Foreclosures remain low as moratoriums stay in place

Foreclosure activity in the U.S. remains low due to the continuation of moratoriums ordered by federal and state governments in the early stages of the coronavirus pandemic, even as mortgage delinquencies rise. “It’s inevitable that there will be a significant increase in foreclosures once these moratoriums have expired, although it’s unlikely that we’ll see default

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Foreclosure Solutions: Saving Your Home before Foreclosure

If you’re facing foreclosure, chances are high that you are feeling a little defeated and discouraged. You don’t have to let your situation get you down, however. It’s not over until someone says

US Foreclosure Picture Worsens in August

Confusing signals, that’s what conflicting reports of a real estate market gaining momentum and one headed back into the doldrums are good for. According to RealtyTrac’s August forecolusure report, defaults in the US are on the rise again.

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.

UK Housing Minister Announces £20 Million Fund to Help Prevent Repossessions

The UK Housing Minister, Grant Shapps, has announced there will be a new £20 million Preventing Repossessions fund to help homeowners in danger of being repossessed, something which will enable local councils to offer interest-free loans to homeowners.

Advocate & Foreclosure Specialist Releases New Book and Website

Consumer advocate and foreclosure specialist, Michael R. Bang has just published his latest book, ‘Walk Away-How to Strategically Default on an Underwater Mortgage,’ which alongside his new website is aimed at helping struggling consumers understand their rights. Many Americans are still facing difficulties due to the housing crash and economic downturn and are looking towards

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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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RealtyStore Releases New Lead Generation Program for Professionals

RealtyStore which is a leading provider of foreclosure and vale real estate has just announced a new program for real estate professionals. It is expanding its lead generation service nationwide. This is a low cost way for real estate professionals to promote their services to more than one million motivated visitors every month. Tim Chin,

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What One Million Foreclosures Really Means

With the announcement that 2010 was another record year for foreclosures, how long will it take for the reality of this economy to sink in? Experts predict 2011 will be no better as up to 1.2 more millions of homes will hit the auction block this year. Is it time for a New Deal? The national debt is staggering, and the job market show little sign of improving. Some say drastic action is needed.

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