The Faces of Foreclosure
Each day many homeowners receive a foreclosure notice all across the United States, effecting not just neighborhood but from the inner city to middle class, and even the quite wealthy areas. Many of the foreclosures have hit young families, first time homebuyers and middle age couples. So, who’s to blame? Everyone is pointing fingers at [...]
California Foreclosure Filings Slow Down in September
According to September 2008 California Foreclosure Report released by ForeclosureRadar.com, the notice of defaults (NODs) fell 61.8 percent in September due to new legislation that went into effect on September 8th. The report says the drop in foreclosure filings was due to the California State Senate Bill 1137 which requires lender to contact default homeowners [...]
Senate to Approve Measure
The Senate voted 72 to 13 to approve the latest hoiusing bill to halt the steep slid in housing pricies and keep hundreds of thousands of families from foreclosure. President Bush is planning to sign off on the deal this coming week. Unfortunately, the bill won’t be helping all homeowners. These are the facts: Approximately [...]
