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• Despite foreclosures values of real estate still holding strong in Hawaii

  The number of houses foreclosed by lenders in Hawaii soared by 139 percent in the first eight months of this year compared to the same time last year. This increment in foreclosure is the eight largest increase percentage wise across the nation, reported Foreclosure.com However, Hawaii stood at the bottom in the foreclosure rankings across the country, as per the data ... (read more)

• Foreclosure Crisis: Ten out of every thousand households financially shaky nationwide

  According to the recently released data of Foreclosure.Com - a foreclosure information service provider from Fair Oaks - foreclosure counts in eleven states reached three-digit figures in August, contrary to last year's data. In August, lenders took away 355,623 homes from homeowners as a direct result of foreclosure, according to the analysis of REO filings done by the company. REO, also know ... (read more)

• Senators Make The Foreclosure Crisis And Sub-prime Lending Mainstream Political Issues

  With the deepening of the mortgage crisis, which ultimately forced middle class families to opt for foreclosures, the stock market also got pretty shaken up. This issue was immediately sized upon by the Democratic presidential contenders. It became a perfect issue for them to accuse the republicans of letting unregulated companies of oppressing hardworking families. Senator Hillary Clinton of New York ... (read more)

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