San Francisco Bank Foreclosures Growing with Prices Falling

San Francisco bank foreclosures are still growing and prices are still falling, based on data released by research firms in California. Default notices in the third quarter increased compared to last year’s quarter, but dropped compared to the previous quarter. " San...

Los Angeles Bank Foreclosures Delayed But Not Canceled

Recent market data showed that the number of Los Angeles bank foreclosures continues to increase despite the federal government program to help distressed homeowners save their properties from repossession. So...

Bank to Help Homeowners Prevent Repo Homes

JPMorgan Chase has decided to place servicers in its various mortgage centers and branches to work with housing counselors in helping distressed homeowners prevent repo homes. " JPMorgan Chase, a global financial...

Florida Approved Foreclosure Fraud Bill

Fraudulent foreclosure rescue service providers are sweeping the country, preying on unsuspecting and vulnerable homeowners who are facing the threat of foreclosure. Scammers promised struggling homeowners that they will help in saving their properties. After they have won...

Attorney Oppenheim Exposes a Defect in Florida’s Foreclosure...

Roy Oppenheim, a residential foreclosure attorney and a partner at Oppenheim Pilelsky, is exposing a defect in Florida foreclosures proceeding by demanding that banks and lenders show proof of true mortgage...

A Grand Strand Banker Proposes a New Foreclosure Plan

Developing a system of saving homes from foreclosures and spending the $700 billion-worth bank bailout are often discussed in Wall Street and Capitol Hill."But seeing the foreclosure problems increasing in South Carolina, a mortgage banker who has been in service for long...

California AG Arrests 3 Foreclosure Scam Artists

One of the reasons for the millions of homeowners homeless due to foreclosure is predatory lending practices. These were perpetrated by both mortgage lenders and servicers who did not care about the homeowners at all but were only concerned about their commission. To make...

Chase: No Foreclosure for 3 Months

With both the government and non-profit organizations working hand in hand to curb foreclosure crisis, it is not surprising that lenders such as JP Morgan Chase has also decided to extend their help to distressed...

Horses: New Foreclosure Victims

In California, the foreclosure crisis has not only resulted to families becoming homeless. In its wake, it also left behind a lot of abandoned animals such as horses."The state was definitely hit hard by the...

Government Eyes Loan Modification Program to Curb Foreclosure

If everything goes as planned, the government will be able to provide genuine assistance to approximately 3 million distressed homeowners, allowing them to avoid foreclosure. The help comes in the form of a $50...

Foreclosure Worsens Neighborhood Conditions

Since there is obviously no end in sight for the foreclosure crisis just yet, it is not surprising that even neighborhoods are experiencing difficulties because of these foreclosure properties. "In Queens, a...

Foreclosure Fears and Staying Way from Predatory Foreclosure Rescue Operations

Many distressed homeowners are exploring solutions to their mortgage problems in order to avoid losing their homes to foreclosure. In desperation, some of these homeowners turn to foreclosure rescue companies...

Evander Holyfield: Latest Foreclosure Victim

Everyday thousands of homes enter some stage of foreclosure due to different reasons. This clearly shows that no one is immune to the foreclosure crisis that is currently affecting the entire nation. Take for...

3Q Foreclosure Filings Soar 71%

For the period covering July to September, the number of foreclosure filings has skyrocketed by 71 percent compared to the same period last year. The said percentage represents about 766,000 homes which entered...

Foreclosure Court Adds More Judges

If you are still having trouble picturing the current housing market conditions, you should only look at the foreclosure court in Cook County, Chicago. In order to keep up with the soaring number of foreclosure...

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