Dallas foreclosures have been soaring in high-end neighborhoods over the past several months. This year, the number of homes in the $1-million price range that faced foreclosure this year increased by over 20 percent."Dallas foreclosures have been surging in high-end...
created by cassy82 | 1 day ago 11 views | 0 recommendations | 0 comments
The report that over 300,000 foreclosure notices were filed in June showed that the federal program crafted to contain foreclosed homes has not been progressing as planned. Almost 15 percent of all homeowners in...
created by cassy82 | 22 wks ago 87 views | 5 recommendations | 2 comments
The Obama administration is considering at least two options to help more homeowners under its foreclosed home prevention program. The options include loan forbearance and rental agreement. " Because of continued pressure on the Obama administration to step up its foreclosed...
created by cassy82 | 22 wks ago 107 views | 0 recommendations | 1 comment
Allow banks to fail. That is what Republican Senators Richard Shelby of Alabama and John McCain of Arizona suggested even if it means shareholders will also suffer as a consequence. " Allowing some big troubled banks to close and funneling the relief funds to the housing...
created by cassy82 | 40 wks ago 48 views | 0 recommendations | 0 comments
The Senate Banking Committee, chaired by Christopher Dodd, is preparing a financial regulatory reform legislation to be released by April 2009, the deadline requested by President Barack Obama. " Already, Dodd plans to schedule hearings for several months where he expects to...
created by cassy82 | 45 wks ago 48 views | 0 recommendations | 0 comments
The Treasury Department seems unsatisfied with The Federal Deposit Insurance Corporation’s $ 24.4 billion plan to modify mortgage loans in an effort to stem the foreclosure crisis. Instead, Treasury Interim...
created by cassy82 | 1 year ago | updated 1 year ago 26 views | 0 recommendations | 0 comments
As the problems in the housing industry continue to trample on the nation’s economy, there is an increasing number of communities that are becoming affected by the large inventories of foreclosure homes. With a...
created by cassy82 | 1 year ago | updated 1 year ago 46 views | 0 recommendations | 0 comments