Foreclosure

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An avalanche of foreclosures in California and Florida

If you thought that the housing market couldn’t get any worse, you get wrong. The Sun Sentinel reported this:

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US Foreclosures Rise 53% in June, One In 122 Houses

Foreclosure filings rose 53% in June from a year earlier and repossessions almost tripled, according to RealtyTrac. Nevada retained its title as the Foreclosure Capital of America with one in every 122 households in some stage of foreclosure, more than four times the national average.

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Foreclosure.com Partners With Z57 On Foreclosure Listings

The top provider of distressed real estate listings Foreclosure.com aims to enhance marketing opportunities and Web site content for more than 15,000 Z57 agents in the housing market.

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Foreclosure Trackers offers free Seminar: how to turn a foreclosure into investment

Foreclosure Trackers, Inc., a one-stop foreclosure resource for investors of all levels, will present a workshop titled, “Defaulted Mortgages: Turning Foreclosures into Investment Income” on Thursday, June 12 from 7-9 p.m.

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Foreclosure rate rises to highest since 1979

Homes in foreclosure and homes entering the foreclosure process are up to levels not seen since 1979 reported the MBA today. Mortgage Bankers Association says more than One Million homes are up for foreclosure in USA as the housing market is in crisis.

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Ed McMahon’s Beverly Hills Mansion in Foreclosure

Ed McMahon, 85, sounds like he could stand to win the Publisher's Clearing House right about now. The TV personality is said to be in default on a $5 million loan and in imminent danger of losing his Beverly Hills mansion.

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Defaulted Mortgages: Turning Foreclosures into Investment Income

Foreclosure Trackers Inc. offers free workshop educating investors how to profit from defaulted mortgages

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The Number of REOs Keep Rising

The number of foreclosed homes owned by lenders continues to rise despite signs that they are increasingly willing to slash prices to sell those properties.

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Fiscal Stimulus Package Fails to Stem Rising Foreclosure Filings

According to RealtyTrac, 243,353 foreclosure filings were recorded for the month of April. This was a 65% increase year-over-year and a 4% rise from March.

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Large increase in number of foreclosures across US

Recently released figures have revealed that the number of foreclosures in the US state of California has more than quadrupled. The figures for the first quarter of 2008 show a significant increase on previous figures.

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Rising Health Care Costs - Their Effect on Your Retirement

Medical bankruptcies have increased 20 fold in the last 20 years. How will increasing health care costs effect your retirement?

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Fannie Mae Releases Warning To Those Facing Foreclosure

If you are facing foreclosure or planning to walk away from your mortgage obligations, Fannie Mae has a strict warning for you.

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