Portland foreclosure rescue scams are on the rise. Detective Liz Cruthers of Portland Police Bureau introduced fraud specialist Richard Hagar to the participants of a meeting held in East Portland.
In localities as well as across the nation mortgage fraud is making its presence felt, according to Hagar who is a renowned expert in the [...]
The foreclosure crisis worsens but the victims are fighting it and struggling to continue to stay in the houses that are their homes. The Government together with the mortgage industry is going all out to address the problem that has gone beyond the boundaries of the playing fields of the lenders and borrowers. All are [...]
The foreclosure mess mires as $25 billion might be required to save Freddie Mac and Fannie Mae. The Congress is putting its best foot forward to stabilize these two mortgage giants. The federal rescue efforts will ultimately come out of the pockets of the taxpayers. The lawmakers argue that by saving them, the foreclosure victims [...]
Sub-primes are no longer the main reasons for foreclosures. Today the main culprit is the rapid decline in real estate prices.
The foreclosure epidemic of North County is rapidly spreading not because of sub-prime so much as because of many other factors that have led to a fall in the real estate market.
Oceanside and east [...]
In the Tri-Cities foreclosures are increasing and this is leading to a rise in the activities of rental agents. In 2007 there were 1,098 foreclosure postings in Saginaw marking a jump of 23%. In Bay County there were 403 evictions showing an increase of 9%. In Midland the tally of foreclosures was 207 – 6% [...]
The expectation in Inland California is that the Green Lien bill will help foreclosure blights. Foreclosures are leading to a chain of abandoned properties that have been repossessed by the banks.
The Elsinore Valley Municipal Water District has proposed a programme that is known as “Green Lien”. It is hoped that this will go a [...]
The volcanic island of Hawaii is in the Pacific Ocean and is the largest island in USA. Its administration is under the control of County of Hawaii having its county seat in Hilo.
In the national foreclosure race Hawaii ranks 45th. Hawaii foreclosures are comparatively less than the other states. In Nevada, California, Arizona, Florida and [...]
Michigan has been especially badly battered by foreclosures, according to Mortgage Bankers Association. Across the country about 2 million houses were in foreclosure during the first three months of the current year, 2008. Foreclosure of houses increased from 42% to 54% nationally. Michigan has been one of the worst hit pockets. In January there were [...]
