In 2006, the housing boom in the US began to cool down and increasing foreclosed news has dominated the media ever since.  Homeowners began to lose their homes or are threatened with foreclosures because they have failed to keep up with the payments on their mortgage.
In cities where subprime mortgages are prevalent, foreclosure of [...]

Foreclosure news continues to dominate national headlines as the unemployement rate keeps climbing.  Reports say that almost 6% of homeowners are either in the rears on payments or at the cusp of foreclosure.  This number has doubled as compared to just a year ago.  According to the Mortgage Bankers Association, it is very alarming to [...]