6 Articles match "America","Help","Houses"

• The Best from RealtyTrac

  MORE

• Federal Lifeline DOA for Most People
  
  As Myers points out in her story, the new housing bill signed by President Bush earlier in the week will help a fraction of the families facing foreclosure. As the mortgage expert she interviewed projected, of the 3 million homeowners currently in distress in this country, this bill will help out maybe 10 to 20 percent. As for dad, in his sound bite he said they can’t lose the house and be on the street After listening to NBC Senior Correspondent Lisa Myers’ story on The Today Show last week, I am more convinced than ever that, as the old saying goes, people want their cake and to eat it too!
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Big Ben Is Finally Talking Foreclosures
  
  Big Ben Bernanke, that guy at the top of the nation’s financial food chain, finally admitted Tuesday in an address to a group of the nation’s community bankers that foreclosures are not going to go away anytime soon. The Fed Chief gave two reasons for the bleak forecast (both of which have been espoused in previous posts in this blog): 1) further declines in housing prices are expected; and 2) significant resets of adjustable interest rates to unaffordable levels for many borrowers who were convinced to take out the more risky loan products of the past few years. Speaking at the
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Fed Gives in to Peer Pressure
  
  percent in hopes of curtailing the housing crisis befalling this country, while still keeping a careful eye on inflationary concerns. So were lending institutions like Bank of America , which immediately lowered its prime rate. In a statement released Tuesday , the FOMC justified making the move (the first rate decrease in years after 17 consecutive upward rate “adjustments” under Alan Greenspan’s leadership, followed by more than a year Television reporters — their crystal balls in tow — were talking about it like it was a done deal before it was even announced. Analysts were
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• It Used to Be a Day Job
  
  But is the American public ready to feel sorry for all those guys who stand on the local street corner day after day, waiting to get picked up by building contractors or homeowners for a day’s work around the house? Maybe, if you’re still trying to flip property and utilize day laborers to help clean up an investment property. That, in my estimation, is what The far-reaching implications of the nation’s foreclosure crisis continue to snowball a little more every day. In its latest evolution, what started out as the lending industry selling undesirable loans to undeserving/unqualified
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Another Approach to $700 Billion Bailout
  
  This is not a new idea other countries use longer terms to help lower income people afford a home. This will force bankers to work with trouble borrowers so they can get the other 90 cents from that dollar.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• As Home Prices Plummet, When Will You Buy?
  
  quot;I think this time residential housing is in the 100-year flood, and I think it's going to take a long time to recover," said David Shulman, senior economist at the UCLA Anderson Forecast , at the Zelman & Associates Housing Summit in Dallas on Sept. Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? Posted 09-30-2008 11:27 AM by darenb Filed under: Foreclosure Trends , Real Estate Trends
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE