Archive for May, 2009

Small Investment Firms Buying Foreclosed Homes for SalesMay 21st, 2009

As the number of foreclosed homes for sales increase, a rising number of small investment firms and individual investors are traveling across the country buying foreclosed homes at … More >>

Homebuilder and Financial Stocks Rose Despite ForeclosuresMay 20th, 2009

Stocks of homebuilders gained today despite setbacks arising from continued forclosures in many areas of the country. More >>

Expanded Program Could Help Reduce Foreclosed Houses in FloridaMay 19th, 2009

Southwest Florida distressed homeowners are given a small measure of hope with the Obama Administration's announcement of the enhanced $75 billion foreclosed houses prevention program. More >>

Foreclosed Homes Prevention Program to Benefit South FloridaMay 18th, 2009

Distressed homeowners in South Florida who are facing foreclosure or who owe more than the value of their properties are provided hope by the enlarged $75 billion foreclosed homes … More >>

Residents Get Help to Avoid Foreclosed Homes ForeclosureMay 18th, 2009

Chicago, Illinois-based troubled borrowers who want information on how to avoid foreclosed homes foreclosure may have another venue to go. Citibank and Westside Ministers Coalition have … More >>

Low Interest Rates Prevent More Bank Foreclosed HomesMay 18th, 2009

The decision of the U.S. Federal Bank to lower interest rates has allowed some distressed homeowners to refinance their mortgage and avoid bank forclosed homes, according to Dallas Federal … More >>

Families Join Forces to Buy from Foreclosed Homes ListingsMay 16th, 2009

During these difficult times, most families come together. Family members not only help bear the severe effects of the foreclosure crisis, they also help each other to capitalize on … More >>

American Dream Gone with the Foreclosed House for SaleMay 16th, 2009

The lives of sheriffs and homeowners are increasingly getting intertwined as the foreclosure crisis threatens the American dream. Every time a sheriff goes to a property and turns it into … More >>

44-Month Study on Foreclosed Houses for Sale in Long IslandMay 16th, 2009

In a 44-month New York Times study of over 218,000 foreclosure filings and foreclosed houses for sale in New York City, Long Island, New Jersey and Western Connecticut from 2005 to August … More >>

More Immigrants, Latinos Evicted from Foreclosed HomesMay 15th, 2009

A report from the Pew Hispanic Center on foreclosure rates in counties across the U.S. stated that there are more foreclosure houses in counties that have bigger share of immigrants. More >>