Foreclosure Filings down and Foreclosure Bailout that nobody knows about
Arapahoe County has YTD 4,520 foreclosure filings week ending 10/04/08. This is 68 filings less then same time last year which means filings have dropped 1.48%. As recent as end of July 2008 foreclosure filings were 10.41% higher than last year at the same time.
Go to www.billfung.com and click on Market Data for select cities to see what’s happening now. The new statistics will be posted after the 15th of each month for the previous month. For more detailed neighborhood information contact me at email@example.com
The Consumer Bailout that nobody knows about.
This is an article you need to read or if you know of people who are, or might go into foreclosure, this article can help them. The article talks about Section 1403 of the new housing bill that was signed into law on July 30, 2008 (HR 3221). It required mortgage servicers to modify loans for homeowners and help them avoid foreclosure. Homeowners have to meet 3 requirements. Click here to read full article.
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