Octomom Avoids Foreclosure & Other Home Foreclosure News of Note Today

Octuplets mother Nayda Suleman has reached an agreement with her mortgage holder that will allow her and her 14 children to stay in their Southern California home for at least six months. [Source: AP, Read the entire article, Octuplets mom avoids foreclosure on home]

Related Post: Stopping Foreclosure: “Extreme Home Makeover” Family Held Raffle to Avoid Foreclosure?

Update: 4/20. Octomom Nadya Suleman appeared on Oprah a few days after this post was published. Oprah asked her about her home being in foreclosure. Here’s what she said: Octomom speaks on home foreclosure on Oprah.

Other Foreclosure News of the Day

Foreclosure rates surge, biggest jump in 5 years: A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a faster pace [Source: AP]

Foreclosure News of the Day from Twitter

Via @inetmanual: Foreclosure Filings Rise 16% as Bank Seizures Set Record http://twurl.nl/5y360h

Via @ODonnellGroup: RT @LATrealestate: Foreclosure activity up sharply despite loan modification program: The number of U.S. households caught in the for… http://lat.ms/awJVzf

Foreclosure aid helping more homeowners Via @MGCosentino: #Foreclosure aid helping more #homeowners: http://www.msnbc.msn.com/id/36501481/ns/business-mortgage_mess/

Behind the Foreclosure Numbers: “Strategic Defaults” Via @Ramonao7s9: http://cli.gs/hZXHM

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Copyright © 2010 Yuwanda Black for Foreclosure Business News. Article may not be reprinted or reproduced in any manner without the express, written consent of the author.