The United States’ housing sector has been slowly recovering from the huge debacle during the recession but the growth has been much slower due to controversies surrounding foreclosures in the country. In late 2010, it has been found out that lenders and banks are not properly reviewing consumers’ mortgages. The robo-sign case has been first [...]

Since the recession has been so intense and deep, recovery too from the crisis will take time. The first indication would be job generation. Without jobs any talk about recovery would be futile. The people must have money in their pockets to spend and thus generate demand. Secondly prices in the housing sector would have [...]

Most of the borrowers are at a loss how to tackle the impending problem but the housing counselors are there with unsheathed swords waging a war against foreclosures. They have first hand knowledge of the various federal government plans involving $75 billion. The plans are there but the borrowers need to be navigated and for [...]

It is not so much sub-prime mortgages but recession that is at the root cause of rising foreclosures. In 2008 it was the toxic loans that had triggered the foreclosure wave but in the current year it is the bad days that are responsible for throwing out people from their houses. Compared to the previous [...]

Foreclosure news is taking precedence over all other issues – including those coming in from Afghanistan, Iran and South Korea. The international emergency that foreclosures have created poses a greater threat to the stability of the world than blood baths elsewhere in the world. This is the view of Joel p. Trachtman of Fletcher School [...]

We are going to recap another week full of interesting tidbits related to foreclosure and foreclosure issues. The Obama Administration said that they are expanding the housing aid in order to give lenders amore incentives to folks on second mortgages. What has happened is back when the market was good it was not unheard of [...]

It is obvious, that there are certain changes happening with the systems and the policies of a country many times. It is the same with California, as their policies also keep on changing every now and then. Now, let’s discuss a little about foreclosure. Foreclosure is all about those people who forget to do a [...]

Bailouts will not solve foreclosure related crisis that has spun out of control, gobbling up property values, opines Center for Responsible Learning. It feels that the government steps as announced by Paulson and the Fed does not go deep down into the root of the foreclosure-ridden problems. It is simply a bailout and nothing more. [...]