On the heels of the devastation left behind by the foreclosure catastrophe are slinking in the vultures and jackals to pick the bones of the dead and dying. These are the scammers – aptly called scam artists for their ability to act out the part of genuine helpers.
Their first suggestion is that the foreclosure [...]
In a statement the former mayor of Cleveland George Voinovich expressed his grave anguished concern for the ongoing foreclosure crisis in US. He is a senator from Ohio (R-Cleveland) and a former Governor.
He is especially concerned about the repercussions of the foreclosure crisis. Cleveland is his hometown and it is one of the [...]
Statistics is pouring in. Analysis varies Foreclosure numbers fell in November from what it was in October making many opine that the peak has been reached and the process of climbing down has begun. Has the market found something to stand on? According to predictions ‘about $500 billion in adjustable-rate-mortgages are due to reset at [...]
The allegation is that for a decade Stonebridge Landings never paid fees to the master community. As a result a huge chunk in south east Orange County is facing foreclosures sandwiched in a tussle between two house owners associations. Of the two the big brother filed a suit to nab 74 houses into the foreclosure [...]
In the raw the jackals and vultures move in when the big predators have had their fill. It seems to be the same today in human society – and that too in America. Victims facing foreclosures are in a traumatized state – ready to clutch at any straw of hope. They cannot think rationally and [...]
The South Side Bank, Shore Bank is a bank with a difference. It lays great stress on community welfare. It has started a new high-interest account on the Internet to attract those savers who are socially committed. Long-term gains are tied to the health of the land and the people who live on it. It [...]
No less a person than the Attorney General of Massachusetts, Coakley, came down heavily against pretentious rescue teams that tempt house owners facing foreclosures to sign over their ownership to temporary buyers nursing a false hope that in the long run they will not lose the roof above their heads.
The recent [...]
