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        <title>Real Estate Blog</title>
        <link>http://www.gaforeclosure.com/blog/</link>
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            <guid>http://www.gaforeclosure.com/blog/breaking-news.html</guid>
            <link>http://www.gaforeclosure.com/blog/breaking-news.html</link>
            <author>MBang@gaforeclosure.com (Michael Bang)</author>
            <title>BREAKING NEWS</title>
            <description> <![CDATA[ Fannie Mae CEO Mike Williams to step down due to high pay and high bonuses... ]]> </description>
            <pubDate>Tue, 10 Jan 2012 15:51:36 -0600</pubDate>
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        <item>
            <guid>http://www.gaforeclosure.com/blog/underwater-on-your-mortgage-walk-away.html</guid>
            <link>http://www.gaforeclosure.com/blog/underwater-on-your-mortgage-walk-away.html</link>
            <author>MBang@gaforeclosure.com (Michael Bang)</author>
            <title>Underwater On Your Mortgage? Walk Away</title>
            <description> <![CDATA[ 
As a Consumer Advocate, I'm pleased to see this 60 minute article. If corporations are strategically walking away from property daily because it's noting more than a smart business decision and the banking industry just sees it as a business decision, then why is it not OK for you and I to make the same move? 

As I write in my recently published book &quot;Walk Away - How to Strategically Default on an Underwater Mortgage&quot; &nbsp;www.usawalkaway.com its time for individuals to do the same ... ]]> </description>
            <pubDate>Sat, 07 Jan 2012 09:06:22 -0600</pubDate>
                    </item>
        <item>
            <guid>http://www.gaforeclosure.com/blog/mortgage-principle-forgiveness-is-the-answer.html</guid>
            <link>http://www.gaforeclosure.com/blog/mortgage-principle-forgiveness-is-the-answer.html</link>
            <author>MBang@gaforeclosure.com (Michael Bang)</author>
            <title>Mortgage Principle Forgiveness Is The Answer</title>
            <description> <![CDATA[ 

















&nbsp;



Over
the past two years now, I&rsquo;ve watched banks continue to take homes from
consumers through foreclosure and have been amazed that someone in the industry
has not taken a really hard look at how significantly this has paralyzed the
housing recovery.&nbsp; 



&nbsp;



Foreclosing
on a property that is under water and then turning it around and selling it for
pennies on the dollar has done nothing more than create a deeper and deepe... ]]> </description>
            <pubDate>Fri, 30 Dec 2011 15:37:41 -0600</pubDate>
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        <item>
            <guid>http://www.gaforeclosure.com/blog/fhava-should-reinstate-non-qualifying-assumable-mortgages.html</guid>
            <link>http://www.gaforeclosure.com/blog/fhava-should-reinstate-non-qualifying-assumable-mortgages.html</link>
            <author>MBang@gaforeclosure.com (Michael Bang)</author>
            <title>FHA/VA Should Reinstate Non Qualifying Assumable Mortgages</title>
            <description> <![CDATA[ 
Most people do not remember that the country was in a pretty bad recession during the 1980&prime;s. At that time, it was not unheard of to see interest rates for a mortgage be as high as 20%. Back then, I purchased my first home in the late &rsquo;80s. The seller was asking $45,000 for a nice 2 bedroom 1.5 bath home, and he had and FHA mortgage in the amount of $43,000.

At that time, all FHA/VA mortgages had a clause that made every mortgage &ldquo;non qualifying assumable&rdquo;. This meant t... ]]> </description>
            <pubDate>Sun, 27 Nov 2011 13:26:38 -0600</pubDate>
                    </item>
        <item>
            <guid>http://www.gaforeclosure.com/blog/further-housing-declines-are-on-the-horizon.html</guid>
            <link>http://www.gaforeclosure.com/blog/further-housing-declines-are-on-the-horizon.html</link>
            <author>MBang@gaforeclosure.com (Michael Bang)</author>
            <title>Further Housing Declines Are On The Horizon</title>
            <description> <![CDATA[ 
Housing prices continue to see a steep decline according to the 
recent 2nd Quarter Data Report from Fitch Ratings (Fitch Ratings is a 
global rating agency dedicated to providing value beyond the rating 
through independent and prospective credit opinions, research and data)


While prices declined annually in the second quarter, they posted a
 3 percent increase quarterly. Fitch warns this is typical for the 
second quarter because homebuyers often re-enter the market after the 
winter... ]]> </description>
            <pubDate>Sat, 26 Nov 2011 10:07:21 -0600</pubDate>
                    </item>
        <item>
            <guid>http://www.gaforeclosure.com/blog/more-than-one-in-four-underwater-due-to-rising-negative-equity.html</guid>
            <link>http://www.gaforeclosure.com/blog/more-than-one-in-four-underwater-due-to-rising-negative-equity.html</link>
            <author>MBang@gaforeclosure.com (Michael Bang)</author>
            <title>More Than One in Four Underwater Due To Rising Negative Equity</title>
            <description> <![CDATA[ 



Should you be contemplating Walking Away from an underwater mortgage? &nbsp;It might be time to look at the reality the housing economy is not only bad, it's going to get worse.

After declining between the first and second quarters of this year, Zillow.com&nbsp;says negative equity rose again in the third, reclaiming all of the previous quarter&rsquo;s decline and then some.&nbsp;Zillow&rsquo;s latest market analysis indicates 28.6 percent of American homeowners with a mortgage owed more on... ]]> </description>
            <pubDate>Wed, 09 Nov 2011 08:12:21 -0600</pubDate>
                    </item>
        <item>
            <guid>http://www.gaforeclosure.com/blog/under-water-mortgage-help.html</guid>
            <link>http://www.gaforeclosure.com/blog/under-water-mortgage-help.html</link>
            <author>MBang@gaforeclosure.com (Michael Bang)</author>
            <title>Under Water Mortgage Help</title>
            <description> <![CDATA[ 
Michael R. Bang, Foreclosure specialist and consumer advocae has just released a new book that is sure to get the pretender lenders talking. &nbsp;Titled &quot;Walk Away - How to strategically default on your under water mortgage&quot;, this is a must read no matter your status as a homeowner or if you are in the housing industry. &nbsp;Here is a link to purchase; availabe in softbound, Ebook and PDF format.  To review and purchase point your browner to: http://www.fastpencil.com/publications/3... ]]> </description>
            <pubDate>Fri, 21 Oct 2011 17:02:17 -0500</pubDate>
                    </item>
        <item>
            <guid>http://www.gaforeclosure.com/blog/i-hate-to-tell-you-i-told-you-so.html</guid>
            <link>http://www.gaforeclosure.com/blog/i-hate-to-tell-you-i-told-you-so.html</link>
            <author>MBang@gaforeclosure.com (Michael Bang)</author>
            <title>I HATE TO TELL YOU I TOLD YOU SO</title>
            <description> <![CDATA[ 
Just a quick update to say as far back as a yearago, &quot;I told you so&quot; &nbsp;

From the &quot;horses mouth&quot; that there was nohousing recovery on the way, in spite off all the bankers, mortgage brokers andwall street pundits (let's not forget our own government) saying they could seethe bottom, or see the light at the end of the tunnel.

Hold on to your money ladies and gentleman, thisride has just started. &nbsp;Unemployment hovering around 10% nation wide,temporary agencies saying... ]]> </description>
            <pubDate>Fri, 27 Aug 2010 15:35:16 -0500</pubDate>
                    </item>
        <item>
            <guid>http://www.gaforeclosure.com/blog/trans-union-says-delinquency-is-dropping.html</guid>
            <link>http://www.gaforeclosure.com/blog/trans-union-says-delinquency-is-dropping.html</link>
            <author>MBang@gaforeclosure.com (Michael Bang)</author>
            <title>Trans Union Says delinquency is dropping</title>
            <description> <![CDATA[ 
The following article is directly from DSnews.com. &nbsp;I am providing it as information only. &nbsp;

&nbsp;

Although TRANS UNION is reporting a drop in foreclosure REPORTING, I personally think we are about to see &quot;round two&quot; of the another bundle of mortgage failures. &nbsp;

&nbsp;

It is my PERSONAL OPINION, that the banks have stopped foreclosing on properties so that their books will look good to the FEDS until they can deal with the tidal wave that just hit them over the pas... ]]> </description>
            <pubDate>Wed, 18 Aug 2010 08:06:42 -0500</pubDate>
                    </item>
        <item>
            <guid>http://www.gaforeclosure.com/blog/georgia-foreclosures-jump-31-in-may.html</guid>
            <link>http://www.gaforeclosure.com/blog/georgia-foreclosures-jump-31-in-may.html</link>
            <author>MBang@gaforeclosure.com (Michael Bang)</author>
            <title>Georgia Foreclosures Jump 31% in May,</title>
            <description> <![CDATA[ 
Georgia takes it's place as the sixth highest in foreclosure rates for the month of May. &nbsp;This marks a jump of 31% over May 2009 and a 1.3% decline from April 2010.

Foreclosures are defined as default notices, scheduled auctions and bank repossessions.

There were 322,920 foreclosure filings, or one for every 400 households, in the United States in May. This was a 0.45 percent rise over May 2009 and a 3.3 percent drop from April 2010.

&ldquo;The numbers in May continued and confirmed the... ]]> </description>
            <pubDate>Thu, 10 Jun 2010 07:36:04 -0500</pubDate>
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