Rapid home equity growth calms foreclosure crisis fears

As government backed foreclosure moratoriums edge closer to expiration, the number of borrowers who’re still under some kind of bailout program is declining fast. But the future is not as bleak as some may have feared for those who’re still in trouble. Data from Black Knight shows there were 1.618 million American borrowers still in

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Atlanta Housing Market Then and Now

Atlanta, Georgia has always been one of the stellar housing markets in the United States for a variety of reasons. First, and foremost, is Atlanta’s southeastern location

Is The End Of The Foreclosure Crisis In Sight?

Could the foreclosure crisis finally be fading away? REO and short sales comprised about 11 percent of total home sales in July, the lowest share since December 2007, CoreLogic reports.

Lawsuit Brought Against California for Diverting Housing Funds

Three nonprofit home owner counseling organizations are suing California government officials, accusing the state’s governor of misappropriating $369 million in funds that were supposed to be used to help struggling home owners.

Foreclosure Crisis Slowly Coming To An End

The foreclosure crisis is ebbing away – but only in some parts of the country. Whilst most of the rest of the nation is slowly getting back on its feet, there are still five states that account for almost fifty percent of all completed foreclosures in the country.

RealtyTrac: Foreclosure Crisis “Well Past It’s Peak”

There’s still some way to go but all the signs are that the foreclosure crisis is finally coming to an end. Latest figures from RealtyTrac show that foreclosure filings have continued their downward trend, falling to the lowest level since April 2007 at the end of last month.

Foreclosures Make Kids Sick, Slow Learners, and Increase Dropouts

Studies have documented a correlation between foreclosures and everything from nausea, fevers and abdominal pain to hypertension, depression, chest pain and diabetes – in adults. Children, however, have been the unseen victims of a lost home – until now…

Time To Call In The IRS To Stop The Foreclosure Crisis

The government’s attempts to “fix” housing, and stop the foreclosure crisis via various programs have failed miserably. We’ve seen a 7 trillion dollar loss in the value of the U.S. housing market, and trillions more spent for bank bailouts, yet home sales are down and foreclosures continue at record levels.

Obama’s Foreclosure Fix Failures

The Obama administration’s attempts to deal with the foreclosure crisis have been nothing short of abysmal. As of right now, more than 6 million American homeowners remain under threat of foreclosure, or are behind on their mortgage payments. Property prices are continuing to fall, and inventories across the U.S. are overwhelmed with foreclosed homes. Obama’s

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California Attorney General Pulls Out Of Bank Settlement

California’s Attorney General Kamala Harris has announced she is pulling out of multi-state foreclosure practice negotiations which are currently under way with some of the country’s biggest banks, saying she intends to pursue her own investigations in an attempt to reduce foreclosure numbers and reform bank practices. Harris, in a letter to the committee, said

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