Largest home on the market at 90,000 sq. ft…and it's not even owned by a celeb..find out who owns it! http://bit.ly/aDV0GI #

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So Much for the Lone-wolf Terrorist Driven by Foreclosure http://bit.ly/aD97jD #
Organization helping homeless squat in foreclosed homes: http://bit.ly/c7Uk8X #
FL and CA make up 5 of 13 housing markets that 'will never recover according to biz insider: http://bit.ly/aj1Cks #
POLL: U.S. consumers are less interested in buying a foreclosed home than they were a year ago http://bit.ly/bWTzqJ #

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New blog post: Jumping Ship- How homeowners are walking away http://bit.ly/bUWfSb
New blog post: Man Locks Himself in Foreclosed Home, Arrested http://foreclosureresearch.com/2010/05/locked-in-foreclosure
'Strategic defaulter' says it's the 'in-thing' to walk away from your mortgage. http://bit.ly/bAL3mM #
New magazine re-design of our site. Check it out: http://foreclosureresearch.com/ #
TAKE OUR POLL! Is voluntary foreclosure (or walking away) ok? http://bit.ly/bbmz5F #
New blog post: Poll: Are Non-hardship Strategic Defaults OK? http://bit.ly/bCh9cu
9:18 AM May 12th via Twitter Tools
New blog post: Foreclosure Movie

According to a recent 60 Minutes episode an increasing amount of homeowners are ‘walking away’ from their homes and are headed down foreclosure alley- willingly. Apart from the more traditional foreclosure woes spurred by job loss, or illness these homeowners would rather foreclose due to underwater mortgages despite their ability to make payments.
In a separate Reuters article, underwater mortgages have increased from 21.4 percent in Q4 2009 to 23.3 percent in Q1 2010. In areas hard hit by foreclosure underwater homes account for more than 50% of all loans.
Interviewer Morley …

Terror suspect Faisal Shahzad facing foreclosure on CT home. http://www.msnbc.msn.com/id/36934331/ns/us_news-security/ #
WSJ columnist implicates foreclosure as cause for terror suspects plot. http://bit.ly/bDShpX Really? #
They have capped one of the three oil leaks in the gulf. Hooray! #
Ohio man locks himself inside house to stave off foreclosure http://bit.ly/aACwZB #
Ohio man who locked himself in his foreclosed house did not last long before the SWAT team busted him and his cronies out at 3:45am. #
New movie coming out called 'Foreclosure' staring Soprano's Michael Imperioli and surprise.. it's a horror movie. http://bit.ly/c5nVO0 #

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Over the last few years foreclosure and its distressing effects on the human psyche have been blamed for some unfortunate incidents and behaviors by homeowners. From the more recent bulldozing escapade by disgruntled owner Terry Hoskins to more bleak reports of suicide, foreclosures seem to have been pegged at the root of the problem.
The latest foreclosure blame-game report may be a stretch though. A recent opinion column in the Wall Street Journal implicates foreclosure as one of the causes for the recent attempted terror plot in New York City’s Time …

Ok, not really, but the headlines covering 2009 foreclosures may as well have purported such a figure. CNNMoney.com offered an article titled, “Record 3 million households hit with foreclosure in 2009.” The article written by Les Christie and published on January 14, 2010 seemingly reports three million foreclosures last year or at least that’s what the headline reads.
Let’s hope visitors to the site at least read through the first paragraph which states, “Almost 3 million homeowners received at least one foreclosure filing during 2009.”
Even more so, let’s …

On the upside, while foreclosures are up from previous years, many states have seen consecutive months of decreased foreclosure rates. Some experts say recent legislation, specifically the Obama Administration’s Making Home Affordable Program, has played a significant role in the latest figures.
The program offers homeowners with mortgages guaranteed by Fannie Mae and Freddie Mac the option to refinance at more affordable rates or more affordable payment schedules. The program is back by $75 billion in tax payer funds.
However, the billion dollar question may be “is it working?” According …

Despite the fact that most foreclosure listing companies reported a nationwide decrease in foreclosures and default filings, the media offered headlines donned with the usual negative perspective.
RealtyTrac seems to be the only major listing company that offered statistics for August. The foreclosure listing company reported a 1 percent decrease in filings with a 13 percent decrease in repossessions. ForeclosureS.com didn’t offer a report for the month presumably because they found an increase in fillings, as they have historically reported larger number of properties in foreclosure.
Here are some of …

The first half of 2009 foreclosure reports continues to trickle in. Coming as no surprise to readers of Foreclosure Research, the reports have their variances in outcomes- some of these variances greater than others.
The latest report is comprised of figures from ForeclosureS.com who is no stranger to the media spotlight. The report was published in the Orlando Business Journal on July 9, 2009 titled, “Fla. Ranks No. 2 in foreclosures.”
According to the article, ForeclosureS.com reported 256,133 filings between January 2009 and June 2009. As for bank repossessions, ForeclosureS.com …