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January Unemployment Falls to 8.3 Percent

Octavion — Fri, 03 Feb 2012 16:57:00 GMT

January Unemployment Falls to 8.3 Percent By Christopher Rugaber, Associated Press, Feb 3, 2012 In the most impressive surge for the job market since the middle of last decade, the United States added 243,000 jobs in January, far more than economists...(read more)

What Obama’s Housing Plan Means for You

Octavion — Thu, 02 Feb 2012 16:32:00 GMT

What Obama’s Housing Plan Means for You By Sara Kehaulani Goo, Washington Post, Feb 1, 2012 Many people are wondering about President Obama’s refinance plan, announced Wednesday, and a new program that would try to make thousands of vacant...(read more)

Home Prices Drop in November for Third Straight Month

Octavion — Tue, 31 Jan 2012 16:41:00 GMT

Home Prices Drop in November for Third Straight Month By Derek Kravitz, Associated Press, Jan 30, 2012 Home prices fell for a third straight month in November in nearly all cities tracked by the Standard & Poor's/Case-Shiller home-price index...(read more)

Freddie Mac Bets Against American Homeowners

Octavion — Mon, 30 Jan 2012 19:46:00 GMT

Freddie Mac Bets Against American Homeowners By Jesse Eisinger, ProPublica and Chris Arnold, NPR News Jan. 30, 2012 Freddie Mac, the taxpayer-owned mortgage giant, has placed multibillion-dollar bets that pay off if homeowners stay trapped in expensive...(read more)

In Florida town hit hard by foreclosures, neither GOP candidates nor Obama getting much love

joelc — Fri, 27 Jan 2012 18:17:00 GMT

In Florida town hit hard by foreclosures, neither GOP candidates nor Obama getting much love By Associated Press, The Washington Post, January 26, 2012 LEHIGH ACRES, Fla. — At Our Daily Bread Food Pantry, the conversation often centers on real estate...(read more)

Foreclosures made up 20 pct. of home sales in 3Q

joelc — Thu, 26 Jan 2012 19:16:00 GMT

Foreclosures made up 20 pct. of home sales in 3Q By Alex Viega, The Associated Press, January 26, 2012 LOS ANGELES — Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties...(read more)

RealtyTrac: Several economists missed the mark with 2011 projections

joelc — Wed, 25 Jan 2012 17:25:00 GMT

RealtyTrac: Several economists missed the mark with 2011 projections By Kerri Panchuck, HousingWire, January 24, 2012 Every new year brings predictions on how the economy is expected to fare, especially in terms of home sales, prices and gross domestic...(read more)

Bank Foreclosure Deal Reviewed by States as Delaware Drops Out

joelc — Tue, 24 Jan 2012 17:05:00 GMT

Bank Foreclosure Deal Reviewed by States as Delaware Drops Out By David McLaughlin, Bloomberg, January 24, 2012 State attorneys general reviewed a proposed settlement with banks over foreclosure and mortgage- servicing practices that negotiators are pressing...(read more)

Foreclosures: America's hardest hit neighborhoods

joelc — Mon, 23 Jan 2012 17:04:00 GMT

Foreclosures: America's hardest hit neighborhoods By Les Christie, CNNMoney, January 23, 2012 NEW YORK — The housing collapse has dramatically changed the nation's foreclosure landscape. Bill Designed To Help Homeowners Facing Foreclosure...(read more)

Spread Favors 49ers In the Foreclosure Bowl

joelc — Sat, 21 Jan 2012 16:00:00 GMT

Super Bowl XLVI Analysis: Spread Favors 49ers In the Foreclosure Bowl By Joel Cone Staff Writer It took 17 weeks of regular season play to determine the four playoff teams fighting it out in the NFL postseason for the right of passage to what is likely...(read more)