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Not All Foreclosures Are Due to Economy

admin — Thu, 22 Apr 2010 06:31:02 +0000

It is easy in the current economy to assume that most consumer foreclosures on personal residences are due to the economy. Unemployment is high and even household where lay-offs have not hit are operating with less income due to reduced schedules and forced days off without pay. The reality is that not all foreclosures can [...]

Not All Foreclosures Are Due to Economy is a post from: Clear Debt Now

Mortgage Companies Helping Families Walk From Mortgage Debt

admin — Mon, 22 Mar 2010 15:20:11 +0000

The foreclosure process can easily turn into an emotional drawn out procedure. Consumers who become delinquent on their home loans are faced with months of late notices, warnings, demands for payments, and eventually eviction. In the meantime the bank is paying staff to work the accounts while not receiving any payments. Foreclosure proceedings are sad [...]

Mortgage Companies Helping Families Walk From Mortgage Debt is a post from: Clear Debt Now

Predatory Lending Leads to Foreclosures

admin — Wed, 10 Mar 2010 16:54:21 +0000

As more and more consumers face foreclosure there are disturbing stories coming to light. It seems that some people are losing their homes after agreeing to a series of refinancing arrangements that were almost sure to lead to eventual eviction. Though no one purposely agrees to a loan that is unaffordable, many of the loans offered [...]

Predatory Lending Leads to Foreclosures is a post from: Clear Debt Now

Some Hope…Maybe…For Those Facing Foreclosure

admin — Fri, 19 Feb 2010 19:35:01 +0000

There is some hope still for homeowners wondering if there will be more foreclosure statistics in 2010. The federal government is working on a plan that will hopefully make it easier for people to qualify for the Making Home Affordable program. The government is also trying to find a way to convince banks to [...]

Some Hope…Maybe…For Those Facing Foreclosure is a post from: Clear Debt Now

Foreclosures Rise In December Disappointing Everyone

admin — Sat, 13 Feb 2010 17:18:30 +0000

Looking at the numbers of foreclosures for 2009 is sobering. What is even more disturbing is that they had peaked in July of 2009 and then began to decline only to rise again in December. In fact the number of foreclosures rose by 14 percent in December 2009 compared to November 2009. For every forty-five [...]

Foreclosures Rise In December Disappointing Everyone is a post from: Clear Debt Now

December Consumer Wages and Credit Figures Show Little Progress

admin — Tue, 09 Feb 2010 16:19:59 +0000

Consumer wages are stagnant and will probably stay that way for a while. That was the verdict of the U.S. Labor Department. The Labor Department evaluated the average hourly earnings of non-supervisory and production workers in the private sector and found that wages are not moving much right now with only 3 cents an hour [...]

December Consumer Wages and Credit Figures Show Little Progress is a post from: Clear Debt Now

The Possibility Of Fiat’s Escape From Debt

admin — Mon, 10 Aug 2009 16:05:30 +0000

Making headlines is the prospect that Italian automaker, Fiat—recently gaining broad attention in the U.S. for its purchase of Chrysler—will resume profitability and make its escape from deb. Market watchers are keeping an eye on how the company will progress in its quest to reduce its debt load. According to some analysts, the carmaker could [...]

The Possibility Of Fiat’s Escape From Debt is a post from: Clear Debt Now

Michigan Representative Wants Banks to Reorganize Chrysler Debt

Foreclosure Looming Don’t Give Up Hope!

admin — Sun, 15 Jun 2008 10:19:27 +0000

It looks like the housing market is not out of the thicket yet. Many mortgages are about to reset interest rates that are no doubt going to rise as the economy begins to stabilize. Many experts are forecasting that by the end of the year the worst of the current economic troubles will be over [...]

Foreclosure Looming Don’t Give Up Hope! is a post from: Clear Debt Now