Articles about home loans

According to the Mortgage Bankers Association in USA, about one million homes are in the state of foreclosure. A huge number of people have become homeless due to non repayment of home loans. The first quarter report published by the Mortgage Bankers Association has showed that the foreclosure process of millions of homes have been [...]

If the current turmoil caused by the current foreclosure levels was not enough, here is some more potentially devastating news coming your way in the California real estate market. Soon to be released by DataQuick Information Systems, a new report is supposed to show a further rise in foreclosure activity in Southern California, with more [...]

Many of the high prices demanded from the tenants over the past few years have led to many of the problems that have resulted in the present condition of foreclosures. As Rick Shraga of RealtyTrac observes on the staggering state of foreclosures, the full financing are only full of risks. Home prices keep falling rapidly [...]

People who are facing the risk of losing their homes to foreclosure are now going to be helped by the nation’s six largest lenders of mortgage loans. They gave in to pressure from the government in order to stem the flow of foreclosure and are now giving the defaulters a second chance to repay their [...]