Wave of foreclosures hits homeowners across nation (Whittier Daily News)
mortgage market, and the picture isn't a pretty one. Trac, with one of every 134 homes in the two counties in some stage of the foreclosure process. "It's getting worse," said broker Pat McKenna of Bristol Home Loans in Ontario....more...2,635 Utahns eligible for Ameriquest payout (Deseret Morning News)
Consumers in Utah and 48 other states can start applying to receive their share of a $325 million settlement negotiated with Ameriquest Mortgage Co., once the biggest home-loan lender to people with credit problems....more... Foreclosures in rapid ascent locally (Daily Bulletin)
Those proverbial chickens are coming home to roost in the mortgage market, and the picture isn't a pretty one....more... Foreclosures continue to soar (Daytona Beach News-Journal)
The wave of home foreclosures washing across the nation is making itself painfully apparent in the Volusia-Flagler area, with huge increases in the number of cases filed this year in the circuit courts of both counties....more... New cash idea for homeowners (The Christian Science Monitor)
They can tap into home equity but avoid loans in a new plan from REX & Co. ...more... Many boomers are turning to reverse mortgages (Miami Herald)
How are baby boomers who are still carrying hefty first and second mortgages going to pay them off?...more... Regional hiccup in foreclosure data (The Philadelphia Inquirer)
Mortgage foreclosures grew 87 percent nationwide in June, and by 8.2 percent in the Philadelphia area, according to a report released yesterday by a California firm that tracks mortgage defaults....more... Creative ideas for boomers with hefty mortgages (Seattle Times)
How are baby boomers who are still carrying hefty first and second mortgages going to pay them off? Millions of homeowners refinanced during......more... Romney spending big in early states (Los Angeles Times)
The GOP presidential hopeful appears to be gaining traction. But he's still trailing Giuliani, who's spending his money to raise more. Republican front-runner Rudolph W. Giuliani is spending heavily in his pursuit of more money for his presidential campaign, while rival Mitt Romney is using his riches to win over voters in states where there will be early voting, campaign finance reports filed ......more... |