Wayne County runs ads in paper showing foreclosures in Detroit and other Detroit suburbs inside the county. This is before the Big Three go under.
A federal report just came out that more people are late on their home mortgage payments and face default. Conveniently, these people do not qualify for help from the federal government. Sawsan Zaky says that not many people are able to modify their loan even though the banks are saying they would like to work [...]
Foreclosure Angel A woman buys a stranger’s foreclosed home… and gives it back to her. If you want to know more about this angel contact her on facebook and send her a message here: www.facebook.com Marilyn Mock Says ‘People Need to Help Each Other’ By JONANN BRADY Tracy Pottsboro lost her job and then her [...]
The number of home foreclosure filings jumped by nearly 20 percent during the first quarter of 2010. Anthony Mason reports on this new wave of bank repossessions and its overall effect on the US economy.
In this new web commercial from Freddie Mac, learn to spot a foreclosure scam and find out how to avoid becoming victim to home foreclosure fraud. (Follow this link for a Spanish version: www.youtube.com/watch?v=qQQJ6unRYaY)
Home foreclosures are reaching record levels in many parts of the country. And it’s no wonder, since most people who can’t make their payments do the opposite of what they should. If you’re behind in your mortgage, heed this expert advice from money reporter Stacy Johnson.
The number of US homes lost to foreclosure surged in July, another sign lenders are moving quicker to take back properties from homeowners behind in payments. (Aug. 12)
Facing foreclosure? Info at www.consumerwarningnetwork.com may help. Your goal is to make certain the institution suing you is, in fact, the owner of the note. There is only one original note for your mortgage that has your signature on it. One such case is profiled on CNN’s Your Money.
A new wave of homeowners who pay their mortgages on time are now facing foreclosure after losing their jobs in the slumping economy. Ben Tracy has more.