White House promised more help to avoid foreclosures

The national moratorium on federally backed mortgage foreclosures is set to expire at the end of the week, and the White House has responded by promising more financial aid to struggling homeowners. Data from Black Knight shows that around 1.5 million U.S. homeowners are still seriously delinquent on their mortgages, which means they have failed

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Industry Spotlight: Ocean City Development, LLC

Although Massachusetts has seen a significant drop in foreclosures over the last twelve months, 1.9% of all home mortgages in the state are still in distress. The lower foreclosure rates in Massachusetts are certainly a sign that the real estate market has stabilized and the demand for housing has improved, but what if you’re currently a home owner facing foreclosure and don’t know where to turn?

Help for Oregon Homeowners Headed Towards Foreclosure

John Bacon of Keller Williams Realty is a Certified Distressed Property Expert (CDPE) and points out that “Nationwide, 10.9 million or 22.5% of all homeowners with a mortgage owe more on their property than its worth in the current market, and another 6.3 million are in some stage of foreclosure.” Bacon goes on to say

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