Foreclosure Articles and News

Strategic Defaults are Leading to more Foreclosures in many States

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.

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Foreclosures – Causes for Huge Numbers and Failures of Modification

It seems that a correct analysis has not been done about the forces acting behind the high default rates and modification failures

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Foreclosures are Compelling Cities to Become Reluctant Caretakers

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.

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The Idea of Banks being too Big to Fail is too Dumb to Stop Foreclosures

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

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Agent Introduces Bus Tours to Make Foreclosure Hunting Easier

Taking the cue from their peers in California and Florida they have introduced bus tours to make foreclosure hunting easier for potential buyers.

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Census Count Facing Difficulties Because of Foreclosures

Census count is facing difficulties because of foreclosures. Many families have been evicted from their homes camping with friends, relatives, cars or shelters

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Foreclosures to Stay, Slight Improvement in Real Estate in 2010

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

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City Officials and Volunteers are Fighting the Blight of Foreclosures

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.

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The Root Causes of the Foreclosure Crisis as Seen Through the Eyes of Alyssa Katz

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.

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