US Foreclosure Information

In an effort to assist the 3,000 plus Wake County residents who are in danger of foreclosure, the Housing Counseling Division of Consumer Education Services, Inc., a HUD Certified Housing Counseling Agency, will be hosting free foreclosure clinics.

More homeowners are falling behind on their mortgages and sliding into foreclosure, according to new figures, a sign that the housing crisis is spreading.

One of eight U.S. households with a mortgage ended the first quarter late on loan payments or in the foreclosure process in a crisis that will persist for at least another year until unemployment peaks, the Mortgage Bankers Association said on Thursday.

Sales of existing single-family houses in the Las Vegas region rose to the highest level for an April in four years last month as first-time buyers and investors continued their foreclosure feeding frenzy.

A record 12 percent of homeowners with a mortgage are behind on their payments or in foreclosure as the housing crisis spreads to borrowers with good credit. And the wave of foreclosures isn’t expected to crest until the end of next year, the Mortgage Bankers…

Loans in foreclosure process or late at least a month are 11.3% of state’s mortgages The number of Maryland borrowers who face foreclosure or have missed mortgage payments rose to nearly 121,000 in the first three months of the year, up slightly from the fall but an increase of 67 percent from a year earlier, the Mortgage Bankers Association said Thursday.

CLEVELAND- Increasing joblessness has fueled a new stage in the foreclosure crisis in northeast Ohio and around the country, as pink slips and defaults on traditional, fixed-rate loans begin to overshadow the subprime defaults that began the foreclosure mess.

They came with questions, seeking advice and reassurance. There was the young couple trying to stave off foreclosure. The older woman looking into a reverse mortgage. And the woman who gave up her job to care for her ill mother; after her mother died, she found herself unable to find a job or pay the mortgage for her mother’s home, where she lived. Stephanie Shappell Katich, …