Foreclosures Hit Rural Communities In California http://www.foreclosurewarehouse.com/blog/forecl... Foreclosures in California: foreclosures are now hitting even rural communities in Places like Merced, California, where only six people turned out for a foreclosure auction recently.
Federal Reserve Offering Foreclosure Hotspot Maps Online http://www.foreclosurelistingsnationwide.com/bl... The Federal Reserve announced Tuesday that they will now be offering maps of foreclosure hotspots where sub prime mortgages have contributed to widespread foreclosure and defaults.
West Palm Beach to Open Foreclosure Assistance Center http://www.foreclosure-support.com/wp/article-0... In an effort to curb one of the highest metropolitan foreclosure rates in the country, the city of West Palm Beach, FL announced on Tuesday that they will be opening a new Foreclosure Assistance Center to help homeowners deal with foreclosure by refinancing mortgages, providing credit assistance and even handing over checks of up to $10,000 to help them catch up on their loan payments.
Foreclosure Crisis Affecting Middle Class Homeowners http://www.foreclosuredataonline.com/blog/forec... Foreclosure Crisis: The current housing meltdown brought on by the foreclosure debacle has begun to spill over from poor and low-income areas to higher-priced middle class neighborhoods as well.
Chicago Holds 2nd Highest Metropolitan Foreclosure Rate in Nation http://www.eforeclosuremagazine.com/foreclosure... Chicago claimed the spot this February as the metropolitan area with the second highest rate of foreclosure in the country. The only city with a higher rate of foreclosures is Los Angeles.
Foreclosure: Proposed government measures to aid people facing foreclosure http://www.foreclosuredataonline.com/blog/forec... Foreclosure: Recent research has revealed that we are in the midst of the worst foreclosure problem ever, with 15 per cent of sub prime borrowers getting into trouble with their payments and prime borrowers following the lead.
Government considering proposed solutions to high mortgage foreclosure rates http://www.foreclosuredataonline.com/blog/mortg... Mortgage Foreclosures: The U.S. housing market is in desperate straits due to the phenomenally-high rate of sub prime mortgage foreclosures. Providing federal grants that would enlarge and enhance mortgage foreclosure prevention and assistance to enable homeowners to secure low-interest mortgage funds if they are eligible for them.
Increase In Mortgage Foreclosures Will Adversely http://www.foreclosuredataonline.com/blog/mortg... Mortgage Foreclosure: The growing number of mortgage foreclosures arising from the subprime mortgage fiasco has begun to affect more than just individual homeowners.
Will Foreclosure Victims Find Any Help From Lenders? http://www.foreclosuredataonline.com/blog/forec... Foreclosure: Will Foreclosure Victims Find Any Help From Lenders? Department of Banking is issuing new policies to deter future fraudulent lending practices and recommending the study of issues in order to stem the tide of residential mortgage forclosures
U.S. Mortgage Foreclosures Soar, New Home Sales Drop http://www.foreclosuredataonline.com/blog/mortg... Mortgage Foreclosure: It has been reported that the number of U.S. home mortgage foreclosures more than doubled in August, 2007. Ass for foreclosures, bank repossessions went up to 42,789 in August compared with only 20,116 a year ago. There were 26,842 homes foreclosed in July of this year.
Tenants Suffer When Landlords Are Foreclosed http://www.foreclosuredataonline.com/blog/forec... Foreclosed: With foreclosure rates at all time highs all over the United States, tenants who rent from troubled landlords are also suffering. In most cases, renters of houses, duplexes and condos must vacate a property after it has been foreclosed and either a new individual owner or a bank has taken possession.
Tenants Suffer When Landlords Are Foreclosed http://www.foreclosuredataonline.com/blog/forec... Foreclosure: With foreclosure rates at all time highs all over the United States, tenants who rent from troubled landlords are also suffering. Renters rarely hear about a pending foreclosure of their rented residence until being told that they have thirty to sixty days to vacate by a representative of a financial institution.
