sales of foreclosure homes rose in 1qthe increase was driven by a spike in short sales, or homes that sell for less than what the owner owed on their mortgage.politifact: president barack obama's efforts to help foreclosure crisis have fallen shortby molly moorhead, times staff writer monday, may 28, 2012 as the economic collapse began to threaten homeowners, presidential candidate barack obama vowed to come to their aid. "we must help the millions of homeowners facing foreclosure," he said on the campaign trail in june 2008. his plan called for changes in bankruptcy laws, a crackdown on predatory and fraudulent lenders and a $10 billion...local foreclosure rates increaseaccording to a new housing report issued by corelogic , foreclosure rates in the virginia beach, norfolk and newport news have increased.bay state foreclosure inventory declines in aprila total of 2 percent of all homes with a mortgage in massachusetts were in the foreclosure inventory as of april, better than the nation's 3.4 percent average, according to a new report from california data firm corelogic. |
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