Archive for February, 2009
Geithner and Obama’s Econ Team to Meet about ForeclosuresFebruary 13th, 2009
On Thursday, US Treasury Secretary Timothy Geithner will meet with President Barack Obama's economic team to discuss the government's efforts to help prevent more foreclosures. The country … More >>
Foreclosure Solution: Familiarize Yourself with Mortgage ModificationFebruary 12th, 2009
Mortgage modifications are created to save homeownership, but sometimes, it has "buyer More >>
HUD Secretary Talks About ForeclosureFebruary 11th, 2009
More and more homeowners are becoming victim to the foreclosure crisis. About 10 percent of homeowners fall behind on mortgage and are on the verge of losing their home. They need every … More >>
Obama Set to Increase Funds for Foreclosure ReliefFebruary 9th, 2009
On today's "Meet the Press" in NBC, House Financial Services Committee Chairman Barney Frank said that newly elected US President Barack Obama will reallocate some funds to Foreclosure … More >>
Obama Tells the Congress to Act NowFebruary 6th, 2009
There is no time to waste as the economic recession keeps on bringing the number of foreclosures and the unemployment rate into high More >>
Homeless Make Something Out of ForeclosuresFebruary 6th, 2009
In South Florida, squatting in foreclosed homes is becoming a trend for the homeless. The homeless were left with a choice between street-dwelling and squatting. Who would not rather live … More >>
Foreclosure Caused a $3.3 Trillion Property Value LossFebruary 5th, 2009
As the economic recession in 2008 occurred and foreclosure brought median home prices down by 11.6 percent to $192,119, the housing market was busted by $3.3 trillion, take note trillion, … More >>
Part of Obama’s Foreclosure Crisis Plan Includes Backing Revised LoansFebruary 5th, 2009
The administration of President Barack Obama is planning the biggest attempt yet in battling foreclosures as a component of a three-extended strike on the financial crisis which also … More >>
