Florida's 12 biggest lenders will meet on April 20 to discuss the issue of modification for loans packaged as securities. This is another effort by the state to help homeowners save their houses from being added to lists of foreclosed homes.
Florida Chief Financial Officer Alex Sink and volunteer lawyers have been helping homeowners prevent their homes from being added to inventories of foreclosure properties. More lawyers are needed to help the rising number of distressed borrowers.
If you or someone that you know have fallen victim to a burglary, then you will feel much safer if you install a home security system. According to statistics from the FBI, a burglary occurs in the United States once every fifteen seconds.
Richard Dugas, chief executive officer of home builder Pulte Homes, said that the bank foreclosure list is nearing its end. He is currently facing the challenge of turning around the company and helping it recover from the impact of the housing crisis.
Multinational financial services firm JPMorgan Chase warned investors its projected losses in home-equity lending could rise throughout 2009 because of the declining housing market compounded by problems in mortgage lender and tax foreclosures.
President Barack Obama's proposal to reduce tax breaks has caused concern to homeowners who fear a drop in housing values and increase in Florida foreclosures.
The increase in the number of foreclosure homes in the United States is fueled by a rise in mortgage defaults in some states, including Georgia, Louisiana, Texas and New York, where unemployment rates are also on at a record pace.
The Project Lifeline, an outreach service aimed at helping distressed homeowners avoid bank and government foreclosures, is a collaboration between mortgage lenders and the federal government.
The tallest buildings in the world are a representation of the many achievements of man. Each structure is a wonder of architecture and shows the world how far human beings can go. Read on to find out more about the newest, or should I say, tallest, kid on the block.
July data showed that Brockton posted the highest number of bank foreclosed homes for sale compared with other cities in Massachusetts. The city had received federal funds to help fight foreclosure that is quickly spreading across communities, devastating lives and neighborhoods.
The Obama Administration is looking at the possibility of reducing monthly mortgage payments of homeowners who are in danger of losing their properties to foreclosure.
President Obama travels west to promote his $787-billion economic recovery package, which includes billions of dollars to help homeowners in danger of foreclosure.
The Obama Administration is planning to propose increasing taxes for rich people to help majority of struggling homeowners avoid being added to the tax foreclosure property listings.
If you were in a vacation, you must not only rely on locks to obtain home security. You must have some tricks to make your home like it isn't empty at all. These are preventive measures. These techniques would serve as your scare tactics to keep those people away.
A triple rate increase in Central Florida foreclosures is seen in the cities of Deltona and Kissimmee while Bank of America is planning to grant $2.5 million to help stem the tide of foreclosures.
David Moffett is resigning as CEO of Freddie Mac after leading the firm for several months. Moffett was appointed Freddie’s CEO when the federal government took over Freddie Mac in September 2008 following the avalanche of foreclosures that destabilized the housing market.
RealtyTrac's February 2009 data showed that foreclosure homes filings increased by 30 percent from the previous year due to delays in foreclosure process.
Print This Article
Add To Favorites