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We just want to quickly remind our readers that our monthly real estate newsletter, “Investment Exchange” was just emailed out to those who have already signed up to receive it.

The March edition covers preforeclosure investing — it was the final installment of a three-part series that went back to January 2008.

To check it out and all of the others click here. “Investment Exchange” is a FREE resource that Foreclosure.com provides its site visitors.

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Federal Reserve Chairman, Ben Bernanke, today revealed during a televised speech that the foreclosures and mortgage defaults will continue to climb “for a while longer,” according to a Yahoo!News.com article.

Bernanke called on lenders and servicers to do more to help distressed homeowners avoid foreclosure, suggesting that the financial institutions consider reducing individual loan amounts.

Here’s a snip:

“Although lenders and servicers have scaled up their efforts and adopted a wider variety of loss-mitigation techniques, more can, and should be, done…. Principal reductions that restore some equity for the homeowner may be a relatively more effective means of avoiding delinquency and foreclosure.”

It’s a plan that Beranke himself admits might not go over too well with lenders. In fact, he reveals that the lenders feel a move like this, in the long-run, could become something of a slippery slope with them writing down mortgages over and over if homes prices continue to slide.

Unfortunately, when housing prices fall it opens up the possibility that some homeowners will become “upside down” or “under water” with their homes, meaning they owe their lenders more money than the homes are actually worth.

That’s bad news according to Beranke, who feels that with no home equity to tap it will give distressed homeowners less financial incentive to try to remain in the home.

Already, the Bush administration has attempted to stunt the number of foreclosures with rate freezes on adjustable loans. However, that alone appears not to be enough.

Only time will tell, unfortunately, how this entire situation plays out. But if Beranke is correct, and more foreclosures are headed for the open market, then it’s best to keep your eyes peeled.

That’s because it more than likely means that lenders will be more eager than ever to unload their foreclosure inventory, which means better deals for you overall.

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 LEADS FOR REAL ESTATE AGENTSOne of the best Foreclosure.com features is the contact information that we provide on our more than 1.2 million nationwide preforeclosure, foreclosure, bankruptcy, tax lien and FSBO listings.

That’s because a listing is essentially useless if it is difficult to find out more information about it.

It’s our goal to make the house hunting experience as simple and seamless as possible. And we achieve that by connecting buyers and sellers (or selling agents) directly.

Each month, more than five million motivated buyers search our Web site for the best deals in real estate. To ensure that each and everyone of these customers is satisfied we have created a dynamic real estate agent/broker network that markets local services in precise zip codes.

Let’s make one thing clear: We don’t sell the email addresses or other personal information of Foreclosure.com visitors — we value privacy. This is an opt-in marketing program designed for real estate agents and brokers to be the point of contact on select Foreclosure.com listings that are located in the areas in which they select.

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Joe Lents of Boca Raton, Fla., apparently requested proof from Washington Mutual Inc. — the lending institution that claimed to own the promissory note to his home — that it was indeed the rightful mortgage owner when foreclosure proceedings were initiated.

Washington Mutual Inc. couldn’t come up with the proper paperwork, and Joe has been living in his $1.5 million home since 2002 without making a single mortgage payment, according to Tampa Bay Online.

Here’s a snip from Joe:

“If you’re going to take my house away from me, you better own the note.”

Apparently, short cuts when large “bundles” of mortgages were bought and sold from 2003 to 2006 resulted in more than a few clerical errors — the assignment of ownership wasn’t always properly completed.

And when the original lender no longer exists — more than 100 mortgage companies ceased operations in 2007 alone — unlucky homeowners can all of a sudden find themselves in very lucky situations.

Just ask Joe.

For those not fortunate enough to share these same circumstances (and the probability is low) feel free to take advantage of a free consultation about how to beat foreclosure right here.

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Join us for a LIVE online presentation on Tuesday, March 11 at 4 p.m. ET to learn how to discover unbelievable real estate deals, flip them for huge profits and get rich fast

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