Archive for October, 2009
Job Loss, Price Decline Push Up FHA ForeclosuresOctober 21st, 2009
Industry experts are pointing to the worsening labor market condition and dropping home prices as factors that will likely trigger a flood of FHA foreclosures. They said that these factors … More >>
Stricter Condo Lending Rules to Avert Government ForeclosuresOctober 20th, 2009
The languishing economy and rising unemployment rate are driving the number of government foreclosures to the roofs. As part of an effort to address the growing foreclosure problem, the … More >>
Residential Foreclosures: Quarter Decline, Yearly IncreaseOctober 20th, 2009
There are fewer residential foreclosures in Nashua, New Hampshire from July to September. However, the foreclosure numbers this year were already way pass the figures posted in the entire … More >>
BOA filed $20 Million Condo Foreclosures CaseOctober 19th, 2009
Chicago, Illinois developers MCZ/Centrum Florida XIV LLC are facing a condo foreclosures case at the Circuit Court of Manatee County in Florida. The case was filed by Bank of America (BOA) … More >>
Federal Homes Affordable Programs in NY Gets FundingOctober 19th, 2009
Several organizations in the New York counties of Westchester and Rockland will receive funds to support the federal homes affordable programs. Tens of thousands worth of funds will be … More >>
Foreclosure Short Sales and Lease-Option Agreements in ArizonaOctober 16th, 2009
Foreclosure short sales are becoming a popular option for distressed homeowners in Arizona who want to avoid foreclosure. But the option comes with a twist. The deal involves short selling … More >>
Maryland Prime Property on Commercial Foreclosures AuctionOctober 16th, 2009
A prime pier at the Canton Waterfront in Baltimore, Maryland has been placed on commercial foreclosures auctions. The waterfront pier is known for its picturesque and amazing views of the … More >>
Cash Aid to Help Homeowners and Reduce Foreclosure RatesOctober 15th, 2009
New Haven, Connecticut's housing assistance program has received a financial donation to help boost its goal to reduce the foreclosure rates in the area. The Knight Libertas, a unit of … More >>
Intense Foreclosure Investing Gives Hope to the Housing MarketOctober 15th, 2009
Foreclosure investing is proving to be a gold mine to first-time home buyers and investors. Many investors today are willing to hold on to their properties and wait out for the market to … More >>
Housing Project Faces Foreclosure CrisisOctober 14th, 2009
A housing project in downtown Belmont in North Carolina has been taken over by Sun Trust Bank, making the partially-developed subdivision one of the latest victims of the foreclosure … More >>
