Foreclosures in Florida more than tripled in the fourth quarter of 2007 from what it was during the same period on 2006. More buyers are flocking to foreclosed house auctions as the real estate markets continue to nose dive.
America’s giant auctioneers Hudson & Marshall is scheduled to auction more than 500 foreclosed bank [...]

Foreclosure rescue scams are nothing new – they have always been there. It is just that recently they have reared their ugly heads to catch the limelight. Broadly there are three types of foreclosure rescue frauds.
The foreclosure rescuer charges excessive fees for ordinary phone calls – something that the borrower can easily do [...]

The famed city of North Lauderdale in Broward County, Florida – the “City of Tomorrow” conceived by the famous architect Morris Lapidus is now looking around for charity funds to ward off increasing foreclosures. Till now the city fathers have been content covering pot holes, beautifying parks and juggling with taxes. But overnight the picture [...]

Considering the big hand of small time lenders fraudulent maneuvers in mortgage loans, New York state has made it a law that all those originating mortgages from here must be checked for criminal backgrounds and their fingerprints taken to prevent a repeat of the foreclosure crisis that is raging.
Many like Elizabeth Giammarino [...]

At the root of foreclosure blues is the unwise mortgage decisions. The borrowers did not think before they leapt. The result is that today thousands of families are paying the price for rash decisions. If the lender does not get his or her dues there is no alternative but to initiate foreclosure proceedings against the [...]

Home buying from Orlando FL Foreclosure listings enables savings of thousands of dollars by discounted sale price on foreclosed properties. Florida is one among the top ten States of largest number of foreclosure filings reported in the entire U.S. nation. Orlando, FL is a beautiful city of tourist attraction, where millions of tourists [...]

Bush has given his signature on mortgage legislation, which aims to give financial relief to foreclosure victims. Hitherto if a mortgage debt was forgiven then it was considered to be income as it was taken to be a gain. But that will no longer be applicable – forgiven debts will not be taxed. Bush said [...]

Statistics is pouring in. Analysis varies Foreclosure numbers fell in November from what it was in October making many opine that the peak has been reached and the process of climbing down has begun. Has the market found something to stand on? According to predictions ‘about $500 billion in adjustable-rate-mortgages are due to reset at [...]