Ed McMahon and Evander Holyfield are only the latest celebrities to face foreclosure.

Celebrities have mansions and estates but the banks show no mercy when it comes to enforcing non-payment. At least the average person doesn't have to face the glare of the entire world. Or see their hardship splashed all over the cover

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It seems that the mortgatge crisis is hitting not just the middle class and new home owners these days but the rich and famous as well. A notice of default was filed on Ed McMahons hollywood mansion. About 18 months ago Ed Mcmahon broke his neak leaving him unable to work. In the current credit crunch refinancing the 5.75 milli

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No tax dollars should be used to bail out the lending institutions that took a financial gamble and lost. The foreclosure crisis is a problem brought on by the lending institutions themselves. The government should not bail them out. Lenders have the ability to renegotiate the terms of their loans and that is what they shoul

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John McCain is living in a fantasy world where the fundamentals of our economy are not just strong but VERY strong. John McCain is officially McNuts.

I'm not sure how he can look at how badly the economy is tanking and not realize it but that does show how out of touch he really is and why Republicans should reject him as

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The perception is that everyone who lives in Beverly Hills is mega rich and has no worries, well that simply isn't the case. Foreclosures happen everywhere. The United States is seeing a record number of foreclosures and housing prices in general are dropping which kills equity.

The high profile foreclosure filings of Ed

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The Minnesota foreclosure process is very confusing. With that, real estate investors are sometimes unsure when they will see the best deal: at the short sale or at the foreclosure. Scott Ficek details out the foreclosure process in Minnesota including the redemption period and when a short sale can take place. He gives us

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Laughter is good medicine. Doctors and scientists across Planet Earth have proven laughing your humanoid ass off is healthy. It even helps you flatten your abs, which will make you more attractive to other Earthlings, enabling you to get more of the best free entertainment - SEX. More sex is exercise, which keeps you keep in be

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This article on Liar Loan Mortgages by Access Loss is very informative. It describes how banks were willing to make loans to customers who did not have to have their income verified. They are technically called stated income loans, which means that the income that is stated by the person receiving the loan is taken at face valu

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Countrywide recently declared their third quarter results for 2007. And to say the least they did not look pretty. In addition to increases in deliquencies and foreclosures Countrywide declared a large loss, 1.2 billion dollars. This is pretty high when you consider the entire company is only worth 2.97 billion. If Countrywide keeps this up

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Finally, after presidential candidate Hillary Clinton speaks of addressing the foreclosure dilemma throughout the United States, with California being one of the hardest hit states, it looks like the current administration might be ready to address this issue.

This was announced today through the Associated Press. The proposal, addressing

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This article explains how short sales and home foreclosure go hand in hand. It explains how a short sale works and why it is better than foreclosure. Short sales are a type of loss mitigation techniques that allow a homeowner to sell their house to an outside party rather than default on a loan. This article also highlights the

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The housing crisis worsened in the month of May as more than 73 thousand families lost their homes to foreclosure. That's 158 percent higher than it was a year ago when only 28 thousand households were repossessed by the bank. The report comes after months of discouraging housing market conditions with home prices and existing

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Stop Foreclosure Now. Information to stop home foreclosure.Learn Today About The Many Different Programs Available To Help Save Your Home From Foreclosure.Stop Foreclosure Fast.To educate homeowners on the foreclosure process and the options available to them to stop foreclosure.Stop Foreclosure Now. Information to stop home fo

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