Foreclosure Rate Going Down

Posted on August 8, 2010

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An article in the Huffington Post recently observed that banks merely slowed the rate of foreclosures to keep from flooding the market with homes for sale, thereby driving housing values lower.

Entirely possible, but not relevant to your situation.  Mortgage companies are engaging in fraud, losing paperwork, failing to give notice, and other violations of the law in their foreclosure process.

See Axsmith.net for more details.  Christine Axsmith, Esq. is a Washington, DC – based attorney specializing in foreclosure fraud, illegal foreclosure, real estate fraud.  Her credentials can be viewed at her LinkedIn profile.  The Axsmith Law website has a wealth of information for review related to elder law and foreclosure prevention. 

Other sources of valuable information are the AARP website, the Federal Trade Commission website and the HUD website.  See Axsmith Law web site to speak to an attorney.

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