Foreclosure Learning Center

East Side Organizing Project or ESOP is a community help group in Cleveland. It tries to work out deals with lenders. The sessions are usually well attended with about 150 attending. Darlene Stuzman was in trouble having fallen back on payments when her husband was ill. She called on ESOP at first doubtful about their [...]

The abandoned pools have gone murky. Health worker scoops up some of the scum to check potency of anti-mosquito treatment. A bloated floating doll spoke volumes about a family that has vanished. It is not just mosquitoes – these stagnant pools have become depots of countless deadly diseases. Health officials are in a hurry and [...]

Detroit is one of the worst affected foreclosure crisis ridden areas. It is hosting a meeting of mayors in the following week to discuss the foreclosure issue. The National Forum on Homeownership Preservation has taken the initiative and will have on its agenda the present state of the mortgage industry, how foreclosures can be avoided [...]

With the real estate market being at an all time low many low and middle income groups are getting an opportunity to become house owners. Houses that were once priced at $450,000 are now available for $300,000. For many – dreams are becoming realities. The sheer numbers of foreclosed houses are beginning to tell on [...]

Texas Attorney General Abbott has given out call to troubled house owners regarding prevention steps against foreclosure attacks. By 2008 property worth $600 billion will be reset at a high rate. Abbott wants lenders as well as public personnel to work in tandem and stand beside the house owners of Texas in their hour of [...]

In October the foreclosure listings in Delaware rose by 53% as compared to October 2006. Kent County showed 43 listings – an increase of 30% from 2006. New Castle County recorded 211 listings – an increase of 51%. Sussex County broke a record by rising by 80% since 2006 with 72 listings this year. The [...]

In Ohio a court ruling went against a foreclosure practice that so far had made it easy for lenders to reclaim properties. The question was raised about the legal position of investors engaged in mortgage securities. Judge Boyko of Federal District Court of Cleveland took this point to dismiss 14 foreclosure cases saying that the [...]

As foreclosures are increasing so too are scammers. Smart talking rescue teams promise to save the house and ultimately walk away with the purses of their clients. As the numbers rise a trend and pattern can be noticed. This has led BBB or Better Business Bureau to give out gloomy warnings that with more foreclosures [...]