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16 Percent Decline in Maryland Foreclosure: Surge Expected Soon

Wednesday, December 10th, 2008

The rate of foreclosures in the real estate of Maryland have dropped by nearly 16 percent during the three month duration that came to an end in September in comparison to what it was in the second quarter. However, according to some officials of the state, this decline in the rate of foreclosure is something [...]

High Foreclosure Rates In April

Monday, June 2nd, 2008

California had the highest number of properties facing foreclosures with 64,683 foreclosed homes and the number being on rise as well. The rate of increase had occurred by 112% from April 2007. However, the number of properties facing foreclosure, have a declining rate which has been less than 1% in fact! The state had also [...]

Foreclosures Keep Soaring Nationwide With California In The Lead

Friday, May 30th, 2008

California is in the leads currently with its foreclosure rates soaring way higher than the rest. One out of every 204 households in California now is in some way or the other related to foreclosure. According to a report from RealtyTrac, the rate is just half the total that it used to be in March. [...]

Frederick Foreclosure Crisis Continues – II

Tuesday, May 27th, 2008

The sub-prime loan rates that have prevailed with most of the homes loaned in Frederick County are all essentially adjustable rate loans. One of the ways this loan has garnered customers is to help buyers who are able to make lower credit payments or have poor credit payment histories, to get them to obtain their [...]

Frederick Foreclosures Continue Unabated – I

Monday, May 26th, 2008

The year 2006 witnessed about 455 foreclosures being filed in Frederick County Circuit Court. The number has however reached twice that of what it was in the current year. April has seen that the number has already reached 485 and financial experts predict a much higher rise in the months to come. At this rate, [...]

Foreclosure Pains Creating New Problems For House Owners

Monday, May 19th, 2008

The huge housing slump has created a new breed of accidental renting. People who have undergone the painful experience of foreclosure are finding themselves navigating into territories where real estate prices are tight, and securing a rental market after the blows of losing their own homes is not easy at all.
Over hundreds of thousands [...]

Assembly Helps To Steady Foreclosures In Maryland

Friday, April 18th, 2008

At Maryland, many homeowners are now being faced with the scourge of foreclosures that are spreading like a plague across the nation. The legislation has now aimed at helping them to rise above the tide of the overpowering foreclosure rates. A House Committee has been set for full-fledged action to take place. This has [...]

New bill Help Combat Foreclosure In Maryland

Thursday, April 17th, 2008

Mortgage fraud bills that serve to fight against impeding foreclosures and real estate properties lying foreclosed and rough handled, have been able to extract many of these properties from sliding into oblivion. According to the legislative authorities and analysts who deal with real estate issues, this bill alone has brought about many refreshing changes. The [...]

Maryland Foreclosures Shoot Up

Friday, April 11th, 2008

The rates for foreclosures in Maryland have gone on a national level high and the number has gone up with a record of 150% in the past one year itself. By the end of the year, over 13,000 homeowners have faced the loss of their real estate properties, as stated by the Mortgage Bankers [...]

New Legislation To Control Foreclosure Crisis In Maryland

Monday, March 31st, 2008

To combat the ever increasing problem of foreclosure in Maryland, the state lawmakers are embarking on a very ambitious legislation which will manage the real estate crisis by intensifying the process of mortgage lending and homeowner protections. A number of bills have made advancements in the General Assembly and all these together can bring an [...]

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