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    <title>Bfclosure Article Library</title>
    <link>http://www.bfclosure.com</link>
    <description>Acquire insight on various real estate topics like bidding at auctions</description>
    <language>en-us</language>
    <managingEditor>rene@bfclosure.com</managingEditor>
    <webMaster>yogesh@bfclosure.com</webMaster>
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    <item>
      <title>Why Aren't Predatory Loans Illegal</title>
      <description>it's doubtful that anyone who has ever looked at the mortgage industry would disagree with the sentiments offered by HUD Secretary Jackson. Predatory loans are terrible, a scam and certainly a lie.</description>
      <link>http://www.bfclosure.com/article/chinese/whyarent.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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      <title>Want to Be Taken Seriously in the Foreclosures Market? Make a Realistic Offer!</title>
      <description>Despite what you may see on late-night cable TV, investing in foreclosure properties isn't a sure fire \"get rich quick\" formula. Lenders aren't likely to give properties away, particularly in a real estate market where prices continue to rise. And ho.</description>
      <link>http://www.bfclosure.com/article/chinese/wanttoBe.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Understanding the Foreclosures Process</title>
      <description>Foreclosure properties can be a terrific investment, or give home buyers a much more affordable option than traditional properties in this time of escalating prices. But, before you jump in assuming this is "real-estate for dummies" or the next get-r.</description>
      <link>http://www.bfclosure.com/article/chinese/understandingthe.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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      <title>U.S. FORECLOSURE ACTIVITYINCREASES 2 PERCENT IN OCTOBER 2007</title>
      <description>A total of 224,451 foreclosure filings were reported in October, up 2 percent from the previous month and up 94 percent from October 2006.</description>
      <link>http://www.bfclosure.com/article/chinese/usforeclosure.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>The Real Case for FHA Reform</title>
      <description>Should you be in favor of FHA modernization? After all, is not modernization always a step forward, something that's necessary and needed?</description>
      <link>http://www.bfclosure.com/article/chinese/thereal.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>The New Foreclosure Prevention Plan</title>
      <description>It sounds like a good idea. If the reason so many people are losing their homes is because interest rates are too high, then let's keep those rates low and prevent foreclosures.</description>
      <link>http://www.bfclosure.com/article/chinese/thenew.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>The Mortgage Mess: It's The Borrower's Fault</title>
      <description>With so much mortgage mayhem in the news it follows that we must blame someone for today's growing real estate reverses, so why not fault he borrower?.</description>
      <link>http://www.bfclosure.com/article/chinese/themortgage.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>The Art of the Foreclosure Deal</title>
      <description>It may not be internationally recognized in the same stream of consciousness as a masterpiece by Goya, Monet or Picasso, but a well-constructed foreclosure investment deal can be a thing of beauty.</description>
      <link>http://www.bfclosure.com/article/chinese/theart.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Investment Banks Shoulder Bigger Share of REO Burden</title>
      <description>The bullish stock market began showing some cracks in the foundation in late July as fresh evidence revealed that real estate woes on Main Street are inflicting a bigger-than-expected toll their lenders.</description>
      <link>http://www.bfclosure.com/article/chinese/shoulder.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Shopping for Foreclosures Secure finacing early</title>
      <description>With interest rates ticking up and ARMs adjusting upward, experts predict an increase in the number of foreclosure properties on the market. Foreclosure properties are some of the best opportunities in real estate today with average savings of 10 to.</description>
      <link>http://www.bfclosure.com/article/chinese/shopping.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Secrets to Finding Foreclosure Deals</title>
      <description>After purchasing more than 25 foreclosure properties in the Little Rock, Ark., area, Louis Butler can spot a deal from more than a thousand miles away - literally.</description>
      <link>http://www.bfclosure.com/article/chinese/secretsto.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Outlawing Interest-Only Refinancing</title>
      <description>Mortgage rates are down, really down. According to Freddie Mac, a 30-year fixed-rate mortgage can now be had for less than 6 percent interest.</description>
      <link>http://www.bfclosure.com/article/chinese/outlawing.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>OHIO FORECLOSURE ACTIVITY UP 6 PERCENT IN JANUARY</title>
      <description>Ohio reported 12,785 foreclosure filings in January, the fourth highest foreclosure total in the nation. The total represents a 6 percent increase from the previous month.</description>
      <link>http://www.bfclosure.com/article/chinese/ohio.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    </item>
    <item>
      <title>NORTH CAROLINA FORECLOSURE ACTIVITY UP 4 PERCENT IN JANUARY</title>
      <description>North Carolina reported 3,373 foreclosure filings in January, a 4 percent increase from the previous month, and a 14 percent increase from January 2007.</description>
      <link>http://www.bfclosure.com/article/chinese/north.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    </item>
    <item>
      <title>New Feature Online Bidding, Online Offers</title>
      <description>RealtyTrac users now have the ability to make offers directly to the lender or agent, bid in online auctions or contact agents who handle government foreclosures.</description>
      <link>http://www.bfclosure.com/article/chinese/newfeature.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>New Bankruptcy Laws Spur Foreclosure</title>
      <description>Almost 30 years have passed since the Bankruptcy Reform Act of 1978, a time when mortgages typically had a fixed-rate and unchanging monthly costs.</description>
      <link>http://www.bfclosure.com/article/chinese/newbankruptcy.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    </item>
    <item>
      <title>MINNESOTA FORECLOSURE ACTIVITY UP 26 PERCENT IN JANUARY</title>
      <description>Minnesota reported 1,550 foreclosure filings in January, a 26 percent increase from the previous month, and a 78 percent increase from January 2007.</description>
      <link>http://www.bfclosure.com/article/chinese/minnesota.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    </item>
    <item>
      <title>KANSAS FORECLOSURE ACTIVITY DECREASES 6 PERCENT IN JANUARY</title>
      <description>Kansas reported 345 foreclosure filings in January, a 6 percent decrease from the previous month, and a 21 percent decrease from January 2007.</description>
      <link>http://www.bfclosure.com/article/chinese/kansasforeclosure.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    </item>
    <item>
      <title>Loss of property mortgage foreclosure and multiplier effect</title>
      <link>http://www.bfclosure.com/article/chinese/lossofproperty.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Not just "I" investment</title>
      <link>http://www.bfclosure.com/article/chinese/notjusti.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Judge's Ruling May Slow Foreclosures Nationwide</title>
      <description>With mortgage practices under fire on Capitol Hill and across the country, a federal court in Cleveland has now turned up the heat on lenders with a remarkable decision:</description>
      <link>http://www.bfclosure.com/article/chinese/judgesruling.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    </item>
    <item>
      <title>Investor Training Sorting It All Out</title>
      <link>http://www.bfclosure.com/article/chinese/investor.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    </item>
    <item>
      <title>INDIANA FORECLOSURE ACTIVITY UP 50 PERCENT IN JANUARY</title>
      <description>Indiana reported 5,552 foreclosure filings in January, a 50 percent increase from the previous month and up 48 percent from January 2007.</description>
      <link>http://www.bfclosure.com/article/chinese/indianaforeclosure.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    </item>
    <item>
      <title>How To End Lethal Prepayment Penaltie</title>
      <description>The Internet has been humming with a new mortgage debate in Washington: With apologies to Shakespeare, to have prepayment penalties or to ban them, that is the question of the day.</description>
      <link>http://www.bfclosure.com/article/chinese/howtoend.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>How Foreclosures Will Change The Presidential Election</title>
      <description>We have red states, we have blue states and increasingly we have purple states, beat-up states with substantial and growing numbers of foreclosures that may well decide the next presidential election.</description>
      <link>http://www.bfclosure.com/article/chinese/howforeclosures.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>How Big Is The Mortgage Meltdown</title>
      <description>For the first time estimates are beginning to suggest the true size of the mortgage meltdown. The newest numbers are so large they dwarf the latest federal deficit, a total of $163 billion.</description>
      <link>http://www.bfclosure.com/article/chinese/howbigis.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Foreclosure Activity Down 8 Percent in September</title>
      <description>A total of 223,538 foreclosure filings - default notices, auction sale notices and bank repossessions - were reported during September, down 8 percent from the previous month.</description>
      <link>http://www.bfclosure.com/article/chinese/foreclosureactivity.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Foreclosure Activity Down 10 Percent in November</title>
      <description>A total of 201,950 foreclosure filings were reported during November, down 10 percent from the previous month but still up nearly 68 percent from November 2006.</description>
      <link>http://www.bfclosure.com/article/chinese/foreclosureactivitydown.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Flip Hold or Fold</title>
      <description>Ryan Hartman works for a company that has been investing in foreclosures in Southern California since 1975 but recently decided to exit the residential market.</description>
      <link>http://www.bfclosure.com/article/chinese/flipholdorfold.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Fires Versus Foreclosures Should There Be A Difference</title>
      <description>The fires that impacted much of California in late October were terrible to watch. Nearly 900,000 people were asked to leave their homes, evidence of a Katrina-like disaster.</description>
      <link>http://www.bfclosure.com/article/chinese/firesversus.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Finding Financing for Foreclosure Deals</title>
      <description>If anyone has the inside track on financing for real estate deals, it would be Ram Perilall.</description>
      <link>http://www.bfclosure.com/article/chinese/findingfinancing.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Distressed Homeowners Rules of Engagement</title>
      <description>As foreclosures proliferate and home prices stagnate in many real estate markets across the country, more investors and buyers are considering foreclosures as an opportunity to find bargains.</description>
      <link>http://www.bfclosure.com/article/chinese/distressedhomeowners.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Can The FHA Rescue Plan Work</title>
      <description>With the country facing a massive foreclosure crisis the Bush Administration has tweaked Federal Housing Administration rules in a way that ought to be applauded.</description>
      <link>http://www.bfclosure.com/article/chinese/canthe.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Can the Fed Cut Foreclosures in 2008</title>
      <description>With the tough times of 2007 over and done, the big question in real estate is whether 2008 will be any better.</description>
      <link>http://www.bfclosure.com/article/chinese/canthefed.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Should Fannie Mae and Freddie Mac Bail Out Private Lenders</title>
      <description>It was just a few months ago that worries about the mortgage marketplace were dismissed by the Federal Reserve, a view which changed markedly in late August.</description>
      <link>http://www.bfclosure.com/article/chinese/bailout.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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    <item>
      <title>Are Mortgage Application Numbers On Target</title>
      <description>You reasonably might think that with home sales down, new construction slowing and interest rates up, it would make sense if there was a decline in mortgage applications. But you would be wrong.</description>
      <link>http://www.bfclosure.com/article/chinese/aremortgage.php</link>
      <pubDate>Fri, 14 Mar 2008 00:00:01 GMT</pubDate>
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