Foreclosure Crisis
Will the New Foreclosure Prevention Method Prevent a Million Foreclosures?
John Evan Miller / July 22nd, 2011
You can imagine what this would do to the market, just now starting to recover in some places. A million foreclosures that enter the market roughly at the same time over the course of 9-12 … More >>
Unemployed Homeowners to Get Additional Help
James Foxx / July 8th, 2011
The foreclosure market has been rough for many Americans over the past few years, and no one has had more difficulty than the unemployed individuals that have had to leave their homes or … More >>
Foreclosure Figures: National Shadow Inventory Worth Hundreds of Billions
John Evan Miller / July 5th, 2011
We all know by now what shadow inventory is – the collection of mortgage delinquencies and defaults that have not yet been put on the market by underwater homeowners or homes that are … More >>
Former Baywatch Beauty Pam Anderson Sued Over Real Estate Deal
John Evan Miller / June 30th, 2011
Celebrities and the well-to-do have been caught up in the foreclosure crisis almost as much as everyday Americans. Their properties, at times worth millions, have gone under and been sold … More >>
Foreclosure and the Rich and Famous: Former McCain Mansion Up for Sale
John Evan Miller / June 29th, 2011
The foreclosure market does not really discriminate all that much, striking rich and poor, young and old alike in cities, in suburbs, and in the country. No one is immune, and we’ve … More >>
Deadline for Federal Emergency Homeowner Assistance Looms
John Evan Miller / June 28th, 2011
The foreclosure crisis continues, with more waves of foreclosures pending. Short sales, REOs, and other forms of distressed properties have taken their tolls as well on homeowners and home … More >>
Fannie Mae, Freddie Mac Sued by Michigan Counties
John Evan Miller / June 24th, 2011
In what is a surprising development in the foreclosure crisis, two of the nation’s largest home loan guarantors - Fannie Mae and Freddie Mac – were sued by Michigan counties who … More >>
Unemployment Claims Fall While Housing Starts Pick Up
John Evan Miller / June 16th, 2011
The real estate market as we know it is impacted by a lot of different factors and influences. The economy, of course, is the main one, with unemployment being a pretty big part of the … More >>
Bank of America in the Spotlight Again
John Evan Miller / June 14th, 2011
It seems as though Bank of America Corp is unable to catch a break. Lately the bank has been in the spotlight with national attention due to the couple that foreclosed upon Bank of America … More >>
A New American Dream? Probably Not.
John Evan Miller / June 13th, 2011
Rumors have been flooding the media in regards to how the current housing situation relates to the traditional American Dream of homeownership. Some speculate that the changes in the … More >>
Table of Content
- 1. Definition
- 2. History
- 3. Foreclosure Freeze
