Top 10 Foreclosure States

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Our Loss Mitigation Lawyers will renegotiate your mortgage rates with a loan modification that stop foreclosures with a fresh start with lower mortgage payment from a foreclosure prevention company who gets results. Nations Housing is a mortgage marketplace designed for homeowners to get help with foreclosure prevention by means of loan modifications, forbearances and short sales.
We are part of the F.A.S.T. network that is an attorney-backed owned and operated loan modification company. Our firm was founded by a group of trusted real estate lawyers, a national firm and a group of mortgage lenders who have been licensed and chartered for almost twenty years. Our legal team of negotiators boasts of over 15 years of experience practicing mortgage, real estate and foreclosure laws.
Phone: 1-801-668-2928
ASK FOR OLIVER LEVENSON
Trust me this guy will help you!!!!!!!
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http://www.trade-pals.com/business-professionals/Mortgages-

JAMES WHITE of UT 6:19PM August 19, 2009

Folks the reason banks don't care about you falling behind on payments and usually uninterested in re-negotiating, is that most loans are insured by Fannie Mae or Freddie Mac. The fact is, they are going to get their principal back regardless if it takes 3 months or 3 years to foreclose and sell off the property. The only reason some banks are moved at all to deal with foreclosures is government pressure, or the loan is NOT insured. If it isn't insured, the loan officer will be helping you move out!

John T. of OR 11:00PM June 23, 2009

Currently living in California--this is Gi-normous economic problem
The housing market is the thrust of our economy. Housing will yet drop more before year end, as well as personal income. Has any other cost associated with housing dropped? Certainly our utilities have not, food, etc.
This a long haul out---and I saw it coming! More to come folks. The Banks are not cooperating with delinquent homeowners--the biggest cure is to keep people in their homes. The banks need to renogiate principal balances as well as at least a 5 year reduction in the rate--but still not happening. They would rather foreclose--take another 12-16 months to dispose of the property, kill the value of property in the neighborhood, and lose thousands ($100,000+) more dollars than a principal and rate reduction for the homeowner. The American Dream is dying!!!

Dawna Stanton of CA 6:57PM June 17, 2009

"IT'S NOT AS BAD AS IT SEEMS".....ANOTHER BLIND REAL-TOR....IT FIGURES.

DANA of CA 2:08PM February 16, 2009

i cant wait till a lot of the casinos on and off the strip start going bankrupt, and no one wants to buy them, or refinance them.., or run them, or manage them, or gamble in them.....just demolition them ...start over in antoher 100 years....!!!...ashes to ashes ,,,dust to dust baby !!!...a freind of mine is a TOPLESS DANCER in VEGAS, and she used to make 300$ every Friday...(at least).....she called me and told me last Friday night she made $40.00.....and that the strip was DESERTED !!!......

dana of CA 2:04PM February 16, 2009

Um, you're forgetting about the massive numbers we're dealing with here Pheonix. And you're forgetting about the impact those number have on OTHER numbers.
Census Bureau lists 160 million homes in USA. Thats 1.12 MILLION homes in foreclosure, 3-4 MILLION people who have to find another place to live (so 100%ish of the homes in my whole state if they were all here). An entire state out of their homes? Think of it in terms of if every house in Minnesota burnt to the ground. What the HECK do you do with all those people? What do all those banks do now that they dont have that 1.12 million x $1000-4000 in revenue coming in each month? (Billions). Just b/c they have the house doesn't mean they can sell it. Your banks hire dozens and dozens of people just to make sure you DONT or WONT default on a loan. Your bank doesn't want your property, they would have bought it themselves if they did.
I evaluate homes for a living, all over the country. Do you have any idea how much home prices have dropped in some areas? I saw 5 in your state that dropped 30% in a year just in one neighborhood 2 days ago, formerly $300,000 homes. Some in Cali that are dropping 40% in 2 years ($800,000 to $450,000). Do you know how many people CAN'T leave their homes that want to because of this (lower value=can't sell=can't move)? I'll give you a hint, its a LOT more than the number of people who lost their homes to foreclosure. Who else does that then effect? Who then? Telephone this thing as far as you want, its big enough to just go and go and go.
In my business, we've never seen anything like this, it's changed everything in the financial markets completely in a lot of different ways. This is real big stuff despite what your one small bit of math tells you.

Any Mouse of MN 8:59PM February 04, 2009

Got a mortgage you can't afford? Tough cookies! Nobody forced you at gunpoint to sign on the dotted line. And it's no one's fault you didn't have a cash reserve when hard times came and you lost your job. Now you want reponsible people to dig deeper and bail you out? Sorry, that doesn't work for me. Suffer the consequences of your stupidity and walk away the wiser for it instead of whining to the government. (tax payers) It's no one's fault but your own.

Rad Lopster of TX 10:57AM January 25, 2009

What difference does the price of the home make, either they could make the payment when they signed up for the mortgage and .or second and third mortgages or they could not,
If they couldnt, then they problaably lied aobut their income and should go to jail, which is what would happen if I did it, but not all of the poor people,
Maybe they are poor because they are stupod.

jonbonjovy of OK 1:48PM November 04, 2008

The housing problem is a mess and there is enough blame for everyone,The banks,nortgague brokers,appraisers and the buyers. I was making twelve dollars an hour and this broker had me moving into a two hundred thousand dollar home. The rate was o.k. but the payment for the first two years was only three hundred a month,but the catch was I would have to sell it within two years. If not I would pay twelve hundred a month. I said no and went back to my apoartment,now I have a home,a lot less,and I am not needing a bailout.

Keith of AZ 10:21PM September 27, 2008

Thanks "Reality Check" for the stat, only .7% of homes are in foreclosure.
OK, so can someone please explain why these major banks are in so much trouble.

gman of CA 10:13PM September 20, 2008