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Foreclosure
ABC News Video: Money & Business:
14 percent of homeowners are either behind on payments or in foreclosure.
Foreclosure - Business - Real estate - Investing - Consulting. (Read More)
The Washington Independent:
A foreclosed home in Winchester, Va. (Jay Mallin/ZUMA Press)Mortgage giant Fannie Mae’s recent announcement that it will give homeowners facing foreclosure the chance to stay in their properties as renters for as long as a ye (Read More)
News Network:
Current Business News
SeekingAlpha.com: Home Page:
J Clinton Hill submits:ETF Market Direction Summary: 11-19-2009 It looks like we are back to the fundamentals as concerns of economic recovery were exacerbated by a negative housing foreclosure update that confirmed the real (Read More)
Calculated Risk:
David Streitfeld at the NY Times adds some color: Easy Loans in Expensive Areas In January, Mike Rowland was so broke that he had to raid his retirement savings to move [to San Francisco] from Boston.A week ago, he and a coup (Read More)
News Network:
Real Estate Not Mainstream
Google News - Business:
New York Daily NewsForeclosures will keep rising through 2010, report saysLos Angeles TimesMortgage Bankers Assn. says delinquencies and home repossessions have jumped to a new high. Blaming job losses for most of the pain, i (Read More)
News Network:
Current Business News
Topic:
Business
L.A. Times - Business:
The 2.4% month-to-month gain was still down 7.6% from a year earlier. California home prices edged higher last month as first-time buyers (Read More)
Calculated Risk:
Here is a scatter graph comparing the seriously delinquency rate for mortgage loans vs. unemployment rate for all states. The seriously delinquent rate include 90+ days delinquent loans, and loans in the foreclosure process f (Read More)
News Network:
Real Estate Not Mainstream
Topic:
Mortgage
Yahoo! News: Economy News:
AP - The foreclosure crisis likely will persist well into next year as high unemployment pushes more people out of homes, pulls down housing prices and raises concerns about the broader economic recovery. (Read More)
News Network:
Current Business News
Topic:
Business
Calculated Risk:
Click on graph for larger image in new window.First, on the market ...This graph is from Doug Short of dshort.com (financial planner): "Four Bad Bears". Note that the Great Depression crash is based on the DOW; the three oth (Read More)
News Network:
Real Estate Not Mainstream
Topic:
Mortgage
Financial Times:
More than one in seven borrowers were behind on their mortgage payments or facing foreclosure at the end of the third quarter as rising unemployment continued to fan the flames of the housing crisis. (Read More)
Topics:
Crisis,
Unemployment
Calculated Risk:
On the MBA conference call concerning the "Q3 2009 National Delinquency Survey", MBA Chief Economist Jay Brinkmann said this morning: The problem is moving to prime loans, including fixed rate prime loans, and also FHA loans. (Read More)
News Network:
Real Estate Not Mainstream
Topic:
Home Prices
Calculated Risk:
The MBA reports a record 14.4 percent of mortgage loans were either one payment delinquent or in the foreclosure process in Q3 2009. This is an increase from 13.2% in Q2 2009. From the MBA: Delinquencies Continue to Climb i (Read More)
News Networks:
Economics And Finance,
Real Estate Not Mainstream
washingtonpost.com - Business:
The share of homeowners delinquent on their mortgage or in foreclosure hit a new record during the third quarter, according to industry data released Thursday, which also indicates that the problem is likely to get worse thro (Read More)
washingtonpost.com - Personal Finance:
WASHINGTON -- A rising proportion of fixed-rate home loans made to people with good credit are sinking into foreclosure, adding to concerns about the strength of the economic recovery.
. (Read More)
CNN:
Mortgage borrowers are still falling behind on their payments in record numbers, despite the many foreclosure prevention efforts initiated by the government and nonprofts. (Read More)
Topic:
Government
CNN:
Mortgage borrowers are still falling behind on their payments in record numbers, despite the many foreclosure prevention efforts initiated by the government and nonprofts. (Read More)
Topic:
Government
Wall Street Journal:
Everett CollectionLimbo looked a lot more fun in the movie “Barcelona.”The number of Americans in mortgage limbo keeps growing.These are the people who are far behind on their payments but are still waiting for their loan s (Read More)
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