Nationally, the foreclosure rate has skyrocketed in recent months. Overall, one in every 570 housing units received a foreclosure notification in the last month, which means that the national rate increased seven percent just...
With foreclosure being such a major problem in the United States today, it is tempting to jump at any offer of mortgage loan help. However, some of these offers to help homeowners avoid foreclosure are, actually, too good to...
The National Association of Realtors (NAR) has recently made suggestions designed to minimize the impact of distressed properties on local communities. According to the National Association of Realtors, inventory of real...
What does it mean that the United States was downgraded by Standard and Poor’s? Essentially, it means that the credit score for the USA has taken a hit, just as any individual would take a hit if their financial outlook...
Bank of America, one of America’s largest holders of mortgages has been subject to investigation and legal proceedings. Some borrowers claim that BofA has not acted in good faith after agreeing to new mortgage terms, or a...
