ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/28/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/28/2011

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ACTIVE REAL ESTATE FORECLOSURES FOR SALE

These are Single Family Homes ‘Active’ on the Birmingham MLS. These homes

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I hope you have an awesome day, packed with smiles while searching for your active Birmingham AL Real Estate Dream.

A monthly index that tracks pending sales of U.S. resale homes rose in September compared to a year ago, while falling on a month-to-month basis, the National Association of Realtors reported today. Also today, NAR released its latest forecast report for 2011 and 2012, revising up an earlier prediction for U.S. real gross domestic product growth in the wake of third-quarter GDP data released today.

Third-quarter data showed a 2.5 percent rise in GDP, compared with 1.3 percent in the second quarter. NAR expects U.S. GDP growth of 1.8 percent for the full year in 2011, with 2.3 percent GDP growth in 2012. A previous NAR forecast, released last month, anticipated U.S. GDP growth of 1 percent this year and 1.3 percent in 2012.  Actual U.S. GDP rose 3 percent in 2010 and declined 3.5 percent in 2009.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

NAR’s Pending Home Sales Index, which measures real estate sales contracts signed but not yet closed, increased 6.4 percent year over year, to   84.5, in September. On a monthly basis, the index declined 4.6 percent. The index typically represents about 20 percent of all existing-home transactions. An index score of 100 is equal to the average level of sales contract activity in 2001, which was the first year examined by the trade group. In the South, the index rose 5 percent year over year, to 91.6. On a month-to-month basis, the index slipped 5.5 percent in the region.

In its latest economic forecast, NAR projects 4.955 million sales of resale homes this year (up 1 percent compared to 2010), and 5.169 million existing-home sales in 2012 (up another 4.3 percent), with the existing-home median price falling 4 percent this year, to $165,900, and rising 2.6 percent in 2012.

Sales of new, single-family homes, meanwhile, are forecast to fall 4.7 percent this year, to 307,000, and to rise 21.3 percent next year, to 372,000. The median price of a new home is projected to rise 1.8 percent this year, to $225,000, and jump 3.5 percent in 2012.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 10/28/2011

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ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/28/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/28/2011

Your FREE ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/28/2011 list has been posted.

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ACTIVE REAL ESTATE FORECLOSURES FOR SALE

These are Single Family Homes ‘Active’ on the Birmingham MLS. These homes

are ripe for the picking. Don’t Let them pass you by. ACT NOW!!

I hope you have an awesome day, packed with smiles while searching for your active Birmingham AL Real Estate Dream.

A monthly index that tracks pending sales of U.S. resale homes rose in September compared to a year ago, while falling on a month-to-month basis, the National Association of Realtors reported today. Also today, NAR released its latest forecast report for 2011 and 2012, revising up an earlier prediction for U.S. real gross domestic product growth in the wake of third-quarter GDP data released today.

Third-quarter data showed a 2.5 percent rise in GDP, compared with 1.3 percent in the second quarter. NAR expects U.S. GDP growth of 1.8 percent for the full year in 2011, with 2.3 percent GDP growth in 2012. A previous NAR forecast, released last month, anticipated U.S. GDP growth of 1 percent this year and 1.3 percent in 2012.  Actual U.S. GDP rose 3 percent in 2010 and declined 3.5 percent in 2009.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

NAR’s Pending Home Sales Index, which measures real estate sales contracts signed but not yet closed, increased 6.4 percent year over year, to   84.5, in September. On a monthly basis, the index declined 4.6 percent. The index typically represents about 20 percent of all existing-home transactions. An index score of 100 is equal to the average level of sales contract activity in 2001, which was the first year examined by the trade group. In the South, the index rose 5 percent year over year, to 91.6. On a month-to-month basis, the index slipped 5.5 percent in the region.

In its latest economic forecast, NAR projects 4.955 million sales of resale homes this year (up 1 percent compared to 2010), and 5.169 million existing-home sales in 2012 (up another 4.3 percent), with the existing-home median price falling 4 percent this year, to $165,900, and rising 2.6 percent in 2012.

Sales of new, single-family homes, meanwhile, are forecast to fall 4.7 percent this year, to 307,000, and to rise 21.3 percent next year, to 372,000. The median price of a new home is projected to rise 1.8 percent this year, to $225,000, and jump 3.5 percent in 2012.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 10/28/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 10/26/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/26/2011

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These are Single Family Homes ‘Active’ on the Birmingham MLS. These homes

are ripe for the picking. Don’t Let them pass you by. ACT NOW!!

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U.S. home prices stayed virtually flat in August compared to July and fell compared to a year ago, according to the latest Standard & Poor’s/Case-Shiller Home Price Indices.While Case-Shiller’s 20-City Composite saw its fifth monthly rise in August, the month’s increase was a slight one, at 0.2 percent. The index fell 3.8 percent compared to August 2010.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

Half of the 20 metro areas tracked by the index saw month-to-month declines in August, most of them slight. Atlanta saw the biggest monthly index drop, down 2.4 percent, followed by Los Angeles (-0.4 percent). Washington, D.C., posted the biggest monthly increase (1.6 percent), followed by Chicago and Detroit (1.4 percent each). On a yearly basis, only two metro areas saw increases: Detroit (2.7 percent) and Washington, D.C. (0.3 percent). Despite the increases, Detroit’s home prices remain at their 1995 levels, according to the report.

Minneapolis saw the biggest year-over-year drop (-8.5 percent), followed by Phoenix (-7.7 percent) and Portland, Ore. (-7.6 percent). Sixteen of the 20 metros tracked saw their annual rates of change improve in August, which represents “a modest glimmer of hope” for the housing market, said David M. Blitzer, chairman of the index committee at S&P Indices, in a statement.

“In spring and summer’s seasonally strong period for housing demand, we cautioned that monthly increases in prices had to be paired with improvement in annual rates before anyone could declare that the market might be stabilizing,” Blitzer said. As in July, Las Vegas once again posted a new index low in August, down 59.5 percent from its August 2006 peak. The 20-City Composite overall was down 30.8 percent from peak.

Metro area Index level (Aug. 2011) Change from July Change from a year ago
Atlanta 102.04 -2.4% -6.3%
Boston 155.59 -0.1% -1.7%
Charlotte 112.66 0.2% -3.4%
Chicago 119.4 1.4% -5.8%
Cleveland 101.84 0.3% -4.8%
Dallas 117.21 0.2% -1.9%
Denver 126.47 0.4% -1.6%
Detroit 73.41 1.4% 2.7%
Las Vegas 95.18 -0.3% -5.8%
Los Angeles 169.38 -0.4% -3.5%
Miami 140.75 -0.3% -4.6%
Minneapolis 115.62 0.4% -8.5%
New York 169.19 0.4% -3.4%
Phoenix 100.43 -0.1% -7.7%
Portland, Ore. 135.91 0.1% -7.6%
San Diego 154.91 -0.2% -5.5%
San Francisco 135.2 -0.1% -5.3%
Seattle 137.09 -0.3% -6.1%
Tampa 129.51 -0.1% -5.8%
Washington, D.C. 187.57 1.6% 0.3%
20-City Composite 142.84 0.2% -3.8%

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 10/26/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/25/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/25/2011

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U.S. home prices stayed virtually flat in August compared to July and fell compared to a year ago, according to the latest Standard & Poor’s/Case-Shiller Home Price Indices.While Case-Shiller’s 20-City Composite saw its fifth monthly rise in August, the month’s increase was a slight one, at 0.2 percent. The index fell 3.8 percent compared to August 2010.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

Half of the 20 metro areas tracked by the index saw month-to-month declines in August, most of them slight. Atlanta saw the biggest monthly index drop, down 2.4 percent, followed by Los Angeles (-0.4 percent). Washington, D.C., posted the biggest monthly increase (1.6 percent), followed by Chicago and Detroit (1.4 percent each). On a yearly basis, only two metro areas saw increases: Detroit (2.7 percent) and Washington, D.C. (0.3 percent). Despite the increases, Detroit’s home prices remain at their 1995 levels, according to the report.

Minneapolis saw the biggest year-over-year drop (-8.5 percent), followed by Phoenix (-7.7 percent) and Portland, Ore. (-7.6 percent). Sixteen of the 20 metros tracked saw their annual rates of change improve in August, which represents “a modest glimmer of hope” for the housing market, said David M. Blitzer, chairman of the index committee at S&P Indices, in a statement.

“In spring and summer’s seasonally strong period for housing demand, we cautioned that monthly increases in prices had to be paired with improvement in annual rates before anyone could declare that the market might be stabilizing,” Blitzer said. As in July, Las Vegas once again posted a new index low in August, down 59.5 percent from its August 2006 peak. The 20-City Composite overall was down 30.8 percent from peak.

Metro area Index level (Aug. 2011) Change from July Change from a year ago
Atlanta 102.04 -2.4% -6.3%
Boston 155.59 -0.1% -1.7%
Charlotte 112.66 0.2% -3.4%
Chicago 119.4 1.4% -5.8%
Cleveland 101.84 0.3% -4.8%
Dallas 117.21 0.2% -1.9%
Denver 126.47 0.4% -1.6%
Detroit 73.41 1.4% 2.7%
Las Vegas 95.18 -0.3% -5.8%
Los    Angeles 169.38 -0.4% -3.5%
Miami 140.75 -0.3% -4.6%
Minneapolis 115.62 0.4% -8.5%
New York 169.19 0.4% -3.4%
Phoenix 100.43 -0.1% -7.7%
Portland, Ore. 135.91 0.1% -7.6%
San Diego 154.91 -0.2% -5.5%
San    Francisco 135.2 -0.1% -5.3%
Seattle 137.09 -0.3% -6.1%
Tampa 129.51 -0.1% -5.8%
Washington, D.C. 187.57 1.6% 0.3%
20-City    Composite 142.84 0.2% -3.8%

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 10/25/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 10/25/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/25/2011

Your FREE ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/25/2011 list has been posted.

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These are Single Family Homes ‘Active’ on the Birmingham MLS. These homes

are ripe for the picking. Don’t Let them pass you by. ACT NOW!!

I hope you have an awesome day, packed with smiles while searching for your active Birmingham AL Real Estate Dream.

Mortgage rates are hovering not far above record lows set during the first week in October, but demand for purchase loans hit a low last week not seen since 1996, surveys of lenders show. Freddie Mac’s latest Primary Mortgage Market Survey showed rates for 30-year fixed-rate mortgage (FRM) averaging 4.11 percent with an average 0.8 point for the week ending Oct. 20.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

That’s virtually unchanged from 4.12 last week, and not far above the all-time low in records dating to 1971 of 3.94 percent set during the week ending Oct. 6. Rates on the popular 30-year fixed-rate mortgage were at 4.21 percent this time a year ago, before climbing to a 2011 high of 5.05 percent in February.

For 15-year fixed-rate mortgages, rates averaged 3.38 percent with an average 0.8 point, essentially unchanged from 3.37 percent last week. The 15-year mortgage hit an all-time low in records dating to 1991 of 3.26 percent during the week ending Oct. 6.At this time a year ago, 15-year loans were averaging 3.64 percent, before climbing to a 2011 high of 4.29 percent in February.

Rates on five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) loans averaged 3.01 percent with an average 0.6 point, down slightly from 3.06 percent last week, and not far off the all-time low in records dating to 2005 of 2.96 percent registered during the week ending Oct. 6. A year ago, the five-year ARM averaged 3.45 percent, before hitting a 2011 high of 3.92 percent in February.

The one-year Treasury-indexed ARM averaged 2.94 percent with an average 0.6 point, up from 2.9 percent last week but still within range of a low in records dating back to 1984 of 2.81 percent seen during the week ending Sept. 15. At this time last year, the one-year ARM averaged 3.3 percent before hitting a 2011 high of 3.4 percent in February.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 10/25/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/24/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/24/2011

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are ripe for the picking. Don’t Let them pass you by. ACT NOW!!

I hope you have an awesome day, packed with smiles while searching for your active Birmingham AL Real Estate Dream.

Mortgage rates are hovering not far above record lows set during the first week in October, but demand for purchase loans hit a low last week not seen since 1996, surveys of lenders show. Freddie Mac’s latest Primary Mortgage Market Survey showed rates for 30-year fixed-rate mortgage (FRM) averaging 4.11 percent with an average 0.8 point for the week ending Oct. 20.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

That’s virtually unchanged from 4.12 last week, and not far above the all-time low in records dating to 1971 of 3.94 percent set during the week ending Oct. 6. Rates on the popular 30-year fixed-rate mortgage were at 4.21 percent this time a year ago, before climbing to a 2011 high of 5.05 percent in February.

For 15-year fixed-rate mortgages, rates averaged 3.38 percent with an average 0.8 point, essentially unchanged from 3.37 percent last week. The 15-year mortgage hit an all-time low in records dating to 1991 of 3.26 percent during the week ending Oct. 6.At this time a year ago, 15-year loans were averaging 3.64 percent, before climbing to a 2011 high of 4.29 percent in February.

Rates on five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) loans averaged 3.01 percent with an average 0.6 point, down slightly from 3.06 percent last week, and not far off the all-time low in records dating to 2005 of 2.96 percent registered during the week ending Oct. 6. A year ago, the five-year ARM averaged 3.45 percent, before hitting a 2011 high of 3.92 percent in February.

The one-year Treasury-indexed ARM averaged 2.94 percent with an average 0.6 point, up from 2.9 percent last week but still within range of a low in records dating back to 1984 of 2.81 percent seen during the week ending Sept. 15. At this time last year, the one-year ARM averaged 3.3 percent before hitting a 2011 high of 3.4 percent in February.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 10/24/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/19/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/19/2011

Your FREE ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/19/2011 list has been posted.

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Home prices in July climbed for the fourth month in a row, but are still down from a year ago. According to the latest S&P/Case-Shiller home price index of 120 major cities, prices rose 0.9% in July compared with June, but they’re still 4.1% lower than 12 months ago. “We are far from a sustained recovery” said S&P spokesman David Blitzer. “Continued increases in home prices through the end of the year . . . must materialize before we can confirm a housing market recovery,”

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

Adjusted for seasonal differences, the 20-city index was flat month-over-month. But a handful of cities have shown surprising strength recently. In Detroit for example, prices jumped 3.8% month-over-month, after spiking 5.8% in June. Minneapolis prices increased 2.6% and Washington recorded a 2.4% rise. Blitzer cited some positive signs for the struggling housing market. Existing home sales were up 20% in August compared with 12 months earlier. Foreclosures have dropped most of the year.

On the negative side, however, housing starts are near historic lows and consumer confidence remains depressed. “These combined statistics indicate the market is still bottoming and has not turned around,” he said. Stan Humphries, chief economist for the real estate website Zillow, is not optimistic about the outlook for housing.

“I still believe that the continued fears about a Greek default, weak employment growth and low consumer confidence will ultimately translate into weaker housing performance in the back half of this year,” he said. “Looking ahead, expect fading monthly momentum in Case-Shiller.” Complicating things is that a quarter of homeowners are underwater on their mortgages, owing more than their homes are worth, making it difficult to refinance into low interest mortgages

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 10/19/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/18/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/18/2011

Your FREE ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/18/2011 list has been posted.

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ACTIVE REAL ESTATE FORECLOSURES FOR SALE

These are Single Family Homes ‘Active’ on the Birmingham MLS. These homes

are ripe for the picking. Don’t Let them pass you by. ACT NOW!!

I hope you have an awesome day, packed with smiles while searching for your active Birmingham AL Real Estate Dream.

Mortgage rates were up sharply this week, bouncing back from record lows following the release of a better-than-expected jobs report, Freddie Mac said in releasing the results of its latest Primary Mortgage Market Survey.

While forecasters expect rates on 30-year fixed-rate mortgages will stay well below 5 percent through 2012, strong economic growth could trigger a faster rise in long-term interest rates, including mortgages.

Freddie Mac said rates on 30-year fixed-rate mortgages averaged 4.12 percent with an average 0.8 point for the week ending Oct. 13, up from 3.94 percent last week, an all-time low in records dating to 1971. At this time last year, the 30-year FRM averaged 4.19 percent before climbing to a 2011 high of 5.05 percent in February. For 15-year fixed-rate mortgages, rates averaged 3.37 percent with an average 0.8 point, up from 3.26 percent last week.

A separate survey by the Mortgage Bankers Association showed buyers weren’t rushing to lock in loans at last week’s record lows. Demand for purchase loans was up a seasonally adjusted 1.1 percent from the week before during the week ending Oct. 7, but down 2.9 percent from a year ago.

Economists with the Mortgage Bankers Association are predicting 2012 will be another tough year for home sales, with purchase loan origination volume growing by only 3 percent. In a forecast issued Tuesday, Brinkmann said he and his staff expect existing-home sales to remain subdued, at a rate of 4.9 million per year during 2011 and 2012, before increasing slightly to 5.2 million units in 2013 in conjunction with a broader economic recovery.

Although mortgages were affordable throughout the year, MBA economists expect purchase loan originations will total just $400 billion in 2011, down from an estimated $472 billion in 2010. If 2012 is another year of slow economic growth, the MBA predicts purchase loan volume will again remain below 2010 levels, rising only slightly to $412 billion. Not until 2013, when the economy is expected to pick up steam and home sales and prices are expected to increase, will purchase loan demand show solid growth, increasing to $770 billion for the year, the MBA said.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 10/18/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/17/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/17/2011

Your FREE ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/17/2011 list has been posted.

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ACTIVE REAL ESTATE FORECLOSURES FOR SALE

These are Single Family Homes ‘Active’ on the Birmingham MLS. These homes

are ripe for the picking. Don’t Let them pass you by. ACT NOW!!

I hope you have an awesome day, packed with smiles while searching for your active Birmingham AL Real Estate Dream.

Mortgage lenders will soon have access to new details about a prospective borrower’s past — such as past rental applications, inquiries to pay-day lenders, and missed child support payments — that will be factored in to a new credit score. Real estate and mortgage data aggregator CoreLogic says it’s signed an agreement to work with Fair Isaac Corp., the owner of the widely used FICO score, to develop new credit risk scores for the U.S. mortgage industry.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

Much of the data CoreLogic collects on consumers hasn’t been available from traditional credit reporting agencies but is important to mortgage lenders, the company said. CoreLogic says it will serve as a “supplemental credit repository,” augmenting data provided by TransUnion, Equifax and Experian with property ownership and mortgage obligation records, property legal filings and tax payment status, rental applications and evictions, inquiries and charge-offs from pay-day and online lenders, and consumer-specific bankruptcies, liens, judgments and child support obligations.

The Santa Ana-based company will generate a CoreScore Credit Report for lenders to alert them to bad debts that might previously have gone undiscovered. The reports may also help some consumers by identifying previously hidden credit history that reflects well on them, the company said. CoreScore consumer information will be “instantly merged” with traditional credit report data “in a single, integrated report only available from CoreLogic,” the company said in announcing the new reports last week.

At that time, it was unclear whether the CoreScore reports would also be used to calculate borrower’s FICO scores. Today, CoreLogic and Fair Isaac announced that they plan to offer mortgage lenders a “credit scoring solution” that will combine data from CoreScore reports with Fair Isaac’s FICO 8 Mortgage Score. That product will serve as the basis for future solutions that “deliver additional loan level insight and support more intelligent and consistent lending decisions,” the companies said.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 10/17/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/11/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 10/11/2011

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ACTIVE REAL ESTATE FORECLOSURES FOR SALE

These are Single Family Homes ‘Active’ on the Birmingham MLS. These homes

are ripe for the picking. Don’t Let them pass you by. ACT NOW!!

I hope you have an awesome day, packed with smiles while searching for your active Birmingham AL Real Estate Dream.

Mortgage lenders will soon have access to new details about a prospective borrower’s past — such as past rental applications, inquiries to pay-day lenders, and missed child support payments — that will be factored in to a new credit score. Real estate and mortgage data aggregator CoreLogic says it’s signed an agreement to work with Fair Isaac Corp., the owner of the widely used FICO score, to develop new credit risk scores for the U.S. mortgage industry.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

Much of the data CoreLogic collects on consumers hasn’t been available from traditional credit reporting agencies but is important to mortgage lenders, the company said. CoreLogic says it will serve as a “supplemental credit repository,” augmenting data provided by TransUnion, Equifax and Experian with property ownership and mortgage obligation records, property legal filings and tax payment status, rental applications and evictions, inquiries and charge-offs from pay-day and online lenders, and consumer-specific bankruptcies, liens, judgments and child support obligations.

The Santa Ana-based company will generate a CoreScore Credit Report for lenders to alert them to bad debts that might previously have gone undiscovered. The reports may also help some consumers by identifying previously hidden credit history that reflects well on them, the company said. CoreScore consumer information will be “instantly merged” with traditional credit report data “in a single, integrated report only available from CoreLogic,” the company said in announcing the new reports last week.

At that time, it was unclear whether the CoreScore reports would also be used to calculate borrower’s FICO scores. Today, CoreLogic and Fair Isaac announced that they plan to offer mortgage lenders a “credit scoring solution” that will combine data from CoreScore reports with Fair Isaac’s FICO 8 Mortgage Score. That product will serve as the basis for future solutions that “deliver additional loan level insight and support more intelligent and consistent lending decisions,” the companies said.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 10/11/2011