foreclosures: How to avoid foreclosure - 10/13/07 01:46 PM
As interest rates rise and home price appreciation comes to a grinding halt, an ever increasing number of homeowners are starting or have been falling behind on their mortgage payments. Some find themselves already on the brink of foreclosure.
The numbers around nation for households going into foreclosure are staggering,How did all this happen? Easier access to home mortgage loans, a volatile economy and mortgages that suddenly exceed the financial abilities of the homeowner are causing a climb in foreclosure rates across the nation.
Homeowners who facing foreclosure may want to consider calling 1-888-995-HOPE to receive some foreclosure prevention counseling from … (1 comments)

foreclosures: Coalition to Help Avoid Foreclosures - 10/13/07 01:07 PM
Finally the government is doing something to help people facing foreclosure. Who knows how much will help but any help is always a plus.
Coalition to Help Avoid ForeclosuresBy MARTIN CRUTSINGER - 3 days ago
WASHINGTON (AP) - The Bush administration announced a new mortgage industry coalition on Wednesday aimed at helping homeowners avoid being trapped in a rising tide of foreclosures.
Treasury Secretary Henry Paulson said the initiative would help coordinate efforts by financial companies to help an estimated 2 million homeowners whose introductory mortgages with low rates are now resetting at much higher rates, greatly increasing the risk they will default … (1 comments)

foreclosures: Facing foreclosure? Here is some help - 10/13/07 12:54 PM
Great article in the Modesto BeeĀ for people who may be facing foreclosures. Spread the word for your clients in the area. There may be similar classes popping up around the country as well.
Facing foreclosure? Here is some helpBy BEE STAFF REPORTS A consumer debt counseling group is offering a number of programs and workshops aimed at people facing foreclosure or try- ing to get out from under a failing loan, or just looking to improve their finances.
ByDesign Financial Solutions, also known as Consumer Credit Counseling Service of Mid- Counties, will offer a series of programs through the end of the year, … (0 comments)

 

Ryan Anderson

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