March 12, 2010
Fed's Krosner says new methods needed to cope with new foreclosure wave
WASHINGTON (Thomson Financial) - The Federal Reserve considers the nation's high and rising foreclosure rate an "urgent problem," Governor Randall Kroszner said today, and non-traditional remedies are needed to help the homeowners with non-traditional mortgages and financial problems who dominate the foreclosure statistics.
Important Foreclosure Investing Questions Answered by a Seasoned Real Estate Investor
Foreclosures are on the rise through out the U.S. and foreclosure investing is hot. Glen Gallucci, an expert real estate investor and educator, wants to address the most important questions investors have about this specialized market. To do this, he is asking interested investors to let him know their specific questions on foreclosure investing at this website: http://www.AskGlenNow.com.
Hannon Announces Passage Of Bill To Address Mortgage Foreclosure Crisis
Senator Kemp Hannon (R-Garden City) announced the Senate and Assembly have passed comprehensive legislation (S8143-A) to address the mortgage foreclosure crisis in New York by immediately assisting homeowners who are facing foreclosure and implementing critical reforms designed to help prevent them from losing their homes in the future.
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