In Florida town hit hard by foreclosures, neither GOP candidates nor Obama getting much love
In Florida town hit hard by foreclosures, neither GOP candidates nor Obama getting much love
By Associated Press, The Washington Post, January 26, 2012
LEHIGH ACRES, Fla. — At Our Daily Bread Food Pantry, the conversation often centers on real estate. Once taboo details — home values and what people paid for their properties — are casually discussed, and there appears to be little shame in walking away from a mortgage or fighting the bank on a foreclosure.
Banks square in mortgage fraud crosshairs again
By John W.Schoen, msnbc.com, January 26, 2012
In the Wild West of the ongoing mortgage mess, there’s a new sheriff in town. And he’s not handing "Get Out of Jail Free" cards in return for a $25 billion check.
Majority of Americans Want Gov't to Help Stop Foreclosures
By Dennis Jacobe, Gallup.com , January 26, 2012
PRINCETON, NJ -- The majority of Americans, 58%, prefer that the government act to prevent foreclosures, whereas 34% prefer the housing market resolve its problems on its own. A sharp partisan divide exists, with 76% of Democrats and 61% of independents favoring government action and 64% of Republicans opposing it.
Homes Backing GSE Mortgages Post 1% Price Gain in November
By Carrie Bay, DSNews, January 26, 2012
Data released this week by the Federal Housing Finance Agency (FHFA) show purchase prices of homes backing mortgages that have been sold to or guaranteed by Fannie Mae and Freddie Mac rose 1.0 percent between October and November.