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More Homeowners are Opting for 'Strategic Defaults'

Octavion — Wed, 17 Mar 2010 14:54:00 GMT

More Homeowners are Opting for 'Strategic Defaults' March 17, 2010, Los Angeles Times Nearly one-quarter of U.S. mortgages, or about 11 million loans, are "underwater," i.e. the houses are worth less than the balance of their loans....(read more)

Loan Modification Program Starts to Get Some Traction

Octavion — Tue, 16 Mar 2010 18:22:00 GMT

Loan Modification Program Starts to Get Some Traction March 12, 2010, New York Times After a dismal start, the Obama administration’s anti-foreclosure efforts are finally gaining some traction. But the results are still paltry when set against the...(read more)

RealtyTrac SVP Explains February Slowdown in Foreclosure Activity on Bloomberg

joelc — Tue, 16 Mar 2010 16:05:00 GMT

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New Program to Speed 'Short' Sales

Octavion — Mon, 15 Mar 2010 15:57:00 GMT

New Program to Speed 'Short' Sales March 14, 2010, Wall Street Journal Short sales are a valuable tool for struggling homeowners. But they've been notoriously difficult to complete, with buyers and sellers often playing a long waiting game...(read more)

New round of foreclosures threatens housing market

joelc — Fri, 12 Mar 2010 16:32:00 GMT

New round of foreclosures threatens housing market March 12, 2010 — Washington Post The housing market is facing swelling ranks of homeowners who are seriously delinquent but have yet to lose their homes, and this is threatening a new wave of foreclosures...(read more)

RealtyTrac's Sharga Explains February Slowdown in Foreclosure Activity on Fox Business News

joelc — Fri, 12 Mar 2010 01:23:00 GMT

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RealtyTrac SVP Rick Sharga Discusses February Foreclosure Activity on MSNBC

joelc — Thu, 11 Mar 2010 23:27:00 GMT

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Foreclosure Filings Increase at Slowest Pace in Four Years

joelc — Thu, 11 Mar 2010 17:18:00 GMT

Foreclosure Filings Increase at Slowest Pace in Four Years March 11, 2010 — Wall Street Journal U.S. foreclosure filings rose 6% in February from a year earlier, the smallest increase in four years, according to RealtyTrac. Severe winter weather...(read more)

Brockton activist takes foreclosure woes to Bernanke

joelc — Wed, 10 Mar 2010 17:11:00 GMT

Brockton activist takes foreclosure woes to Bernanke March 10, 2010 — Boston Globe Katie Sandford is a Brockton housing activist and young mother who worries about how foreclosures have damaged her city. Yesterday, she was able to have her say with...(read more)

Bills Could Help Slow Foreclosures

joelc — Tue, 09 Mar 2010 16:25:00 GMT

Bills Could Help Slow Foreclosures March 9, 2010 — The Daily News Sitting lenders down with borrowers in danger of losing their homes to foreclosure is the goal of a pilot program that would be created by pending state legislation. Lawmakers from...(read more)