Monthly Archives: November 2009

  It is that time of year again – for gift giving, holiday cheer, and the snow bird taking off toward warmer climates! When they can, many Americans follow the path of migrating birds and take themselves away from the colder areas that are their summer residences to the warmer climates of Florida and Arizona, [...]

This article outlines the California Foreclosure Process. Foreclosure in depth: The process Posted using ShareThis

Capital region home prices falling, but mostly by single digits – Sacramento News – Local and Breaking Sacramento News | Sacramento Bee Sacramento-area home prices are still falling compared to a year ago, but for the first time in almost 2 1/2 years, their decline can be measured in single digits. In some parts of [...]

Foreclosure, delinquency rates spike amid growing unemployment – washingtonpost.com By Renae Merle Washington Post Staff WriterThursday, November 19, 2009; 12:10 PM The share of homeowners delinquent on their mortgage or in foreclosure hit a new record during the third quarter, according to industry data released Thursday, which also indicates that the problem is likely to [...]

Report: Foreclosure Crisis Hits Blacks, Latinos – ABC News Black and Latinos are at a disproportionate risk in the ongoing foreclosure crisis because they are more likely than whites to have higher-cost mortgage loans and face higher unemployment rates, a report says. The report from the William C. Velasquez Institute called on the federal government [...]

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  For one terrifying second, think about drowning and being trapped underwater. You would no doubt call for help and try to survive by any means possible. Now, it is not a life or death situation, but being underwater is also a dangerous place to be with regards to a mortgage when the owner owes [...]

Class-Action Lawsuit Scrutinizes Foreclosure Procedures | Avvo News

  There was a quiet and positive sign from the Federal Reserve this week that the economy is continuing to improve and it came in the form of a big, fat, positive “no.” It was a positive no from the Fed when they issued a statement about not being willing to up the lending rate. [...]