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From the monthly archives:

December 2008

Fast Process Increases Texas Foreclosures

by Mark GoodmanDecember 22, 2008

Texas’ swift foreclosure process is not helping residents to find a cure for their mortgage problems, says government officials and housing counselors.

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Seek Help Early to Avoid Foreclosure

by Robert ShultzDecember 19, 2008

Are you behind in your monthly payments to your mortgage lender? Have you been constantly worrying because you are about to lose your home to foreclosure?

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Renters Become Foreclosure Victims

by Robert ShultzDecember 18, 2008

Despite being very responsible payers of their monthly rent, some tenants still end up being evicted out of their homes unexpectedly. Their delinquent landlords are to blame for this. When a property faces foreclosure, a tenant may not have a single hint nor notice on the foregoing process until it actually happens.

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Michigan Foreclosures Up for a Cleaning

by Anthony ParkerDecember 17, 2008

Clean-up drives are finding a new location in Michigan’s foreclosed homes.

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A Simple Solution to Foreclosures

by Mark GoodmanDecember 17, 2008

When it comes to the housing crisis, a lot of complicated ideas have been tossed around to finally put an end to the foreclosure problem.

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Florida Governor Wishes to Give a Happy Holiday to the Foreclosure Troubled

by Anthony ParkerDecember 16, 2008

Some lenders are willing to cooperate with Governor Charlie Crist’s voluntary plan to freeze new foreclosures for the next 45 days. This project hopes to give hope to Floridian families struggling with foreclosure.

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Habitat for Humanity Sees Some Good in Foreclosure

by Mark GoodmanDecember 16, 2008

Newnan-Coweta Habitat for Humanity Head Leslie Merriman discovers the bright side of foreclosure.

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Foreclosures Baffle Regulators

by Anthony ParkerDecember 15, 2008

More than half of borrowers who have troubled mortgages are on the edge of losing their property even after their lenders reshaped their monthly payment, a sign that efforts to prevent foreclosures are struggling to stay upward.

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More Than 50 Percent of Rescued Homes in Foreclosure Again

by Mark GoodmanDecember 13, 2008

More than 50 percent of home loans modified under foreclosure prevention programs during the first and second quarters of 2008 have become delinquent again, after a period of just six months. As explained by U.S. Comptroller John Dugan, the modified loans reached $6 trillion, about 60 percent of all primary home mortgages in the U.S.

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Delinquent Homeowners Ending Up with Foreclosures Increase

by Danny GibsonDecember 11, 2008

The continuous increase in recorded late payment of mortgages and rate of loans of homes in foreclosures was evident during the third quarter. This has been projected to become worse with the escalating unemployment and even worsening economy. With the absence of programs that help struggling homeowners get some loan modifications, a number of this already existing housing problems may even be higher.

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