Misguided Housing Subsidies Promote Unfairness, Bailouts
June 22, 2010 By
Misguided Housing Subsidies Promote Unfairness, Bailouts June 22, 2010, USA TODAY If there are two things that middle-class taxpayers who behave responsibly don't like, they are (1) having their money go to irresponsible people, and (2) having their...(read more)
Lawmakers Battle Over Foreclosure Remedies
June 21, 2010 By
Lawmakers Battle Over Foreclosure Remedies June 20, 2010, Press Enterprise The number of mortgage defaults and home foreclosures is falling in the Inland area and around the state, but the tug of war between the lending industry and people pushing for...(read more)
Ex-Wing Sergei Fedorov facing foreclosures
June 18, 2010 By
Ex-Wing Sergei Fedorov facing foreclosures June 18, 2010 — The Detroit News Sergei Fedorov's hockey career has taken him from Russia to Detroit, California, Ohio and Washington, but he can't seem to skate away from his money problems. House...(read more)
Senate approves creating Treasury office to hear appeals in foreclosure relief
June 17, 2010 By
Senate approves creating Treasury office to hear appeals in foreclosure relief June 16, 2010 — Washington Post The Senate approved an amendment Wednesday to create an advocacy office within the Treasury Department that would investigate complaints...(read more)
Buckeye Arizona ZIP 85396 Foreclosure Charts & Graphs
June 17, 2010 By
These are from the RealtyTrac Trend Cente r, and were created in response to a post on the RealtyTrac Community: " Is it the right time to buy a second home in Verrado community? "...(read more)
Monroe County FL Foreclosure Charts
June 17, 2010 By
Taken from the RealtyTrac Trend Cente r . Created these in response to a question on the RealtyTrac Community: "Are the Florida Keys Turning Around Yet?'...(read more)
High Default Rate Seen for Modified Mortgages
June 16, 2010 By
High Default Rate Seen for Modified Mortgages June 16, 2010, Wall Street Journal Fitch Ratings Ltd. forecasts that most borrowers who get lower mortgage payments under a federal government program will default within 12 months. Among those with loans...(read more)
Is a housing shortage coming?
June 15, 2010 By
Is a housing shortage coming? June 15, 2010 — CNNMoney NEW YORK — As the nation struggles to shrug off the worst housing crash since the Great Depression, it may be hard to believe a housing shortage could be on its way. Extension of Tax Credit...(read more)
Homeowners in mediation programs face court backlog of foreclosure cases
June 14, 2010 By
Homeowners in mediation programs face court backlog of foreclosure cases June 12, 2010 — Washington Post Shortly after Orlando Eslava's bank started to push him through the foreclosure process last year, he got some good news: He was eligible...(read more)
U.S. Home Foreclosures Climb 44% to Record in May
June 11, 2010 By
U.S. Home Foreclosures Climb 44% to Record in May Bloomberg, June 11, 2010 U.S. home foreclosures reached a record for the second consecutive month in May, with increases in every state, as lenders stepped up property seizures, according to RealtyTrac...(read more)
