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 New York Daily News reported on a Mortgage ring that had been busted by the federal government. It reportedly a $10 million dollar scam that has left folks in both New York City and on famed Long Island facing eviction. Essentially the company would approach people facing foreclosure of property worth between $200 and [...]

From the Bank rate website is an article which tells you the twelve biggest and best tips for buying a house that is on auction. There are several styles of auction including the Trustee or Courthouse auction to the regional public auctions and this article gives people the best ideas on how to make sure [...]

The following are the tips which would help you to avoid foreclosure: First tip there are various things that can help you to stop the foreclosure procedure. If you want to stop the foreclosure then you should not avoid the problems due to which you were not able to pay the loan, you should not [...]

One of the most common topics discussed both on this web log and in the general real estate sector these days is the effect of Adjustable Rate Mortgages on the rising national foreclosure rate. As explained previously, in the past years many investors and homebuyers sought to capitalize on the thriving real estate market by [...]

Homeowners in Northern California’s San Francisco Bay Area fell behind in their mortgage payments during the first three months of 2006 while statewide the number of homeowners in default rose to its highest level in more than two years. The increase in defaults, which is the first step in the foreclosure process, signals that slower home price growth has been [...]