Sen. Hillary Clinton attacked the future Republican nominee Sen. John McCain, on his foreclosure crisis plan and economic policy. According to Sen. Clinton, MCCain's economic plan policy boiled down to this: "Don't just continue driving our nation in the wrong direction. Put your foot on the accelerator and gun
Continue Reading: Clinton Says that McCain’s economy policy plan is simply out of touch
The Field Asset Services (FAS), a company that works together with lenders and banks to prepare homes that are in foreclosure for sale, has hit the wrong unit on a condo in Stockton, CA. FAS was supposed to inspect the unit 232, and instead they entered and re-keyed unit 2 where Ruth Anderson
Continue Reading: Foreclosure Company Hits The Wrong Home!
The Exchange Commission and Security filed fraud charges against the promoters of a real estate investment scheme that operated a fraudulent foreclosure reinstatement scheme. The scheme started in 2005 and got around $18 million in only two years. More than 600 people were caught by the scheme with the promise that they could get returns of 50% of their investment within 30
Continue Reading: Fraudulent “foreclosure reinstatement” scheme discovered
The Senator Barack Obama, Democratic presidential runner said on Tuesday that the real estate foreclosure crisis is similar to the Great Depression that occurred in the late 20's. He pointed that the housing crisis is far from going into the direction of the Depression, but the way it affected Wall Street and the financial market is very
Continue Reading: Barack Obama talks about the housing crisis
Despite the terrible recession that America is currently facing with the real estate crisis, Donald Trump, the CEO of the Trump Organization says that the housing market is going to get better fairly quickly and that now is the time to
Continue Reading: Donald Trump sees opportunities in the real estate crisis
Media has recently reported some multimillion dollar real estate deals made by stars in New York City. The celebs list is quite extensive and includes Madonna, Scarlett, Bono, Sting, Jennifer Connelly, Jon Bon Jovi and many others. Despite the real estate crisis and the high number of foreclosures in New York City, luxurious properties are still on high demand. The luxurious highly priced homes are being sold for as high as $5.6 million dollars, [...]
Continue Reading: Celebrities making multi million dollar deals on real estate despite crisis
On Wednesday President George Bush declared that he would veto the foreclosure bill, but despite the threat of presidential veto, the house approved the legislation
Continue Reading: Now is up to President Bush
On Tuesday last week President George Bush blamed the Democratic-led Congress for not passing the foreclosure bills. He was complaining that he was not getting bills to sign and he urged the Congress to work on bills that he could sign, but despite his complaint to many Congress members, he declared yesterday that he will veto the house foreclosure relief legislation under consideration in the Congress. Bush declared that the new legislation [...]
Continue Reading: Mr President, here is a bill for you to sign!
The current foreclosure crisis is now affecting thousands of students that are seeking loans to complete their education. Students and parents are complaining that the student loans are almost impossible to get. The lack of these loans is forcing many students to drop out of
Continue Reading: Students affected by foreclosure crisis
After Ben Bernanke (Federal Reserve Chairman) said home prices may continue to fall, the national currency falls even more against the Euro. In New York, Bernanke pointed that the foreclosure crisis, the most severe real estate recession in decades, may hurt more than just lenders and homeowners and he urged the government and lenders to try harder to reduce the number of
Continue Reading: Home Prices And Dollar Hits The Ground
A multi billion-dollar foreclosure assistance bill is being worked since yesterday by members of the House Financial Services Committee that is intended to help the foreclosure
Continue Reading: Foreclosure Housing aid bill to be voted today, will it get to the President?
On Tuesday the President Bush blamed the Democratic-led Congress for not passing the foreclosure bills. According to the President, the Democratic-let Congress is blocking proposals that could help the sagging economy and the real estate crisis. The President said he is opened to help on the crisis but he is not getting Bills that he can
Continue Reading: Bush Blaming Congress On The Foreclosure Crisis? What About the War?
The pop star Michael Jackson has managed to avoid losing his home in La, after paying $414,806. The three bedroom house in Encino had been scheduled for a public foreclosure auction on May 5, according to A Notice of Trustee's Sale filed on April this
Continue Reading: Again Michael?
With recent reports showing that many service members and veterans are facing difficulties on mortgage payments, Hillary Clinton announced new proposals to protect these veterans and service members. The new proposals intend to propose new affordable and stable fixed mortgage rates, and she will build an agenda to address the
Continue Reading: The Hillary Clinton’s Foreclosure Proposal To Help Veterans
Barney Frank said to reporters this morning that the House Financial Services Committee is expecting a veto threat from the Bush administration on the $15 billion dollars loan and grant assistance bill. This bill has been approved by the committee
Continue Reading: Expected veto from the White House on foreclosure bills
Amidst the unveiling of the new Foreclosure Prevention Act, there has been much controversy. The bill was stalled for along time over arguments between Republicans and Democrats in the Senate over certain provisions, and now that argument has become a public
Continue Reading: Controversy Surrounds Foreclosure Prevention Act
Foreclosures across the country rose nearly 60% during the month of February according to new reports released by ForeclosureConnections.com today, indicating that the trend of growing foreclosures in 2008 is going forward as
Continue Reading: Foreclosures Jump Nearly 60% in February, Experts Predict More on the Way
A home mortgage foreclosure prevention bill should take place next week according to the Democratics. The bill would erase debt and provide billions to rehab abandoned
Continue Reading: Foreclosure bill debate next week
In an economically unstable condition, buying foreclosure homes will help you to save money as well as provide you a good real estate property. Foreclosure property is probably the only type of real estate investment that offers a good ROI. In the real estate market, the prices are soaring and buying a property might look like a distant dream. But if you have a dream then the foreclosure market has a property right for you and that also at an [...]
Continue Reading: How To Save Money Buying Foreclosure Homes In Your State
Despite efforts to control the worsening foreclosures situation in the country, the number of foreclosure filings for the first half of 2007 reached an all-time record high. There were a total of 926,000 foreclosure filings, up by 56 percent when compared to last year. In the states of Florida and California, home prices dropped by more or less 25 percent while in Michigan and Ohio, thousands of people in the automotive industry lost their job, [...]
Continue Reading: US Foreclosures Rate Reached New Records
