A surprising report on foreclosures in Kentucky’s Franklin County says that the number of properties auctioned off in foreclosure will set a record in January, surpassing the total number of foreclosures the county saw in all of 2006.
Doing in one month what took one year
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U.S. homeowners are using HELOCs to access trillions in home equity amid rising interest rates. Mortgage originators should explore this area with innovative financing solutions like bank statement HELOCs.