Search results: Foreclosure Rate information
Articles on Foreclosure Rate from how to stop foreclosure information archive:
Get Free Foreclosure Advice In Minutes
Get your free on-line foreclosure refinance quote and foreclosure help in minutes. Explore your options and compare ways to prevent foreclosure... more...
Increased Foreclosure Rates in the United States
The recent housing market boom has left many people in homes that they cannot afford with loans that they never should have been granted. This is resulting in a 72% increase in foreclosures from 2005 to 2006 according to recent reports. Foreclosure rates are increasing in 2007 due to lack of home ...
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Central Florida Residents - See How You Can Avoid Foreclosure
The numbers are staggering. In 2006 the percentage of Americans that were faced with a foreclosure was .58% of all house holds, in 2007 that percentage rose to 1% that is a 42% increase and 1% may seem like a small number but we are talking 1% of millions and millions of homes. For the state of ...
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Foreclosure Prevention - Don't Just Walk Away Before Reading This!
Behind in your mortgage payments? Afraid of foreclosure? It may not be too late to save your home from the sheriff's sale. Contacting your lender is your first step. If you're only 1 or 2 months behind, there may several different options available to you. If you're 3 or more, the options are less, ...
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Home Foreclosure Help - Are You Eligible for the Hope Now Alliance Program?
For those looking at home foreclosure and need help, as it stands, out of the approximately 1.5 million homeowners offered home mortgage workouts by the Hope Now Alliance program instituted by the federal government, only slightly more than one in four were offered loan modifications, with ...
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Foreclosure- When Ignorance Is Not Bliss
We've all heard the saying 'ignorance is bliss?; but purchasing a house or condominium with this attitude may be until the collector starts sending a homeowner those inevitable letters and they receive phone call after persistent phone call from their loan servicer regarding their late payments. ...
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Loss Mitigation Mortgage Modification
Mortgage lenders use loss mitigation methods to reduce their potential losses and mortgage modification is one of the methods used. Contrary to what many people think, mortgage lenders do not want a borrower's house. Instead, mortgage lenders want their mortgages paid. Unfortunately, bad things ...
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Understanding Subprime Lending And Its Implications To The Current Graduate Student
IN THE BEGINNING In a manner similar to the numerous economic crises before it, the subprime lending bust actually began decades before anyone knew it. The Community Reinvestment Act of 1977 pushed banks to extend more credit in communities where they operated. This drew many lenders to ...
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Solutions for the Subprime Lending Crisis
There are solutions for the sub prime lending crisis that entail making changes to the way lenders are handling this crisis. There are distinct groups of individuals that are causing this foreclosure epidemic. First, there is the homeowner who got a "teaser interest rate" that was affordable at the ...
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Increasing Foreclosure Problem
The recent report released by Mortgage Bankers Association on Mortgage Foreclosure numbers, revealed that at present the mortgage market is involved in the most awful foreclosure crisis in the recorded history. It is almost 15 percent of the sub prime borrowers defaulted and the prime borrowers ...
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Foreclosures In Virginia Continue To Skyrocket
An all too familiar site continues on courthouse steps across the state of Virginia as homes in foreclosure continue to go on the auction block. Earlier this month it was reported that foreclosure filings in Virginia have increased more then 300 percent this past July over the same time period of ...
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