North Carolina family lawyers report: Divorce doesn’t have to mean default on a home mortgage loan or equity line.

July 18, 2010


/// 07/14/2010
When finances become tangled up in divorce, defaulting on a home loan is almost never the right answer and can turn a major asset into a liability. The Raleigh, North Carolina divorce attorneys of Gailor Wallis and Hunt discuss available options to keep a house out of foreclosure during a divorce.
 
According to Realty Trac, […]

Lawyer misconduct complaints increase

February 16, 2010


Complaints of lawyer misconduct have increased amid the mortgage crisis.
U.S. (WiredPRNews.com) – Complaints of lawyer misconduct have reportedly risen significantly amid the mortgage crisis. As reportedly by the Associated Press (AP), many homeowners allege they have been victimized by predatory loan modification attorneys, who have taken advantage of their poor financial situation as they face […]

Hyperinflation Making Preserving Wealth Uphill Battle

January 14, 2010


Denver, Colorado (WiredPRNews.com) - Financial Experts Predicting Rapid Dollar Devaluation in a Coming Burst of the “Dollar Bubble”
Many news commentators are echoing the same resounding assurance: the recession is over. But not everyone sees it this way. Who’s right? Just look at the facts.
While Wall Street, thanks to the help of the Federal Reserve, rallied […]

Self Directed IRA Holders Find A Silver Lining To The Foreclosure Crisis

November 12, 2009


As the foreclosure rate continues to climb, property investments are becoming an increasingly attractive option to investors. For many, self directed ira are proving to be the perfect investment vehicle to turn these economic lemons into lemonade.
Austin, Texas (WiredPRNews.com) With foreclosures at all time highs and the stock market still not quite on solid ground, […]

Divorce Rates High in Florida and Indiana Counties

September 25, 2009


Statistics show counties in these areas to have the highest divorce rates in the country.
Press Release Service – Wired PR News – Counties in Florida and Indiana top the list for areas with the highest number of divorces. As reported by the Associated Press (AP), a statistics report released this week showed the two states […]

Luxury Home Owners Atop Financial Time Bomb as “Option Pay” Adjustable Rate Mortgages Reset

June 4, 2009


Millions Stretched Themselves Financially, Face Painful Adjustment, Default, Foreclosure - as Payments on Adjustable Rate Mortgages Reset.
Newport Beach, Calif. (WiredPRNews.com) — Adjustable rate mortgages (Pay Option ARM’s) were widely used in the hot housing market of recent years. Many households that took advantage of “Option Pay” loans or “teaser rate” loans – types of adjustable […]

Record Number of Homeowners in Foreclosure or Late on Payments

May 29, 2009


Twelve percent of homeowners in the U.S. are delinquent in mortgage payments or foreclosed.
Wired PR News – A record number of homeowners in the United States are reportedly dealing with major financial issues in regards to keeping their homes. As reported by Reuters, 12 percent of U.S. homeowners ended the first quarter in foreclosure […]

Obama Reveals $75 Billion Housing Plan

February 19, 2009


The President unveiled a plan to provide relief to Americans at risk of losing their homes to foreclosure.
Wired PR News.com — President Barack Obama revealed a plan on Wednesday intended to provide mortgage relief to millions of Americans. As reported by the Associated Press (AP), Obama spoke in Arizona Wednesday of his $75 billion plan […]

Home Foreclosures Stopped - JPMorgan and Citigroup in the News

February 14, 2009


JPMorgan and Citigroup make plans to stop foreclosures.
Wired PR News.com – JPMorgan Chase & Co. and Citigroup Inc. have announced plans to stop foreclosures on homes as the current administration works to provide relief for homeowners. As reported by the Associated Press (AP), Chief Executive of JPMorgan, Jamie Dimon, said in a statement released Friday […]

HomeRun Homes Absorbs the Assets of Equifree - Rent to Own Homes, Lease Option, Buy

February 13, 2009


Ronkonkoma, New York, (WiredPRNews.Com) — February 13, 2009 - The Powerhouse Rent to Own Website of HomeRun Homes has Absorbed the Assets and Liabilities of Foreclosure Specialist, Equifree, Inc.
Effective today. HomeRun Homes has completely absorbed the Assets, Liabilities, Advertising Space, and Material of Equifree, Inc., which gives HomeRun Homes a significant advantage. With this […]

 
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