Foreclosure Articles from TRSForeclosures.comBlogs and Articles on Pre-Foreclosure Homes, Foreclosure Homes, NOD, HUD, REO and Bank Owned Foreclosures.Foreclosure Homes : A Foreclosure Timeline- September 17, 2008 While laws vary state to state, a typical foreclosure timeline is shown below which outlines the foreclosure process and what leads to foreclosure. As borrowers fall behind in their payments, they can expect lenders to react in specific ways at specific times ...http://www.trsforeclosures.com/blog/foreclosure_homes/foreclosure_timeline.htm Foreclosure Filings Increase 121%- September 17, 2008 Second quarter data just released shows that foreclosure filings continue to rise. In fact, the numbers more than doubled from the same time last year. Strapped homeowners are left with few options other than foreclosure.http://www.trsforeclosures.com/blog/foreclosure_crisis/foreclosure_filings_increase.htm Foreclosure Auction- September 17, 2008 Buyers once on the sidelines because they were priced out of the real estate market are now sharpening their pencils and looking for affordable housing. And the inventory of affordable housing today as opposed to 3, 4, and 5 years ago is mind blowing.http://www.trsforeclosures.com/blog/foreclosure_auction_1/foreclosure_auction.htm Foreclosure And Mortgage Insurance Claims- September 17, 2008 AIG, American International Group, Inc, one of the worlds largest insurance companies, announced a second quarter loss of more than $5 billion.http://www.trsforeclosures.com/blog/foreclosure/foreclosure_and_mortgage_insurance_claims.... Foreclosure and Mortgage Crisis- September 17, 2008 Following in the after math of Freddie Macs dismal second quarter numbers, Fannie Mae announced their loss of $2.6 billion. This resulted in a loss of about $2.54 per share just more than 3x analysts expectations. Similar to its counterpart Freddie Mac, Fannie Mae has opted to cut its dividend. This news drove the stock down 18% to 8.85 per share.http://www.trsforeclosures.com/blog/foreclosure_crisis/foreclosure_and_mortgage_crisis.htm Foreclosed House- September 17, 2008 The first wave of housing misery came in the form of Subprime mortgage. However, that was only the beginning. We later saw that the bursting housing bubble boiled over to other, cleaner loans.http://www.trsforeclosures.com/blog/foreclosed_house/foreclosed_house.htm Foreclosed Homes- September 17, 2008 The July unemployment rate came in up at 5.7%. American companies were said to have cut more than 50,000 jobs across the nations.http://www.trsforeclosures.com/blog/foreclosed_homes/foreclosed_homes.htm A Judicial Foreclosure: Safe Investment- September 17, 2008 One way to identify investment opportunities is by looking into judicial foreclosures. A judicial foreclosure is usually safer to buy those properties which have been extra-judicially foreclosed. By relying on an order from the court, you can avoid many legal hurdles. The only way that a judicial foreclosure can be revoked is through additional court proceedings.http://www.trsforeclosures.com/blog/judicial_foreclosure/a_judicial_foreclosure_safe_inves... |