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Latest Tennessee Headlines
- Lenders are continuing with foreclosures for financial reasons - Aug 11, 2009
- Legislators in Texas Are Trying to Slow Down Foreclosures - May 25, 2009
Legislators in Texas are trying to slow down foreclosures. A bill has already got the green signal from the Texas State Senate. It will allow for more time to be given to the borrowers to workout their problem, seek legal assistance and or search for buyers of the units.
- Foreclosures Have Hit the Wealthier Neighborhood Hard - May 18, 2009
Home foreclosures are no longer being confined to the humble neighborhoods of the US. Rising unemployment is driving even the wealthier communities towards economic distress. In fact, property foreclosures increased three times in North Jersey an address of the decidedly rich[...]
- New Idea From Menlo Park City to Contain Foreclosures - May 11, 2009
A new ideal is being touted by Menlo Park City to contain foreclosures . The snag is that it will entail huge up-front expenses for Menlo Park City. But Andy Cohan a councilman said, To me, the most important thing is to keep people in their homes and not disrupt families, not take kids out of school. This is the only program on the horizon that does that.
- Foreclosures Are Breeding Sophisticated Swindlers - May 11, 2009
Foreclosures are breeding sophisticated swindlers those who prey like vultures on the misfortunes of people. Jim McConville is one of them. A real estate mogul he courted partners for purchasing a massive number of properties. The partners did not have to invest any money all they had to do was to lend their credit record and identities to get the mortgages sanctioned. McConville convinced his crowd of listeners that he needed more estates than the bank would give to a single person like him. So he needed their assistance.


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