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  2. Econohomes - Wikipedia

    en.wikipedia.org/wiki/Econohomes

    Founded. 2006. Headquarters. Austin, Texas. Key people. Jeff Ball. Econohomes is a privately held company based in Austin, Texas, specializing in foreclosures. It's known as real estate owned properties (REO), and specialty financing across the United States. [1][2] The company buys distressed residential properties wholesale and resells them ...

  3. Real Estate Settlement Procedures Act - Wikipedia

    en.wikipedia.org/wiki/Real_Estate_Settlement...

    The Real Estate Settlement Procedures Act (RESPA) was a law passed by the United States Congress in 1974 and codified as Title 12, Chapter 27 of the United States Code, 12 U.S.C. §§ 2601 – 2617. The main objective was to protect homeowners by assisting them in becoming better educated while shopping for real estate services, and eliminating ...

  4. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [1][2] Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower ...

  5. 8 Texas Cities That Could Be Poised For a Housing Crisis - AOL

    www.aol.com/8-texas-cities-could-poised...

    % of homes for sale that are/have been foreclosures: 49.07%. Homeowner vacancy rate: 1.1%. ... Methodology: In order to find the Texas cities that could be poised for a housing crisis ...

  6. 2010 United States foreclosure crisis - Wikipedia

    en.wikipedia.org/wiki/2010_United_States...

    The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, [1][2] refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank of ...

  7. From stock market news to jobs and real estate, it can all be found here. Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it ...

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