Housing construction fell in February as winter blizzards held down activity in the Northeast and South. The decline highlighted the challenges facing builders as they struggle to emerge from the worst housing slump in decades. » Read more…
Tag Archives: foreclosures
Housing construction drops 5.9 pct in February
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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Gov’t unveils plan to shrink some home loans
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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After months of criticism that it hasn’t done enough to prevent foreclosures, the Obama administration is announcing a plan to reduce the amount some troubled borrowers owe on their home loans. » Read more…
Ohio foreclosures spike in 1Q
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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A surge in lender filings last month helped send first-quarter foreclosures up 5 percent in Ohio as bank repossessions nationwide hit their highest point in at least a half-decade, according to a Thursday report from
Irvine, Calif.-based RealtyTrac, which compiles and sells foreclosure data, said Ohio logged 15,041 default notices, 7,543 auction notices and 10,637 bank repossessions in the first three months of the year. » Read more…
New Obama Stimulus for Home Mortgage Refinance Loan for Bad Credit People
Posted by MORTGAGE BLOG NEWS on March 3, 2011
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Getting a mortgage refinance for bad credit people has never been easier. There are new home loan alternatives which permit all types of homeowners to get the assistance with their mortgage they require. These new options are part of President Obama’s “Making Home Affordable” plan. » Read more…