11 Feb
Posted by Julia Redstone as Foreclosure Crisis
There are weak signs that the foreclosure crisis is retreating. The number has fallen again last November marking a trend that has been continuing for the last four months. The banks are appearing to be more amenable by putting in more effort to modify mortgages.
But tucked away in some corners bombs are ticking threatening to [...]
05 Feb
Posted by Julia Redstone as Foreclosure Crisis
The earning reports coming from Goldman Sachs and JPMorgan Chase show that the working people of America have not only been injured by the foreclosure crisis but they have also been insulted.
The balance sheets of these jumbo banks are in robust health, profits have spiked and the bonuses of the top brass are astronomical. [...]
07 Jan
Posted by Julia Redstone as Foreclosure Crisis
There are weak signs that the foreclosure crisis is retreating. The number has fallen again last November marking a trend that has been continuing for the last four months. The banks are appearing to be more amenable by putting in more effort to modify mortgages.
But tucked away in some corners bombs are ticking threatening to [...]
25 Nov
Posted by Julia Redstone as Foreclosure Crisis
Most of the potential purchasers are below 35. They are confident that the foreclosure crisis will not cause any further drop in real estate. Out of every 20 citizens, one has plans to buy a house. Most of them are 35 or below residing either in the West or South according to a study conducted [...]
30 Sep
Posted by Julia Redstone as Foreclosure Crisis
Like any other type of illness those who are financially ill thanks to the real estate muddle need to be hospitalized. This basic idea started a train of thought among the enterprising that see opportunities at every corner.
Antonio Randazzo had been earning $1.5 million per year selling his sales leads to mortgage bankers and brokers. [...]
30 Jul
Posted by Julia Redstone as Foreclosure Crisis
War has been declared by interested lobbies against the setting up of a new regulatory agency by the Obama government. The announcement was made on 17th June by the President. However already compromises had been introduced that might defeat the very purpose of the plan.
Nevertheless the plan is advanced in many ways. It has admitted [...]
18 Aug
Posted by Richard Dougherty as Foreclosure Crisis
Highest foreclosure rates have been reported in many states of Stockton, Detroit, Las Vegas and Riverside. These states have reported such a massive hike in the foreclosure rates due to the increase in the number of defaulting borrowers in these areas who could no longer keep up with their mortgage payments. The only respite [...]
06 Feb
Posted by Julia Redstone as Foreclosure Crisis
The engulfing foreclosure crisis in all the States of the U.S. nation has caused untold havoc to the real estate business in general and builders and promoters of properties in particular.
During the boom years, while newly built up homes and condos were selling like hot cakes in prime locations and most sought after areas [...]
