Holiday foreclosure moratorium is a worthless!

While Bank of America, JPMorgan Chase & Citi are suspending foreclosures for the holidays, just like Fannie Mae and Freddie Mac, this is a nothing more than a sick joke on those in Texas.
Why? Quite simply it doesn’t help you one bit.
I will make a fearless promise…ready…no one in the State of Texas will be foreclosed upon from [...]

Second wave of foreclosures looming

As reported by Stephanie Armour in USA Today, the next wave is poised to roll in, potentially undermining housing recovery efforts as more homes add to the glut of inventory and drive down prices.
These homes largely represent loans that are delinquent but have not yet resulted in foreclosure sales.
About 7 million properties are destined [...]