Like many people, Terry Hoskins has had troubles with his bank. But his solution to foreclosure might be unique. Hoskins said he’s been in a struggle with RiverHills Bank over his Clermont County home for nearly a decade, a struggle that was coming to an end as the bank began foreclosure proceedings on his...
Real Estate
New wave of foreclosures by end of 2010 is feared
Reporting from Washington – Experts fear that a new wave of foreclosures will hit this year as prolonged unemployment makes it difficult for millions of homeowners to pay their mortgages — and many of them aren’t likely to get much help from a federal program aimed at keeping them in their houses. Banks participating...
Santa Clara County foreclosures spike
After taking a break for the holidays, foreclosures spiked in Santa Clara and San Mateo counties in January. Despite efforts by the federal government and lenders to help people stay in their homes, foreclosures rose 37 percent in Santa Clara County last month from December, and 71 percent in San Mateo County, according to...
Why The US Housing Market Will Remain Under Pressure
I have maintained and continue to maintain that unless and until we see a measurable decline in mortgage delinquencies, we will not truly experience a measurable turn in the tide for housing overall. In this same vein, new studies project that measures taken to aid delinquent borrowers and to stem the tide of foreclosures...
Homebuyer Tax Credit Warms up Spring Home Sales
Record snows may still clog driveways and carpet lawns with ice but the spring real estate market is kicking off across the country earlier than normal as buyers push to make the April 30 tax credit deadline. It’s worth $8,000 to first-time buyers and $6,500 to existing owners to get a contract on a...
Co-Pay Rising: Is your health insurance plan useless? Five signs that it might be
When does having health insurance offer you no greater protection against financial ruin than having none at all? This isn’t a riddle or some joke with a witty punch line. This is a serious question that all health care consumers need to ponder. The sad truth is that any health insurance – even a...
