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In Foreclosure Settlement Talks With Banks, Predictions of a Long Process March 30, 2011, New York Times Little was settled in the first round of foreclosure settlement talks. The nation’s top mortgage servicers met Wednesday in Washington with...
Housing Market Stumbles Wall Street Journal, July 21, 2010 The housing market, whose collapse pulled the economy into recession in late 2007, is stalling again. In major markets across the country, home sales are deteriorating, inventories of unsold homes...
May Foreclosure Rate Steadies as Banks Hold Back Associated Press, June 10, 2010 The number of people facing foreclosure is nearly flat from a year ago, according to the latest report from a private foreclosure listing service. A third fewer people are...
Home Prices in 20 U.S. Cities Fell Less Than Forecast September 29, 2009, Bloomberg News Home values in 20 U.S. metropolitan areas declined less than forecast in the year ended in July, a sign the housing slump that led to the worst recession in seven...
Housing Crash to Resume on 7 Million Foreclosures, Amherst Says September 24, 2009, Bloomberg The crash in U.S. home prices will probably resume because about 7 million properties that are likely to be seized by lenders have yet to hit the market, Amherst...
A New Bubble Of the Fed's Creation September 23, 2009, Washington Post For the past two years, the central challenge of U.S. economic policy has been to find a way to stabilize the financial system and the economy without reinflating the bubble or...
High Anxiety Over the $8,000 Home Buyer Tax Credit September 16, 2009, Wall Street Journal Builders are so eager for an extension and expansion of the popular first-time home-buyer tax credit, they’re taking out ads. The National Association of...
America’s Housing Market: Where It All Began August 20, 2009, The Economist Signs of stabilisation should not obscure the big problems still ahead. He is hardly your typical distressed seller. Hugh Hefner recently sold his personal residence in...
Foreclosure Filings Hit 1.5 Million Homes in First Half of ‘09 Wall Street Journal The foreclosure train wreck continues, as a weak job market and falling home prices pushed foreclosures to a record high in the first half of the year. So far this...
Foreclosures Hit ‘Milestone’: 1 Million in ‘09 Wall Street Journal Here’s a bleak milestone: there’s been more the 1 million foreclosures filed in the U.S. so far this year, according to a count by the Center for Responsible...
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