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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)

Program Will Pay Homeowners to Sell at a Loss

joelc — Mon, 08 Mar 2010 16:55:00 GMT

Program Will Pay Homeowners to Sell at a Loss March 7, 2010 — New York Times In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some...(read more)

Can a New Web Site Streamline Home Buying?

Octavion — Fri, 05 Mar 2010 16:55:00 GMT

Can a New Web Site Streamline Home Buying? March 4, 2010, The Real Deal Matt Daimler, a technology wiz with little background in real estate, thinks he could solve some of the most vexing problems in New York City residential sales today. His new site...(read more)

Pending Home Sales Fall 7.6 Pct. in Jan

Octavion — Thu, 04 Mar 2010 16:41:00 GMT

Pending Home Sales Fall 7.6 Pct. in Jan March 3, 2010, ABC News via the Associated Press The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern...(read more)

Mortgage Rate Drop Below 5% Stirs Demand

Octavion — Wed, 03 Mar 2010 17:52:00 GMT

Mortgage Rate Drop Below 5% Stirs Demand March3, 2010, CNBC U.S mortgage rates retreated below 5 percent last week, propping demand for home loans after purchase applications sank to a nearly 13-year low the prior week, Mortgage Bankers Association data...(read more)

Phoenix office tower yours for a mere $65 million+ at foreclosure sale -- a 40% discount!

darenb — Wed, 03 Mar 2010 17:03:00 GMT

This gleaming high-rise office building in Phoenix is scheduled for trustee's sale on May 24 with an opening bid of $65 million, more than 40 percent below the price of more than $105 million it sold for in June 2006 -- at the literal peak of the...(read more)

Mortgage Delinquencies Rise After Q4 Plateau

Octavion — Tue, 02 Mar 2010 16:28:00 GMT

Mortgage Delinquencies Rise After Q4 Plateau March 1, 2010, Reuters More homeowners are falling behind on their mortgages, jeopardizing the nascent housing recovery and raising the possibility that home prices have not found their bottom but could instead...(read more)

Foreclosures Now are Just ‘Tip of the Iceberg’

Octavion — Mon, 01 Mar 2010 19:43:00 GMT

Foreclosures Now are Just ‘Tip of the Iceberg’ March 1, 2010, Orange County Register Despite some reports that suggest the housing crisis may be hitting bottom, foreclosures so far represent the “tip of the iceberg,” real estate...(read more)

Finding upcoming auctions on RealtyTrac

darenb — Mon, 01 Mar 2010 15:51:00 GMT

1. Search any county, city or zip code nationwide. 2. Click the Modify Your Search option. 3. Select "Auction Date" in the Sort & Display dropdown. 4. Enter a date range starting today or in the future (make sure to enter the correct year...(read more)