Who We Are: NYOnlineRealty.com is a large foreclosure firm in NY that is looking to aggressively expand. We have 17 years of experience in this REO business and have proven to be very successful working with our banks. We currently have relationships with all of the major players (Bank of America, Chase, Wells Fargo, Indymac, […]

Would you like a Career Opportunity in the Fastest Growing Foreclosure Real Estate Industry? Learn from a leader in the industry NyOnlineRealty.com We are a successful Real Estate Property Owner and Foreclosure Management firm located in Massapequa Park, NY. We are seeking NEW and EXPERIENCED sales associates to become a part of our growing company. […]

BPO SPECIALIST FOR REAL ESTATE COMPANY! NYOnlineRealty.com the growing real estate Investment Company is looking for an Assistant Foreclosure Specialist. If you are a motivated individual and are looking to learn professional work skills, NYOnlineRealty.com is for you. Come join a company that appreciates your services and values your personal experience in real estate. Convenient […]

The Treasury Department released April data for the administration’s Home Affordable Modification Program (HAMP) Monday, showing that permanent modifications have been initiated for 299,092 struggling homeowners. That’s an increase of 68,000 or almost 13 percent over March. Of the nearly 300,000 permanent loan restructurings granted, 3,744 have been cancelled. Eighty-one of those cancellations occurred because […]

Analysts at Barclays Capital say the industry’s ominous shadow inventory is close to topping out. New research published by the firm says the supply of homes nearing REO status, defined as 90 or more days delinquent or in the process of foreclosure, will peak this summer and then begin falling gradually as the market becomes […]

Prosecutors are investigating eight major banks to determine if they provided misleading information to credit ratings agencies in order to deceive investors about the quality of mortgage-backed securities (MBS) they were selling. New York Attorney General Andrew Cuomo has reportedly issued subpoenas to Citigroup, Goldman Sachs, Morgan Stanley, Bank of America’s Merrill Lynch, Credit Suisse, […]

[youtube]http://www.youtube.com/watch?v=uqBViJwK47g[/youtube]Check out the newest Johnny O show. Mark R.A Arenella is in this one so it has to be good.

KDX Ventures, a joint venture between Boston-based DebtX and Hillsborough, North Carolina-based KEMA Advisors, announced Wednesday that it successfully auctioned a HUD portfolio containing $306 million in nonperforming multifamily and healthcare loans. The portfolio consisted of 25 multifamily commercial real estate loans and one healthcare loan, ranging in size from $1.6 million to $44.3 million. […]

YOU have to be local to the area. This position is in house only NyOnlineRealty.com and Allspaces.com is the leading online marketplace for foreclosure properties, and rental properties. We are one of the fastest-growing foreclosure management real estate companies in New York. We are looking for an in house programmer to re develop our web […]

The U.S. housing market is showing some signs of life, according to the default management and valuation firm Integrated Asset Services, LLC (IAS). The Denver-based company said Tuesday that its national benchmark for residential property prices gained 1.1 percent in March. The increase follows seven straight months of declines recorded by the IAS360 House Price […]

Mortgage giant Fannie Mae has reported a net loss of $11.5 billion for the first quarter of 2010. The deficit has prompted the GSE to ask the Treasury for another $8.4 billion in federal funding. Last week, Freddie Mac requested $10.6 billion from the Treasury after it too posted another quarterly loss. According to Fannie […]

After steadily increasing for 12 consecutive quarters, the national mortgage loan delinquency rate—the ratio of borrowers 60 or more days past due on their mortgage—dipped down to 6.77 percent in the first quarter of this year, according to data released Monday by TransUnion. This statistic, which is traditionally seen as a precursor to foreclosure, reflects […]

By John Riha The economy may be keeping a lid on spending, but when it comes to flooring, it’s driving trends. That’s because today’s cost-conscious consumer is more demanding of value than ever. “There’s definitely been a shift from spending to savings, “ says Chris Davis, the president and CEO of the World Floor Covering […]

Home prices across the United States continue to slide in the quarterly context, but industry data released Thursday indicates that when you widen the scope, year-over-year numbers are still showing a healthy bounce-back from the depressed levels recorded in 2009. Add to that the fact that REOs are coming to market at a much slower […]

NEW YORK (CNNMoney.com) — You want to buy a foreclosure? Remember, there are both great opportunities and great pressures and pitfalls in this market. First, you have to decide at what stage of foreclosure you want to buy. There are three options: 1. pre-foreclosure; 2. sheriff’s auction; 3. repossession, called REO (for real estate owned […]