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Foreclosures: What the Government is Trying to do to Help

Federal Reserve Chairman Ben Bernanke predicted foreclosures this year will reach about 2.25 million and Barack Obama proposes to place 3 months mora read more »
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Over 18,000 Foreclosed Homes Sold in Sacramento

Sacramento's sales rate for foreclosed homes has surpassed the sales rate for new homes as of October, with 18,491 units sold out of a total of 23,5[...] read more »
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The 'Walk Away' Phenomenon

One solution that has become popular around the country is for a homeowner to stop making payments, mail their house keys to the lender (known as "j[...] read more »
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What is an Adjustable Rate Mortgage Loan, and How Did it Get So Many Homeowners Into So Much Damned Trouble?

The legacy of the adjustable rate mortgage will doubtlessly be one of heartache and pain, although it does have a definite place in the mortgage fina[...] read more »
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McCain Wants to Bail out Homeowners, too!

"Sen. John McCain's $300 billion plan to help homeowners struggling with mortgage debt carries big potential benefits for the troubled real-estate.[...] read more »
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