Archive of Foreclosure-10580

Foreclosure Drove Brower County Woman to Suicide

One Brower woman made a life or death decision when she lost her home to foreclosure. The mortgage holder and movers came to repossess Heather Newnam’s home this past Monday. They all arrived at the house at 1 p.m., and informed her that she was being evicted.

Newnam said that she would leave the residence after she secured her dogs. When she never came out, SWAT was called to the scene to convince the woman to exit the [...]

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Bad Miami Foreclosures Situation Now Turns Worse with Loan Modification Scams

The Miami area is full of companies that are pushing promises of beating foreclosure by refinancing loans.  It has recently become an initiative in the area to ensure that these companies are in fact legitimate and are not adding to the already brutal situation that the local market finds itself in.

The Obama administration is leading the charge against “foreclosure rescue companies” that are preying on situations where consumers are doing anything possible to have a chance at not foreclosing a [...]

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