...say. Once the inevitable post-freeze wave of foreclosures hits, the market will be flooded, further decreasing home values and making it virtually impossible for lenders to sell those properties because...
Read More »Search Results for: foreclosure wave
Wingspan to Negotiate for Homeowners
""Wingspan Portfolio Advisors, LLC"":http://www.WingspanAdvisors.com, a Dallas-based mortgage servicer specializing in highly delinquent loans, has announced a new division focused on helping defaulted borrowers avoid foreclosure. Called ""Foreclosure Resolutions,"" the division...
Read More »HUD Terminates FHASecure
...help to keep millions of families in their homes and, in the process, stem the wave of foreclosures that are at the root of the country's economic crisis. ""Without doubt,...
Read More »Connecticut Governor Calls for Six-Month Foreclosure Suspension
...allow a wave of foreclosures to wash through the state. The foreclosure moratorium is part of a three-point legislative plan. It also includes 25 million dollars in federal aid to...
Read More »North Carolina Promotes Foreclosure Hotline
...of foreclosures seen in many other states due to our strong laws against unfair loans, foreclosures are on the rise in the state. Foreclosure starts were up 9.4-percent in North...
Read More »City of Baltimore Sues Wells Fargo
...in predominantly-minority communities by issuing them deceptive loans. Baltimore Mayor Sheila Dixon blames reverse red-lining--on the part of Wells Fargo--for contributing to the city's recent wave of foreclosures. ""According to...
Read More »RealtyTrac: Foreclosure Filings Drop in Nov.
Irvine, California-based ""RealtyTrac"":http://www.realtytrac.com, an online marketer of foreclosure properties, said Wednesday that foreclosure filings—which include all default notices, auction sales and bank repossessions—dropped 10-percent between the months of October and...
Read More »Prominent Democrat Releases Dire Report on Subprime Situation
...flood of subprime foreclosures."" In its latest report, the JEC recommended that policy makers implement the following foreclosure prevention measures in their efforts to mitigate severe losses nationwide: 1.Foreclosure prevention...
Read More »RealtyTrac: Foreclosures Up in August
...RealtyTrac report indicates the most recent foreclosure rate in the U.S. stands at one foreclosure filing for every 510 households. With a major foreclosure increase occurring in the month of August,...
Read More »NACA Commits $1 Billion to Help Distressed Borrowers
...by the subprime crises and discuss strategies for ending predatory lending as well as the current wave of foreclosures. Click ""here"":http://www.naca.com/content/press/articles/PressRelease_2007_04_11.pdf to read the full press release from the NACA....
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