Foreclosures

Mortgage Rates Rise, But Remain Low
Despite the Federal Reserve’s campaign to lower Nashville mortgage rates, Freddie Mac reports a jump in the 30-year fixed rate to 5.25% in the week ended February 5 from 5.10%...
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First Major Condo Project Is Seized
This article entitled “Fifth & Main condos seized for unpaid debts; Wachovia wins court order for receiver” appears in The Tennessean on February 5th, 2009. This article was written by...
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Visual Guide to the Financial Crisis
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Thanks to Mint.com for putting together one of the better visual guides to what caused the current economic downtown. It truly is interesting to see in a flow chart! (click...
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Tennessee Has Two Real Estate “Safe Havens”!
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A recent article on Kiplinger’s website profiles six cities across the U.S., described as “safe havens in real estate” - pockets where the damage from foreclosures and a sagging real...
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Fannie Mae and Freddic Mac Suspend Foreclosures
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Well, here's some semi-encouraging news for those who are close to eviction:"The two mortgage giants (Fannie Mae and Freddic Mac) have issued a notice to its loan servicing organizations and...
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National Foreclosures Rise in 2nd Quarter
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On Friday, RealtyTrac released their national quarterly report on foreclosures, showing a 14% RISE in foreclosure filings in the second quarter of 2008. The report also shows that nationally one...
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