Archive for April, 2009

California Priest Helps Fight Foreclosed HomesApril 24th, 2009

Here is a priest who not only looks after the spiritual needs of his flock but their housing needs as well. He helps them not only to get saved from sin but also helps them save their … More >>

Sales from Florida Foreclosure Listings Up, Prices Still DownApril 24th, 2009

Sellers of existing homes, including Florida foreclosure listings, are pleased that existing-home sales are up, but they are hurting from their failure to sell their homes at the price … More >>

Idaho Cuts Out Foreclosed Homes ScammerApril 24th, 2009

A company sued by the U.S. Federal Trade Commission in February for violation of the Federal Trade Commission Act was ordered by the Idaho Department of Finance to stop operating its … More >>

Repo Homes Scammer Gets 10 Years in PrisonApril 23rd, 2009

Lizette Morice, a 42-year-old businesswoman from Ewing Township, New Jersey, has been sentenced by a court in Philadelphia to ten years in prison for recruiting almost 2,800 people to … More >>

Senate Approves Probe on Crisis and Foreclosed HomesApril 23rd, 2009

The effects of hundreds of thousands of foreclosed homes across the country are so devastating that the U.S. Senate was spurred to create legislation to ensure the foreclosure crisis that … More >>

Green Swimming Pools Signify Foreclosed HomesApril 23rd, 2009

Now the extent of the effect of foreclosed homes can also be measured by mosquito control professionals, entomologists and mosquito fish producers through the number of ditched pools that … More >>

Sacramento Repo Homes Auctioned Off QuicklyApril 23rd, 2009

A total of 190 repo homes were sold for a total of $21 million by auctioneers Real Estate Disposition Corp. and Hudson & Marshall in Sacramento last weekend. More >>

Freddie Mac Chief David Kellermann Found Dead in his PremisesApril 22nd, 2009

Police sources have confirmed the news of the death of acting CFO, David Kellermann engaged with the well known mortgage firm, Freddie Mac but now faced with troubled times ahead. More >>

Foreclosure Listings Push Down Houston Home SalesApril 22nd, 2009

Home sales and home prices of Houston foreclosures both declined in March by 16 percent, as foreclosure lists continue to rise, according to data gathered by the Houston Association of … More >>

Repo Homes – Sell at Bargain Prices or Keep as REO Rentals?April 22nd, 2009

After Fannie Mae, Freddie Mac and most mortgage banks lifted their foreclosure moratoriums in March and pushed up their inventories of repo homes to higher levels, they are now split on … More >>