As the government is trying hard to see that homeowners continue to remain in their houses, more strategic defaulters are walking away from their homes causing further rise in foreclosures.
Continue reading: Strategic Defaults are Leading to more Foreclosures in many States
It seems that a correct analysis has not been done about the forces acting behind the high default rates and modification failures
Continue reading: Foreclosures – Causes for Huge Numbers and Failures of Modification
Many towns like Lakeville and Burnsville do not have the resources to see to the many vacant foreclosed houses that are not only eyesores but also posing health problems to an extreme point.
Continue reading: Foreclosures are Compelling Cities to Become Reluctant Caretakers
The banks have been given generously from bailout funds because of the idea that these financial entities are too big to fail. But with nothing being done to stop foreclosures the idea seems to be dumb
Continue reading: The Idea of Banks being too Big to Fail is too Dumb to Stop Foreclosures
Taking the cue from their peers in California and Florida they have introduced bus tours to make foreclosure hunting easier for potential buyers.
Continue reading: Agent Introduces Bus Tours to Make Foreclosure Hunting Easier
Census count is facing difficulties because of foreclosures. Many families have been evicted from their homes camping with friends, relatives, cars or shelters
Continue reading: Census Count Facing Difficulties Because of Foreclosures
Will 2010 spell better times for the housing industry? One does not know. As of now, the US is perhaps going through one of the most critical phases
Continue reading: Foreclosures to Stay, Slight Improvement in Real Estate in 2010
The city officials helped by volunteers have taken a positive approach to fight the blight of foreclosures. The crisis has left behind the curse of vacant houses haunted by fires and vagrants.
Continue reading: City Officials and Volunteers are Fighting the Blight of Foreclosures
Journalist Alyssa Katz has written a comprehensive history of ownership of residential houses in USA. She has discussed the root cause of the foreclosure crisis.
Continue reading: The Root Causes of the Foreclosure Crisis as Seen Through the Eyes of Alyssa Katz