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What is wrong with this country? Now the government has decided to enable Fannie Mae and Freddie Mac to bail out homeowners. Uncle Sam is not responsible for buyers who over extended themselves. The market needs to let this play out and unfortunately people need to get hurt for this correction to work. The proposed […]
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Filed under: Delinquency News
BY ANDREW KITCHENMAN
Sunday, September 02, 2007Mercer County has been swept up in the mortgage meltdown affecting the nation, as foreclosures increase and residents face the re sults of taking out subprime mort gages with higher interest payments.
Foreclosure filings have risen from 728 through Aug. 20, 2006 to 928 for the same period […]
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Filed under: Delinquency News
Sunday, December 3, 2006
By JENNIFER V. HUGHES
SPECIAL TO THE RECORD
Think “foreclosure” and the image that springs to mind is often the ramshackle, boarded-up house on the wrong side of town.
Those homes are […]
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Filed under: Delinquency News, Market Watch
