Posts Tagged ‘Foreclosures’
The Process of Slowing Down Foreclosures
Tuesday, November 18th, 2008
How far successful will the joint efforts initiated by the government be in slowing down foreclosures? If the results were positive then it would be an example for others to emulate.
The latest government measures to slow down the foreclosures would help thousands of borrowers but it will not assist 80% of those who are in [...]
Popularity: 3% [?]
Posted in Foreclosure | No Comments »
Funeral Home Not Spared Foreclosure Eviction
Monday, November 17th, 2008
Foreclosures are like heartless robots that tramp along squashing any and everybody that comes in its path. A funeral home has not been spared foreclosure eviction.
In suburban Detroit even the dead are not spared the ignominy of foreclosures. The House of Burns Memorial Chapel is a funeral unit in Pontiac. Five bodies and the cremated [...]
Popularity: 4% [?]
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Foreclosures Increase in Third Quarter While House Prices Fall Further
Wednesday, November 12th, 2008
Foreclosures increased by 71% in the third quarter while house prices fell further. In all 765,558 units were under default notice due for foreclosure auction. This is the highest since records have been maintained from January 2005 by RealtyTrac. Foreclosure filings had risen by 3% in the second quarter and fell by 12% from September [...]
Popularity: 7% [?]
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Foreclosures Having A Snowballing Effect On The National Health Of USA
Monday, November 3rd, 2008
From various surveys being undertaken it is clear that the snowballing effect of foreclosures are telling on the national health of USA.
A report released by the National Association of Insurance Commissioners after taking a survey in July noted that 11% of the citizens had either lessened the number of prescribed medicines or they are resorting [...]
Popularity: 12% [?]
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Bailout Plan Misses Out On Key Foreclosure Factor
Monday, October 27th, 2008
The $700 billion bailout plan has missed out on the key factor – foreclosures. Even this staggering amount will not be able to stabilize the market because of faulty planning. The symptoms have been addressed but not the root cause of the foreclosure malaise.
Congress and White House are hopeful that the sheer size of the [...]
Popularity: 16% [?]
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The Luxury Foreclosure Capitals of USA
Monday, October 13th, 2008
A drive through the luxury foreclosure capitals of USA will be an eye-opener that swimming pools and luxury cars do not necessarily guarantee that the house is not foreclosed upon.
Lagual Niguel in Orange County, California host ritzy beach cities like Laguan Beach as well as Dana Point. But it also boasts of the higher number [...]
Popularity: 21% [?]
Posted in Repo House | No Comments »
Foreclosures Affecting Lifestyles of the Middle Class
Wednesday, October 8th, 2008
Foreclosures are badly affecting the lifestyles of the middle class. Since getting married in 2003, Kim Shekerlian and Stan Monterrosa have led a comfortable life. The couple own their own house in Granada Hills, the loan on their two cars have been cleared and dining out is quite common for them. [...]
Popularity: 26% [?]
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Foreclosures Bring Down the Value of Neighbouring Houses
Monday, October 6th, 2008
Foreclosures are bringing down the value of neighbouring houses that are not in foreclosure. Banks desperate to offload the rising number of repossessed houses are offering absurd discounts that are having a negative effect on the value of houses in the adjoining area. The related law and order problem is also [...]
Popularity: 23% [?]
Posted in Foreclosure | 2 Comments »
Foreclosures in Paradise
Friday, October 3rd, 2008
Foreclosures know no differences – its tentacles are now reaching into corners of paradise. Some the jazzy addresses in the Hamptons are facing the cruel face of foreclosure. The occupants cannot continue with the mortgages and foreclosures seem inevitable.
From January to March 2008 the lenders, mostly the banks have launched primary [...]
Popularity: 23% [?]
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Foreclosure Climate Puts California Lender In A Tight Spot
Friday, September 26th, 2008
It is not always the borrower who suffers. This is the story of how sub-prime loans as a spin off from the foreclosure climate, puts a lender in California in a tight spot.
Maurice McAlister founded Downey Financial Corporation that dealt with loans and savings. Today it has been humbled and wrecked by the foreclosure crisis. [...]
Popularity: 29% [?]
Posted in Foreclosure | No Comments »
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- Utah, the New Foreclosure Hub in US
- Foreclosure Times The Best Time To Buy Houses
- In The Middle Of The Raging Foreclosure Crisis The Biggest Coup By The Rich Is Taking Place
- California Realtors Hard Hit By Foreclosures
- Placing The Blame For The Foreclosure Crisis
- Foreclosures Affecting Lifestyles of the Middle Class
