February 2007


26 Feb 2007 10:06 pm

Colorado legislators introduce measures targeting foreclosures
The Coloradoan, CO - Feb 27, 2007
DENVER - Concerned about Colorado's dubious title as the nation's leader in the rate of home foreclosures, lawmakers introduced two measures Monday to crack ...
Bill Targets Foreclosures, Mortgage Fraud TheDenverChannel.com
2 bills target home loans Denver Post
all 6 news articles
26 Feb 2007 04:21 pm

New Mexico foreclosures still low, but delinquencies are rising
New Mexico Business Weekly, NM - 15 hours ago
Texas had the highest foreclosure total of any state with 14728 new foreclosures, while California was second with nearly 14500. ...
26 Feb 2007 03:05 pm

Kentucky near top nationally in foreclosures
Kentucky.com, KY - 16 hours ago
Kentucky ranked fifth in the nation in home foreclosures in 2006, a statistic analysts blame on slow job growth and the types of mortgages issued during the ...
Kentucky near top nationally in foreclosures WHAS 11.com (subscription)
The Double Whammy ZNet
Kentucky near top in foreclosure rate Louisville Courier-Journal
all 5 news articles
26 Feb 2007 01:01 pm

Foreclosures Jump an Additional 19%
Originator Times - 18 hours ago
“The month-over-month increase is similar to what we saw last January, when foreclosures shot up 27 percent from the previous month; however, ...
26 Feb 2007 12:58 pm

Two bits of news reported last week are worth a mention.

Fannie Mae announced on Tuesday that it would not be paying over $44.4 million in bonuses to its former and current executives. The bonuses were part of an incentive program that was based on performance targets such as earnings growth...

In other news there is new fall-out from a gloomy announcement the world's third largest bank made earlier this month...

Read More Now
26 Feb 2007 11:05 am

SC issues guidelines on real estate foreclosures
Manila Bulletin, Philippines - 20 hours ago
By REY G. PANALIGAN. The Supreme Court has issued guidelines to trial courts on cases involving the extra-judicial foreclosure of real estate mortgages with ...
26 Feb 2007 11:05 am

SC issues guidelines on real estate foreclosures
Manila Bulletin, Philippines - Feb 26, 2007
By REY G. PANALIGAN. The Supreme Court has issued guidelines to trial courts on cases involving the extra-judicial foreclosure of real estate mortgages with ...
26 Feb 2007 06:14 am

Reasons to Keep a Mortgage in Retirement
Inside INdiana Business (press release), IN - 16 minutes ago
If you have a low mortgage rate, it makes sense to invest extra funds in an investment vehicle that would earn a higher total return. ...
26 Feb 2007 06:06 am

MEC intervenes in spat over housing, George speaker
The Herald Eastern Cape, South Africa - 24 minutes ago
LOCAL Government and Housing MEC Richard Dyantyi has urged political parties in George to reconcile and work together to achieve similar goals, ...
26 Feb 2007 04:47 am

Second Synthetic Transaction Securitising Risks Related to Danish ...
news aktuell (Pressemitteilung), Germany - 1 hour ago
The underlying reference portfolio of the transaction, which is named "PROVIDE BRICKS 2007-1", comprises about 34500 Danish residential mortgage loans with ...
26 Feb 2007 04:40 am

Town looks at housing data
Worcester Telegram, MA - 1 hour ago
WEST BOYLSTON— The Board of Selectmen may decide soon whether a “safe harbor” from affordable housing is in the town’s best interest. ...
26 Feb 2007 04:37 am

Working Paper: Housing
Toronto Star, Canada - 1 hour ago
With a white-hot housing market in the GTA and average rental rates steadily climbing, who among low- and moderate-income earners can afford decent housing? ...
26 Feb 2007 04:19 am

Housing trust fund up for consideration
BurlingtonFreePress.com, VT - 2 hours ago
CHARLOTTE -- A proposed housing trust fund and related tax rate increase are likely to be in the forefront of discussion on Town Meeting Day. ...
26 Feb 2007 04:14 am


Xinhua
China to boost housing for poor
Finance24, South Africa - 2 hours ago
Beijing - China has pledged to make more housing available for poor families, even as it struggles to control soaring property prices, state media said on ...
China’s government promising more housing for poor Canton Repository (subscription)
Government promising more low-cost housing for poor China Daily
all 16 news articles
26 Feb 2007 03:43 am

Housing budget too tiny, city warns
Vancouver Sun (subscription), Canada - 2 hours ago
VANCOUVER - The province's so-called housing budget has so little money for actual housing that Vancouver will be lucky to get half the units it needs to ...
26 Feb 2007 03:32 am

Rise and rise of the 100% mortgage
This is Money, UK - 2 hours ago
Last week Alliance & Leicester said it plans to launch a 'Plus Mortgage', of up to 125%. Other lenders include Birmingham Midshires, owned by the Halifax, ...
Rise and rise of the 100 per cent mortgage This is London
More FTBs opting for 100% LTV Mortgage Solutions
all 3 news articles
26 Feb 2007 03:19 am

Culture meets housing design
Minnesota Daily, MN - 3 hours ago
Professor Tasoulla Hadjiyanni said this is the third year she brought her research findings about cultural needs in housing into her design classes. ...
26 Feb 2007 03:10 am

Adjustable Rate Mortgage 2007: GuideToLenders.com Helps Homeowners ...
PR Web (press release), WA - 3 hours ago
The Mortgage Foundation predicts that $1.5 trillion of ARMs are expected to reset by the end of 2007. In her article, "Is Your ARM Broken? ...
26 Feb 2007 03:10 am

John Sauro of North Atlantic Mortgage Releases New Audio Book on ...
PR Web (press release), WA - 3 hours ago
"The mortgage market has changed in the last few years, with the introduction of different adjustable and interest only loan choices that previously did not ...
26 Feb 2007 03:08 am


Czech Business Weekly
Mortgage banks bet on gov’t dodge
Czech Business Weekly, Czech Republic - 3 hours ago
5, while the press was reporting on “record volumes of mortgage loans,” the Ministry of Finance (MF) set its proposed definition of “social housing” for tax ...
26 Feb 2007 03:00 am

Housing contract season on the horizon
Drury Mirror, MO - 3 hours ago
First and foremost, remember that Drury housing contracts are for the full academic year, not just one semester. If you are studying abroad or graduating in ...
26 Feb 2007 02:26 am

House repossessions up as mortgage-holders struggle
Ireland Online, Ireland - 4 hours ago
More people are having their houses repossessed because they are struggling with their mortgage repayments. Reports in today's Sunday Independent claim ...
26 Feb 2007 01:27 am

New program seeks to unite housing, job solutions
Grand Island Independent, NE - 5 hours ago
"We've not always tied our affordable housing strategies so well to economic development efforts," said Richard Baier, director of the Nebraska Department ...
City competes for housing $ Columbus Telegram
all 2 news articles
26 Feb 2007 01:18 am

Housing board not consulted on housing purchase
Aspen Daily News, CO - 5 hours ago
Aspen City Council did not consult the city and county's housing board or the housing authority staff when it decided to buy a $3.5 million West End home ...
26 Feb 2007 12:00 am
Your goal to be mortgage free isn't a nightmare, says Dr. Don.
25 Feb 2007 01:15 pm

Statistics show real estate slow-down
Adrian Daily Telegram, MI - 17 hours ago
There were a total of 400 mortgage foreclosures last year, nearly double the 210 foreclosures that occurred in 2004. There were 246 foreclosures in 2005. ...
25 Feb 2007 12:02 pm


U.S. News & World Report
A House Unsold, the Dream Dims
U.S. News & World Report, DC - 18 hours ago
"Foreclosures spiked last year, and now we're hitting a very high rate," says Celia Chen, housing economist at Moody's Economy.com, which expects the rate ...
25 Feb 2007 11:26 am

Indexes drop on mortgage defaults, oil at 2007 high
Business Times Singapore, Singapore - 19 hours ago
NEW YORK - US stocks fell for a third straight session on Friday as concern over rising defaults in the subprime mortgage industry drove financial services ...
25 Feb 2007 08:02 am

Jeffrey Scharf: Jump in foreclosures could be the beginning of a trend
Santa Cruz Sentinel, CA - 22 hours ago
The Center for Responsible Lending laid out the gory details in its December 2006 report "Losing Ground: Foreclosures in the sub-prime market and their cost ...
25 Feb 2007 07:01 am

A flood of foreclosures, should you invest?
Barre Montpelier Times Argus, VT - 23 hours ago
"For the people who are pros at dealing with foreclosures and have the infrastructure of information and wherewithal … they will take full advantage of this ...

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