John Evan Miller / December 30th, 2008
A lawsuit has been filed against lenders, Fort Washington, Pennsylvania-based GMAC Mortgage LLC and Santa Ana, California-based Deutsche Bank National Trust Co. to stop them from … More >>
John Evan Miller / December 26th, 2008
Around fifty percent of the foreclosure cases that were filed for modification during the first half of 2008 are now in non-payment status again. The modifications were supposed to help … More >>
John Evan Miller / December 20th, 2008
Now that he has already been elected as the new President of the United States of America, he has started his actions by appointing a new Secretary of Housing and Urban Development. This … More >>
John Evan Miller / December 18th, 2008
Since the start of the financial market crisis, U.S. agencies have focused their attention on rescuing financial institutions hoping that its recovery would also stabilize the housing … More >>
John Evan Miller / December 12th, 2008
IHS Global Insight announced that the housing value this third quarter of 2008 falter faster nationwide. Home prices depreciate at a 6.9 annual rate touching 241 of 330 metropolitan areas. … More >>
John Evan Miller / December 9th, 2008
On April 1 next year, approximately $19 million of federal funds from the Neighborhood Stabilization Program will go to the tri-county area of Florida composed of Sarasota, Manatee and … More >>
John Evan Miller / December 6th, 2008
The Secretary of Treasury wants to reinforce the financial system to have loan availability back into the economy. As of now they are eyeing projects that will make use of the Troubled … More >>
John Evan Miller / December 5th, 2008
The Bush administration will now dance to a new tune in an effort to stem foreclosures, says Democrat and Rep. Barney More >>
John Evan Miller / December 4th, 2008
The $700 billion in funds promulgated by Congress a few months back in an attempt to assist financial institutions through this economic crisis has been ineffective in fulfilling its … More >>
John Evan Miller / December 3rd, 2008
Maybe they have learned their lessons or maybe they are just afraid that the current economic crisis will not be resolved in the near future. But whatever their reasons are, the dropped in … More >>