From the daily archives:

Thursday, February 11, 2010

Foreclosure Filings Down 8.5 Percent – Hartford Courant


eCreditDaily.com

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Feb. 11 (Bloomberg) — US foreclosure filings rose 15 percent in January from a year earlier and exceeded 300000 for the 11th consecutive month as modification programs failed to keep delinquent borrowers in their homes, realtytrac Inc. said. Bloomberg's Su Keenan reports. (Source: Bloomberg)

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Foreclosures: Settlement money to help homeowners – Seattle Post Intelligencer

Foreclosures: Settlement money to help homeowners
Seattle Post Intelligencer
"We have not seen the end of the foreclosure crisis….what's happening is people with adjustable rates are seeing those adjustments kick in.

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The Reserve Bank of India (RBI) has questioned banks over the transparency of home loan rates. In a letter to the Indian Banks' Association (IBA), the central bank asked if they were violating norms by discriminating old customers from the new ones.

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Foreclosure.com recently awarded five college (bound) students with scholarships totaling 00 during a recent essay contest that asked for solutions on "How to solve the foreclosure crisis." Andrew Dewar — a senior at Kennesaw State University located in Kennesaw, Ga., who majors in veterinary medicine — was our grand prize winner. His essay was selected by our expert foreclosure panel as the best out of more than 1200 submissions. Below is an interview with our happy foreclosure of a dream winner — 00! To read Andrew's essay, as well as the others from our four semifinalists (who each received 00 scholarships) please visit the Foreclosure.com scholarship page right here: www.foreclosure.com

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