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foreclosures: Hope for the (H4H) Hope for Homeowners Program... - 11/04/08 03:09 PM
With more than $300 Billion in its coffers to lend via the FHA, the Hope for homeowner program has resulted in a  total disatser.  In july of this year the H4H program was thought by many to be the key to the stabalizing home prices and curbing foreclosures, but has yet to produce any results at all.  With 50 loans in queue since it's inception on Oct. 1, the program has been shunned by the lending community.  Saving 50 homeowners per month will in no way cure the ailing housing market...  The program is effective from October 1, 2008 to September … (1 comments)

foreclosures: Top Ten Foreclosure States - 04/20/07 08:21 AM
The number of foreclosure filings was up 7% in March as Nevada reported the highest state foreclosure rate for the third month in a row with a 29% monthly increase from February, according to RealtyTrac.A total of 149,150 foreclosure filings were reported during the month, up 7% from February's revised total and up 47% from March 2006. The national foreclosure rate stood at one foreclosure filing for every 775 U.S. households in February, according to RealtyTrac the foreclosure tracking company.RealtyTrac considers default notices, auction sale notices and bank repossessions as foreclosure filings.A 29% increase in monthly foreclosure activity kept Nevada in … (8 comments)

 

Kevin Rhodes

Bridgeport, CT

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Address: Bridgeport, CT, 06608

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