America is at a crossroad with a crisis we have not seen since The Great Depression. "Success is a series of well managed breakdowns". We can look away or get aware of the breakdowns and then have the power to manage them.
“Forecasts for December, January and February indicate sales increasing robustly in Illinois.... READ MORE
Here is the best site to stay current on the distressed property crisis.
HousingWire.com
Posted 10/2009
News From HousingWire.com
U.S. to Detail Multi-Agency Crackdown on Foreclosure Rescue Scams
By PAUL JACKSON April 6, 2009 9:21 AM CST
Prime Mortgage Delinquencies Spike:
By DIANA GOLOBAY
April 3, 2009 10:45 AM CSTDemand for Distressed Property Props Up Sales Volume
By PAUL JACKSON
April 3, 2009 10:06 AM CST
Viewpoint: Discovering Second Liens
By PAUL JACKSON
April 3, 2009 2:11 PM CST
"the Obama administration’s Making Home Affordable program has “hit a stumbling block” and that the Treasury is “scrambling to address the problem” of second liens."
News From The Mortgage Lender Implode Meter
Since late 2006 - 342 major U.S. lending operations have "imploded", Go to The list...
News & Information at the Center for ResponsibleLending.org
State by State Foreclosure Factsheets
Consumer Resources: Where to get help
Continued Decay and Shaky Repairs: The State of Subprime Loans Today