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FOX News Morning Show - Halting Foreclosures Interview with Chip Cummings

 Financial expert Chip Cummings explains phantom inventory with the halting of foreclosures by the major lending institutions.



CNN addresses the rising concerns with foreclosures

CNN's Open House addresses rising foreclosures discusses with RealtyTrac's Rick Sharga how homeowners in default can stop or avoid foreclosure.



Strategic Defaults - on MSNBC

With banks refusing to help homeowners with their underwater mortgages, a New York Times story advocates simply walking away.....



Obama's Loan Modification Program Fails Dramatically

Feb. 11 (Bloomberg) -- U.S. foreclosure filings rose 15 percent in January from a year earlier and exceeded 300,000 for the 11th consecutive month as modification programs failed to keep delinquent borrowers in their homes, RealtyTrac Inc. said. Bloomberg's Su Keenan reports. (Source: Bloomberg)



New Tax Rules for Short Sales - Foreclosures

Suzy explains the past tax consequenses of a short sale and how the new "Mortgage Forgiveness Debt Relief Act of 2007 HR 3648" helps sellers.



ABC News - Nightline on Loan Modifications

Maxine Waters tries to speak with mortgage company about a constituents home mortgage.  Even a Congresswoman can't get satisfaction from mortgage refinancers. It is not about getting a live person but working with a firm that understands how to get results like NextGEN Real Estate Corp.





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