Comments on: Mr Mortgage – BREAKING APRIL CA FORECLOSURE STATS

By: Mr. Mortgage’s Guide to the TRUTH! » Mr Mortgage - RECORD-BREAKING MAY CA FORECLOSURE REPORT

Wed, 11 Jun 2008 15:57:18 +0000

[...] This was a near 9% increase month-over-month. Last month $9.237 Billion went back to the bank. See my April CA Foreclosure Report. It is obvious that the foreclosure crisis is continuing to worsen. If the banks are lucky and sell [...]

By: Mr. Mortgage’s Guide to the TRUTH! » 6.2.08 - Mr Mortgage’s News Picks of the Day!

Mon, 02 Jun 2008 13:12:22 +0000

[...] estate is being marked to market overnight by lenders dumping homes at massive discounts. See my April Foreclosure Report for more on this [...]

By: Mr. Mortgage’s Guide to the TRUTH! » CA Housing Stats…The Real Story. 4.25 Years Supply!

Fri, 30 May 2008 20:17:25 +0000

[...] see Breaking CA April Foreclosure Stats – [...]

By: Mr. Mortgage’s Guide to the TRUTH! » Investors Putting Bad Loans Back To Lenders - This Is Only The Beginning.

Wed, 28 May 2008 15:19:35 +0000

[...] April CA Foreclosure Stats – Getting Worse Quickly [...]

By: Mr. Mortgage’s Guide to the TRUTH! » David Einhorn’s ‘Must-Read’ Speech Exposing Lehman’s Lies

Tue, 27 May 2008 17:30:34 +0000

[...] Mr Mortgage – Breaking April CA Foreclosure Stats [...]

By: Mr. Mortgage’s Guide to the TRUTH!

Mr. Mortgage’s Guide to the TRUTH! — Thu, 22 May 2008 04:25:32 +0000

[...] Guide to the TRUTH! » MR MORTGAGE – April CA Home Sales Rise…So Do Inventories! on Mr Mortgage – BREAKING APRIL CA FORECLOSURE STATSadmin on Mr Mortgage – ‘Short-Refinances’ Gaining Popularity..linda on Mr Mortgage – [...]

By: Mr. Mortgage’s Guide to the TRUTH! » MR MORTGAGE - April CA Home Sales Rise…So Do Inventories!

Thu, 22 May 2008 03:57:42 +0000

[...] DataQuick reported that a total of 31,150 new and resale houses and condos were sold statewide last month, up 26.8 percent from March and down 10.9% from April last year. Last month’s total made for the slowest April since 1995. The question here is, ‘are we chewing through inventory’ and the answer is, NO. Of the sales, 37.7% (11,750) were foreclosure resale’s. Most of this 11,750 is from the bank REO stock, which is the ’shadow inventory’ I always talk about. These homes are typically sold through real estate agents or large auction aggregators such as the Real Estate Disposition Corp (REDC) . Bank REO sales are counted in the existing home sales figures released each month that gets the stock market so hot and bothered. Only a very small percentage of bank REO has been sold each month until very recently when the numbers increased dramatically. These homes are being sold at massive discounts to the note amount and pose the real threat to home prices across the nation. At 37.7% of all sales, this inventory is quickly becoming ‘the market’ and is rarely accounted for in the ‘month’s supply’ numbers released each month by the NRA because it is not listed in the MLS in most cases. I talk about it in my April Foreclosure Report released last week. http://mrmortgage.ml-implode.com/2008/05/13/84/ [...]

By: Mr. Mortgage’s Guide to the TRUTH! » Mr Mortgage - ‘Short-Refinances’ Gaining Popularity..

Wed, 21 May 2008 21:36:42 +0000

[...] Breaking CA Foreclosure Stats [...]

By: Mr. Mortgage’s Guide to the TRUTH! » Mortgage Applications & Fundings Are Surging. But…

Wed, 21 May 2008 17:49:52 +0000

[...] Mr Mortgage – BREAKING APRIL CA FORECLOSURE STATS [...]

By: Words from the (investment) wise for the week that was (May 12 – 18, 2008) | Stock Market News & Stocks to Watch from StraightStocks

Sun, 18 May 2008 22:59:41 +0000

[...] Mr Mortgage, May 13, [...]