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 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 [...]

All of Minnesota is affected by foreclosures in a very bad way but the situation outside the Twin Cities is different. The picture here is mixed. Iron Range communities in north eastern Minnesota is bursting with economic activity and this has resulted in a robust housing market. The risky loans have not played a dominant [...]

It is the new houses that came up in the West Valley during the housing frenzy that are now worst hit by foreclosures. Phoenix’s top ten metro foreclosure offenders are on the west side of the Valley according to reports released by Arizona Republic. For the past 13 months a study has been conduction from [...]

There is hope that by the end of the week a deal will be finalized that will put a stop to foreclosure on Metropolitan Place Phase II situated in downtown Madison, said attorney Tim Peyton who is involved in the proceedings. In January two banks began to foreclose on the above property against its owners [...]

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 [...]

Bills are being rushed through to help both borrowers and renters continue to stay in the houses that are their homes. In Minnesota the lawmakers dubbed the foreclosure situation as historic. They initiated a package of 10 bills to help the foreclosure victims. More than a dozen foreclosure related bills are in the Legislature. In [...]

More than $3 million has been sanctioned by the Ohio Housing Finance Agency. It will enable counseling agencies to operate with counseling through 18 centres across the state. This $3.06 million grant emanates from the National Foreclosure Mitigation Counseling Program and it is part of $180 million action taken by the Congress in its fiscal [...]