Sentences with phrase «numbers of homeowners lost»

After large numbers of homeowners lost their homes to foreclosure, the federal government launched efforts to make fixed - rate mortgages available, says Susan Wachter, the Sussman professor of real estate and finance at the Wharton School at the University of Pennsylvania.

Not exact matches

By Sara Gilbert The number of foreclosure filings are on the increase in many areas in the country. Some mortgage lenders may have held off on the filing of a foreclosure, and just now they seem to be taking action to begin the foreclosure process with more homeowners.   The good news is many of those filings actually will never become a full blown foreclosure with the homeowner losing the home... Read More

A staggering number of homeowners face foreclosure each year, and many sadly wind up losing their homes.

NPR ran a heartbreaking story on Friday about the state of crisis in which Legal Services finds itself because «the number of poor people who need legal advice has gone through the roof — more senior citizens and more homeowners who lost their jobs» while at the same time there are severe funding cutbacks.

«This recent rise in HELOC originations indicates that an increasing number of homeowners are gaining confidence in the strength of the housing recovery and, more importantly, have regained much of their home equity lost during the housing crisis,» said Daren Blomquist.