0
Government Moves Will Not Prevent Widespread Repossessions Says Burgesses

Sara-Ann Burgess, MD Burgesses Braintree, Essex (PRWEB) November 27, 2008 Government moves to prevent widespread home repossessions are doomed to failure, says one influential commentator. New moves aimed at preventing lenders taking possession of properties until after a three-month waiting period were announced on Monday. Other measures such as [...]

Continue...
0
American Recovery Service and Digital Recognition Network Deliver LPR Technology For Automotive Repossessions Through Advanced Servicing Model

El Dorado Hills, California (PRWEB) January 15, 2010 American Recovery Service/Skip Busters (“ARS/SB”) and Digital Recognition Network, Inc. (“DRN”) have developed the strongest partnership of License Plate Recognition (“LPR”) technology and a national automotive repossession servicing model in North America. Combining DRN’s best-of-breed LPR camera solution (“LPR2.0”) and agent Affiliate network along [...]

Continue...
0
Council of Mortgage Lenders (CML) Predict 53,000 Repossessions for 2010, Ask Financially Launches New Remortgage Guide Helping Homeowners Prepare

Nobody can predict what is going to happen in the future, but it is possible to ensure that the choices that are made today are informed decisions which benefit the current situation. Ask Financially was launched in 2004, by Ask Developments, offering the public free, independent information to assist with a range of financial and [...]

Continue...
0
Repossessions are Higher for Sub-prime Borrowers According to New BBC Survey

The BBC today announced that they have found in a recent survey that nearly half of all repossessions come from the sub-prime mortgage market. Many people who have debt issues have mortgages with sub-prime lenders. The sub-prime mortgage market makes up around 6% of total mortgage lending, according to the BBC Web site. Sub-prime mortgage [...]

Continue...
0
The Co-operative Bank Leads the Way in Responsible Lending and Sees 50% Fall in Repossessions

Against a backdrop of the mortgage industry prediction of 75,000 repossessions this year, new figures from The Co-operative Bank Mortgages show that despite the current economic climate, the number of repossessions at The Co-operative Bank has actually halved over the past 12 months.

Continue...