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Foreclosed Home Is a Risky Move for Homeless Family

Foreclosed Home Is a Risky Move for Homeless Family
New York Times — June 25, 2011

In a giggly voice, a small homeless girl with blue-framed glasses chased her younger brother and sister around the front porch of a long-deserted two-flat on the South Side, chanting, “Fight, fight, fight, ’cause housing is a human right.”

A last-hour plea for foreclosure legislation
Statesman-Journal.com — June 25, 2011

Legislators were joined by homeowners about to lose their homes to foreclosure as they made a last-hour plea for two bills pending in the Oregon Legislature.

Freddie Mac's Serious Delinquencies Continue Descent
DSNews — June 24, 2011

The nation’s second largest mortgage company has again reported a decline in the percentage of loans it holds that are 90 or more days past due and in foreclosure.

Fewer homes for sale, but looming foreclosures
 Herald-Tribune — June 27, 2011

The buzzword in the real estate industry these days is "inventories."

Making Foreclosures Part Of The Solution
NPR — June 26, 2011

Many economists say housing prices won't start to recover until 2014. Even Fed Chairman Ben Bernanke said the market may be worse than anyone had thought. Still, there may be glimmers of hope as policy makers try to think up new ways to help struggling homeowners avoid going into foreclosure, and help investors buy up those properties that already are in foreclosure. NPR's Chris Arnold visits a foreclosure auction to find out what's happening.

Posted: Mon, June 27 2011 10:45 AM by joelc
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