Fannie Mae’s Losses Triple – And Wall Street Yawns
Before I begin, allow me to reiterate that I’m fully aware this is a real estate blog and that many of the thousands of readers who visit these pages every day never, ever think about the stock market...
View Article73% OF THE BLAME —> Florida & California Foreclosures
Some hard numbers have come out today from the Mortgage Banker’s Association that shed a LOT of light on the foreclosure data. All that we hear is how much foreclosures are rising and how truly bleak...
View ArticleReal Estate & Financial News – What It REALLY Means
I was recently checking my twitter account when I discovered a really interesting article called “The Hunt For Real Recovery“. This article focused on a lot of the financial and government reports we...
View ArticleRising Home Prices Likely to Lead to Fewer Defaults in Coming Months
In California, the rate of defaults on loans is the lowest that it has been in nearly 3 years. That’s great news for California homeowners, and it’s likely to be a self-feeding cycle, says San Diego...
View ArticleForeclosures Push Home Ownership Down to Lowest since 1999
In the second quarter of 2010, a surge of foreclosures smashed homeownership levels, pushing the home ownership rate across the United States down to 66.9 percent, which is the lowest in over a decade,...
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