From the monthly archives:
In the last couple of years, the entire nation has been suffering from the effects of the enduring foreclosure crisis. With the housing market brimming with literally millions of homes in some stage of foreclosure, it is not surprising that there is also a growing number of foreclosure-related scams being reported nationwide.
Continue Reading: Foreclosure Scams Distressed Homeowners Must Avoid
When America woke up this Monday morning, the news that hit them is certainly something that one will not expect. Investment giants Lehman Brothers and Merrill Lynch were suffering from losses so huge that the former was forced to file for Chapter 11 bankruptcy while the latter was sold off to Bank of America. It would seem that the financial troubles experienced by these investment firms were tied to the credit and foreclosure crisis.
Continue Reading: Wall Street Mess and the Foreclosure Crisis
According to the credit-reporting agency TransUnion LLC, the percentage of credit card users delinquent with their payments increased to 1.04 percent in the second quarter of this year compared to last year. On the other hand, the average debt of each borrower has jumped by 8.6 percent, bringing it to $1,717 from $1.581 last year.
Continue Reading: More Homes Expected to Enter Foreclosure as Credit Card Delinquencies, Debt Soar
For Arizona homeowners facing foreclosure, you will be relieved to know that assistance is on its way. The state government has decided to tap its funds and set up housing and foreclosure prevention programs worth $13.6 million, designed to stem the foreclosure problem and help residents who became homeless because of foreclosure.
Continue Reading: Arizona Taps $13.6M to Address Foreclosure Problems
If you are among the millions of Americans who are having trouble with mortgage payments, it is not the time to sit back and relax. It is very important for you to determine what you should do in order to avoid having to go through an ugly foreclosure case.
Continue Reading: Five Alternatives to Foreclosure
In the past two years since the mortgage mess started, the city of Manhattan has successfully managed to evade the foreclosure crisis. But in recent months, trouble seems to be brewing when the number of apartment owners who are behind in their mortgage payments has increased noticeably.
Continue Reading: Manhattan Suffers from Foreclosure Woes
In a time when foreclosure has become one of the major concerns of families, the only ray of hope is provided by these foreclosure counselors.
Continue Reading: Avoiding Foreclosure is not Impossible
The foreclosure crisis, which hit the subprime industry at the beginning of 2006, has now crossed-over to the prime mortgages. As the non-profit alliance HOPE NOW reported that for the month of July, about 105,000 of the 197,000 foreclosure filings originated from prime mortgages.
Continue Reading: Gap Between Prime and Subprime Foreclosures Narrowing
You are currently browsing the Foreclosures Blog – Foreclosure Listings Nationwide weblog archives for September, 2008.