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Misguided Housing Subsidies Promote Unfairness, Bailouts

Octavion — Tue, 22 Jun 2010 15:41:00 GMT

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

Octavion — Mon, 21 Jun 2010 15:27:00 GMT

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

joelc — Fri, 18 Jun 2010 17:03:00 GMT

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

joelc — Thu, 17 Jun 2010 17:14:00 GMT

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

darenb — Thu, 17 Jun 2010 15:12:00 GMT

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

darenb — Thu, 17 Jun 2010 14:55:00 GMT

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

Octavion — Wed, 16 Jun 2010 16:11:00 GMT

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?

joelc — Tue, 15 Jun 2010 16:48:00 GMT

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

joelc — Mon, 14 Jun 2010 14:49:00 GMT

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

Octavion — Fri, 11 Jun 2010 15:17:00 GMT

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)