time.com — Foreclosure filings across the U.S. nearly doubled last month compared with September 2006, as financially strapped homeowners already behind on mortgage payments defaulted on their loans or came closer to losing their homes to foreclosure
Oct 12, 2007 View in Crawl 4
309eastOct 12, 2007
Woot! Maybe in a couple years houses will be affordable again.
zdigglerOct 13, 2007
I want to see prices of the homes come down a bit from that so I can finally buy a home and build a man cave in there.
bratpack8Oct 13, 2007
They already are. Google 'sovereign wealth funds' (SWF). China hired an American financial company to invest money in their SWF's into non-dollar assets. The problem with a country like China simply dumping dollars into the marketplace all at once hurts them just as bad, and could cause our morons in DC to do something stupid politcally, like attack them. Via the SWF, which are secret funds that don't need to be disclosed, these countries can do the same thing over a period of time. Again, this is only the beginning of this mess. The only candidate that is talking about this mess is Ron Paul.
withincontextOct 16, 2007
The fact that you're breeding like a Mormon whilst still attending school has me a little concerned.
dickbakerOct 21, 2007
It takes two to tango: the borrower and the lender. If the borrower is going after a home beyond what's reasonable, then he/she should pay the consequences. And there ARE lenders who are to blame as well. I got caught in a bait-and-switch back in 2004. The lender told me I was qualified for a 15 year at 4.875%. She knew that I was up against the wall timewise. So, when we got closer to closing, she dropped the bomb: I was getting a 30 year ARM at 5.625%, adjustable after two years. When the two year adjustment period was about to end, I got a notice that my rate was going to 8%!Fortunately, my wife and I refinanced immediately, and got a 30 year fixed at 6.5%.That broker was just one of many who are unethical.What ticks me off about the current crisis is that the .gov is going to help bail out the credit companies, and taxpayers are going to foot the bill. The companies were reckless, and they should pay to fix their own problems.
evidentNov 21, 2007
There are even more fascinating statistics about US foreclosures here:<a class="user" href="http://www.mortgage-foreclosure-litigation.com/scary-mortgage-foreclosure-statistics/">http://www.mortgage-foreclosure-litigation.com/sca ...</a>
coldplatterJan 23, 2008
I was having trouble myself. there are many programs available to help. I read an ebook at <a class="user" href="http://www.stopforeclosureyourself.net">http://www.stopforeclosureyourself.net</a> it help me a lot.
marzeFeb 2, 2008
More than 2.2 million foreclosure filings, bank repossessions and auction sale notices were reported on 1,285,872 properties nationwide in 2007 according to a report by RealtyTrac.<a class="user" href="http://www.stopforeclosureus.com">http://www.stopforeclosureus.com</a>
joeparrish5Mar 31, 2008
Foreclosure auctions are not all they are cracked up to be. Many of the houses that are being foreclosed on in todays market have mortgages that are higher than the houses worth. Many auctions will advertise properties with bids starting at "$99,000" while the house was previously valued at "$250,000" to attract buyers. What they do not always advertise is that the bank has the right to deny any winning bid. This means that if the winning bid does not cover the mortgage that is owned on the house, the bank will refuse to sell. Most auctions today are panning on the fact that people will get caught up in the excitement and hype of the bidding process and overbid on properties. In todays foreclosure market, you are better off surounding yourself with experienced people who are working for you before you get involved in any deal. They are out there, you just need to know where to look. Check out our free database of Massachusetts bank owned, rehab and short sale properties at <a class="user" href="http://www.bankownedbrokers.com">http://www.bankownedbrokers.com</a>
rsjmillerJun 14, 2008
Here's a better place to get foreclosure stats<a class="user" href="http://www.realtystore.com/blog/">http://www.realtystore.com/blog/</a>
schmuckguyJul 25, 2008
For foreclosure listings in Solano County (northbay) check out <a class="user" href="http://www.solanocountyforeclosures.com">http://www.solanocountyforeclosures.com</a>
mrhooplaNov 30, 2008
Foreclosures are happening more than ever now and it's time that we do something about it. People need to be aware of what is happening in the housing market and they need to know how to deal with foreclosure.<a class="user" href="http://howtodealwithforeclosure.com/">http://howtodealwithforeclosure.com/</a>
chud31Jan 24, 2009
The newest alternative to foreclosure: Loan Modification<a class="user" href="http://www.mortgage-loan-modification.org/requestinfo/">http://www.mortgage-loan-modification.org/requesti ...</a>
joanwestFeb 19, 2009
"A way has ALREADY been here to get us out of this terrible housing collapse and frightening recession, but the home lenders aren?t willingly doing it. Why? Uncle Sam has had since 2005 that Home Loan Modifications are the REQUIRED way to avoid foreclosure, but the mortgage lenders are NOT willingly doing them. Why?Is Your Lender A Patriot Or Terrorist? Part 2, <a class="user" href="http://www.babelation.com/?q=node/1730.">http://www.babelation.com/?q=node/1730.</a>Just Do The Required Home Loan Modification, <a class="user" href="http://reno.broowaha.com/article.php?id=4070&quot;">http://reno.broowaha.com/article.php?id=4070&quot;</a><a class="user" href="http://www.npr.org/templates/story/story.php?storyId=100804758">http://www.npr.org/templates/story/story.php?story ...</a>