November 12, 2008
Maybe… Maybe not…
The presentation indicated help.
The Federal Housing Finance Agency announced a major initiative that aims to sandbag the flood of foreclosures.
The program will simplify and streamline the loan modification plan to get struggling homeowners into mortgages they can afford.
But, there is always a caveat.
“It is an achievable goal if homeowners, banks, mortgage servicers, investors, [...]
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April 15, 2008
Reports out today indicate that foreclosures and inflation are rising.
Home foreclosure filings surged 57 percent in the 12 month-period ended in March and bank repossessions soared 129 percent from a year ago, as homeowners struggled to make mortgage payments, real estate data firm RealtyTrac said on Tuesday.
For the month of March, foreclosure filings, default notices, auction [...]
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