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U.S. felt a 5% foreclosure rate increase in January

Posted on February 25th, 2015 No Comments

U.S. felt a 5% foreclosure rate increase in January

A 5 percent foreclosure rate increase was felt in the U.S. last month according to real estate data provider RealtyTrac, a February 12 Business Insider article stated. RealtyTrac said that last month’s increase was fueled by a recent jump in houses repossessed by banks; 37,292 properties have been repossessed nationwide. The number of homes headed […]

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Foreclosure looms for ex En Vogue singer

Posted on February 10th, 2015 No Comments

Foreclosure looms for ex En Vogue singer

Former En Vogue singer Maxine Jones may lose her house in Virginia to foreclosure after a federal judge permitted her bank to start the procedure, a February 4 article of The St. Louis American stated. According to reports, the 53-year-old R&B singer missed paying her mortgage for two months late last year. On December 18 […]

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Tips on recovering from foreclosure

Posted on February 3rd, 2015 No Comments

Tips on recovering from foreclosure

Fox News offered some tips on January 23 about how to recover after experiencing the stressful process of foreclosure. • After a foreclosure, people may initially improve their credit by using it responsibly enough to impress potential lenders. Homeowners with high credit scores before foreclosure may struggle more to get their credit back to their previous point. Despite […]

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