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Foreclosure Threat Still Looming Large

Thursday, October 29th, 2009

The number of households caught up in the foreclosure crisis rose more than 5 percent from summer to fall as a federal effort to assist struggling borrowers was overwhelmed by a flood of defaults among people who lost their jobs.
The foreclosure crisis affected nearly 938,000 properties in the July-September quarter, compared [...]

Foreclosures Could Hit the 25 Million Mark

Thursday, October 15th, 2009

The economic crisis plaguing the globe is sending world markets all awry and foreclosures have started taking the brutal brunt of it. According to “Housing Predictor”, foreclosures may hit the 25 million mark in terms of properties and houses. Housing Predictor speculates that the 25 million figure could be faced very [...]

The Rising Tyranny of Foreclosures

Friday, May 22nd, 2009

The year 2009 saw a great hike in the occurrence of foreclosures and adding to this situation there was an alarming rise in the number of foreclosures in the areas like Collin County and the Dallas-Fort Worth according to the records of Fort Worth based Foreclosure Listing Service. As per the statistics one comes across [...]

Real Estate Boom: Investment Decisions Made Tough by Foreclosures

Thursday, May 21st, 2009

The economic scenario of the property market in 2009 provided a pretty cloudy image due to lowering prices, rising sales figures and an alarming degree of foreclosures. In fact for the ones opting for house buying in the months of summer this is a sad scenario. The confusing situation of falling prices and rising sales [...]

A Reduction in Foreclosures Requested Made to The Bank of America by the House Owners of Southwest Side – Part I

Tuesday, May 19th, 2009

The Bank of America was confronted by the residential heads of Southwest Chicago community who are also a part of the Southwest Organizing Project, in order to make a positive approach to the emerging crisis of foreclosures in the neighboring regions.
A group of delegates comprising of the residential leaders went in for a 20 minutes [...]

The Much Hyped Foreclosures Reducing the San Bernardino Property Standards

Monday, May 18th, 2009

Due to the escalating range of foreclosures for homes in San Bernardino, the existence of the discarded homes and buildings have become an issue of concern as they reflect a negative impact on the neighboring areas and the houses nearby.
Going by the information and statistics collected and assembled by the Economic Development Agency of the [...]

Overgrown Backyards A Common Sight In Florida

Monday, June 2nd, 2008

Speeding up foreclosure sales may be in the best vested interest for each home owner. However, treating it as the silver bullet is really not the way. According to Dustin Hobbs, a spokesperson of a California based Mortgage Bankers Association the best of the lot in the case of any borrowers’ home can be saved [...]

Foreclosure Problems Continue At Oakland II: No Respite In Sight

Monday, April 14th, 2008

Kevin Stein, member of a non-profit Californian Reinvestment Coalition, has stated that the state has remained largely unqualified in trying to meet the foreclosure demands. The daily scenario of low-income status has been quite a problem that hinders any progression for the benefit of the majority. Though the situation is anything less than inhuman [...]

Plan To Help Homeowners In Hampden County Resist Foreclosures

Monday, March 17th, 2008

With the large number of foreclosed properties in Hampden County as seen last year, about 2 million homeowners had to close their real estate properties under the dooming spell of a national security risk. Today several lawmakers have announced the limited distribution of $130 million across the country through the help of counselling of [...]

Summit County Ranks Among The Worst Regions For Foreclosures

Friday, February 8th, 2008

Foreclosure law suits have been filed by both National and foreign banks in this county with Deutsche Bank having filed 557 foreclosure suits in 2007, tops the list of banks having filed such law suits in Summit County; and this when the bank does not even have presence in this county. The other banks making [...]

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