Posts Tagged ‘Great Depression’

Great Depression Solution to Foreclosure Listings (Pre foreclosure)

Tuesday, March 31st, 2009

. Although there are marked differences between the Great Depression and the current crisis, there are also similarities that support the study of what Roosevelt did to contain mortgage defaults during his time.
Source: www.foreclosurelistingsnationwide.com

Mortgage Fraud Soars Amid Foreclosure Listings
As mortgage lenders accumulate losses from foreclosure listings and as they implement stricter processes and more requirements for loan applicants, incidents of loan fraud have started to increase.
Source: www.foreclosurelistingsnationwide.com

Swindlers in Foreclosure Listings Not Punished
Despite the rising number of cons and scammers victimizing homeowners distressed by foreclosure listings, most prosecutors are still filing only civil actions against them. Civil actions only aim to recover victims’ losses; they do not put fraud perpetrators in jail.

North Carolina’s attorney general Roy Cooper said it is difficult for his office to launch investigations on misdemeanors. Only a few states have attorney general offices that are able to launch efforts to file criminal charges and seek jail time for swindlers focusing on foreclosure listings.
Source: www.foreclosurelistingsnationwide.com

Pre foreclosure - Mortgage Fraud Soars Amid Foreclosure Listings

Tuesday, March 24th, 2009

and as they implement stricter processes and more requirements for loan applicants, incidents of loan fraud have started to increase. foreclosed homes

President Franklin Roosevelt’s solution to the mortgage crisis in the 1930s is a good model for a scheme to solve the current problem of endless foreclosure listings. Although there are marked differences between the Great Depression and the current crisis, there are also similarities that support the study of what Roosevelt did to contain mortgage defaults during his time. foreclosed homes

As California continues to be among the top three in foreclosures by state, its unemployment rate soared to a record 10.1 percent in January. The jobless rate last December was 8.7 percent while the rate in January 2008 was 6.1 percent. The state’s rate is also above the January national unemployment rate of 7.6 percent. foreclosed homes

Low-Priced Houses in Foreclosure Listings (Short sale foreclosure)

Tuesday, March 24th, 2009

which in turn sent home prices spiraling downward to their lowest level.

According to RealtyTrac data, a total of 290,631 houses received auction notice or default or were repossessed by lenders in February 2009. pre foreclosures

President Franklin Roosevelt’s solution to the mortgage crisis in the 1930s is a good model for a scheme to solve the current problem of endless foreclosure listings. Although there are marked differences between the Great Depression and the current crisis, there are also similarities that support the study of what Roosevelt did to contain mortgage defaults during his time. pre foreclosures

William Lucy, a professor, and Jeff Herlitz, a graduate student of the University of Virginia have both analyzed the foreclosure market in 35 metropolitan areas, 236 counties and 50 states. pre foreclosures

How to buy foreclosures - Attractive Home Prices and Tax Foreclosures

Saturday, March 21st, 2009

could begin recovering by looking for bargains among thousands of low-priced homes across the country.
Source: www.foreclosurelistingsnationwide.com

Great Depression Solution to Foreclosure Listings
President Franklin Roosevelt’s solution to the mortgage crisis in the 1930s is a good model for a scheme to solve the current problem of endless foreclosure listings. Although there are marked differences between the Great Depression and the current crisis, there are also similarities that support the study of what Roosevelt did to contain mortgage defaults during his time.
Source: www.foreclosurelistingsnationwide.com

Relief Plan to Stem Foreclosed, Cheap Houses for Sale
Hopes are pinned on the foreclosure prevention plan of President Barack Obama to help reduce the number of foreclosed, cheap houses for sale which is being blamed for the abysmal performance of the housing market for the past two years now.
Source: www.foreclosurelistingsnationwide.com

Foreclosure list - Foreclosure Auctions Are An Excellent Investment Opportunity

Friday, March 20th, 2009

Foreclosure auctions are a very profitable investment opportunity for the buyers. These properties are a great investment opportunity which can ensure that the investors are making money on purchase and resale. The best part about the foreclosure auction process for any buyer is that it is a very fast method …
Source: www.foreclosuredatabank.com

Great Depression Solution to Foreclosure Listings
President Franklin Roosevelt’s solution to the mortgage crisis in the 1930s is a good model for a scheme to solve the current problem of endless foreclosure listings. Although there are marked differences between the Great Depression and the current crisis, there are also similarities that support the study of what Roosevelt did to contain mortgage defaults during his time.
Source: www.foreclosurelistingsnationwide.com

Swindlers Exploit Foreclosure Listings
Swindlers have been capitalizing on endless foreclosure listings to earn money from renters looking for cheaper rentals. These swindlers have studied the foreclosure system and have looked for ways to exploit the system. In Ellis County in Texas, law enforcer Mike Jones discovered one illegal renter when he passed by a large house with overgrown weeds, but with curtains and a Ford car parked in the driveway.
Source: www.foreclosurelistingsnationwide.com