Articles about distress

Connecticut, a state that is ideally situated in the New England region of north-eastern USA is today a victim of foreclosures. There has been a tremendous rate of house foreclosures in the cities of Connecticut and the worst sufferer is the Windham County. Even after this, the foreclosures and distress sales of this state are [...]

The foreclosure situation in central Texas, around Austin continues to be very grim. Federal efforts were being made to help homeowners facing distress, but inspite of this, the rate of foreclosure is continuing to rise alarmingly in Austin. The records maintained by Foreclosure Listing Service show that the number of postings made for the 6th [...]

Dr. Raymond Turner, a professor of economics at the Anne Arundel Community College has given his insight that the financial difficulty has been largely due to people’s inability to meet their rising mortgage rates. This has most likely resulted in the cutting down of other services such as beauty salon appointments or high-priced tickets.
Even the [...]