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Tag:
housing crisis
Housing News
Report: foreclosure backlog beginning to ease
The foreclosure log jam is loosening in some parts of the nation, depending on the foreclosure process in each state. Judicial states are seeing longer foreclosure processing times while non-judicial states are shrinking delays.
Economic News
Has the real estate market bottomed out? Some say yes, some say no
Are we near the bottom?
As home prices drop to 2003 levels according to S&P/Case-Shiller, and with 10.7 million homes in America owing more on...
Economic News
11 million American homes are now underwater – interactive infographic
Home equity for Americans
Nearly 11 million homes are underwater in America as of the end of the second quarter of 2011, according to CoreLogic...
Opinion Editorials
Firm changes tune, apologizes for Halloween party mocking foreclosure victims
Major PR blunder
This week, a former employee of the Steven J. Baum law firm (commonly called a "foreclosure mill") leaked photos of the company's...
Economic News
Obama issues executive order to fix housing, supporters and critics clash
Executive order to alter HARP
President Obama announced today what is being dubbed the "we can't wait plan," introducing the next phase of the Home...
Opinion Editorials
Why NAR and the government should stop trying to fix housing
Newest attempt to "fix" housing- a Summit
Oh, boy. We know there’s trouble when NAR not only requested, but is now planning to host a...
Housing News
Tax fraud in America surpasses half a billion dollars
Tax fraud in astounding amounts
According to the Treasury Inspector General for Tax Administration, individuals applying for first-time homebuyer tax credits have defrauded the government...
Economic News
Massive mortgage layoffs this week, more to come
Mortgage layoffs in America
Last week, Wells Fargo laid off, which Wells Fargo claims is less than one percent of their workforce and was mostly...