Foreclosures have changed the diplomatic seating arrangements on the global dining table – such has been the impact of the housing related crisis.
The two important precedents of importance to the meeting between Obama and Yang have been those between USA and India. During the first years of his presidency (first term) Bush casually [...]
The fall out from foreclosures affects all and not just the direct players in the game – the lenders and borrows.
In Michigan after exiting from the ministry ten years ago, Greg Sterns became the financial manager of Lighthouse, Oakland County. It is a non-profit body based in Pontiac. His job was [...]
Some pundits are optimistic and opine that USA will recover from the foreclosure crisis. The doomsayers of California are now singing another tune after surveying the Inland Empire. The bold message is that the country is going to survive this debacle in the near future.
The forecast by Chris Thornberg is not unrealistically coloured [...]
The winter of foreclosures in Southampton Village is biting cold. It is the summer retreat for the moneyed class of New York. But here too foreclosures are making its presence felt with sale signs posted on driveways.
One house on Osborne Avenue is suffering this sign for 8 long years. Poring through the records [...]
There are many solutions to the foreclosure problem but unfortunately Washington has not seriously weighed the pros and cons of the ideas that are being put forth. As such there is no noticeable progress.
A large number of residential houses have gone underwater – the loans being bigger than the value of the house. [...]
Foreclosures today are opening up many opportunities for investors and others in Katy. About a year previously nearly three fourths of the houses sitting on the shop shelves waiting to be sold in Bear Creek Meadow sub-division of Katy belonged to the foreclosure category. Many stood vacant, deserted and eerie. Many of those who did [...]
The foreclosure prevention measures being initiated by the Obama administration is beginning to trickle down to the ground levels. The new federal programme will in all likelihood benefit the homeowners in Twin Tiers that are facing foreclosure. This is the opinion of the housing counselors of the area. But they are also warning that the [...]
Like vultures, the con artists and fraudsters are honing in to scavenge on the killing fields of foreclosures. They are getting caught but in most of the cases they manage to escape going to jail.
The fraudsters have named themselves loan modifications consultants or negotiators and even specialists. Some of them have the mask of [...]
