Thursday, June 25, 2009

Not paying the mortgage, yet stuck with the keys - San Jose Mercury News

A growing number of American homeowners are falling into financial limbo: They're badly behind on payments, but their banks have not yet foreclosed. The backlog of seriously delinquent mortgages, which so far affects about 1 million borrowers, is a ..., more 
and Housing Assist, the Nation's Best Option for Preventing Foreclosure - PR Newswire  America 's #1 Short Sale Company assists homeowners in mapping out a personalized financial plan for owning a home in two short years after the sale of their underwater property. LOS ANGELES, June 24 /PRNewswire/ -- Once largely confined to a few ..., more 
and U.S. Foreclosure Overload Rises - Post Chronicle  Trade journal Inside Mortgage Finance said the number of delinquent U.S. homeowners awaiting foreclosure has doubled in the past 12 months. In the first quarter about $227 billion in mortgage loans were seriously behind, but the homes still belonged ..., more 

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