On Monday 24th March, at Philadelphia, New York Senator Hillary Clinton (Democrat) talked about a new four point plan to tackling the growing national problem of foreclosures She wanted more to be done for loans that are threatening foreclosures as well as the creation of a panel to study the problem from all angles. She [...]

In Charlotte County foreclosures are increasing every month and the people are desperate for help. In 2007 there were 196 foreclosures – a rise of 68% from 2006 and 238% from 2004. The crisis is being fuelled by job losses, dwindling wages and family problems like divorce and illness. Localities are being affected in a [...]

In the last week of March from 25th to 30th, Hudson and Marshall will auction about 700 houses. It will present an unprecedented opportunity for buyers looking around for bargain deals. The value of the houses range from $2,000 to $500,000. It seems that many first time home-makers will find a dream house. Each of [...]

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 but [...]

In Dallas Fort-Worth the foreclosure postings are 19% higher than what it was in the previous year in the same month. More than 4,100 Fort Worth houses have been listed for the coming month. Dallas county has the largest number of foreclosures waiting in the wings – 1,814 houses. The biggest concentration is in Denton [...]

Lenders are going all out to evict renters and resorting to ugly measures like not paying water bills. Oakland duplex residents are loud in their complaints. Their rent was inclusive of this and other amenities but nobody is willing to listen to reason. After the lender foreclosed the landlord vanished. Local laws give some protection [...]

Responding to the unprecedented foreclosure crisis federal funds have been sanctioned to give support to the counseling agencies. Florida will make use of $1.3 million for this purpose. The grant will be distributed among 50 counseling bodies. The Governor, Charlie Crist is said that this one simple step will go a long way in alleviating [...]

Keeping in pace with the rising number of vacant foreclosed houses are problems relating to it. Nature hates vacuum and in the void enters snakes, weeds and human beasts otherwise known as criminals. The neighbouring community shivers at the growing menace although these houses are not in foreclosure. Shenee Martin walking through her locality look [...]