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3 Articles match "Associated","Maine","News"
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The Latest from RealtyTrac
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As Home Prices Plummet, When Will You Buy?
quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% 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. More from Shulman and several other leading economists in the October Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Subprime meltdown means jump in foreclosures
subprime mortgage market after the bankruptcy of at least 20 lenders in the last two months, triggering a mass liquidation of securities on Wall Street and an avalanche of foreclosure activity on Main Street. filed for bankruptcy on Feb 7, sounding the alarm and bringing the total failure of subprime lenders to 20 since December, according to Bloomberg News . And Doug Panic is spreading in the U.S. As more lenders go bankrupt and more Americans default on home loans, a jump in foreclosures is expected.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
As Foreclosures Mount, Candidates React to the Credit Crisis
Here’s what the major presidential candidates have to say about the growing foreclosure epidemic: Democrats The three main Democratic presidential candidates — Clinton, Obama and Edwards —have made various proposals for modest reform, including setting up a federal fund to help homeowners fend off foreclosure and providing borrowers with counseling, along with laws to ban predatory lending policies. Clinton also wants the government to impose new disclosure requirements on mortgage brokers and curb their ability to dictate lending terms. “We need to act now with smart, practical
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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-
Subprime meltdown means jump in foreclosures
subprime mortgage market after the bankruptcy of at least 20 lenders in the last two months, triggering a mass liquidation of securities on Wall Street and an avalanche of foreclosure activity on Main Street. filed for bankruptcy on Feb 7, sounding the alarm and bringing the total failure of subprime lenders to 20 since December, according to Bloomberg News . And Doug Panic is spreading in the U.S. As more lenders go bankrupt and more Americans default on home loans, a jump in foreclosures is expected.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Foreclosures Mount, Candidates React to the Credit Crisis
Here’s what the major presidential candidates have to say about the growing foreclosure epidemic: Democrats The three main Democratic presidential candidates — Clinton, Obama and Edwards —have made various proposals for modest reform, including setting up a federal fund to help homeowners fend off foreclosure and providing borrowers with counseling, along with laws to ban predatory lending policies. Clinton also wants the government to impose new disclosure requirements on mortgage brokers and curb their ability to dictate lending terms. “We need to act now with smart, practical
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
As Home Prices Plummet, When Will You Buy?
quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% 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. More from Shulman and several other leading economists in the October Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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