Category: Foreclosures

Foreclosure Rate Falls to Lowest Level Since ’08

DSNews -Author: Brian Honea January 14, 2015 About 1.5 percent of all homes with a mortgage in the United States were in some state of foreclosure in November 2014, the lowest foreclosure rate since March 2008, according to CoreLogic‘sNovember 2014  National Foreclosure Report released Wednesday. Foreclosure inventory, which includes homes in any state of foreclosure, plummeted […]

Foreclosure Prevention Counseling Program Has Helped 1.8 Million Homeowners

DSNews   Author: Brian Honea December 12, 2014 Washington, D.C.-based NeighborWorks America, one of the nation’s largest community development corporations, announced that more than 1.8 million homeowners have received foreclosure prevention counseling through the association’s National Foreclosure Mitigation Counseling Program (NFMC) as of July 31, 2014. Distressed homeowners have utilized local nonprofits, national intermediaries, and […]

Foreclosure Protection Bill for Service members Passes in Both House, Senate

Author: Brian Honea December 15, 2014 The U.S. Senate and the House of Representativeshave both unanimously voted to pass a bill that give military servicemembers who have recently returned from duty added protection from foreclosure, according to an announcement from Senator Sheldon Whitehouse (D-Rhode Island), who introduced the bill in May. S.2404, also known as […]