According to Consumer Federation of America women are 32% more likely to receive subprime loans than men (loan with higher interest rates). It's logical to conclude that higher rates of subprime mortgages among women translates to higher rates of foreclosure.
Nearly 1 out of 5 families with subprime loans will lose their homes, according to the Center for Responsible Lending. Research by the Consumers Union, attributed some of the disparity to instability in women’s credit status because of divorce or family medical emergency.
According to a recent vlog by Thing Big Work Small’s Brian Stevens and Frank Garay, Corelogic is now predicting that we will see between 1.6 million and 8 million foreclosure filings over the next five years.
At this rate, estimates the children’s advocacy group First Focus, nearly 2 million children and youth will be directly impacted by the foreclosure crisis.
By sending Mother's Day roses to women, who struggle to pay their mortgages, experts at Foreclosure Protection Center of America let them know there's a help and things will get better with it.
There are many ways to keep family in the house, and that's what the foreclosure prevention help is for.
Save your home, avoid foreclosure, or work your way through the foreclosure process with a professional assistance of foreclosure protection expert. Pre-foreclosure and after-foreclosure cases are exactly what Foreclosure Protection Center of America specializes in for last decade.
Even after foreclosure home owners are still able to get their home back with the help of the foreclosure experts. Most consumers are not aware of their legal rights and defenses in the foreclosure proceeding which if NOT enforced could be completely lost. Foreclosure Protection Center of America not only supports home owners and their family's stability - they aim to provide home owners with a path to maintain a healthy life within their home.