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Infographic: How Dangerous is your House
2012-01-06 14:41:00
Did you know the chemicals you are using to keep your home neat and tidy could actually be causing damage to your family's health?Do you have a Real Estate blog? Join ForeclosureListings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! Infographic: How Dangerous is your House

Anti-Foreclosure Campaign OWS Becomes History
2012-01-06 10:00:00
The OWS movement is being given recognition by the institutions that collect items in their archives for preserving history. Noted museums and other bodies are feverishly collecting placards, documents, fliers etc of the movement. OWS itself has set up its archival section. The digital preservation of its online activities is a distinctive feature.Do you have a Real Estate blog? Join Foreclosure Listings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! Anti-Foreclosure Campaign OWS Becomes History
More About: Foreclosures

Those Who Designed the Foreclosure Crisis is Now Helping to Solve the Probl
2012-01-05 10:00:00
Many of those who have crafted plans for the conversion of foreclosures of Fannie Mae and Freddie Mac were previously closely connected with bringing about the sub-prime crisis. Some are facing lawsuits regarding the role they played during the booming years. Now they are holding important posts in other firms.Do you have a Real Estate blog? Join Foreclosure Listings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! Those Who Designed the Foreclosure Crisis is Now Helping to Solve the Problem

The Federal Law Enforcers Seem Strangely Silent on Criminal Foreclosure Fra
2012-01-04 10:00:00
Reuters had done some digging to find in the bankruptcy court of New York many discrepancies in the documents submitted by banks in foreclosure matters. Office of U.S. Attorney has a routine follows up criminal charges against small fry. Why is Wall Street fraudsters, despite evidence, conspicuously absent from their list?Do you have a Real Estate blog? Join Foreclosure Listings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! The Federal Law Enforcers Seem Strangely Silent on Criminal Foreclosure Fraud
More About: Foreclosures , Bankruptcy

Infographic: To Rent or to Buy?
2012-01-03 18:07:00
For those stable monthly housing expenses, tax savings and a long-term investment, homeownership has many advantages.For those who need to move frequently or cringe at the thought of lawn work, renting may be the best option. Markets will move up and down in the short term, but real estate has consistenly apreciated over time.Do you have a Real Estate blog? Join ForeclosureListings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! Infographic: To Rent or to Buy?

Bankruptcy is Another Alternative for Stopping Foreclosure
2012-01-03 10:00:00
Bankruptcy helps people to stay in their homes and is especially helpful to those ignored by lenders trying to modify their loans. A new programme is scheduled to kick off in Berks County from 1st January that would compel the lenders? representatives to meet directly the borrowers, if the latter so desire it.Do you have a Real Estate blog? Join Foreclosure Listings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! Bankruptcy is Another Alternative for Stopping Foreclosure
More About: Foreclosures , Bankruptcy

The Condition of the Economy Will Worsen with More Foreclosures
2011-12-22 10:00:00
Romney wants unhindered passage to foreclosures. He has forgotten that the drunken behaviour of banks and equally heady bailouts caused the entire economy to go down on its knees. Millions are suffering. They need help in the form of forbearance, modification and or refinancing.Do you have a Real Estate blog? Join ForeclosureListings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! The Condition of the Economy Will Worsen with More Foreclosures

Infographic: Cost of Homeownership
2011-12-21 17:33:00
Cost of HomeownershipDo you have a Real Estate blog? Join ForeclosureListings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! Infographic: Cost of Homeownership
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Anti-Foreclosure Occupy Movement Takes a New Turn
2011-12-21 10:00:00
The Occupy protestors have taken to direct action across the country in a big way. The homeless are being settled in vacant houses, former house owners are returning to their homes with their belongings while some are promising not to leave until force is used. All are complaining that the banks ignored their repeated pleas for loan modification.Do you have a Real Estate blog? Join Foreclosure Listings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! Anti-Foreclosure Occupy Movement Takes a New Turn

How Much Water is your Home Wasting?
2011-12-20 14:24:00
While fresh water is a renewable resource, the world's supply of clean, usable water is decreasing faster than it can be replenished.Do you have a Real Estate blog? Join ForeclosureListings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! How Much Water is your Home Wasting?

Former BofA Employee Speaks-Out About Robo-Signing Scandal
2010-10-29 19:00:00
Tam Doan used to be an employee with Bank of America. He was a part of the bank’s Southern California’s pre-sale foreclosure department. His job, he stated, was not to actually read the paperwork that he was signing. Doan also admitted that sometimes he had no clue what documents he was signing-off ...Looking Foreclosures? ForeclosureListings.com has a comprehensive, searchable database of foreclosures in California, Florida, Texas, Michigan and all US States. Try to search foreclosures by state today! Former BofA Employee Speaks-Out About Robo-Signing Scandal

Home Sales are Up in September: Is the Housing Market in Recovery?
2010-10-29 15:35:00
New and existing home sales are up in September, 2010. This reflects a second month of rising rates. Some economists believe that the housing market is in a slow state of recovery. Sales of previously owned homes rose in September to 4.53 million units, up 10%. In August, existing home sales ...Looking Foreclosures? ForeclosureListings.com has a comprehensive, searchable database of foreclosures in California, Florida, Texas, Michigan and all US States. Try to search foreclosures by state today! Home Sales are Up in September: Is the Housing Market in Recovery ?

How to Stop Foreclosure in Alabama
2010-10-29 14:44:00
The Heart of Dixie, Alabama , has never been known for its economic stability. It was an extremely poor state reliant on agriculture until after WWII. After the Second World War, more industry came to all of the empty rural land and manufacturing and several military bases added some strength and diversity ...Looking Foreclosure s? ForeclosureListings.com has a comprehensive, searchable database of foreclosures in California, Florida, Texas, Michigan and all US States. Try to search foreclosures by state today! How to Stop Foreclosure in Alabama

Wells Fargo Has Retracted Statements That They Did Not Take Part in Robo-Si
2010-10-28 20:33:00
Wells Fargo , along with Bank of America and JPMorgan Chase, currently hold about 30% of the industry’s deposits. Due to its more conservative approach to homeowner lending, the mortgage crisis that began in 2008 seemed to hurt Wells Fargo less than other major banks. The mortgage robo-signing scandal first began to come to light ...Looking Foreclosures? ForeclosureListings.com has a comprehensive, searchable database of foreclosures in California, Florida, Texas, Michigan and all US States. Try to search foreclosures by state today! Wells Fargo Has Retracted Statements That They Did Not Take Part in Robo-Signing Practices

Buying a Foreclosed House in the Middle of Robo-Signing Mayhem
2010-10-28 14:51:00
For those keen to buy a foreclosed house today the going has become much tougher than what it was few weeks ago. Today the robo-signing mayhem is holding fort. Employees of mega banks have admitted in court to signing piles of documents without proper checks or notarizations. ...Looking Foreclosures ? ForeclosureListings.com has a comprehensive, searchable database of foreclosures in California, Florida, Texas, Michigan and all US States. Try to search foreclosures by state today! Buying a Foreclosed House in the Middle of Robo-Signing Mayhem

Congressional Oversight Panel to Hold the First Hearing Concerning the Robo
2010-10-27 19:53:00
The Congressional Oversight Panel , which oversees the Troubled Asset Relief Program, will convene the first public hearing in response to the robo-signing foreclosure scandal. The Panel was formed, in large part, to keep an eye on the government’s programs to alleviate the foreclosure crisis, which includes the Home Affordable Modification Program. In 2008 Congress convened the Congressional Oversight Panel to assess and oversee the performance of the bank bailout. The COP has been extremely critical in the execution, by the government, of the bailout. The COP has recently argued that transparency has been limited by the Treasury Department’s reliance on private contractors. The Treasury Department has denied the charge. Thomas Seay, a spokesperson for the Congressional Oversight Panel, indicated that, during this hearing, the Panel will hear testimony on how affidavits that were robo-signed could hurt the banks’ bottom lines as well as the housing market. The...

The Home Prices: Recent Report
2010-10-27 18:59:00
To stimulate economic growth, the Obama administration imposed a tax credit to act as an incentive to increase the level of real estate purchases, which gave $8000 to the first time home buyer. This gave much needed momentum to the housing industry, and many hoped that this would get the country back on track to economic recovery. In June of this year, this initiative expired, and along with it went the market’s ability to sustain this momentum. As shown by the recent reports on the industry, the housing market continues to struggle across major cities. According to the latest report released by Standard & Poor’s/Case-Shiller, based on the index of 20 major metropolitan areas, housing prices have fallen yet again this August. David M. Blitzer, index committee chairman at Standard & Poor’s expressed that the report was disappointing. Blitzer stated that generally, prices of homes declined in the month of August. Some cities on the other hand have seen slight...
More About: Home , Report , Recent

Green Home Heating Alternatives
2010-10-27 14:27:00
With the cost of fossil fuels on a seemingly endless rise along with worries over the future of home heat production, alternative routes for creating a comfortable living environment are gaining a great deal of momentum among homeowners and developers alike. Though some may be reluctant to move away from traditional heating methods, incorporating various habits, gadgets, and tricks into home heating use can result in lowered bills, a reduced carbon footprint, and a more efficient home –one that contributes to a more efficient planet. There are some steps that can be taken for green home heating alternatives that might seem too simple to qualify for “smart” green technology, but they can nevertheless bring many benefits for homeowners. Using a space heater when spending most of the time in a single room can reduce the need for a central heating system, and doesn’t waste energy by keeping unused spaces warm. Similarly, remembering to turn down the thermostat when away from...
More About: Home , Green , Alternatives

BofA to Commence Foreclosure Proceedings Despite Robo-Signing Scandal
2010-10-26 23:45:00
The ongoing Mortgage robo-signing scandal just keeps getting worse every day. Just last week, Bank of America announced that they would resume the 102,000 pending foreclosures that they currently hold. The problem is that, they stated in this announcement, they did a “thorough review” of its foreclosure processes and didn’t find any fault. On Sunday, October 24, 2010, Bank of America almost retracted when they admitted that they actually did find errors in its filings but they plan to continue its filing processes for foreclosures in a “deliberate manner” as corrected and new paperwork is submitted to the Courts. This quasi-retraction has furthered doubt that any bank, including Bank of America, will be able to clean up their acts and clean up this robo-signing mess. This robo-signing is the most pressing issue. In short, employees at JPMorgan Chase, Bank of America as well as a few other banks asserted falsely that they corroborated the facts co...
More About: Scandal , Foreclosure

Complex Litigation Required to Win Foreclosure Suits
2010-10-26 18:49:00
In 2006 a foreclosure suit in Jacksonville was thrown out by the judge for improper documentation as admitted by employee of GMAC, Ms. Kwiatanowski.  In 2009 other lawyers of Florida began to look into the matter. Meanwhile a modest sized legal firm named Ice Legal made another employee of GMAC depose that signing thousands of documents sans verification had become a regular routine for the lender. This testimony happened because the founder of Ice Legal, Thomas Ice was looking around for tools to help clients in bankruptcy. The firm had been founded by Ice in 2008 together with his wife Ariane who was a paralegal, with the aim of focusing on bankruptcy of consumers. The office was situated in Royal Palm Beach, Florida. With the fraying of the economy more and mare bankruptcy clients began to show up. Ice steered them through Chapter 13 filings that helped individuals with the support of the judge to be free from credit card, car loan and other dues. But ju...
More About: Foreclosure , Complex , Suits

Bank of America Admits Foreclosure Mistakes
2010-10-26 18:48:00
An investigation by the 50 US states into the U.S mortgage industry has started, amidst allegations of some banks improper handling of documents that may have resulted in homes being foreclosed in error. This is after Bank of America admitted finding a small number of cases with errors, or so they say, in their review process. What is alarming here is the existence of robo-signers within these large institutions, such as the Bank of America , who sign off on foreclosure affidavits without examining the documents. And on top of this, despite incorrect information and missing documents, some foreclosure cases were still being initiated. According to the bank, these were minor mistakes, caught earlier on in the process, and did not affect the final documents submitted to the courts. These errors were discovered whilst preparing the first 10 to 25 files out of the first few hundred foreclosure cases. Some of the problems uncovered where misspellings of the borrowers names, lack of signat...
More About: Foreclosure

Robo-Signing Victims: Sandusky, Ohio Woman Sues Bank of America
2010-10-26 01:54:00
A Sandusky, Ohio woman, Rhonda D. McLaughlin, filed a lawsuit on October 20, 2010 concerning the “robo-signing” fiasco that has lambasted America ns since the scandal began. McLaughlin claims that the foreclosure on her North Larchmont Drive home was instigated by the process of robo-signing, in which bank employees did not review the documents of foreclosure before they were signed. The lawsuit was filed against Rhonda Weston, a Vice President of Bank of America and Bank of America, N.A. itself. Other defendants in the lawsuit include Ohio Attorney General Richard Cordray and Fannie Mae. McLaughlin’s attorney is Dan McGookey, a Sandusky attorney who is a specialist in foreclosures. McGookey made it clear that he thinks that this lawsuit may be only the first time one of these lawsuits have been filed in the United States concerning a private citizen to undo a foreclosure that is already completed. In 2007, Bank of America foreclosed on McLaughlin’s former...
More About: Woman

The 259 Million Dollar Bailout of Fannie Mae and Freddie Mac
2010-10-25 18:38:00
It looks like a major fiasco involving two well established mortgage giants Freddie Mac and Fannie Mae may wind up costing the American people nearly 259 million dollars. That is twice what was thought to be the original cost. It has been discovered that the 135 million dollars originally calculated was well off this latest figure given. If the housing market does not remain flat then even more money will have to be shelled out on top of the $148 billion already paid to keep Fannie and Freddie above water. They, in return, have paid back a mere 13 billion so far. Should the economy start to change rapidly that will change this scenario very quickly. The two harried companies could be in big trouble if they have difficulty collecting money on late foreclosures. This will force tax payers to step in and provide much needed aid to both companies. These figures released today were the first ones the Federal Housing Financing Agency projected could happen if the current downtrend contin...
More About: Dollar , Freddie Mac

Robo-Signing Scandal Continues: Loan Notes and Securitizations on the Line
2010-10-22 20:06:00
Loan servicers, such as the former GMAC Financial, which is where the problem started, have been signing foreclosure documents without reading them for years. The resulting paperwork problems have become a mess. The potential for the proceeding of foreclosure cases to halt could possibly bankrupt some banks and loan servicers because some delinquent borrowers could get settlements from these servicers and they may be able to stay in their homes indefinitely. Judges have begun to totally distrust what servicers are putting into their foreclosure petitions. More and more judges plan to look at filings more closely. This has made several major banks second guess what they are filing in their foreclosure proceedings. Hence, they have halted these foreclosure proceedings until they are finished reviewing all of their paperwork. Several other major banks, one is Bank of America, are continuing business as usual because they are confident that there is no problem with their methods. ...
More About: Scandal , Loan , Notes

Weekly Mortgage Applications Survey Shows Decrease
2010-10-22 17:57:00
Each week the Mortgage Bankers Association (MBA) releases a report called the Weekly Mortgage Applications Survey . The survey is based on the movement of the market and the actions of the people in the area. The MBA is a research and economics group that provides current and comprehensive data for short-term and long-term planning. The MBA focuses on economic forecasting in real estate. The Market Composite Index is a measurement of the volume of mortgage loan applications. Due to rising interest rates it decreased 10.5 on a basis adjusted for the season this week compared to last week’s increase of 14.6 percent. The unadjusted basis also decreased by 10.5 percent compared to last week’s gain of 14.8 percent. The Columbus Day Holiday was not figured into the adjustments. There was no new stats about foreclosure situation based on this survey. The Refinance Index dropped to 11.2 % from last week’s 21.0% while the Purchase Index adjusted for the season fell 6.7% to the prior wee...

Foreclosure Recap ? Week #50
2009-12-21 15:43:00
What a difference a year can make. Things can be drastically different from one twelve month period to the next. As this article illustrates, things in Oregon are indeed a lot worse than they were in October 2008. In fact, the foreclosure rate there has effectively doubled in that amount of time. The good news ...Looking Foreclosure s? ForeclosureListings.com has a comprehensive, searchable database of foreclosures in California, Florida, Texas, Michigan and all US States. Try to search foreclosures by state today! Foreclosure Recap ? Week #50

A Year of Crisis in USA Riddled by Foreclosures and Unemployment is Not Spa
2009-12-18 21:37:00
It has been a year of crisis in USA riddled by foreclosures and unemployment. Among other things, the near zero rate of interest will not spare the rest of the world. It is 15 months since Lehman Brothers collapsed. With the passage of time the question is being posed as to whether the financial crisis has ...Looking Foreclosure s ? ForeclosureListings.com has a comprehensive, searchable database of foreclosures in California, Florida, Texas, Michigan and all US States. Try to search foreclosures by state today! A Year of Crisis in USA Riddled by Foreclosures and Unemployment is Not Sparing the World

Treasury Bringing Back Hope to Foreclosure Victims with New Plans About Sho
2009-12-17 15:44:00
The Treasury is bringing back hope to foreclosure victims with new plans about short sales. But they must nurse patience. Since last summer the government has been promising that it would launch a plan that would expedite and streamline the process of short sale. As yet the method is complex and frustrating. In the first week ...Looking Foreclosure s? ForeclosureListings.com has a comprehensive, searchable database of foreclosures in California, Florida, Texas, Michigan and all US States. Try to search foreclosures by state today! Treasury Bringing Back Hope to Foreclosure Victims with New Plans About Short Sales

The Foreclosure Crisis can be Eased if the Short Sale Plan was Standardized
2009-12-16 15:51:00
The aim of the Obama government to ease the foreclosure crisis is to standardize and expedite the short sale plan. For troubled borrowers who fail to modify their house loans they can take the help of the government’s plan regarding short sale. It is scheduled to kick off within few months. The plan was sketched by ...Looking Foreclosure s? ForeclosureListings.com has a comprehensive, searchable database of foreclosures in California, Florida, Texas, Michigan and all US States. Try to search foreclosures by state today! The Foreclosure Crisis can be Eased if the Short Sale Plan was Standardized and Quickened

Reverend Jesse Jackson Takes on a Strident Tone Regarding Prevention of For
2009-12-15 18:58:00
Last Sunday on 6th December 2009, the Reverend Jesse Jackson took on a strident tone in Ontario while criticizing the tardy progress of prevention of foreclosures. He came down on the government for increasing military operations abroad and for bailing out Wall Street at a juncture of time when Americans were being thrown out of ...Looking Foreclosures ? ForeclosureListings.com has a comprehensive, searchable database of foreclosures in California, Florida, Texas, Michigan and all US States. Try to search foreclosures by state today! Reverend Jesse Jackson Takes on a Strident Tone Regarding Prevention of Foreclosures