Foreclosure Down…and Up for 2018

Year-end mortgage foreclosure data released by Attom data Solutions showed U.S. Foreclosure activity dropped to a thirteen (13) year low in 2018.  In spite of this good news, there were areas that suffered higher foreclosure rates in the same period.  Among those with rising foreclosure rates, Texas, Michigan and Florida were among the highest in…

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Former Fannie Mae REO Foreclosure Specialist indicted for Accepting Bribes

Given the recent market volatility, the accusation against former Fannie Mae REO Foreclosure Specialist, Shirene Hernandez, is no longer a leading story. But Homeowners losing their homes to foreclosure can’t overlook this issue. Banks have been accused of mortgage fraud, robo-signing, foreclosure fraud and more. When have you heard charges against Fannie Mae (FNMA)? Now…

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Foreclosure Rates Slowly Decreasing Until Harvey Roared

The Summer that Foreclosures and Delinquencies Stabilized Foreclosure Rates Slowly Decreasing Until Harvey Roared Nearly 10 years after the Troubled Assets Relief Program (TARP) was established, Foreclosure rates remain stagnant, when comparing month to month, but is actually down year over year by over 27 percent. When congress authorized TARP through the Emergency Economic Stabilization…

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Foreclosure Aternatives-3 Ways You Can Still Avoid Foreclosure

If you know, you’re heading to foreclosure you may sell your house in what is referred to as a brief sale if you are able to negotiate with the lender to take less than that which you owe on your house loan. A foreclosure is bad enough, but a legal eviction will basically prove to…

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