A recent report from ConsumerMortgageReports.com presents some troubling numbers that suggest the nation’s foreclosure and real estate problems aren’t going away any time soon. Here’s a look at some of the latest foreclosure numbers and what they might mean for the housing market.
HAMP and Unaffordable Mortgages
The Home Affordable Mortgage Program (HAMP) is the Obama Administration’s [...]
In a detailed report on the current state of the foreclosure crisis in the U.S., msnbc.com examines some of the issues currently troubling America’s real estate market and what these problems could mean for the future.
How the Foreclosure Crisis Started
During the real estate bubble, mortgage lenders eagerly underwrote home loans because credit was easy to [...]
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