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Why do home foreclosure rates remain so high?

Oct. 23, 2007 -- As pressure mounts for Congress and the Bush Administration to restrict mortgage lending abuses that have saddled economically vulnerable families with mortgages they can not afford, the mortgage lending industry continues to funnel millions of dollars in lobbying and campaign donations to Congress, even as some of those mortgage institutions are struggling to stay afloat, a new Common Cause report shows.

Senate And House Democratic Leaders Offer Plan To Stem Tide Of Home Foreclosures

Washington, D.C., October 2, 2007 —Senate Majority Leader Harry Reid, Speaker Nancy Pelosi, Senators Chris Dodd and Charles E. Schumer, and Reps. Barney Frank and Carolyn Maloney today offered a plan to stem the rising tide of home foreclosures created by the subprime mortgage market crisis

New Foreclosures Up in 47 States

WASHINGTON, Sept. 6 /PRNewswire-USNewswire/ -- The 2nd Quarter National Delinquency Survey, released today by the Mortgage Bankers Association (MBA), shows that mortgage loans entering foreclosure have increased in 47 states since this time last year. On average, the increases were 50% higher. Only four states -- North Dakota, South Dakota, Utah and Wyoming -- did not experience increases in new foreclosures. Less than two percent of the American population lives in those states.

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

Healty Relationship Between Landlord-Tenant

How to Maintain a Healthy and Positive Relationships with Tenants

Are you a property owner in Maryland? Looking forward to finding out and keep hold of good tenants in your rental houses in Maryland? If yes then you must know the art of figuring out the right tenants and maintaining the positive tenant relations.