Mortgage Foreclosure & Refinance Resource

Chart of foreclosure fillings of Prime vs Sub-prime mortgages.

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The nation’s housing and mortgage-lending slump keeps growing with industry write-downs topping $46 billion.
Today, Wachovia Corp doubled its estimate of loan loss provisions to about $1 billion for the fourth quarter while the chief executive of rival Bank of America Corp. said he expects current credit market turbulence to extend into 2008. In November, Bank [...]

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If you don’t make your regularly scheduled mortgage payments over a period of time, the mortgage company can foreclose on your house. This means you will lose title to your property and may be evicted from your home. It can happen to even the best intentioned borrower; unforeseen circumstances such as urgent medical bills, unemployment [...]

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