Archive for February, 2010

Waco community banks aren’t worried by warnings of commercial mortgage risks (Builder Magazine)

Sunday, February 28th, 2010

Feb. 24–Waco’s community-based banks will be able to weather an expected national surge in commercial foreclosures that federal officials say is bearing down on smaller banks across the country, executives said.

More: continued here

Dallas-Fort Worth foreclosures took a step back in 2009 (Dallas Morning News)

Friday, February 26th, 2010

But the almost 12 percent drop doesn’t mean that fewer North Texans are threatened with losing their homes.

More: continued here

Waco community banks aren’t worried by warnings of commercial mortgage risks (Waco Tribune-Herald)

Wednesday, February 24th, 2010

Waco’s community-based banks will be able to weather an expected national surge in commercial foreclosures that federal officials say is bearing down on smaller banks across the country, executives said.

More: continued here

Collin County foreclosures top 1,000 for 15th consecutive quarter (The Allen American)

Tuesday, February 23rd, 2010

New foreclosures data collected on Collin County homes showed staggering increases from month to month, quarter to quarter and year to year.

More: continued here

Foreclosure postings show large increase for first quarter (Fort Worth Business Press)

Monday, February 22nd, 2010

First quarter 2010 postings filed threatening Tarrant County homes with foreclosure rose 24 percent compared with the first quarter of 2009 – a sign foreclosure specialist George Roddy Sr. says is ‘devastating’ for families, but great for investors.

More: continued here

Collin County Foreclosures On The Rise (CBS 11 Dallas - Fort Worth)

Friday, February 19th, 2010

The latest foreclosure numbers are out and it doesn’t look good for Collin County. The newest report shows a 29% increase in foreclosures from 2009.

More: continued here

Foreclosures Hitting Home: A closer look at Cape Girardeau County in 2009 (KFVS 12 Cape Girardeau)

Thursday, February 18th, 2010

A record 2.8 million U.S. properties were foreclosed in 2009.  While the Heartland has not been as hard hit as other parts of the country, local numbers indicate an alarming increase in the number of Heartland families facing foreclosure.

More: continued here

Downtown Dallas’ Mosaic apartment project faces foreclosure posting (Dallas Morning News)

Thursday, February 18th, 2010

FILE/DMNA foreclosure auction is scheduled for March 2, according to Foreclosure Listing Service. But father-and-son developers Larry and Ted Hamilton are trying to reach a resolution before then.

More: continued here

Foreclosure filings down in Virginia in November (Builder Magazine)

Thursday, February 18th, 2010

The number of Virginians having trouble paying their mortgages in November declined from the previous month.

More: continued here

Pros & Cons of Voluntary Foreclosures (FOX 10 Phoenix)

Thursday, February 18th, 2010

In the game of poker, if you have a bad hand, you can walk away from the game. What about the game of real estate? Can you walk away from a home if you’re under water on your mortgage, owing much more than your home is worth?

More: continued here