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8.4% Unemployment Rate is Expected in 2009 - Obama Has a Real Challenge »
Posted by: altnrg 10 months ago in News
Economic analysts expect a 1.5 percent decrease in the country’s economic growth this year. With rising inflation and unemployment, the housing crisis and ...
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Barack Obama Proposes $300 Billion Tax Cuts to Help Ease Foreclosure »
Posted by: altnrg 10 months, 2 weeks ago in News
President-elect Barack Obama creates $300 billion tax cuts that aim to rescue foreclosure crisis and eventually save the economy.
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Unloading of Foreclosed Properties in Wisconsin Pulled Down Prices »
Posted by: altnrg 3 months ago in News
Banks' unloading of foreclosed properties on the market further pulled down home prices in Wisconsin in the first six months of this year. Meanwhile, sales ...
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Four Parts Solution to Foreclosure Crisis that Government Should Do »
Posted by: altnrg 10 months, 2 weeks ago in News
Dr. Mark Dotzour, Chief Economist of the Real Estate Center at Texas A & M University, points out a four-part resolution to be taken by the ...
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Refunds for Michigan Foreclosure Listings Rescue Fraud Victims »
Posted by: altnrg 1 month, 4 weeks ago in News
The foreclosure crisis has affected thousands of homeowners in Michigan. Many of them were desperate to protect their properties from Michigan foreclosure listings that they ...
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New York Bank Foreclosures in Housing Sector Rose in 3rd Quarter »
Posted by: altnrg 1 month ago in News
New York bank foreclosures in the housing sector increased in September and in the third quarter. Almost 15,300 foreclosure notices were filed in New ...
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Fannie Mae Preventing Evictions of Tenants of Foreclosed Homes »
Posted by: altnrg 10 months, 2 weeks ago in News
Fannie Mae reported that they will permit tenants to stay in their properties and to prevent from being forced to leave despite the landlord’s ...
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Duke Blames the Banks for the Foreclosure Crisis »
Posted by: altnrg 9 months ago in News
Federal Reserve Governor Duke has called on bankers to be more responsible about their credit activities and to implement measures to help control foreclosures.
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Study - It is cheaper to buy bank foreclosures than to rent them in Detroit, Michigan and Pittsburgh, Pennsylvania »
Posted by: altnrg 2 weeks, 6 days ago in News
Results of a study of the housing markets showed that it is cheaper to buy bank foreclosures instead of renting in 20 metropolitan areas across ...
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Denver foreclosures are expected to grow by 3.5 million in the next two years »
Posted by: altnrg 2 weeks, 3 days ago in News
Industry experts are expecting about 3.5 million new Denver foreclosed homes for sale in the next two years. They said that smart investors and ...
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BoA Helps Elderly Avoid San Diego Foreclosures with Reverse Mortgage »
Posted by: altnrg 2 weeks, 1 day ago in News
A national bank is helping the elderly save their properties from San Diego foreclosed homes for sale. The bank issues reverse mortgage loans with write-downs ...
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February Data on Lender and Tax Foreclosures Dash Hopes »
Posted by: altnrg 8 months ago in News
The 67-percent increase in February foreclosures dashed hopes perked up in January when foreclosures declined from December levels. It is believed that tax foreclosures also ...
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Stop Blaming, Help Owners of Foreclosed Homes »
Posted by: altnrg 8 months ago in News
It is time for government officials and critics to stop blaming various groups for the foreclosure crisis. It is time for supporting Obama’s program ...
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Significant Increase of Mortgage Applications in February »
Posted by: altnrg 9 months ago in News
Applications for mortgage loans increased in February as average fixed-mortgage rates fell below 5 percent. Among these applications are refinancing requests by borrowers avoiding foreclosure.
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Foreclosures Arrived to New York City and Pull Down Home Prices »
Posted by: altnrg 8 months, 2 weeks ago in News
New York City's housing market, previously protected from problems brought about by foreclosure homes, is now suffering from bargain home prices.
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