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Should Obama be worried that foreclosures during April are UP 32% from last year?

Water Over Gold asked:
Seems like this whole house of cards is coming down soon enough.
http://finance.yahoo.com/news/RealtyTrac-April-foreclosures-apf-15225719.html
The number of U.S. households faced with losing their homes to foreclosure jumped 32 percent in April compared with the same month last year, with Nevada, Florida and California showing the highest rates, according to data released Wednesday. Ohio was [...]

Should banks stop home foreclosures?

IndianaHoosier asked:
Our tax money is given for a variety of reasons. I understand people’s grief when so many is struggling to get through this crisis. The money we gave the banks was misused. It bought property, vacations, other banks and fill their wallets full of cash. They showed the American People they gave [...]

Can you be denied an FHA loan with an auto repossession? Is this something an underwriter can overlook?

foxxckleopatra asked:
I am soooooo close to closing but the bank just happen to ask questions about my auto repossessions. The bank was already aware of them during the process and asked for a “Letter of Explanation” in which I provided. This is the big wall that stands in the way. The loan officer at [...]

Why Is It So Easy For Banks To Go To Court & Foreclose On Property Loans In The USA?

Latin Techie asked:
A friend of mine is on the verge of losing his home for the sake of some $25,000 USD debt ( about five payments on his mortgage, he had a bad trading year last year, didnt everyone?) BankOne in Florida went to court and got a judge to award foreclosure [...]

How long does it take for banks to foreclosure a house?

John R asked:
few months ago I lost my house and still in the process of foreclosure. what is the process time period? does any one knows. please Do not send stupid comments.
repossession debt solution

Where is the best place to get a foreclosure house listing?

Jessica asked:
I am trying to get a house that is in foreclosure. I am not sure where to get the listings. They say I can get it from some banks, are there specific banks that I should go to, or are there banks that are better than others? What are those banks? Any advice [...]