Author Archives: The Default News

About The Default News

Since 2007, Annemarie du LeBohn has provided resources and insight into the mortgage default and real estate industry. In 2010 she established Le Bon Publishing Inc. as the parent company of a few independent news source. Its mission is to make it easier for consumers, investors and real estate professionals to gain insight into the mortgage default and real estate industry. Traditionally, it has been difficult to find information about the foreclosure process. Usually insight was available only in a few ways: 1. The lien holder, but it’s difficult to reach decision maker 2. Credit clinics, yet they require a fee for service 3. Counseling agencies, many don’t have specific details for each lien holder Le Bon Publishing has mobilized its resources, contacts and trade associations to give homeowners and real estate professionals quality information that was usually only available to industry insiders. We believe that providing insight into the foreclosure and real estate process creates a triple bottom-line benefit (social, economic and environmental) for all stakeholders – homeowners, lenders, real estate professionals, municipalities. Le Bon Publishing keeps you informed through three divisions: Blog - The Default News, provides commentary, free foreclosure resources per state and links to nearly 80 companies that manage bank-owned/REO listing – enabling you to directly search their property listing.

The State of Foreclosures & REOs

Rick Sharga from RealtyTrac spoke at the NAREB’s national convention last week, and here are a few notes from his presentation. There are two (potentially three) waves of foreclosure. 1st Wave, 2006 – 2010 This wave was started by sub-prime … Continue reading

Posted in Banks, Education, Foreclosure, Homeowner, Homeowners Facing Foreclosure, Housing Market, Investor, Investors Looking to buy Bank-Owned/REO Properties, REO, REO Listings, Strategic default | Tagged | Leave a comment

U.S. Lost. Triple AAA gone.

In 2005 I was hired by a national real estate network to study the mortgage default process and to create synergistic relationships between that sector and the network. The goal was to create REO buying opportunities for the network’s investors. … Continue reading

Posted in Government, Housing Market, Politics & Policies, Treasury, Uncategorized | Leave a comment

Why we own $14.3 trillion in debt

Nothing new here … sweaty palms in Washington and bickering bantors keep history alive. Thanks to The New York Times, here’s a quick glance at our historic accumulations and who holds what, causing the U.S. to have $14.3 trillion in … Continue reading

Posted in Banks, Education, Government, Investor, Lending, Media | Leave a comment

Global Economics

Keep thinking about a comment from Chris Thornberg, “The U.S. economy will improve once Greece’s economy improves.” Today CNN Money reported that Moody’s Investors Service downgraded Greece again, to one class above default, following a new bailout package from its … Continue reading

Posted in Bailout, Banks, Education, Government, Investor, Media, Politics & Policies, Treasury | Leave a comment

5 tips for a successful short sale

Many thanks to Broker Bryant in Poinciana, FL for providing these good proactive, short sale tips. It was originally written to help agents avoid legal troubles, but I made a few changes to show homeowners the advice could also apply … Continue reading

Posted in Banks, Education, Homeowner, Investor, Legal, Short Sale | Leave a comment

Moody, Foreclosures and Debt

It’ll be interesting to watch our government and housing sector during the next three weeks. Here are three topics I’ll keep an extra eye on. 1. Moody; last night Moody warned that the U.S. AAA bond rating was in peril … Continue reading

Posted in Banks, Education, Foreclosure, Government, Homeowner, Housing Market, Legal, Lending, Media, REO, Treasury, Uncategorized | Leave a comment

Sustainable companies

On July 10th, I wrote about the essence of Corporate Social Responsibility (CSR). With that insight, let’s focus on how CSR can be implemented into the mortgage default sector. For starters, lenders, servicers, outsourcers, agents, and other real estate professionals … Continue reading

Posted in Education | Leave a comment