Wednesday, November 25, 2009 Bank Foreclosure Prevention Program by Citi Up by 20 Percent
The bank foreclosure prevention program of CitiMortgage has been improving significantly. CEO Sanjiv Das also said that the bank has started implementing principal reduction for some deserving borrowers.
Friday, November 20, 2009 Abandoned Pets Since 2007 Estimated at 1 to 2 Million (1 comments)
Abandoned pets since December 2007 has been estimated by the ASPCA at one to two million. Animal shelters and rescues have been struggling as donations and funds dry up.
Sunday, November 15, 2009 Repo Homes for Sale Attracting More Investors, Survey Says
Repo homes for sale have been attracting investors across the country, according to a survey conducted by Move.com. Foreclosure investors plan to profit by renting out or by occupying their purchased properties while waiting for price appreciation.
Saturday, November 14, 2009 Foreclosures for Sale High in 10 States with Budget Problems
Foreclosures for sale are contributing considerably to the budget challenges faced by California and nine other states, according to a Pew Center report. Other factors for financial difficulties are high unemployment rates and budget constraints.
Friday, November 13, 2009 Las Vegas Foreclosures for Sale Kept Home Prices at Bay
The percentage of Las Vegas foreclosures for sale that closed in October dropped, but the percentage was still high at 64.5 percent. Foreclosures kept the median sales price at $139,100.
Friday, November 13, 2009 Bank Foreclosure Listings Slow in Sarasota as Banks Wait
Bank foreclosure listings have been slowing in Sarasota County, Florida as banks postpone their foreclosure actions to cut maintenance costs. Banks also want to regulate the flow of foreclosures into the market to stop further home price declines.
