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Cautious Moves on Foreclosures Haunting Obama

joelc — Mon, 20 Aug 2012 16:47:00 GMT

Cautious Moves on Foreclosures Haunting Obama By Binyamin Appelbaum, The New York Times, August 19, 2012 WASHINGTON — After inheriting the worst economic downturn since the Great Depression, President Obama poured vast amounts of money into efforts...(read more)

Know pitfalls of mortgage-to-lease option

joelc — Thu, 09 Aug 2012 16:35:00 GMT

Know pitfalls of mortgage-to-lease option By Lew Sichelman, United Features Syndicate, August 9, 2012 Investors know a good thing when they see one. That's why they are lining up in droves to get their hands on thousands of government-held problem...(read more)

Nevada a test ground for campaign economic themes

joelc — Wed, 08 Aug 2012 16:53:00 GMT

Nevada a test ground for campaign economic themes By Thomas Beaumont, Huffington Post, August 8, 2012 LAS VEGAS — Look no further than the epicenter of the nation's housing worries – where "for sale" signs dot neighborhoods just...(read more)

The Shocking Reason Why The Foreclosure Near You Won't Go Away

joelc — Tue, 07 Aug 2012 16:13:00 GMT

The Shocking Reason Why The Foreclosure Near You Won't Go Away By Karen Nielsen, InvestingAnswers, August 6, 2012 Ever wonder why that house on your street is just sitting there, making the neighborhood look crummy? You're not alone. Bottom Dwellers...(read more)

Mitt's Mansions, the Foreclosure Crisis, and the Election

joelc — Mon, 06 Aug 2012 17:24:00 GMT

Mitt's Mansions, the Foreclosure Crisis, and the Election By Peter Dreier, Huffington Post, August 5, 2012 It is time for reporters following Mitt to start asking him some questions about housing, a serious problem today. RealtyTrac Exclusive Q&A...(read more)

Morgan Stanley: Shadow inventory sheared 35% from peak

joelc — Fri, 27 Jul 2012 16:03:00 GMT

Morgan Stanley: Shadow inventory sheared 35% from peak By Jon Prior, HousingWire, July 26, 2012 The shadow inventory of homes likely to be sold after foreclosure declined by 35% since the peak reached two years ago, according to Morgan Stanley researchers...(read more)

Foreclosure Filings Increase in 60% of Large U.S. Cities

joelc — Thu, 26 Jul 2012 17:55:00 GMT

Foreclosure Filings Increase in 60% of Large U.S. Cities By Dan Levy, BloombergBusinessweek, July 26, 2012 Foreclosure filings rose in almost 60 percent of large U.S. cities in the first half of 2012, indicating many areas will have more distressed homes...(read more)

Foreclosed homes: Now, they're hot properties

joelc — Tue, 24 Jul 2012 17:33:00 GMT

Foreclosed homes: Now, they're hot properties By Meredith Bennett-Smith, Christian Science Monitor, July 23, 2012 Earlier this month, David Welch, a veteran RE/MAX real estate agent, took a young couple to tour a house in the Orlando, Fla., area....(read more)

Few Ohio homeowners opting for foreclosure help

joelc — Mon, 23 Jul 2012 17:39:00 GMT

Few Ohio homeowners opting for foreclosure help The Associated Press, July 22, 2012 DAYTON, Ohio — Few eligible Ohio homeowners are having their foreclosure cases reviewed for free even though they might receive up to $125,000 if lenders wrongfully...(read more)

Will the Wells Fargo settlement affect your mortgage?

joelc — Fri, 13 Jul 2012 17:05:00 GMT

Will the Wells Fargo settlement affect your mortgage? By Linda Stern, Reuters, July 13, 2012 Wells Fargo & Co agreed to pay $175 million to resolve allegations by the U.S. Justice Department that it discriminated against qualified African-American...(read more)