On our main foreclosure blog, we post a more in-depth analysis of the current state of the housing market than we have in some time. The downturn that we experienced in 2006 may be less than one-third as bad as it can get in 2007 -- not taking into account any kind of compounding of the problems created last year.
Nearly $1 trillion in adjustable rate mortgages are scheduled to reset this year, and the defaults on these loans are causing even lenders and banks to go out of business.
For more of the story, though, please visit our entry today.
ForeclosureFish.com also helps homeowners learn as much as they need to about the foreclosure process and what options they may have available to stop foreclosure.
For investors, Realtors, and mortgage professionals, we also provide high-quality, verified foreclosure leads -- up to 400 new ones each month.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment