CNBC Thursday, 30 Aug 2012 Sales of bank-owned homes and those already on the foreclosure path fell sharply in the second quarter, reflecting a thinner slate of properties for sale in many cities as banks take a measured approach to … Continue reading
Published: Tuesday, 28 Aug 2012 | 11:36 AM ET Home prices finally appear to be catching up with the increase in overall sales pace. That is usually the case, as prices lag sales on the way up and on the … Continue reading
August 23, 2012 By Christie J. McCravy We all know that many in our community were affected by the housing crisis. Foreclosures affected households from the West Louisville to Lake Forest. But did you know that there is a federal … Continue reading
By: Stephanie Dhue CNBC Real Estate Producer Published: Thursday, 23 Aug 2012 | 12:00 AM ET The number of homeowners “underwater” on their mortgages fell in the second quarter, according to a new report by the online real estate firm … Continue reading
Submitted by admin on Tue, 08/21/2012 - 6:52am By David McGrath Schwartz, LV Sun In a split vote, the Nevada Tax Commission on Monday rejected an effort by Treasurer Kate Marshall to force Fannie Mae and Freddie Mac to pay … Continue reading
(CBS MoneyWatch) August 21, 2012 Citigroup joined a growing number of major national lenders that are letting struggling homeowners stay in their homes by renting. Fannie Mae and Freddie Mac, along with Bank of America, are offering various programs where … Continue reading
The Boston Globe August 21, 2012|Paul McMorrow Earlier this year, five of the country’s biggest banks agreed to cough up $25 billion because they’d routinely fleeced their own customers and wreaked tremendous economic havoc along the way. The nationwide foreclosure … Continue reading
By: John Carney Senior Editor, CNBC.com The most popular error of our age is the belief that bureaucratic reforms will resolve deep moral and social problems. If only we tweak the incentives, nudge the right people in the right direction, … Continue reading
Cleveland.com Mark Siefert There’s a crisis in our communities and our options are quickly disappearing. There are neighbors who can’t accept a job in a new city because they can’t sell their home for a price high enough to pay … Continue reading
August 23, 2012 California neighborhoods reeling from record foreclosures also experienced lower levels of voter turnout in the 2008 presidential election, according to researchers at the University of California, Riverside. Voters who lost their homes were not the only ones … Continue reading