By: Reuters The improving U.S. housing market is “far from being out of the woods,” Federal Reserve Chairman Ben Bernanke said Thursday, arguing that overly tight lending standards are part of the problem. The Fed, which has focused on mortgage … Continue reading
Inmannews.com RealtyTrac data shows foreclosure filings down 19 percent from year ago Over half of U.S. metro areas saw an increase in foreclosure activity from September to October, but foreclosure-related filings nationwide were down 19 percent from a year ago, … Continue reading
A specific provision in California’s Homeowner Bill of Rights may have led to a surge in foreclosure cancellations, according to a report from ForeclosureRadar. Foreclosure cancellations in California spiked 62.1 percent from September to October and 36.7 percent over a … Continue reading