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Foreclosure WareHouse Blog

Foreclosure WareHouse Blog
The Foreclosure Warehouse Blog is dedicated to bringing you the news you need to know to be a successful foreclosure investor. You’ll find advice and statistics on where foreclosures are happening and how you can buy them, information on HUD happenin
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Articles

Bank of America Invites US Homeowners for Principal Reduction
2012-05-29 13:52:00
There is good news for all the borrowers having a mortgage deal with Bank of America because in the last week it has been announced by this bank that many homeowners struggling with foreclosed properties who are eligible for loan modification will soon receive a letter on behalf of this lender stating that there will be a reduction in their respective principal amounts.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Bank of America Invites US Homeowners for Principal Reduction
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Maximum Foreclosure Figures and Delinquency Rates Seen in Florida
2012-05-22 19:31:00
After a survey in 366 metropolitan regions in United States, a national analysis report has been published last week which shows that the greater Miami region is contributing the maximum number of foreclosure cases in the country region wise.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida , Georgia, Michigan, Texas and all US States - Maximum Foreclosure Figures and Delinquency Rates Seen in Florida
More About: Real Estate , Foreclosures
Increase in Foreclosure Filings Up by 7% in March
2012-05-17 15:56:00
According to RealtyTrac, the number of fresh foreclosure filings in the country has increased by 7% this March , the third consecutive month showing an increase in foreclosure numbers. This increase in foreclosures shows that the foreclosure crisis is not over for the country.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Increase in Foreclosure Filings Up by 7% in March
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2012 Brings an Increase in Foreclosure Numbers for Beaufort County
2012-05-08 18:58:00
The first three months of 2012 in Beaufort County experienced a remarkable rise in the total number of foreclosures. In comparison to the last quarter of the previous year, there has been a straight 40% increase in the total number of foreclosed properties from January to March 2012.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - 2012 Brings an Increase in Foreclosure Numbers for Beaufort County
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CoreLogic States: Foreclosure Rate in February 2012 Moved Down
2012-05-03 14:01:00
Recently, CoreLogic has published the National Foreclosure Report for the month of February which reveals the present status of delinquency rates and foreclosure inventory in the country. According to this report, there were nearly 65,000 foreclosure cases which were completed this February.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - CoreLogic States: Foreclosure Rate in February 2012 Moved Down
More About: Real Estate , Foreclosures
41% Drop in Foreclosure Activity in Scranton ? Wilkes Barre ? Hazleton
2012-05-02 14:36:00
On the basis of a report published by a Los Angeles based company, RealtyTrac which keeps track on all the housing transactions, the rate of foreclosure activity in the metro area of Scranton?Wilkes-Barre?Hazleton moved down by 41% in the first three months of 2012 in comparison to the same period a year ago.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - 41% Drop in Foreclosure Activity in Scranton – Wilkes Barre – Hazleton
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Children are Suffering from the Adverse Impacts of the Foreclosure Crisis
2012-04-26 18:38:00
A bipartisan advocacy agency in Washington DC, First Focus deals with family welfare. This agency has recently published a report which reveals that nearly 2.3 million US children have been affected due this prolonged 5 year foreclosure crisis.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Children are Suffering from the Adverse Impacts of the Foreclosure Crisis
More About: Foreclosures
Another Foreclosure Tsunami to Hit Different States in the US
2012-04-24 11:00:00
After the 49-state settlement with the five leading banks of United States, lenders have started processing all their backlog foreclosure cases. This has moved up the rate of foreclosure filings in nearly 26 states of the country from April 2012.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Another Foreclosure Tsunami to Hit Different States in the US
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Foreclosure Scrutiny Against 8 Financial Institutions in the US
2012-04-19 19:18:00
The federal regulators of United States are getting ready to assault eight financial agencies of the country which includes PNC Financial Services in Pittsburgh, SunTrust Bank, US branch of HSBC, OneWest, MetLife, Goldman Sachs, US Bancorp and EverBank.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Foreclosure Scrutiny Against 8 Financial Institutions in the US
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MERS Foreclosure Matter Moved to the Supreme Court in Oregon
2012-04-17 18:56:00
The federal and state courts of Oregon are giving a variety of opinions about the controversial electronic mortgage registration system which has been used all across the nation to carry out foreclosure processing. With so many different opinions from courthouses, the matter will soon move to the Supreme Court for proper justice.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - MERS Foreclosure Matter Moved to the Supreme Court in Oregon
More About: Foreclosures , Mortgage
Rebirth of Detroit Likely After Generating Foreclosure Free Neighborhoods
2012-04-12 20:01:00
According to an analysis by Detroit News, nearly one fourth of the foreclosed properties of 2006-07 has been demolished or is waiting demolition. For the Mayor of Detroit, Dave Bing, it is his top priority to reshape the city with foreclosure free neighborhoods.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Rebirth of Detroit Likely After Generating Foreclosure Free Neighborhoods
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Serious Impact of Foreclosures Seen on the Rental Market in Rhode Island
2012-04-03 13:42:00
In a report about Rhode Island , it has been stated that the foreclosures in this state have taken a huge toll on the tenants here because there is a huge supply of multi-family properties. Owing to this large stock, the foreclosure inventory is shrinking and the impact of this is reflecting on the home prices here, which are increasing on a regular basis. Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Serious Impact of Foreclosures Seen on the Rental Market in Rhode Island
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Foreclosure Numbers are Almost Steady in Wrentham
2012-03-30 13:44:00
On the basis of recent data published by a Boston based real estate data agency, The Warren Group, it has been seen that the rate of completed and new foreclosure cases was stable in Wrentham last month.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Foreclosure Numbers are Almost Steady in Wrentham
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Mildford and MetroWest Areas Report Increase in Foreclosure Numbers
2012-03-29 13:32:00
In comparison to the number of foreclosures in February 2011, there were almost double the foreclosures in Mildford and MetroWest area in February. Such a significant spike in the rate of foreclosure clearly reveals that a large number of homeowners in this region are still losing their properties.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Mildford and MetroWest Areas Report Increase in Foreclosure Numbers
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Recovery Seen in the US Housing Market
2012-03-27 13:24:00
In the United States, last winter was a good season for the economy of the country and it was the best time for the real estate market in the last five years. The employment market got a boost last winter which has helped to increase the rate of home sales in the country.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Recovery Seen in the US Housing Market
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Owner Gets Another Chance to Win Back his Foreclosed Home
2012-03-23 12:41:00
Michael Boyter, aged 61 was the owner of a property situated in Bethel Island which has been foreclosed and auctioned off. He has filed a lawsuit against the lending bank about this foreclosure in the federal courthouse in San Francisco.Looking Foreclosed Home s? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Owner Gets Another Chance to Win Back his Foreclosed Home
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8% Decline in Foreclosure Seen in the United States in February
2012-03-21 12:23:00
The rate of foreclosure filings in United States moved down by 8% in this February which is the smallest decline on a year-over-year basis since the month of October 2010. In February, there were 206,900 borrowers who received foreclosure notices either to initiate the foreclosure process or for an auction sale of seized properties.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - 8% Decline in Foreclosure Seen in the United States in February
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To Settle MERS Scams in New York
2012-03-20 12:54:00
The five major banks in the United States have admitted that due to extensive use of electronic mortgage information without verifying the database, nearly 13,000 properties in New York had been foreclosed mistakenly. So, these banks have decided to offer $25 million as compensation to the distressed New York homeowners.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - To Settle MERS Scams in New York
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Affluent Properties in the Bay Area Also Feeling the Foreclosure Pinch
2012-03-16 13:00:00
For almost a decade, the foreclosure crisis has shattered the livelihood of the common people who took loans to purchase low priced housing units. At that time, the wealthier section of the country managed to make their mortgage payments but gradually they are also falling back in their payments.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Affluent Properties in the Bay Area Also Feeling the Foreclosure Pinch
More About: Foreclosures , Mortgage
Foreclosure Numbers Went Down
2012-03-15 13:24:00
In comparison to the rate of foreclosure activity in the past four years in California, the rate during the last quarter of the previous year was the second lowest rate in all these years. According to the housing data service, DataQuick, there are some reasons behind this significant drop in the foreclosure rate.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Foreclosure Numbers Went Down
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Georgia Sees Inflow of Funds for the Assistance of Distressed Homeowners
2012-03-14 13:06:00
For settling previous improper foreclosure practices, banks have decided to pay $815 million as compensation in Georgia . On the other hand, Governor Nathan Deal and other state legislators have decided to pay $104 million to settle all the foreclosure issues, and this amount is included in this $815 million.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Georgia Sees Inflow of Funds for the Assistance of Distressed Homeowners
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American Churches in Foreclosure
2012-03-13 13:01:00
Recent news in America deals with a good number of church foreclosures. Records reveal that taking the advantage of their religious entity, church authorities had been lagging behind on their regular mortgage payments for a long period of time.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - American Churches in Foreclosure
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Sudden Increase in Foreclosure Numbers After a Long Time in Tucson
2012-03-12 13:13:00
After prolonged period of low rate of foreclosure, the last month in Tucson region reported a sudden increase in the rate of foreclosure default notices that have been issued to the homeowners of this region to initiate the process of foreclosure.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Sudden Increase in Foreclosure Numbers After a Long Time in Tucson
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Habitat for Humanity Will Foreclose 25 Properties in Cleveland
2012-03-09 12:59:00
Habitat for Humanity is warning delinquent homeowners for over three years to respond to their warning letters within a period of 32 days to avoid foreclosure; otherwise, the organization will foreclose all the 25 properties where these warning letters have been issued.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Habitat for Humanity Will Foreclose 25 Properties in Cleveland
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Foreclosures Causing Violations in New York City
2012-03-08 13:29:00
A report has been recently issued by the Citizens Housing & Planning Council and Enterprise which states that due to the effects of foreclosure, home values in the housing market have moved down significantly, and along with that, the improper maintenance of foreclosed properties has also badly affected neighborhoods with single family homes.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Foreclosures Causing Violations in New York City
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Foreclosure Protection Bill Passed with Mixed Support and Opinion in Salem
2012-03-07 13:11:00
Mixed support and opinion from the Oregon Senate has passed the bill dealing with new rules for homeowners who are struggling with their foreclosed properties. This bill has been passed to provide assistance to struggling homeowners and help them stay away from foreclosure.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Foreclosure Protection Bill Passed with Mixed Support and Opinion in Salem
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Attorney General Calls on Mortgage Servicers to Suspend all Foreclosure Sal
2012-03-06 12:59:00
Attorney General of California, Kamala Harris called on the two giant mortgage servicers of the country, Fannie Mae and Freddie Mac to postpone all the sales of foreclosed properties in this state for the time being so that FHFA can go through all the modified policies that are part of the 49-state settlement.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Attorney General Calls on Mortgage Servicers to Suspend all Foreclosure Sales
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Minnesota has a High Foreclosure Rate
2012-03-01 15:24:00
According to a latest report, ?Foreclosure in Minnesota ?, published this week by the Minnesota Homeownership Center, the rate of foreclosure in most parts of the country is comparatively lower than the rate seen in previous years, whereas in Minnesota the foreclosure rate was still quite high.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Minnesota has a High Foreclosure Rate
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Pat Quinn Announces Rehabilitation of Abandoned Foreclosed Properties
2012-02-29 13:47:00
The Governor of Illinois, Pat Quinn has recently announced a new plan to assist the distressed homeowners by rehabilitating the abandoned foreclosed homes in Cook County. This program, named Illinois Building Blocks is a multi-pronged program.Looking Foreclosed Homes? Foreclosure Warehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Pat Quinn Announces Rehabilitation of Abandoned Foreclosed Properties
More About: Foreclosures , Mortgage
CoreLogic Publishes the National Foreclosure Report
2012-02-28 13:30:00
It?s the first occasion for the nationwide foreclosure tracking agency, CoreLogic to publish its national report on foreclosure. This Foreclosure Report deals with the monthly information of completed foreclosed properties, the present status of foreclosures registered and ?more than 90 day? delinquency rates all across the country.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - CoreLogic Publishes the National Foreclosure Report
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