Even though some areas in California have seen some signs of fewer foreclosures in the first quarter than in the last quarter of 2009 with a 40 % drop in notices of defaults (NODs), over 216,000 properties are affected in California which accounts for 23% of the foreclosure activity in the U.S. California homeowners average [...]

There is a very interesting story posted on the Business Week website this week. It asks a rather simple question that I think a lot people would be interested in knowing the answer and general consensus to. Should Wall Street Give Their Bonuses to the Homeless? Most people directly blame Wall Street for the problems [...]

The first story this week is brought to you from the News Giant CNBC. It seems that the numbers are higher than ever when it comes to foreclosed homes. In this horrible foreclosure crisis, mortgage lenders, who once called a moratorium on foreclosures, have decided to kick folks out of their homes, which have resulted [...]

For a change, we would like to start this recap with uplifting news. It seems that the numbers foreclosures in the state of New Jersey might be declining or, at the very least, stabilizing to some degree. The numbers for the month July 2009 are actually a nearly six percent lower than the numbers for [...]

The good news is that in Cuyahoga County in Ohio the new foreclosure rate has fallen 13 percent for the first half of the year 2009. The bad news there is that they number of homes being foreclosed upon still number well into the thousands. That is nearly 7000 homes and almost half of those [...]

This is a new one. Everyone knows that in order to get a loan and in fact to even get a job now days, you need a great FICO score with the credit agency. It is how they determine if you might be a good risk or not. Well now there is a new measuring [...]