Articles about mortgage loans

The US House had recently passed a bill containing the message that the government would offer an insurance of over $300 billion in the form of new mortgage loans, so that there could be easy refinancing of loans on an estimated half a billion borrowings that were about to face foreclosures. Particularly those were in [...]

In an unexpected development last Tuesday, property statistics company Realty Trac reported that foreclosure filings for the month of March 2008 have actually gone up by 57% compared to the same period last year.
Painting an exceedingly grim picture for the near future, this report showed that more and more people are not being able to [...]

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 [...]

Foreclosure law suits have been filed by both National and foreign banks in this county with Deutsche Bank having filed 557 foreclosure suits in 2007, tops the list of banks having filed such law suits in Summit County; and this when the bank does not even have presence in this county. The other banks making [...]

With the overall up rise in the number of foreclosures all over Anne Arundel County a very slow progress in the economy has taken place. The gradual stunting of consumer spending, hiking down of prices of other services and goods, denigrated social status and new deals have come to the forefront of the economy, giving [...]

Move aims at aiding high cost funding in real estate and prevents foreclosures by investors. All those who always wanted to invest in real estate or were contemplating foreclosures, now have some great news to cheer about. The economic stimulus plan initiated by the government has many provisions to tackle the current slack in [...]