Blogs

Number of the Week: 103 Months to Clear Housing Inventory April 24, 2010, Wall Street Journal 103: The number of months it would take to sell off all the foreclosed homes in banks’ possession, plus all the homes likely to end up there over the next...

Skeptics don't expect REO flood April 19, 2010 — Inman News While there's mounting evidence that an economic recovery is under way and picking up steam, there's still no escaping the reality that roughly 7 million U.S. homeowners are...

Bomb Suspect Faced Foreclosure May 4, 2010, Wall Street Journal Faisal Shahzad was losing his Connecticut home to foreclosure, disliked President George W. Bush, and was an almost invisible presence at the American university where he earned two degrees...

A Swift Deal May Not Be a Sound One March 13, 2011, New York Times One crucial reason the nation’s mortgage industry ran itself — and the entire nation — off the rails was its obsession with speed. Mortgages had to be approved chop-chop...

Foreclose Deal Near, State Officials Say New York Times — March 7, 2011 WASHINGTON — A broad agreement could be struck within two months to overhaul how millions of foreclosures are handled by the nation’s biggest banks and to expand...