The Foreclosure Report: Foreclosures Push Denver Inventory To. – More Foreclosures Than Loans In North Carolina; From Dream To Nightmare In Pennsylvania ‘Everyone Agrees Disclosure Process Broken’ More Foreclosures In New Hampshire: Officials; Defaults News For Florida, Texas, California; Equity A Goal, Not A Guarantee; More States Join In Race To The‘ From ARM Resets
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Foreclosure hurts even worse than bad headlines. For instance: One mortgage in the Abacus pool was held by Ms. Onyeukwu, a 43-year-old nursing-home assistant in Pittsburg, Calif. Ms. Onyeukwu already.
That could become an ‘unendurable strain’ on some households, Cagan said." "States with the lowest percentage of high-risk properties — where borrowers have more equity and are less likely to experience the effect of adjustable-rate mortgage increases, include New York, Hawaii, Massachusetts, Connecticut and New Jersey, the study reported.
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Obama vs. McCain Round 2 – They said most of the foreclosures here involved out-of-state investors, rather than families living in their homes. They also noted that, as part of the government’s efforts to bail out the mortgage.