Foreclosure Help

Several areas in Illinois are starting to benefit from a federal government-supported program which involves buying a distressed property, renovating it and selling it to low income families. The program is financed by funds provided under the Neighborhood Stabilization Program (NSP) of the U.S. government.

Continue Reading: Distressed Property Flipping Fights Neighborhood Blight in Illinois

While the number of foreclosed residential properties under bank and Fannie Mae home listings continues to rise, more property developers in Colorado are looking at multifamily projects as a way to earn profit and at the same time, stabilize local communities. In addition, these developers are trying to achieve further security by seeking insurance from the U.S. Federal Housing Administration (FHA).

Continue Reading: FHA Insurance Sought As Bank and Fannie Mae Home Listings Expand

As the number of properties under bank foreclosure listings and listings in Freddie Mac foreclosures continues to rise in Salt Lake City, Utah, homeowners are getting even more desperate when it comes to finding ways of preventing their properties from getting lost. One example of such desperation is John Maxim.

Continue Reading: Act Called Attention to Listings in Freddie Mac Foreclosures Problems

While most areas of New York try to deal with the problem of expanding bank and Freddie Mac foreclosure listings, a big number of the state's residents have decided to stay away from purchasing residential properties and instead are looking for houses that they can rent.

Continue Reading: Bank and Freddie Mac Foreclosure Listings Cause Rental Market to Surge

There had been some debate whether the Huntsville Housing Authority in Alabama had used the stimulus funds from the federal government on neighborhoods that needed the funds most; or those areas that have suffered from high numbers of foreclosed properties under single and multi family home listings.

Continue Reading: Foreclosure Fund for Single and Multi Family Home Listings Questioned

With the high number of foreclosed properties and federal homes for sale continuing to drag the whole U.S. housing market down, the administration of President Barack Obama has stepped up and announced a plan designed to arrest the problem and save millions of homeowners from the foreclosure crisis.

Continue Reading: Obama Takes Action on Foreclosures and Federal Homes for Sale Problem

Reverend Jesse Jackson, a civil-rights activist and former presidential candidate, has called on churchgoers at the Friendship Baptist Church to help trim down foreclosure house listings by opposing predatory lending.

Continue Reading: Opposing Predatory Loans to Reduce Foreclosed House Listings

It seems that loan modification is turning out to be a popular method of curtailing foreclosure home listing in Saint Louis, Missouri.

Continue Reading: Modification Help Trim Down Foreclosure Home Listing

The way Philadelphia foreclosure listings are being contained by the city and state governments is being studied by the Obama administration for its plan of further improving its foreclosure prevention program.

Continue Reading: Philadelphia Foreclosure Listings: Model to Help Unemployed

The Lee County and the Florida cities of Fort Myers and Cape Coral are expected to purchase properties on bank foreclosed home listings for rehabilitation. Already, a number of contractors are competing for a chance to renovate foreclosed homes in these counties. The initiative also means more job opportunities in the area.

Continue Reading: Federal Cash to Rehabilitate Bank Foreclosed Home Listings

A report by the State Foreclosure Prevention Working Group of the Conference of State Bank Supervisors indicated that about 80 percent of troubled borrowers were not availing of loan modification programs being offered through lenders to stem the tide of distressed properties on lists of bank foreclosures.

Continue Reading: Programs to Help Stem Lists of Bank Foreclosures