ARCHIVED BLOG POSTS
2010
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Foreclosures are setting off fresh tremors across the country but not because of any surge in unpaid loans. An elaborate system designed to assure good title to your home and solid assets on lender books has been shaken by revelations of botched foreclosure affidavits. This is a problem because c...
11/18/2010
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Foreclosure filings - default notices, scheduled auctions and bank repossessions - were reported on 930,437 properties in the third quarter, a nearly 4 percent increase from the previous quarter but a 1 percent decrease from the third quarter of 2009, according to the RealtyTrac U.S. Foreclosure ...
11/18/2010
The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most or all of their foreclosures amid allegations thousands of foreclosures were handled improperly. Home repossessions dropped 9 percent from September t...
11/12/2010
Voters are required to register to vote in the county in which they live, but for individuals in the middle of a messy foreclosure, residency is sometimes difficult to pin down as they bounce from rental to rental or crash with family or friends. Each state sets its own rules, but the bottom line...
11/10/2010
A perfect storm of job losses, unaffordable mortgages and plunging home prices have resulted in a steady decline in homeownership over the past five years, according to the results of a U.S. Census Bureau report. Nearly 3 million fewer Americans now own homes compared to the first quarter of 2005...
11/10/2010
All 50 state attorneys general agreed to jointly pursue the issue, but half of their 12-member executive committee now find themselves in their last months of service. Arizona, California, Connecticut, Florida, New York and Ohio will all have new attorneys general come January. Most prominent in ...
11/10/2010
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Things are beginning to look up in the big D, the Motor City; but surely, there is still a long ways to go. With most of the non-productive or destructive distractions resolved, Detroit's new government and public school system leaders are showing signs that their eyes are locked on the right pri...
11/10/2010
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We ask ourselves daily when will it all turnaround? will it be this year or next or beyond that? We just need alll these houses that are distressed to hit the market so the economy will turnaround quicker. What are they waiting for? the house to be stripped and water damage or the brick or siding...
11/10/2010
