Next foreclosure wave is in view - Los Angeles Times

Next foreclosure wave is in view
Los Angeles Times
Until recently, many banks have put off launching foreclosure action on the troubled properties, in part because they had signed up for the Obama

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July 4th, 2009, posted by

Zero Money Down, Not Subprime, Led To Foreclosure Crisis - The Business Insider

Zero Money Down, Not Subprime, Led To Foreclosure Crisis
The Business Insider
His conclusion is straight-forward: the most important driver of foreclosures is homeowner equity. This means that the loans most likely to default are high

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July 4th, 2009, posted by

Beazer Homes neighborhood feels fallout from foreclosures - CharlotteObserver.com


CharlotteObserver.com
Beazer Homes neighborhood feels fallout from foreclosures
CharlotteObserver.com
Two years later, dozens of houses in the Barrington community had been emptied by foreclosure, and break-ins had become a weekly occurrence.

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July 4th, 2009, posted by

Loan companies, bankers in West Michigan make extra effort to stop foreclosures (The Grand Rapids Press)

Home Repair Services says more clients are successful in averting foreclosure.

July 4th, 2009, posted by

Another wave of foreclosures is poised to strike (Los Angeles Times)

Mortgage defaults have surged to record levels amid rising unemployment and falling home prices. Lenders are expected to move quickly to clear up backlogs as moratoriums on foreclosures expire. Just as the nation’s housing market has begun showing signs of stabilizing, another wave of foreclosures is poised to strike, possibly as early as this summer, inflicting new punishment on families, …

July 3rd, 2009, posted by

Another wave of foreclosures is poised to strike - Los Angeles Times


Los Angeles Times
Another wave of foreclosures is poised to strike
Los Angeles Times
Lenders are expected to move quickly to clear up backlogs as moratoriums on foreclosures expire. By Don Lee Reporting from Washington — Just as the
Philadelphia program saves 60 pct homes from foreclosureReuters
New Evidence on the Foreclosure CrisisWall Street Journal
Avoiding foreclosure scamsBoston Herald
Examiner.com
all 5 news articles »

July 3rd, 2009, posted by

Winona County foreclosures dip (Winona Daily News)

Winona County mortgage foreclosures declined in the first half of 2009, even as national foreclosure rates hit record highs this year.

July 3rd, 2009, posted by

Stimulus funds sought to fight foreclosures - Boston Globe

Stimulus funds sought to fight foreclosures
Boston Globe
The stimulus funds will be targeted at low- and moderate-income residents in Massachusetts cities hit hard by foreclosures: Boston, Chelsea, Revere,

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July 3rd, 2009, posted by

Lending and foreclosure law changes - WTHI


WTHI
Lending and foreclosure law changes
WTHI
TERRE HAUTE, Ind (WTHI) - Some changes in lending and foreclosure laws are now in effect in Indiana. Indiana has one of the nation's highest foreclosure

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July 3rd, 2009, posted by

California dreamin' hits the skids of foreclosures and IOUs - San Jose Mercury News

California dreamin' hits the skids of foreclosures and IOUs
San Jose Mercury News
Others, like longtime tech worker Nancy Lopez, face a double-whammy of job loss and possible foreclosure. Laid off the other day — for the second time in 18

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July 3rd, 2009, posted by