Articles about Foreclosure Victims
The corridors of power at the White House and the Senate have spent numerous months in experimenting with measures that will contain the foreclosure crisis. But to the ordinary man overwhelmed with loan the very process of trying to get assistance may seem confusing. But there are many options for foreclosure victims. Last July, a [...]
Foreclosures have claimed another victim. A woman sets fire to her house and then killed herself. According to police reports, Wanda Dunn, 53, in a planned way packed her bags on the night prior to her death. She left them on the front doorsteps of her neighbour together with instructions about what they should do [...]
Jacqueline Scott is one of the many who have benefited from Hope America. This Ypsilanti based agency spells hope for many foreclosure victims. In 2006 Scott came to know that the unit where she was working would soon shut down. She promptly contacted her mortgage lender apprising the lending firm of her dilemma but they [...]
Foreclosure rescue companies are duping victims with teasing signboards promising purchase of house with cash or refinancing the loan with the bonus of a 7 day vacation! They take a fee ranging from $1,000 to $2,500 promising the sky. The line of approach is the same everywhere with variations from one case to another. The [...]
Metro bus driver Eduardo Montesiro was one of the many house owners who crowded in to attend the Watsonville housing symposium held to help foreclosure victims last Saturday. It was organized by credit and mortgage specialists. Attendance was free. Eduardo somehow slipped through the foreclosure net that trapped about 250 house owners in Santa Cruz [...]
Oakdale Neighbours is a group working in tandem with Macatawa Bank. It has organized a twelve week course for those who are facing foreclosures. The Oakdale area is losing houses and house owners to foreclosures much faster than any other city A recent survey conducted by Community Research Institute of Grand Valley State University show [...]
In September 2007 50,000 or more residents of Maryland were lagging behind in mortgage payments. Experts opine that this year the numbers will increase with adjustable mortgage rates ready to reset to higher levels. However there is no point in negative worry. Help is available. The first thing is to contact the lender. Today lenders [...]
Foreclosures are rising and so are help agencies and workshops. The authorities are desperately looking for a way out of this impasse. Henry Paulson, the Secretary of U.S Treasury hinted that the federal government might add more features to its current programme to help foreclosure victims. Paulson was addressing New York Society of Securities Analysts. [...]
