Overall, the foreclosure programs have failed to reach more than a fraction of the homeowners they were designed to help. Here are the depressing details: Palm Coast, FL – October 9, 2011 – More than 6 million Americans are behind on their mortgage payments or facing foreclosure. Housing prices have continued to drop, and many […]
Of the $45.6 billion in Trouble Asset Relief Program funds meant to aid homeowners, the most recent numbers available show that only about $2 billion has actually gone out the door. Palm Coast, FL – August 25, 2011 – With housing prices dropping sharply, and foreclosure filings against more than 1 million properties in the […]
Earlier this week, the federal government put out a request for ideas on how to transform some of the roughly 250,000 government-owned foreclosed homes into rental properties. Palm Coast, FL – August 13, 2011 – Earlier this week, the federal government put out a request for ideas on how to transform some of the roughly […]