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Posts Tagged ‘virginia’

Area Foreclosure On A Rise Over 2008

Friday, March 27th, 2009

Newport news viewed between January and February, a hike of about 29 percent in the counting of homes headed near to foreclosure. Whereas, according to a statistics from ReatyTrac, in Suffolk they saw a jump of 45 percent. RealtyTrac, tracks foreclosure nationally.
The other counties and cities in Hampton Roads saw a drop.
However, over the year, [...]

Foreclosure Problems In Frederick

Wednesday, April 9th, 2008

As new filings come to take place in Frederick County, it has been observed that they have fallen throughout this January rapidly. However, during the same time, there has been a continual rise of foreclosures in the rest of the country. After months, the country’s ranking has dropped to 12th, while the rest of the [...]

Foreclosures In Virginia Up 30%

Tuesday, April 8th, 2008

The state of Virginia experienced a total of 5,152 filings for foreclosure at the rate of one filling out of every 616 homes. This has been onto a 30% increase as compared to the filings of last month. Virginia’s foreclosure fillings rated it 14th in the nation’s foreclosure rankings this month. This has accounted for [...]

Virginia’s Governor Seeks Help For Foreclosures

Thursday, March 13th, 2008

The governor, Timothy Kaine seeks help for meeting the demands of mortgage faced by borrowers of that area. Most borrowers being on the verge of facing foreclosures, this has been a primary concern for the development of the state. The rapid stemming up of foreclosures in Virginia has made it impossible to make a good [...]

Role Of Banking In Controlling Foreclosures

Tuesday, February 12th, 2008

Area loan officers of Southern West Virginia and Southwest Virginia declared that as the banking there was more conservative and stuck to more traditional practices, the region was able to avoid the mounting rate of foreclosures that was breaking out all over the nation.
An increase in the adjustable interest rates on subprime mortgages in [...]

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