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Democrats Demand $100 B of TARF Money to go to Foreclosure Aid - Republicans Say Money Stays Put »
Posted by: altnrg 10 months ago in News
Democrats and Republicans have opposing views on whether to release the remaining $350 billion of the Troubled Asset Relief Program (TARP) allocated for foreclosure prevention.
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“Tsunami” Wave of Foreclosures in 2009 Will Take Small Businesses, Foreclosures and Job Loss »
Posted by: altnrg 10 months, 2 weeks ago in News
Many fail to realize that there are millions of self-employed smaller businesses, who employ from 1-10 employees, that are holding the mortgages that are going ...
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Real Estate Activists Move Homeless People into Foreclosed Homes »
Posted by: altnrg 10 months, 2 weeks ago in News
An activist group is busy plowing the streets of Miami looking for abandoned foreclosed homes and help homeless people live there while the city takes ...
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Obama to commit up to $100 billion of the $350 b TARP financial bailout fund to help Struggling Homeowners »
Posted by: altnrg 9 months, 3 weeks ago in News
Incoming President Barack Obama will allocate up to $100 billion of the $350 billion Troubled Asset Relief Program financial bailout fund for foreclosure prevention.
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Group Fighting Houston Foreclosure Listings (ACORN) Investigated »
Posted by: altnrg 1 month, 2 weeks ago in News
A group that helps distressed homeowners avoid Houston foreclosure listings is embroiled in a controversy over its questionable practices. The group’s Houston operation is ...
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8.4% Unemployment Rate is Expected in 2009 - Obama Has a Real Challenge »
Posted by: altnrg 9 months, 3 weeks ago in News
Economic analysts expect a 1.5 percent decrease in the country’s economic growth this year. With rising inflation and unemployment, the housing crisis and ...
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Why Mortgage Modification Plans Were Doomed to End Up in Foreclosure (again) »
Posted by: altnrg 9 months, 3 weeks ago in News
The incoming administration of Barack Obama pointed to the foreclosure crisis as one of its priorities. But even with aggressive measures, why are there more ...
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Investors and Non-Profits Compete for Cheap Houses »
Posted by: altnrg 3 weeks, 2 days ago in News
Florida's housing market is awash with cheap houses for sale. But often, nonprofit groups are one step behind cash-rich investors in purchasing foreclosure properties.
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Barack Obama Promises To Do A Better Job In Resolving Foreclosure Crisis »
Posted by: altnrg 9 months, 4 weeks ago in News
Barack Obama promised a more transparent and effective foreclosure prevention program under his administration. To start off, he requested the second half of the bailout ...
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Proposal to Allow Distressed Homeowners’ Option to Rent Foreclosed Houses »
Posted by: altnrg 3 months ago in News
A proposal has been made to allow distressed homeowners to rent their foreclosed houses. The proposal is being considered by the federal government as a ...
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AG Warning on Bank Owned Foreclosures Prevention Fraud »
Posted by: altnrg 4 months, 3 weeks ago in News
Arizona posted an almost 35 percent increase in the number of homeowners who complained against fraudulent bank owned foreclosures prevention schemes. The Attorney General’s ...
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Bankruptcy Reform is a Bad Solution to Foreclosures »
Posted by: altnrg 9 months, 3 weeks ago in News
The bankruptcy reform proposal in Congress that empowers judges to order mortgage loan modification is not a good solution to the foreclosure problem, says a ...
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Barack Obama Proposes $300 Billion Tax Cuts to Help Ease Foreclosure »
Posted by: altnrg 10 months, 1 week ago in News
President-elect Barack Obama creates $300 billion tax cuts that aim to rescue foreclosure crisis and eventually save the economy.
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Foreclosed Homes Surge in New York City in July »
Posted by: altnrg 2 months, 3 weeks ago in News
The number of foreclosed homes in New York City rose by almost 15 percent in July. But industry analysts pointed out that the city is ...
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Children of Foreclosure »
Posted by: altnrg 9 months, 3 weeks ago in News
Since a child's stability is being threatened, you need to reiterate the fact that no matter where you end up, you'll always be ...
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