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Keyword: foreclosuremess

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  • Foreclosure Crisis Discovered Through Modest $75K Maine Home

    10/17/2010 3:25:22 PM PDT · by 2ndDivisionVet · 71 replies
    Connecticut Watchdog ^ | October 16, 2010 | George Gombossy
    The national faulty foreclosure crisis that could extend the real estate turmoil for years, has been traced back to a modest Denmark, Maine home with a $474 monthly mortgage payment. The house was purchased for $75,000 seven years ago by Nicolle Bradbury. But when she lost her job about two years ago she was unable to continue making her payments. But unlike millions of others who just closed their eyes and waited until the lender foreclosed and evicted them, Bradbury contacted a legal assistance center when her foreclosure notification came, the New York Times’s David Streitfeld reported. And at the...