Archive for the 'Foreclosure Videos' Category

US Home Foreclosure Hit Record High

Thursday, July 23rd, 2009

Bloomberg News new recently published an article about home foreclosures continuing to soar even three years after this foreclosure crisis began.  Watch this YouTube video with an interview and discussion with Rick Sharga of the Realty Trac. He talks about the 1.5 million record high foreclosure numbers. Are loan modifications helping or just delaying the [...]

Which Mortgage Option Available for Homeowners

Thursday, March 19th, 2009

The mortgage loan modification plan aims to help four million borrowers who are behind in their payments or are at risk of default. That includes those who are those suffering serious hardships, declines in income or increases in expenses; facing an interest rate hike; having high mortgage debt compared to income; owing more than their [...]

75 Billion Dollar Mortgage Rescue Plan

Thursday, March 12th, 2009

The mortgage relief bill has been finance experts questioning the 75 billion dollar home foreclosure prevention package.  Many people believe these homeowners will likely default even after the loan modification is provided.   NCRC’s John Taylor Discusses 75 Billion Dollar Mortgage Rescue Plan with CNN’s Lou Dobbs   John Taylor, President & CEO of the [...]

Foreclosure Rescue Scams Rise

Thursday, March 12th, 2009

Unfortunately with all of the stimulus packages and mortgage relief bills being passed, the number of home foreclosure prevention scams continues to rise.  States like Florida, California, Arizona and New jersey continue to report a spike in complaints against brokers and sales people claiming to help borrowers with foreclosure rescue. Cynthia Bowers reports that more [...]