Monthly Archives: January 2011

Element Funding Continues to Close Home Loans!

The company is doing well financially and continues to close loans and fund them at a record pace.  I wanted to share a press release that went out on today’s business wires.  Click here for the info:  http://finance.yahoo.com/news/Element-Funding-Finishes-bw-3698282492.html?x=0. We all … Continue reading

Posted in Home Loan Closings | Tagged | 1 Comment

Bank Repossessed More that 54,400 Properties in 2010

Banks did repossess more that 54,400 properties according to a new report from CondoVultures.com.  This represented more that a 79% increase from 2009.  Various banks repossed and took title to 23,000 properties in Miami-Dade and Broward counties. The foreclosure business … Continue reading

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High Court in Mass Rejects Bank Foreclosures

  Court Rejects Bank Foreclosures – Investors.com Court Rejects Bank Foreclosures. Posted 01/07/2011 06:57 PM ET … highest courtinvalidated 2 foreclosures by Wells Fargo (WFC) and U.S. Bancorp (USB) … www.investors.com/…/Article/…/Court–Rejects–Bank–Foreclosures.htm – Cache These types of actions could slow down … Continue reading

Posted in Real Estate Market | Tagged , , | 1 Comment