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
It is time for government officials and critics to stop blaming various groups for the foreclosure crisis. It is time for supporting Obama’s program to enable it to help Americans save their dwellings from becoming foreclosed homes. " As more than 100 houses in the Chicago...
created by cassy82 | 39 wks ago 50 views | 0 recommendations | 1 comment
Freddie Mac has asked the U.S. Treasury for an additional funding of $30.8 billion to enable it to continue carrying out its mission of helping avert further foreclosures. In the fourth quarter of 2008, Freddie...
created by cassy82 | 39 wks ago 38 views | 0 recommendations | 0 comments
About 1,000 families in Orange County, California have been living in motels, many of whom have been forced out of their homes after going into foreclosures. Local officials said it is possible these families...
created by cassy82 | 40 wks ago 247 views | 0 recommendations | 0 comments
President Barack Obama, who is currently on a road trip to gather support for his economic recovery plan, is expected to disclose details of his foreclosure prevention plan in Arizona, one of the states that suffered greatly from the housing crisis. "Details of the...
created by cassy82 | 43 wks ago 277 views | 0 recommendations | 0 comments
The U.S. Department of Housing and Urban Development recently allotted $91 million dollars to address the Florida foreclosures. The amount is expected to help the entire state, according to Gov. Charlie Crist. "...
created by cassy82 | 45 wks ago 158 views | 10 recommendations | 0 comments
As the housing market continues to fall due to falling home prices and home sales, and the flood of foreclosures, the government continues to come up of ways to address these problems. " With the $819 billion economic stimulus bill passed by the House, first time home buyers...
created by cassy82 | 45 wks ago 400 views | 0 recommendations | 2 comments
In a new announcement that left the mortgage market dumbfounded, the Federal Reserve and the National Treasury announced that it will release another $800 billion in funds to new lending programs to get the credit market running once more and to force mortgage rates down in a...
created by cassy82 | 1 year ago 211 views | 0 recommendations | 0 comments
After several months of waiting, beleaguered homeowners with loans guaranteed by mortgage giants Fannie Mae and Freddie Mac will receive assistance from the federal government. The Federal Housing Finance Agency, recently announced this new plan to stop foreclosures, which is...
created by cassy82 | 1 year ago | updated 1 year ago 38 views | 10 recommendations | 0 comments
"In Indiana, the Attorney General has decided to file a court injunction against foreclosure rescue company National Foreclosure Consultants as response to the growing number of complaints that the state has...
created by cassy82 | 1 year ago | updated 1 year ago 104 views | 0 recommendations | 0 comments
"In California, distressed homeowners will be able to have a fighting chance against foreclosure ever since the passing of the new state legislation Senate Bill 1137. The said law requires the mortgage lender or...
created by cassy82 | 1 year ago | updated 1 year ago 190 views | 2 recommendations | 2 comments
The joy of owning your very first home can never be surpassed. But if you are not too careful, you might find yourself in a fix and lose your home to foreclosure.This is actually the story of millions of Americans...
created by cassy82 | 1 year ago | updated 1 year ago 68 views | 0 recommendations | 0 comments
Truemors
Federal Government Takes Measures To Stop Florida Foreclosures