Archive for July, 2008

Bush Signs Foreclosure Rescue BillJuly 30th, 2008

In the last ditch effort to address the foreclosure rise as well as the decline in home prices, US President George W. Bush finally signed the very controversial housing bill that basically … More >>

San Francisco foreclosure homes: A Business OpportunityJuly 28th, 2008

There has been a rise in San Francisco foreclosure homes for quite some time now. This is owing to the fact that number of home loan defaulters has increased to a great extent as in … More >>

Foreclosure Home Sales UpJuly 25th, 2008

Housing market conditions have still not recovered and it is only expected that existing home sales remain to be sluggish. But surprisingly, most of the properties being sold are … More >>

Foreclosure Scams Claim Another VictimJuly 24th, 2008

Distressed homeowners facing the possibility of foreclosure are being targeted by unscrupulous individuals and companies under the guise of offering foreclosure help. Another couple in … More >>

Michigan Foreclosure Rate Affected by Local EconomyJuly 22nd, 2008

Most cities and towns in Michigan are feeling the impact of the enduring foreclosure crisis. In fact, the jump in the state's foreclosure rate is now being tied to the local economy. More >>

Foreclosure Sellers: Attract Buyers by Preparing HomeJuly 14th, 2008

If you look at today's housing market, you will notice that there is more than enough supply of foreclosure homes for sale. The problem lies with the lack of buyer. There are those who are … More >>

National Foreclosure Rate Soar 53%July 10th, 2008

According to the most recent US housing market data, the number of homes that entered some stage of foreclosure has grown by over 50 percent in the last twelve months. For the month of June … More >>

The Aftermath of Chicago ForeclosuresJuly 9th, 2008

Reeling under the effects of Chicago foreclosure homes, the city has momentarily shifted into an undeniable silence. The silence is often broken by the noise of prospective buyers, police … More >>

New NH Law Aims to Protect Consumers from ForeclosureJuly 9th, 2008

Governor John Lynch of New Hampshire signed a new bill, HB 1286, in an effort to curb rising foreclosure rate in the state. The said bill requires the licensing of mortgage originators in … More >>

Election Officials Worried About Foreclosures and Voting RollsJuly 8th, 2008

In Columbus, Ohio, election officials are becoming worried about the possible problems that might arise when voting day comes. Registered voters who have lost their homes to foreclosure … More >>