It is hard logical reality that in some way or the other foreclosures are affecting all of us. For instance let us first take the case of the elderly lady Jones who suddenly finds that she has to lose the house she has lived in for many years because of failure to meet enhanced mortgage [...]

Miami is one of the major cities in Florida, United States and is the County seat of Miami-Dade County. Miami, with an approximate population of 404,050, has earned the title of “World City” because of its importance as a recognized financial hub and a cultural center. Owing to its linguistic and cultural ties to the [...]

Over the past couple of years various states in the United States of America are facing a surmounting foreclosure rate. The state of Florida is one amongst them. In fact the state of Florida leads in its foreclosure rate. Within the state of Florida there are several such areas where a large number of foreclosure [...]

Lloyd Segal, a mortgage broker, in a timely move has authored a book full of punch to motivate borrowers into action against foreclosures. For those caught in the net the situation is not only agonizing but also insulting and traumatizing apart from being a economic catastrophe. With foreclosures marching on with the highest peak in [...]

During the second quarter of this year the foreclosure rate in Utah is down in comparison to what it was the previous year. It remains far behind the average national figures where the number of foreclosure units is staggering. Towards the end of the June 2007 there were only 0.55% properties in Utah suffering the [...]

The country is in the grip of foreclosure crisis – the worst in 16 years. The Federal Reserve and other allied banking regulators have taken the unprecedented step of appealing to the mortgage lenders not to rush on with proceedings. The man in the street has been surprised by the move – the likes of [...]

Jacksonville is being sucked into the whirlwind of foreclosures ranking among the top defaulters in the country. Lake Forest area with a high concentration of houses is the worst hit. The virus has infected all levels of income and localities. Jacksonville has one foreclosure per 123 households – with the highest focus on Lake Forest [...]

The auction firm of Williams & Williams has cause to celebrate – it ranks first in the world for having topped sale of auctioned properties. As foreclosure rates rise more and more house owners have sought escape from troubles via the auction route. According to Mortgage Bankers Association, the last quarter of 2007 saw foreclosure [...]