Even though there is more and more foreclosed home for sale in New Jersey, there are not enough buyers or investors. This will definitely hurt the real estate market to say the least but also the economy of the state. Some of the experts from the industry has warned that New Jersey is heading towards [...]
A plan approved by the Senate Committee yesterday would rescue up to 500,000 borrowers likely to face foreclosures. The idea is to use the profits from the government mortgage giants Fannie Mae and Freddie Mac, instead of rising taxes to the population.
There is hectic foreclosure activity being reported from all corners of Virginia States. With Virginia foreclosures filling the inventory books, the state is reeling under the pressure of an upward foreclosure trend.
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