This is a discussion on Washington Forclosure – I’m freaking out within the Foreclosure Process forums, part of the Foreclosure Forum category; So my wife and I chose to “walk away” from our upside down condo in washington. … Central PA , USA Waiting NACA Approval With Citi ON FHA MORTGAGE 05/18/2009
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Washington Forclosure – I'm freaking out – Loan Modification Forum …
They would not let their house go into foreclosure for no reason. There's something definitely going on with them. I'm sure we will find out at some point. Could this whole situation have any more twists and turns? ..... There is probably much more looming on her horizon than we know about that would make her want to play games with her only major asset, whether it be to deny George or seek a loan modification or have the ?Foundation? purchase the property at auction, ...
According to the Wall Street Journal, Burns Consulting's study forecast that despite loan modification efforts, the nation has a ?shadow inventory? of 5 million units that will be added to the housing market as their delinquent owners lose their ...... The foreclosure wave is likely to swamp many smaller community banks across the country, and many well-known properties, including Washington's Mayflower Hotel and the Boulevard at the Capital Centre in Largo, are at risk, ...
"To say that it is stressing out 5 million plus people is the understatement of the recession. I wonder if they have been losing any sleep in Washington, because I will tell you in Michigan we sure are." .... Some 830000 people have qualified for a trial modification the program. Some 4.5 million homes are expected to fall to foreclosure this year, following 2.8 million in 2009. In contrast, existing homes sales for the two-year period will average about 5.5 million. ...