RMX Bank Properties

09/05/2010

Florida has set up foreclosures-only courts to reduce the state’s huge backlog of cases, but borrowers’ lawyers are critical of the process.

08/27/2010

Just in case you're wondering how we got where we are in this financial crisis.

As investors left the market in the run-up to the meltdown, Wall Street created fake demand, increasing their bonuses — and ultimately making the crisis worse.

08/22/2010

The great American Dream of owning a home has never looked so impossible to achieve: roughly 1.65 million homes are in the foreclosure pipeline, housing prices are at an all-time low, and nearly 7% of mortgage holders are more than 60 days late on their payments. Despite the dreary picture, there a...

07/29/2010

NEW YORK (Reuters) - Foreclosures rose in 3 of every four large U.S. metro areas in this year's first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday.

07/27/2010

and you were probably thinking things could not possibly get worse

This week headlines across the United States screamed thatnew home sales in theU.S.had declined to the lowest level since the U.S. government began

07/09/2010

07/07/2010

The average beneficiary of the Obama administration's flagship homeowner-assistance program owes their mortgage lender more than $1.50 for every dollar their home is worth, which means they fall into the stratum of homeowners most likely to simply walk away from their mortgages, recent government da...

07/01/2010

Short sales have been the hot solution for financially stressed homeowners and their lenders for the past year, but here's another potent foreclosure alternative that's about to take center stage: deeds in lieu.

06/15/2010

I just posted 2 more new listings on my website. Visit reidbutterfield.com and click on featured listings to see them.

Reid Butterfield specializes in Bethesda MD Homes, Real Estate, and Property Listings

06/08/2010

Calling all investors, great new listing in Silver Spring. This place needs work.

Bank owned, needs work. Great location near Wheaton metro

06/04/2010

While it has been standard practice for officers at the online Lending Club to verify a borrower's income and run a credit check before approving loans, these days they also check out any public information about an applicant on Internet social websites.

06/03/2010

I've got a new website www.reidbutterfield.com

Reid Butterfield specializes in Bethesda MD Homes, Real Estate, and Property Listings