it may be good for buyers that Home prices have fallen by some twenty percent from their mid-2006 highs, these same prices also mean that more people simply cannot refinance their mortgages, which is one of the factors that is causing foreclosures to sharply increase. This may then ... http://sexton-interactive.com/blog/?p=32 In legal news out of Denver, Colorado, two women identified as Linda Edwards and the other as Ladonna Mullins were convicted of a mortgage fraud scheme, the charges included wire fraud, falsely using Social Security numbers, criminal forfeiture and false statements to a financial institution. Mullins age 73 ... http://sexton-interactive.com/blog/?p=31 According to as report out of the capital, over four hundred real estate industry players have been indicted since in the last few months (and many of these over the last several days) in a major government sweep on incidents of mortgage fraud around the country which are a result ... http://sexton-interactive.com/blog/?p=30 According to articles in the Los Angeles Times and other news publications, the estate of Boxer Evander Holyfield is up for foreclosure. This comes on the heels of a report that former 'Tonight Show' sidekick Ed McMahon was facing similiar foreclosure problems. Is this a sign of wosening economic times in general ... http://sexton-interactive.com/blog/?p=29 From Orlando to Seattle, the subprime saga keeps getting more and more dramatic. According to a superb article by Mark jewell of the Associated Press news network (and i mean this guy is one of the best writers of the subject, in my own opinion), Regulators are attempting to punish the ... http://sexton-interactive.com/blog/?p=28 According to a superb article by Matt Woolsey that was reported on the Yahoo online News network, the real estate market in general and home prices in particular continue to fall in many areas of the country. In Sacramento, California, for example, home sale prices for November of last year fell ... http://sexton-interactive.com/blog/?p=27 The following is an excerpt from a Reuters News Report....Between railroad tracks and beneath the roar of departing planes in this Californian suburb is perched the "tent city," as it is called, which is basically a transit point for homeless folks. It is located in the suburbs to the east ... http://sexton-interactive.com/blog/?p=26 As both the rate of United States house foreclosures plus the rate of houses that are entering into the foreclosure process rose to a record in the 3rd quarter of this year, aggravated by dropping or stagnant house prices as well as increasing premiums, the Commander & Chief Executive launched an ... http://sexton-interactive.com/blog/?p=25 As defaults rise due to subprime mortgages or ARM loans, many individuals are witnessing their neighbors caught up in the meltdown. And the defaulters misfortunes are severely affecting those who are left living in those particular communities. Furthermore, the problem is not simply restricted to the poorer areas, because they are also ... http://sexton-interactive.com/blog/?p=24