'Underwater' Need Not Mean Foreclosure - Wall Street Journal

'Underwater' Need Not Mean Foreclosure Wall Street Journal - 3 hours ago This worries economists and policy makers, since owing more than your home is worth is the first step toward foreclosure. And it's a concern to the rest of … Helping the Right 'Homeowners' National Ledger all 6 news articles more…

Foreclosure prompts arson, divorce, sentence Fort Wayne Journal Gazette, IN - 12 hours ago By Rebecca S. Green Setting his house on fire in an attempt to prevent foreclosure led Tuesday to an eight-year prison sentence for a 36-year-old Fort Wayne … more…

As the American people are now welcoming Barack Obama as their new president, the foreclosure market is at a high because of the current economic recession and the loss of jobs, translating into rising rates of foreclosures due to homeowners unable to make their monthly payments on their mortgage loans. Business owners, during this economic recession, if they managed their money smartly and wisely and if they have capitalized on the presidential election, may have placed them in a posit more…