It seems like the foreclosure settlement negotiations going on in Washington just can’t catch a
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Foreclosure Prevention Program Falls Short
The federal government, to its credit, has tried several plans and enacted several programs to reduce the number of foreclosures entering the market now and in the near future. While their intentions were good, the effect has been something akin to fighting a flood by removing a few buckets of water – especially with the Emergency Homeowners’ Loan Program
Detroit High-Rise is Classic Example of Modern Foreclosures
Within the next few months, an iconic high-rise apartment building in downtown Detroit – Riverfront Towers – could be sold at auction like thousands of other foreclosures in the metro area and elsewhere in the country, all as a result of the foreclosure crisis that is nearing its fifth
New Foreclosure Reality Show Reflects Reality Pretty Well
The cameras haven’t started filming yet, and ink on the contracts is barely dry, but a new reality show based out of Phoenix, Arizona that covers foreclosure auctions promises to bring the foreclosure crisis front and center – into your living
Are Banks Restarting the Foreclosure Machine?
It’s no secret that the foreclosure machine – a.k.a. the processing of thousands of foreclosure filings, evictions, and auctions on a weekly basis by banks and lenders across the nation – has been pretty much closed for business over the past year due to foreclosure fraud and other
The Luxury Foreclosure Renaissance: Why High-End Foreclosures Are Growing
Foreclosures abound in today’s distressed market, and virtually every segment of the income range is affected. You can buy foreclosures in Detroit for $500 if you want – although at that price they’re not much to look at. You can also buy foreclosures for 1,000 times that amount – homes that originally cost well over a million
New York Reaches Agreement With Goldman Sachs Over Foreclosures
The foreclosure settlement that has been raging between banks, states, and the federal government for close to a year now is still slogging through knee-deep mud, but in one state, an agreement has been reached regarding foreclosure
Plenty of Undervalued Homes in the Market Today
A report released today revealed something about the real estate market that we’ve been preaching about for a while now: There is an abundance of undervalued homes on the market that are ripe for the
New Jersey’s Foreclosure Market to Start Picking Back up
The foreclosure market across the nation has largely declined over the past year – not because of any real improvement in the economy, though. By and large, states have witnessed far fewer foreclosure filings this year than in years past, but the decline is not a result of large-scale improvements in the economy, or even application of loan modification programs from state and federal
The Governments Rental Scheme is Picking Up Steam: How You Can Benefit
No one can say that the federal government is usually creative. But, with its recent foreclosure rental scheme, it may be earning that
Should Foreclosures Be Outlawed? Laws, Jobs, and Other Real Estate Musings
The real estate market has been up and down so many times many of us feel like we’ve been on a wild, bone-jarring rollercoaster. Homeowners definitely feel that way; some in California have even starting considering the possibility of doing something drastic to rectify problems in the market – like ban



