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Amount of first quarter foreclosures decreases

by Paula Greenway | Apr 15, 2014 | Foreclosure, Foreclosure Defense

RealtyTrac recently reported that the U.S. housing market has recovered considerably since the 2008 economic downturn. This month, the housing market observed the lowest statistics regarding foreclosure activity since 2007.Reports said that since March, lenders...

Agency reports that payday loans can be financially destructive

by Paula Greenway | Mar 26, 2014 | Creditor Harassment, Debt Collection

A recent federal report indicates that many of the people that borrow payday loans are often trapped into debt because of the loans’ high interest rates.The report released by the U.S. Consumer Financial Protection Bureau showed that more than 80% of short-term loan...

U.S. foreclosure rate reaches its lowest since 2006

by Paula Greenway | Mar 18, 2014 | Foreclosure, Foreclosure Defense

Recent data from real estate research firm RealtyTrac shows that the number of U.S. homes in foreclosure last month marks the lowest since 2006, Forbes reported on March 13.According to the data from February, at least 112,498 properties nationwide were in various...

Rapper’s $1 million NY property facing foreclosure

by Paula Greenway | Mar 4, 2014 | Celebrity Bankruptcy Filings

Rapper Earl Simmons, commonly known as DMX, is currently losing his $1 million property in Mount Kisco, New York to foreclosure.Simmons blames his estranged wife for the foreclosure, saying that she didn’t take responsibility for the mortgages, as previously agreed...

Number of foreclosure filings decrease by 18 percent from 2013 to 2014

by Paula Greenway | Feb 15, 2014 | Foreclosure, Foreclosure Defense

An 18 percent dip in the number of U.S. homes that filed for foreclosure was noted from January 2013 to January 14, according to RealtyTrac.Though last month there was a 10 percent increase from December to January in the number of homes that entered foreclosure...
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