San Diego-based research firm DataQuick just released a figure that in California, Bank of America’s notices of default on homeowners has increased by 182.4% from July to August. That’s 6,478 more homeowners now in danger of being kicked to the curb. This increase in foreclosure activity is no
...
09/20/2011
2011 is shaping up to be the worst year on record for new-home sales. On pace to post the lowest annual sales since the Commerce Department began keeping data in 1963, nationally in July, new single-family homes sold at a seasonally adjusted annual rate of 298,000. The slump is pushing the
...
09/16/2011
Yes you can fight and win. Though it is not an easy battle by any means, and many homeowners don't come out with a satisfactory solution, you can fight your bank against foreclosure and win a loan modification. I found this article that I thought might give you some added drive to continue. If y
...
09/05/2011
By "WE" I mean the U.S. taxpayers!!!!! This is the number of homes listed for sale by Fannie Mae, Freddie Mac, and the Federal Housing Administration. All resulting from the record numbers of people defaulting on government-backed mortgages. The “robo-signing” scandal that slowed new disclosu
...
09/04/2011
