Foreclosed Houses Haunt Home Builders Wall Street Journal As the normally hot spring selling season begins, two houses in the Inland Empire region of Southern California sum up the big problem facing many of the nation's largest home builders. One...
As big banks on government life support — particularly Bank of America and Citigroup — continue to struggle amid rising fears that they are mortally wounded “zombie banks,” a growing chorus of industry leaders are calling for the...
REOs Dominate Many Markets Inman News The foreclosure market “is the housing market” in 2009, analysts at Deutsche Bank say in a new report that's skeptical about the effectiveness of the recently passed $787 billion stimulus bill to revive...