March 11 (Bloomberg) — Rick Sharga, executive vice president for marketing at realtytrac Inc., talks with Bloomberg’s Lori Rothman and Mark Crumpton about US foreclosure filings, which rose at the slowest pace in four years in February. Sharga also discusses the outlook for the US housing market. (Source: Bloomberg)
Goldman Sachs (Rothschilds) rips the average person off with the “loopholes” in the law. This is of course obvious, since the Rothschilds, Rockefellers, and a few other Elite Families MAKE and WRITE the laws. They know all of the loopholes, so they are always ABOVE the law. The average person suffers at the end of the day. Join The Illuminati (message me). SUBSCRIBE TO MY CHANNEL.
Desperate owners in Lehigh Acres, Florida have impossible odds of keeping their homes, but Maggie Rodriguez talks to experts about how Obama’s plan can help others from abandoning their homes.
The Obama plan includes tools to modify existing bad loans, reports Bill Plante, but economist Mark Zandi tells Harry Smith there may not be enough money to end foreclosures.
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Here is a proposed solution for homeowners facing foreclosure in the non-judicial foreclosure states, such as California, Nevada, New Mexico, Massachusetts, New Hampshire, where the bank does not go into court to foreclose. My group lawsuit, to have aggrieved homeowners gang up on the errant banks (and provide an extra bang for the homeowner's buck), gives aggrieved homeowners access to the courts to fight foreclosure by reducing the costs of access (including the dollar costs and attorney time charges per homeowner); it creates a greater probability that some of the banks would rather give a modification agreement than remain in the huge lawsuit; it gives a vehicle for aggrieved homeowners to get massive publicity about their plight; and it may bring to the attention of state legislators that the state should adopt foreclosure statutes similar to New York State as a way of reducing the impact of the banks predatory activities and preventing the banks (in many cases) from obtaining the full amount of their usurious interest and fees. cepersvid-34 9:58
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
The housing crisis likely will last into 2010 until the credit market revives and government rescue programs have time to make an impact, the head of the Federal Deposit Insurance Corp. said Thursday. (Dec. 12)
We (www.mysocal-realestate.com) have been tracking foreclosures in Orange County since the fall. The numbers have been increasing steadily, especially in Santa Ana and Anaheim. 10600 (NOD, NTD, REO) is a lot bigger number than the mainstream media let on. The worst part is the erosion on wealth affecting all home owners. We make use of specialized software to compare the foreclosure activity to the MLS data to find pockets of opportunity and risk. One of the main features we use extensively is sort by $/sqft with filters for size, type, and # of bedrooms to see which cities and areas are worse off than others. We meet each Friday afternoon in Laguna Beach and are more than happy to share our property and market finding with others. Or just drop us a line through out website. www.mysocal-realestate.com