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 How do you get the best mortgage refinance rates? Well, the truth is that it is not easy. There is a lot of chaos and confusion in the mortgage industry right now. In fact, "Foreclosuregate" threatens to turn the entire U.S. mortgage industry upside down. So if you are attempting to refinance your home right now, it is important to be exceptionally careful. You are going to want to find a company that you can trust. The reality is that there are a lot of scammers out there that will take advantage of you if you allow them to. Refinancing your home is a big deal, and you don't want just anyone to do it for you. We here at Foreclosure Help have a few tips that will help make this process easier and safer for you..... (Read More.....)
 The foreclosure crisis that we are currently witnessing is one of the greatest economic tragedies that we have seen in America in modern times. Millions of people are getting kicked out of their homes, and the U.S. government and mortgage lenders are providing little to no real help. It is a real shame to see so many American families get dumped out on to the street because of the greed of a few. And unfortunately, foreclosures in the United States continue to set new records. The number of foreclosures set another all-time record for the second consecutive month in May. In addition, the number of newly initiated foreclosures rose 18.6 percent to 370,856 during the first quarter of 2010. What that means is that the foreclosure crisis is getting even worse. Tens of millions of Americans desperately need foreclosure help, but pretty much nobody seems interested in helping them. Foreclosure horror stories are multiplying as large numbers of American families are struggling to pay mortgages that they didn't understand and couldn't afford in the first place. Unless someone steps forward to help the tens of millions of Americans that are in danger of foreclosure, the tragedy is going to end up being unspeakable. (Read More.....)
 The much celebrated foreclosure help programs introduced by Barack Obama and the Democrats last year are not working. They are helping very, very few mortgage holders, and the default rates for those who have been helped are still very high. The truth is that the U.S. federal government does not seem to be able to do much about the massive wave of foreclosures that is swamping this nation, and the scary thing is that the real estate market in the United States is about to get even worse. Let's hope that things are not going to get nearly as bad as many analysts are projecting, but at this point, things really, really do not look good. (Read More.....)
  Falling behind on your mortgage is a very serious event in any persons life. I am here to tell you there are many ways to save your home before you get to the point of eviction. In some states it takes up to 12 months before the eviction process happens, and in other areas it can happen as soon as 30 to 90 days. Texas residents could find the foreclosure process completed in only around 45 days. It greatly depends on the law and the mortgage holder and how aggressively they pursue your case. (Read More.....)
  Reality Trac had commented that 70% of current mortgage defaults are currently not listed in MLS, they are kept off the books because it would impact the economy which would cause catastrophe in the stock markets and our dollar. Up to 9 million homes may enter foreclosure over the 2009-2011 period, versus one million in a typical year. At roughly U.S. $50,000 per foreclosure according to a 2006 study by the Chicago Federal Reserve Bank, 9 million foreclosures represents $450 billion in losses according to the New York Times. The fact is - many people are under the belief that we are coming close to the end of the housing crash, but many sources say it has only just begun. (Read More.....)
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