And you thought your bank was giving you grief. The First Of America Bank in the state of Nevada is seeking control of a very popular and prominent shopping center in Las Vegas claiming that the people in charge there have not turned over the rent monies that they had collected in a timely manner [...]

What a difference a year can make. Things can be drastically different from one twelve month period to the next. As this article illustrates, things in Oregon are indeed a lot worse than they were in October 2008. In fact, the foreclosure rate there has effectively doubled in that amount of time. The good news [...]

It seems that once again the large real estate ventures are getting into trouble and are facing the foreclosure gavel. The Twin Lakes Mall in Wichita Kansas is in dire straits and is in the process of being foreclosed on by the bank. However it looks like it should remain business as usual for the [...]

Freddie Mac has been in trouble for a long time. For the last three months since Ed Halderman joined the board of trustees he has been working to steady the stability of the struggling company. He is a mere 70 years of age and is the executive director of the board of trustees at Freddie [...]

In the first story this week is a fourth grader who asked president elect Obama “Why do people hate you?” President Obama was making his first Presidential visit to New Orleans this week and, while there, he attended a town hall meeting. During Thursday’s meeting, the 44th President answered some tough questions but the toughest [...]

It seems that after how many months of actual crisis levels in the real estate and mortgage markets that the state of West Virginia lawmakers are finally willing to go on record to say that they have a major problem in the state’s east panhandle. This article is interesting to read whether you are from [...]

  It has gotten to the point now where we are starting to see the foreclosures actually coming in on the normal homeowners rather than just the ones that have a long history of issues, which made up the foreclosure numbers for a long time. The first people hit were the ones that lost jobs [...]

  Number five in the nation in foreclosure activity has been announced for the first six months of the year and the award goes to the Inland Empire area with Las Vegas Paradise taking the honors for the number one most active location in the United States of America. This is certainly not an honor [...]