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Brad Koenig

February foreclosure list Waukesha County Wisconsin

02-04-09
Brad Koenig

Below you will find a list of all the foreclosure homes in Waukesha County for February. For a complete list or if you have questions on buying foreclosures feel free to contact us.

Brad Koenig
www.YourLocalHomeTeam.com
262-719-7393

February 9th, 2009

Tate Management, LLC v. Kevin S. Boemer, et al. 07CV1388

The Equitable Bank, S.S.B. v. Ronald Chris & M. Charlotte Huff, et al. 07CV1670

The Bank of New York v. Matthew L. & Andrea Rummery, et al. 07CV1903

HSBC Bank USA, National Association v. Robert Olbrot, et al. 07CV2586

AnchorBank, FSB v. Deer Creek Homes, et al. 07CV3482

Aurora Loan Services, LLC v. Dale W. Whitlock, et al. 08CV295

National City Mortgage, Inc. v. Michele M. Barkstrom, et al. 08CV947

U.S. Bank, National Association v. Matthew Hill, et al. 08CV991

Sun Trust Mortgage v. Edward J. & Courtney A. Anderson, et al. 08CV1091

Countrywide Home Loans, Inc. v. Nasira Begum, et al. 08CV1142

US Bank National Association v. James Kinnard, et al. 08CV1366

M&I Marshall & Ilsley Bank v. David R. Seliger & Karyne T. Sullivan, et al. 08CV1572

Household Finance Corporation III v. James J. & Vicki L. Stark, et al. 08CV1879

WM Specialty Mortgage, LLC v. Daniel M. & Becky S. Waite, et al. 08CV2277

Bank of America, N.A. v. Vickie K. & Robert D. Kelsall, et al. 08CV2725

Gonzalo Benitez & Maribel Albiter, et al. 08CV2838

Countrywide Home Loans, Inc. v. George Satula, et al. 08CV2847

Bank of New York v. Bobbi A. Jensen, as Personal Representative of the Estate of Robert J. Jeske, Deceased 08CV2971

Deutsche Bank National Trust Company v. Sam Saengphaphat & Quyen Ma, et al. 08CV3229

February 16th, 2009

US Bank National Association v. Ferlisha Ancannet Finch-Ivy, et al. 06CV3234

The Bank of New York Trust Company, NA v. Karl D. & Judith A. Pierce, et al. 07CV1596

LaSalle Bank National Association v. Anna M. Calderon, et al. 07CV2121

Provident Funding Associates, LP v. Debra J. Doss, et al. 08CV233

The Bank of New York v. Gary L. Schroeder & Sandra Torres-Schroeder, et al. 08CV693

Chase Home Finance, LLC v. Dale R. & Alice Wittenburg, et al. 08CV1066

U.S. Bank National Association v. Rick & Kathleen Scheffler, et al. 08CV1806

Mortgage Electronic Registration Systems, Inc. v. Rafael Moreno, et al. 08CV1618

Wells Fargo Bank, N.A. v. Patrick C. & Susan A. Poenisch, et al. 08CV1894

Countrywide Home Loans, Inc. v. Jeffrey H. Stockhausen, et al. 08CV1899

Wells Fargo Bank, N.A. v. Sharon A. & Larry L. Wiesner, et al. 08CV1930

GMAC Mortgage, LLC v. Mike A. & Deborah D. Wilde, et al. 08CV2014

Wells Fargo Bank, N.A. v. Gregory S. & T. Hillary M. Fry, et al. 08CV2043

CitiMortgage, Inc. v. Robin A. Flory, et al. 08CV2158

Countrywide Home Loans, Inc. v. Benina M. Vasquez, et al. 08CV2250

Associated Bank, N.A. v. Bruce J. Sarnowski, et al. 08CV2408

Waukesha State Bank v. Great Northern BBQ Company, LLC., et al. 08CV2488

Waukesha State Bank v. John E. Stefanik & Melinda S. Feih, et al. 08CV3520

February 23rd, 2009

PHH Mortgage Corporation v. Mark R. & Katherine A. Kramer, et al. 06CV3087

Saxon Mortgage Services, Inc. v. Michael C. Thiess, et al. 07CV2238

The Bank of New York Mellon v. Wendy K. Gillespie 07CV3317

M&I Marshall & Ilsley Bank v. Kevin W. & Lynn M. O'Connor, et al. 07CV3548

Frank A. Richter, et al. v. Turning Leaf Development, LLC, et al. 08CV459

Farmers & Merchants State Bank v. Dennis D. Robus, et al. 08CV519

Wells Fargo Bank, N.A. v. Mark A. & Valerie L. Ecton, et al. 08CV538

GMAC Mortgage, LLC v. Diana Munn & Paul Doro, et al. 08CV690

Deutsche Bank National Trust Company v. Raymond T. & Carol N. Maestas, et al. 08CV1032

Deutsche Bank National Trust Company v. Denise A. Hanson, et al. 08CV1543

GMAC Mortgage, LLC v. Michael W. Feih & Christine E. Hayne, et al. 08CV1547

Wachovia Mortgage, FSB v. Sallyann E. Kiepert, et al. 08CV1560

Continental Savings Bank v. Peninsula Drive One, LLC, et al. 08CV1945

The Bank of New York Trust Company v. Jeffery W. & Cathy A. Hansen, et al. 08cv2042

U.S. Bank National Association v. Sharyn Lee Wagner 08CV2088

Deutsche Bank National Trust Company v. Chad Paris, et al. 08CV2345

Countrywide Home Loans, Inc. v. Estate of Steven L. Hughes, et al. 08CV3004

Wachovia Mortgage, FSB v. Sallyann E. Kiepert, et al. 08CV3417

CitiMortgage, Inc. v. Russell J. & Julene S. Southcott, et al. 08CV3633

February foreclosure list Jefferson County Wisconsin

02-04-09
Brad Koenig

Below you will find a list of all the foreclosure homes in Jefferson County for February. For a complete list or if you have questions on buying foreclosure feel free to contact us.

Brad Koenig
www.YourLocalHomeTeam.com
262-719-7393

February 4, 2009 - PHH Mortgage Corporation vs Alvarado 08CV419, 605 Shah Av, Fort Atkinson

February 4, 2009 - Wells Fargo vs Marshall 08CV273, 129 Michelle Dr, Johnson Creek

February 4, 2009 - Badger Bank vs Saunders 08CV123, 309 Jackson St, Fort Atkinson

February 4, 2009 - Bank of Lake Mills vs Carlson Management LLC 08CV241, Cty Tk G, Lake Mills CANCELLED

February 4, 2009 - Deutsche Bank vs Kaulfuerst 08CV455, 414 Dewey Av, Watertown

February 4, 2009 - CitiMortgage vs Miguel 08CV235, 401 W Milwaukee St, Watertown

February 4, 2009 - National City Bank vs McCarthy 08CV707, N8228 Cty Tk E, Ixonia

February 4, 2009 - Chase Home Finance vs Cranford 08CV613, W4484 Riverview Rd, Watertown

February 11, 2009 - Bank of Lake Mills vs Hoeppner 08CV551, 310 Louise St, Lake Mills

February 11, 2009 - Deutsche Bank vs Owen 06CV517, 316 Jefferson St, Fort Atkinson

February 11, 2009 - Wells Fargo Bank vs Stahl 08CV357, W6656 Hoard Rd, Fort Atkinson

February 11, 2009 - Bank of New York vs Dalton 08CV444, 624 Arlington Way, Watertown

February 11, 2009 - US Bank vs Hooper 08CV364, W7061 Cty Tk A, Lake Mills

February 11, 2009 - US Bank vs Lapp 08CV331, 422 N High St, Fort Atkinson

February 11, 2009 - Countrywide Home Loans vs Kruesel 07CV796, 1027 Boughton St, Watertown CANCELLED

February 11, 2009 - Associated Bank vs Zimmerman 08CV183, 1105 S 10th St, Watertown

February 11, 2009 - National Asset Direct Acquisition vs Gorniak 08CV342, 1008 Blackhawk Dr, Fort Atkinson

February 11, 2009 - Washington Mutual Bank vs Mulkey 08CV771, 106 E Riverview Dr, Jefferson

February 11, 2009 - Wells Fargo Bank vs Jahn 08CV236, 501 S 2nd St, Watertown

February 11, 2009 - US Bank vs Connolly 07CV556, 215 Anson Ct, Jefferson

February 25, 2009 - Chase Home Finance vs Yurkonis 08CV348, W9288 Oakland Rd, Cambridge

February 25, 2009 - LaSalle Bank vs Jilek 08CV474, 41 South St, Fort Atkinson

February 25, 2009 - Ocwen Loan Servicing vs Lapin 08CV263, 202 S 5 St, Watertown

February 25, 2009 - Manufacturers & Traders Trust Company vs Uhe 08CV543, N2785 Hy 89, Fort Atkinson

February 25, 2009 - Wells Fargo Bank vs Paris 08CV479, 940 Jason Dr, Waterloo

February 25, 2009 - JP Morgan Chase Bank vs Braatz 07CV555, 223 N Water St, Watertown

February 25, 2009 - Wachovia Bank vs Yauck 08CV483, 211 Riverlawn Av, Watertown

February 25, 2009 - MERS vs Marez 08CV778, 413 N High St, Fort Atkinson

How The Rising Cost Of Private Mortgage Insurance

02-03-09
Brad Koenig

Another day, another piece of evidence that "waiting for mortgage rates to fall" is a flawed financial strategy.

This time, we look at private mortgage insurance.

Versus last year, PMI defaults are up 40 percent and mortgage insurers are booking huge losses. In response, they're taking a page out of Fannie Mae's playbook.

First, to help reduce the number of defaults nationwide, the PMI companies have dramatically tightened their underwriting guidelines. The new requirements include minimum credit scores and maximum loan-to-value checks, among others.

And, second, they've raised their fees.

Because most mortgage lenders require PMI when the borrower's equity stake is under 20 percent, the combined effect of these two changes is that fewer Americans can qualify for high LTV home loans, and the ones that can qualify have to pay more to insure themselves.

The chart at right puts it in perspective:

  • At 85% LTV, new PMI premiums add 0.210% to homeowner housing costs
  • At 90% LTV, new PMI premiums add 0.250% to homeowner housing costs

In other words, mortgage rates could fall by a quarter, but for certain homeowners for whom PMI is mandated, it wouldn't make a difference -- mortgage market gains are being offset by PMI rate hikes.

IRL, the rate hike in PMI impacts a hypothetical homeowner refinancing his 90% loan-to-value, $250,000, 30-year fixed rate mortgage as follows:

  • Pre-October 2008: The 0.47 PMI rate yielded a monthly payment of $97.92
  • Post-October 2008: The 0.72 PMI rate yields a monthly payment of $150.00

That's an extra $625 in PMI costs annually.

Private mortgage insurance premiums are on the rise because mortgage defaults are on the rise. It would be like Tampa Bay getting hit by Hurricane Phil, causing the insurance companies to unilaterally raising their cost of Bay Area coverage. Once bit, twice profitable, they always say

This month's PMI premium increase is the second rate hike of 2008, largely in response to the soaring volume of new claims filed by lenders. And, with defaults showing few signs of a slowdown, it's likely PMI rates will rise again.

A Complete, Interactive Multi-Media Marketing Package Available Exclusively to First Weber Group throughout Wisconsin!

01-30-09
Brad Koenig

News Release provided by:

Bradley Koenig, Your Local Home Team
www.YourLocalHomeTeam.com

262-719-7393

Brad@YourLocalHomeTeam.com

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262-719-7393

Dane, Jefferson, and Waukesha County Market Statistics (July-December 2008)

01-07-09
Brad Koenig

Interested in what the market is doing in your city? Below are links to the reports showing all the single-family homes that sold between July 1, 2008, and December 31, 2008, in Dane, Jefferson, and Waukesha County.

Each report shows the size of the home, number of bedrooms and bathrooms, how much the home was listed for and what it finally sold for. This way you can easily compare your home to the homes on the list and get an idea of what your home might sell for in today's market.

Dane County
o Cambridge (also Jefferson County)
o Oregon
o Stoughton
o Sun Prairie

Jefferson County
o Fort Atkinson
o Ixonia
o Jefferson
o Johnson Creek
o Lake Mills
o Waterloo
o Watertown (also Dodge County)
o Whitewater (also Walworth County)

Waukesha County
o Brookfield
o Delafield
o Dousman
o Hartland
o Mukwonago
o Muskego
o New Berlin
o Oconomowoc
o Pewaukee
o Sussex
o Waukesha

If you do not see your town listed or you are interested in condominium statistics for any of these areas, please let us know and we will post the appropriate report.

These reports can be found on our website at www.yourlocalhometeam.com/marketstats Please feel free to visit and bookmark this page because we will update the reports on that page on a monthly basis, so you are always up-to-date!