Have you heard? There are a large number of loans that have been either sold on the secondary market, or the lenders have some how insured themselves against future losses on their 2nd...
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Only 1 in 4 Got Mortgage Relief
Republicans now want to kill HAMP Program that made only a small dent By ALAN ZIBEL And LOUISE RADNOFSKY Sarah Larson had to prove to Bank of America that she wasn’t dead when...
Survey: Gloomy Views Persist on Housing, Economy – WSJ Online
FEBRUARY 28, 2011, 9:35 AM ETBy Nick Timiraos The number of Americans who believe that buying a home is a safe investment continues to fall, according to a new survey on housing...
IRS eases rules on property liens for delinquent taxpayers
The amount of back taxes a person can owe before facing a possible lien will be doubled to $10,000. Small firms with up to $25,000 in delinquent tax bills will be eligible for two-year...
Mortgages in foreclosure process hit record
Kathleen M. Howley, Bloomberg News – Friday, February 18, 2011 A record share of U.S. mortgages were in the foreclosure process at the end of 2010, matching the all-time high, as...
Rising construction costs could boost new-home prices soon
By Lew Sichelman – February 13, 2011 The overall price for building materials has been rising year-over-year since the summer. That could mean, in the words of one industry...
30% of mortgages are underwater
Foreclosure Fiasco NEW YORK (CNNMoney) — Sometime, somehow, the foreclosure crisis will ease. But probably not anytime soon. Home prices dropped 2.6% nationwide during the last...
AP analysis: Foreclosures raise US economic stress
By MIKE SCHNEIDER and MARTIN CRUTSINGER, Associated Press (02-08) 07:57 PST (AP) – The nation’s economic stress inched up in December because higher foreclosures outweighed...
Foreclosures are falling – but it’s a fake out
A great article wrtitten By Les Christie, staff writerFebruary 10, 2011: 12:14 PM ET at CNN Money. NEW YORK (CNNMoney) — Foreclosure filings plunged in January, but don’t...
Managing a Potential Flood of Foreclosures
This is a great article as published on cnbc online! Please pay careful attention to what the author is sharing with you… if you are buying or selling, this will help you make a...