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Foreclosure News

Loss Mitigation Home Retention Options Revised Loss Mitigation Home Retention Options Revised
Last Tuesday, the Federal Housing Administration announced changes to the loss mitigation program that gives mortgage borrowers more options to help them keep their homes.
Nevada's New Foreclosure Law Vastly Reduces Foreclosure Filings Nevada's New Foreclosure Law Vastly Reduces Foreclosure Filings
The newly implemented foreclosure proceedings law in Nevada has greatly reduced the number of foreclosures filed by banks over delinquent homes.
Report: Foreclosure Rates Double in 2011 Report: Foreclosure Rates Double in 2011
Fitch Ratings, who track real estate market statistics in the United States, is reporting that the amount of homes going through the foreclosure process for failure to meet mortgage payments is twice as much as was reported this time last year.

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