Video: Desperate Homeowners Burn Their Homes!

Watch this video: Facing foreclosure, some homeowners set fire to their own homes. Read Full Article More... (Foreclosure News, Education, and Updates, Mortgage News, Real Estate News)
Add a Comment , , , March 15th, 2008

The next shoe to drop in housing

Rising foreclosures and big losses at Fannie Mae and Freddie Mac are making it harder for people with good credit backgrounds to get a traditional mortgage. NEW YORK (CNNMoney.com) -- The credit crunch has finally hit ... More... (Foreclosure News, Education, and Updates, Mortgage News, Real Estate News)
Add a Comment , , , , March 14th, 2008

U.S. Home Defaults, Foreclosures Rise 60% in February (Update3)

March 13 (Bloomberg) -- U.S. home foreclosure filings jumped 60 percent and bank seizures more than doubled in February as rates on adjustable mortgages rose and property owners were unable to sell or refinance amid ... More... (Foreclosure News, Education, and Updates, Mortgage News, Real Estate News)
Add a Comment , March 14th, 2008

Northern San Joaquin Valley no longer tops in foreclosures

Florida metro area claims #1, but valley counties rank 2-3-4 The good news: The Northern San Joaquin Valley no longer is the foreclosure capital of the world. The bad news: Foreclosure proceedings were started on more than ... More... (Foreclosure News, Education, and Updates, Mortgage News, Real Estate News)
Add a Comment , , March 14th, 2008

Foreclosures jump 60% in February

NEW YORK - US home foreclosure filings jumped 60 percent and bank seizures more than doubled in February as rates on adjustable mortgages rose and property owners were unable to sell or refinance amid falling ... More... (Foreclosure News, Education, and Updates, Mortgage News)
Add a Comment , March 14th, 2008

Foreclosures hit all-time high

Over 900,000 borrowers are losing their homes, up 71% from a year ago, and a record number of home owners are behind on payments. NEW YORK (CNNMoney.com) -- More home owners than ever are losing the ... More... (Foreclosure News, Education, and Updates, Mortgage News, Real Estate News)
Add a Comment , , March 6th, 2008

Record Number of Americans Lost Homes in ‘07

Top Economist Expects Foreclosures Won't Peak Until Later This Year A record number of homeowners lost their homes to foreclosure in the final months of 2007. At the same time, an increasingly larger number of borrowers were ... More... (Foreclosure News, Education, and Updates, Mortgage News, Real Estate News)
Add a Comment , , March 6th, 2008

Home foreclosures soar, jobless remain unemployed

WASHINGTON (Reuters) - U.S. home foreclosures hit a record late last year amid a shakedown in the subprime mortgage market that is taking its toll on the broader economy and forcing many of the nation's ... More... (Foreclosure News, Education, and Updates, Mortgage News)
Add a Comment , , March 6th, 2008

Home Foreclosures Hit Record High

WASHINGTON (AP) — Home foreclosures soared to an all-time high in the final quarter of last year and are likely to keep on rising, underscoring the suffering of distressed homeowners and the growing danger the ... More... (Foreclosure News, Education, and Updates, Mortgage News)
Add a Comment March 6th, 2008

Mortgage Defaults Reach a New High

WASHINGTON — Defaults on home mortgages touched another all-time high at the end of the last year as foreclosures surged on adjustable-rate mortgages, an industry group reported on Thursday. The latest data is expected to put ... More... (Foreclosure News, Education, and Updates, Mortgage News, Real Estate News)
Add a Comment , , , March 6th, 2008