According to the Monitor Bank Rates Website, when home sales were increasing by double digits and practically anyone could get a mortgage without trouble. There was literally a shortage of foreclosure properties from which to choose. Today that is no longer the case, especially in California, Florida and Texas where there is a large amount [...]

NBC News reported that one bright spot in the housing crisis actually favors first time homebuyers. Houses that were out of reach for a lot of people or people looking to buy in better neighborhoods for a long time found it unobtainable. The recent trouble in the real estate market has made it easier for [...]

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 [...]

Barack Obama announced his plan to reduce foreclosures at Dobson High School in Mesa, Arizona Wednesday. The $75 billion plan could prevent up to 9 million Americans from losing their homes.