http://www.foreclosurelistings.com/blog Articles and news about real estate foreclosure listings Thu, 24 Jul 2008 11:58:55 +0000 http://backend.userland.com/rss092 en The foreclosure rescue bill is poised to take off. By it both borrowers facing foreclosures and banks riddled with foreclosure related losses would benefit. Both the parties are supporting the bill for the general welfare. If all goes well than the bill will sail through the Senate on Friday 25th ... http://www.foreclosurelistings.com/blog/foreclosure/foreclosure-rescue-bill-poised-to-take-off.htm 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 ... http://www.foreclosurelistings.com/blog/foreclosure-homes/sub-prime-no-longer-the-main-reason-for-foreclosures.htm The Federal Bank of Boston and The New England Patriots Charitable Foundation will be hosting a foreclosure prevention workshop at Gillette Stadium. No fees will be charged. It will be held on Tuesday 12th August. Starting from 1 pm it will continue till 8 pm. The workshop will be a ... http://www.foreclosurelistings.com/blog/foreclosure/gillette-stadium-hosting-foreclosure-prevention-workshop-at-boston.htm Reports coming in from Ohio show that the tenants are the silent victims of the foreclosure crisis. Their voices remain unheard. The income of the ordinary people is also going down because of the foreclosure tornado. With more and more people being evicted from their houses the demand for rented accommodation ... http://www.foreclosurelistings.com/blog/foreclosures/foreclosures-in-ohio-silently-victimizing-tenants.htm Statistical evidence shows that over half of all Black borrowers who refinance in 2006 were made to swallow sub-prime mortgages. Latino borrowers faced a similar situation. Together they will suffer a loss ranging from $164 billion to $213 billion in the surging tide of foreclosures that have been wrecking havoc ... http://www.foreclosurelistings.com/blog/foreclosures/afro-americans-and-hispanincs-will-be-absorbing-half-the-nations%e2%80%99s-foreclosure-shock.htm The surging foreclosures have deeply concerned the Federal Reserve Bank. Its San Francisco president, Janet Yellen has taken grave note of the impact on the foreclosures on families and localities. She was speaking at a conference in Los Angeles regarding community stabilization problems following the foreclosure crisis. She said the swift ... http://www.foreclosurelistings.com/blog/foreclosures/san-francisco-foreclosures-deeply-concerning-federal-reserve.htm 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 ... http://www.foreclosurelistings.com/blog/foreclosure-homes/increase-in-foreclosures-lead-to-rise-in-activities-of-rental-agents.htm All the indications are there of the worsening of economic gloom as foreclosures continue to increase unabated. The crisis gripping Fannie Mae and Freddie Mac, the two pillars of the mortgage industry, spells disaster. It means that getting a loan to buy a house is going to be more difficult ... http://www.foreclosurelistings.com/blog/foreclosures/foreclosures-continue-to-increase.htm 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 ... http://www.foreclosurelistings.com/blog/foreclosure-homes/the-green-lien-bill-will-help-foreclosure-blights.htm No matter what the pundits say the dramatic jump of foreclosures in June points to recession. Bush, Bernanke and Paulson know it but will not admit the truth. Foreclosure activity has reached record heights since the 1930’s Depression. The trio thinks that by ignoring facts and looking aside they can ... http://www.foreclosurelistings.com/blog/foreclosures/the-dramatic-jump-of-foreclosures-in-june-points-to-recession.htm