This is an interesting tidbit of information from the New York Daily News. It seems that in the investigation of people who have gotten help in restructuring their loan terms, end up missing another payment. It seems that over half of the loans that were checked that had gotten some form [...]
Even in today’s market where foreclosure property can be great buys there are still some rules that you need to abide by and some things that you need to know. We’ll call them home buying tips. This article goes over the six biggest mistakes that homebuyers make from getting pre approved [...]
With the situation slipping from bad to worse the people are taking the matter into their own hands. More foreclosed vacant houses are becoming homes to the homeless. The movement is often headed by organized groups.
Women in Transition in Louisville is one such group. They hunt out properties that can be occupied after being [...]
As the foreclosure clouds darken one cannot see any jobs peeping through. Although there is strong talk about recovery of the market the unemployment picture continues to be bleak. A day after the Federal Reserve announced the ‘leveling out’ of the economy, the government released a depressing data about unemployment having reached more than what [...]
If you are like countless Americans in the world today you have credit card debt that is possibly choking you. The obvious solution has always been when the credit cards get high you just roll them into the mortgage with a debt consolidation loan. That was the way things were done and the way that [...]
Across USA legal action is being initiated against consultants falsely cheating those seeking help to avoid foreclosures. So far 189 suits have been filed. The Federal Trade Commission’s chairperson Jon Leibowitz and the Attorney General of California Edmund G. Brown announced that these steps were part of a national move against false consultants covering 18 [...]
The South Carolina judiciary has stepped in to apply brakes to the foreclosure engine. In the second quarter of this year lenders accelerated their foreclosure activity in Charleston region. At this point the Supreme Court ruling slowed down the pace causing lesser number of foreclosures.
This court-imposed restriction cannot be taken to be an indication that [...]
Let’s start off the recap this time with some good news, that’s something we can all use in this market. This comes from the Miami Herald. New home foreclosures in south Florida have dropped by over fifty percent between May and June of this year and statewide the numbers are down [...]
