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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...
The Anti-Foreclosure Prevention Act
The Infotainment Highway has presented the Foreclosure Prevention Act as a bail-out program instituted by the Administration to help the ailing homeowner. This is what really happened: The Foreclosure Prevention Act (FPA) is full of tax breaks - for the banks/lenders, builders, automakers, (and the ...
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Finding Foreclosures
Foreclosures are homes that are being sold because the previous owner failed to make mortgage payments. When finding foreclosures, though, it is easy to run into problems - outdated listings, lack of information and homes in very poor shape. That's why these tips can help you in finding ...
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House Passes Comprehensive Housing Package
The U.S. House of Representatives has now passed the most comprehensive bill designed to help the American mortgage crisis. The American Housing Rescue and Foreclosure Prevention Act (H.R. 3221) will now respond directly to the current crisis facing the middle class Americans while providing ...
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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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Tax Relief May Offer some halt to Florida Foreclosures
Florida foreclosure listings are continuing to multiply. As recent as 2000 ? 2005 Florida was truly the sunshine state. Unemployment was down to record lows and the housing market was on a continuous upswing. Many predicted that the trends would not last. Unscrupulous lending practices along with ...
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Official Rescue Plans May Boost Foreclosure Investment Profits
In some towns and cities where the number of foreclosures is especially high, local governments view the presence of so many vacant houses as a threat for potential fires, accidents, acts of vandalism or illegal squatters. So they support the kinds of legislation that will help them turn these ...
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New "Foreclosure Prevention Act" Only Enriches Banks At The Expense Of Homeowners
The Senate's newest sham proposal to "help" homeowners facing foreclosure has come under heavy criticism from nearly everyone who is not a politician, and even some who are. The "Foreclosure Prevention Act" does little to provide assistance in helping people keep their homes; rather, it benefits ...
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A Bit Conflicted On Mortgage Bailouts
At times like these I find myself conflicted. You see, for most of my life I've held the view that government should be small and the free market allowed to take care of itself. Confirming that point of view was the fact that at 32 I'd held the same job for 12 years and been with my wife just as ...
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Property Taxes, Hazard Insurance, HOA Fees, and Foreclosure
When homes go into foreclosure, the owners are often far more worried about the mortgage payment than anything else. There are numerous costs involved with owning a house, though, and all of these need to be paid before and during the foreclosure. If they are not paid, and the homeowners are able ...
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Qualifying for a Mortgage Loan Workout Program
One common method that homeowners in foreclosure may have available to save their homes is to put together an agreement with the mortgage company to repay the amount they are behind over a period of time. This is called a forbearance agreement. Another similar option is working with the lender to ...
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