Foreclosures postponed

Foreclosures at Lowest Rate Since 2007

February 26th, 2012

Foreclosures are at their lowest level since 2007. Though that is definitely a good thing, this may be an unrealistic view of the market because of the robo-signing scandal last year, which stopped foreclosure filings in their tracks. Maryland was not one of the states where the lawsuits took place, but that does not mean [...]

Fannie Mae and Other Banks Postpone Foreclosures Through the Holidays

December 13th, 2011

Fannie Mae is one of a few banks who have decided to put a moratorium on evicting those facing foreclosure from December 19, 2011-January 2, 2012. Executive Vice President, Terry Edwards, was quoted in a CNNMoney article stating that "No family should have to give up their home during this holiday season." Others also putting [...]