May 21, 2012

Foreclosure.com now set to announce $5,000 scholarship winner!

fdcScholarshipSuccess

What a success!

The 2009 Foreclosure.com Scholarship Program has closed with a bang thanks to a truly overwhelming response.

Students from across the nation at schools such as Northwestern University, University of Virginia, University of Miami and University of California, among countless others, eagerly submitted their essays on “How to Solve the Foreclosure Crisis” up until the final hour.

When the dust finally settled, the Dec. 31, 2009, submission deadline was met with an overflow of essays tallying more than 1,000!

Now the hard work for our review panel, which comprises a collection of professors in the fields of law, real estate and economics, can finally begin.

The results of the essay contest will be announced on or around Jan. 31, 2010, when five talented winners will be chosen based on creativity, originality, writing ability and overall excellence. Remember that the first place winner will receive a $5,000 scholarship toward the college or university he or she attends (or plans to attend), and the four semi-finalists will each receive $1,000 scholarships.

We’d once again like to issue a big “THANK YOU” to all the students who participated in our inaugural scholarship program. And, of course, we’d like to also commend the hundreds of colleges and universities who actively promoted the scholarship.

Be sure to check back next month as the winners of the essay, “How to Solve the Foreclosure Crisis?” will be announced and their essays posted to the Web site.

Good luck!


Medical Bankruptcy

ResCap Files For Bankruptcy, Eyes Paying Back Taxpayer Bailout Money

Ally Financial Inc’s mortgage unit, named Residential Capital (ResCap for short), filed for bankruptcy on Monday, according to Reuters. Ally … [Read More...]

Collegiate Concern, Investing In Your Future or Life-Long Financial Headache?

At a recent campaign trail stop to the University of Colorado, President Barack Obama stated that college is the best investment you can … [Read More...]