259 results found related to Job losses could make foreclosures worse in '09

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Number of Foreclosure Homes Still on the Rise

14 hours ago ago from Real Estate Investing Blog

There was a five percent increase in the number of foreclosure homes during the third quarter of 2009 when compared to the second quarter of the same year. The Making Home Affordable program of the federal government was unable to stop the rise in foreclosure filings in spite of its attempts to decrease the monthly [...] Related posts: The Obama Foreclosure Bailout Program Some people believe that so far, the results of the... U.S. ...

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Foreclosures Get Worse, Increasing Demand for Smart Investors

15 hours ago ago from Ben Pargman's Short Sale Insights | Ben Pargman shares insights from the Nation's #1 Short Sale Negotiation Team

A recently released study from LPS Applied Analytics shows the foreclosure crisis keeps getting worse.  Here are some quick statistics from the report: I said a couple of years ago (check out old blog posts) that we were entering a huge market correction and all the government programs, bailouts, and subsidies to stop foreclosures would not and could not prevent the inevitable from happening. When a borrower is in a house that is ...

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Cranford NJ 2009 Foreclosure Statistics

14 hours ago ago from Team Carroll's Community Blog Buzz

Cranford NJ Foreclosure Report for 2009 Here are the statistics according to Realty Trac for Cranford NJ Foreclosures in 2009. For these statistics, a 'foreclosure' is counted by Realty Trac any time a homeowner receives any type of public notice, such as a Lis Pendens, a Notice of Default (NOD), or an actual auction or foreclosure sale notice. In 2009, there were a total of 55 foreclosures in Cranford NJ. This accounts for ...

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Rising FHA Default Rate Foreshadows a Crush of Foreclosures | FedUpUSA

8 hours ago ago from Ye Olde Soapbox

The share of borrowers who are falling seriously behind on loans backed by the Federal Housing Administration jumped by more than a third in the past year, foreshadowing a crush of foreclosures that could further buffet an agency vital to the housing market’s recovery. Rising FHA Default Rate Foreshadows a Crush of Foreclosures | FedUpUSA .

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Foreclosure List Homes in Virginia Fixed with Nearly $4B

9 hours ago ago from Latest Articles at Content Caboodle

Foreclosure list homes in Virginia will be purchased, rehabilitated and sold by nonprofits and state and local agencies with a total of $3.92 billion in funding from the federal government under the Neighborhood Stabilization Program. The funding was approved by the federal government last year, but the facility to access and use the money will be made available only these coming months. The state of Virginia was allocated a total of ...

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