Archive for January 2010

Reverse Mortgages Can Help in Case of Foreclosures

In the year ended 2008, foreclosures were reported on 2.3 million American properties. This is an increase of 80% from the year 2007, and it also represents an increase of 225% from the year 2006. These findings were made by the RealtyTrac U.S. Foreclosure Market Report made out on January 15, 2009. The soaring numbers [...]