More and more personal stories are tumbling in to show that despite anticipations more lenders are failing to stop foreclosures. The companies do not have the infrastructure to handle the sudden increase in volume of work. Thomas and Tracy Barboza are just one of many who are suffering. Three times they found an escape route [...]

Trying to slow down the alarming pace of the crisis, the California Senate has given the green signal to a foreclosure bill on Monday. For a month the bill had been tossed around between the parties leading to a stalemate. Now the bill has seen the light of day. According to it, the lender will [...]

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 [...]

With foreclosures running at about 20,000 per week, at least 100,000 more families are likely to lose their homes before Congress passes a relief bill. And even then, the measure may fail to stanch the problem unless Congress comes up with something that is significantly better than proposals currently in either chamber. To produce a [...]

Although tackling the problem of foreclosures is difficult it is not impossible. There are many foreclosure options – provided one hunts for these. Peter Goodman is an attorney. Since 1992 he has been dabbling in real estate and is keen to help the novice buyer. He has been asked to speak on various on what [...]

Only half a dozen turned up at the Merced County court to attend a foreclosure auction. The first property that came up on the list was the Pimentel dairy farm. Janice Pimental and her son Nick were also present on this day that was sad for them. The flashy auctioneer in sunglasses and jeans made [...]

It is reads like a story book tale – except that it is true to life. Rick and Lisa Wain were shocked to find one fine day that their mortgage payment had spiked by $750 per month. They knew of course that their interes-only payment was to go up but they were hoping to refinance. [...]

With rising foreclosure numbers, real estate agents and mortgage houses are closing shop. In this melee there is plenty of work for those dealing with foreclosure advice. The Carlsbad Company named You Walk Away plans to increase its staff by five times. It is the same with HomeFreeMe a similar company kicking off in San [...]