Articles about Stop Foreclosure

Many members with the Association of Community Organizations for Reform Now or ACORN highlighted the aspect of maladjustment of loans by the mortgage lenders in a federal program to support the home owners to ward off foreclosures. The campaign alleged that the lenders failed to make proper use of $75-billion Home Affordable Modification Program by [...]

A leading information portal, Foreclosures.com has recently claimed that the foreclosure tide may have finally started turning.

Specialising in foreclosure related information the company supports its claims with figures that show that the rate of foreclosures appears to be dropping over April and May of this year. The data shows that not only has [...]

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 [...]

Planned purchase of Countrywide Financial Corporation by Bank of America (BofA) forced over 90 California community groups to send request letters to BofA seeking the halt of foreclosures. California Reinvestment Coalition drafted the letter asking the bank to devise a plan to help these homeowners retain their homes. This bank acquisition adds 9 Million new [...]

Empty houses with unkempt lawns can ruin communities. It becomes a place where crime and vandalism flourishes, and it slowly brings down the prices of the houses in the neighborhood as time goes by.
Sadly, this is exactly what is happening to most neighborhoods where foreclosures have taken place, and especially where they are more than [...]

Texas Attorney General Greg Abbott has suddenly become extremely perked up about the foreclosure figures that are rising in the real estate segment. It is therefore difficult not to cover his call on some of the state’s major lenders. The call was mainly meant to work to prevent mortgage foreclosures; said homeowners need to [...]

New York State Governor Eliot Spitzer announced that the lenders and the federal government would be considering some securities funds that are mortgage backed as a means to effecitvely balance the turbulence that has badly rocked the real estate market.
The fund that was thus announced may be something just like the $80 billion pool. [...]

Esther Aguilera, CHCI President & CEO said, “The foreclosure crisis we currently face in the Latino community is only going to get worse unless we act now” HOGAR’s, the Congressional Hispanic Caucus Institute’s National Housing Initiative, recommendations are the first concrete steps we must take to protect countless Latinos from losing their homes. CHCI is [...]

The foreclosures prevention program was just recently unveiled by Governor Patrick. However, despite tall claims on this, it isn’t a program that has won over the support of the mortgage lenders who are active in the real estate scenario.
The plan was obviously meant to be a solution that would assist homeowners. Specifically, the program’s scope [...]

A famous author, G.B. Stern stated thus, “Both optimists and pessimists contribute to our society. The optimist invents the airplane and the pessimist the parachute.”
No doubt, it is a bunch of optimists who always initiate policies that are meant to help others and ward off tensions of any kind. That is why it wouldn’t be [...]