The plan of President Bush to help the troubled people face foreclosure has taken its final shape. The plan aims to extend help to the borrowers in meeting their increasing mortgage payments. The basic idea is to prevent foreclosure from taking place. Mr Bush is of the opinion that for the smooth functioning of the [...]
The rate of default is much higher in the Mid Island and the Southern shore as compared to the Staten Island. The estimations are made on the basis of the Senate report on the mortgage scenario that was released in the recent times. An extensive survey was conducted of the five boroughs along with the [...]
According to the latest reports, very few people have succeeded in rescuing their homes from being sold to foreclosure this year. The Colorado housing division is of the say that that the filings for foreclosure are rising at a fast pace of 34 percent which has beaten the record of the last year which was [...]
A plan has been formulated for helping the Las Vegans come out of the problem of foreclosure. At present thousands of people in Las Vegas are going through a pitiable condition and they are in dire need for help. Some help can be given to them provided the plan proposed by the President Bush gets [...]
Continue reading: Plan for Helping Las Vegans Face Foreclosure
In the second quarter of the year 2007, near about 10,017 fresh filings were made for foreclosure in Colorado. As compared to the first quarter the rate of foreclosure has gone up by 6%. According to the figures reported by the Colorado Division of Housing, there has been an average rise of 25% in the [...]
Continue reading: Foreclosure Up By 25% in Colorado
North County is witnessing the highest foreclosure list and it is expected that the situation will worsen in the years to come. The chances of any betterment in the foreclosure scenario are next to nil. According to the latest reports about the foreclosure activities taking place in the North County, there were near about [...]
Continue reading: North County Tops the Foreclosure List
The towering foreclosure rate is becoming a cause of concern as it is on the verge of ruining a large number of households. The grave situation is calling for action. There is a need to ensure that the lenders follow some rules and regulations. In the draft report submitted by the Government, it was [...]
Continue reading: Smart Lending Required To Bring Down the Foreclosure Rate
The counties of the United States are all moving at a fast pace in terms of foreclosure activities. The Lorain County is reported to have near about 1600 foreclosure listings. In the year 2007, it is likely to break the foreclosure record. The rise in foreclosure activities has caused havoc on the [...]
Continue reading: Counties Ready to Break the Foreclosure Record
