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Foreclosure
Wall Street Journal:
Homeowners who receive counseling are 60% likelier to avoid foreclosure than those who don't get help, according to a report this week by the administrator of a government-funded foreclosure counseling program.
. (Read More)
Contrarian Stock Market Investing News - Featuring Bargain Stocks:
Chuck Butler, regular analyst at The Daily Reckoning, offers an analysis of why the ‘Audit the Fed’ amendment to a $200 billion deficit plan spooked the currencies markets this week. Chuck Butler (The Daily Reckoning):As I c (Read More)
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WalletPop Blog:
Filed under: Home, Real Estate, MortgagesThe proof, they say, is in the pudding. Maybe it ought to be in the foreclosure rate?Yes, I know we are being told on Sunday morning power-breakfast talk shows that the nation's econom (Read More)
News Network:
Current Business News
Topic:
Economy
Calculated Risk:
From housing consultant Ivy Zelman commenting on the MBA Delinquency report in the NY Times U.S. Mortgage Delinquencies Reach a Record High"I’ve been pretty bearish on this big ugly pig stuck in the python and this cements my (Read More)
News Networks:
Economics And Finance,
Real Estate Not Mainstream
Wall Street Journal:
Real Estate News compiles a daily wrap-up from each morning’s Wall Street Journal and other news sources.More Homeowners Are Falling Behind (WSJ): About one in seven American households with mortgages is behind on payments or (Read More)
Wall Street Journal:
About one in seven American households with mortgages is behind on payments or in foreclosure, up from one in 10 a year ago. (Read More)
News Networks:
American Foreign Relations Network,
World History 7 Current Events,
Current Business News
...
Topic:
American
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)
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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
washingtonpost.com - Business:
More than 14 percent of borrowers were in trouble on their mortgage during the third quarter, a new record, according to an industry survey released Thursday, which also suggests that the foreclosure rate is likely not to pea (Read More)
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
New York Times:
The Mortgage Bankers Association’s quarterly survey found that one in seven homeowners are either late on their payments or are already in foreclusure. (Read More)
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