Unemployment rates are headed towards double digits. Currently it is at 9%. This is causing, once healthy borrowers, being faced with a foreclosure as they are losing their jobs or at least overtime they are use to get is becoming less and less. So it is not just the sub-prime loans [...]

This happen over the weekend and I thought you might want to know this if you have not seen it before.
First of all the Treasury Department indicated it would reward lenders who closed on properties with a short sale. Likewise the Feds issued a few guidelines for short sale so banks now can figure [...]

“Credit card debt is not the most serious problem facing America today. Empty houses are.” Click headline for full report.
Brace yourself for some very hard decision by many Americans as to if they should stay home or should they go. Over 600K foreclosure the last quarter. No new jobs. Unemployment claims up.
The [...]

I hope this works!

www.StopForeclosureInCalifornia.com
The number of people filing new claims for jobless on an ongoing basis benefits in the week ending May 9, was up 32,000 according to the US Labor Department. These claims rose to a record high for the 15th straight week.
34 Seconds video: http://www.youtube.com/watch?v=JUgIPfgcgHs