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Sales of New Homes Up in October, But Prices Fall By The Associated Press, Nov. 28, 2011 Americans bought slightly more new homes in October, a hopeful sign for the troubled housing market. But the median sales price fell to its lowest level of the year...
Published Mon, November 28 2011 2:08 PM Octavion
Why a Foreclosure Fraud Settlement is a Ridiculous Idea By Matt Soller, Naked Capitalism, Nov. 1, 2011 Gretchen Morgenson is ringing alarm bells that a 50 state settlement on the foreclosure fraud issue is on deck, and is spelling out some of the details...
Published Tue, November 01 2011 10:13 AM Octavion
A Deal That Wouldn’t Sting By Gretchen Morgenson, New York Times, Oct. 29, 2011 After months of back and forth, a deal that is supposed to punish large financial institutions for foreclosure misconduct may be nigh. Foreclosure Failure By Orange...
Published Mon, October 31 2011 10:59 AM Octavion
Attorneys General Settlement: A Bigger Bailout Than TARP? By Matt Taibbi, Rolling Stone Magazine, Oct. 5, 2011 Amidst all the bad news coming out of Wall Street and the economy, here’s something good: California has backed out of the talks for the...
Published Wed, October 05 2011 8:25 AM Octavion
Foreclosures Made Up 31 Pct. of Home Sales in 2Q By Derek Kravitz, Associated Press, Aug. 25, 2011 Foreclosures made up roughly one-third of all home sales this spring. While that's a smaller share of sales from the previous quarter, it's six...
Published Thu, August 25 2011 8:54 AM Octavion
Number of Troubled Mortgages on Rise Again By Les Christie, CNN Money, Aug. 22, 2011 In another hit to the beleaguered housing market, a Mortgage Bankers Association report out Monday found that the number of delinquent mortgage borrowers — those...
Published Mon, August 22 2011 9:30 AM Octavion
About Those Notes...Evidence of Securitization Fail June 7, 2011, Credit Slips Since last October, shortly after the robosigning scandal broke, I've been talking until I turned blue in the face about robosigning being the tip of the iceberg with mortgage...
Published Tue, June 07 2011 11:22 AM Octavion
Why It's Time To Buy June 4, 2011, Wall Street Journal Back in June 2006, when the housing market peaked, the prospect of a five-year national housing bust seemed unimaginable to most people. And yet here we are, with the latest Standard & Poor's...
Published Mon, June 06 2011 8:23 AM Octavion
Banks Float $5 Billion to End Foreclosure Probe May 11, 2011, Business Week Bank of America Corp. and JPMorgan Chase & Co., along with three other U.S. mortgage servicers, proposed paying $5 billion to settle a probe of their foreclosure practices...
Published Wed, May 11 2011 8:49 AM Octavion
New-Home Sales Provide Small Lift Wall Street Journal, April 25, 2011 Sales of new homes increased in March from an all-time low a month earlier, a small boost for a struggling part of the U.S. economy. Sales grew 11.1% on a monthly basis to a seasonally...
Published Mon, April 25 2011 9:49 AM Octavion
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