Articles about Virginia Foreclosures

The tremendous increase in foreclosures in Virginia has heavily affected the real estate industry of the region. It has been found that the foreclosure rate has almost tripled in July 2008 than what it was in July last year. Half of these foreclosure homes have been arrested in Northern Virginia. In July, the highest rate [...]

The increasing rate of foreclosure homes nationwide has led to the introduction of a new program by the Yorktown Division of Housing. This program aims to provide help to the people in fighting the real estate foreclosure. A total of 5,800 foreclosures have been recorded across the state in the second half of 2007. Out [...]

The Bush Administration is trying to save mortgage giants Fannie Mae and Freddie Mac, in order to prevent the nation’s economy crashing in mortgage defaults. The President and the Senators are eagerly waiting to pass a foreclosure aid plan. It would help 400,000 real estate owners in getting affordable fixed-rate loans. The White House approved [...]

The Fairfax County Board of Supervisors has passed a notice that they are going to fight rigorously to cut down the damaging foreclosure crisis. A three-pronged policy has been planned to create the deal with the Fairfax foreclosure crisis which involves in acquiring, reinstalling, along with revamping and selling off some of the more affected [...]

Foreclosure projections have increased as the payments have jumped up. The total number of home owners who have to deal with the increasing amount of adjustable mortgage payments have been going on a high this summer. Efforts from lenders are being made in an all-round manner so that these owners are kept out of foreclosures [...]