September 2007


23 Sep 2007 03:36 am

Foreclosures have grass springing up in yards around vacant houses
Detroit Free Press, United States - Sep 23, 2007
BY CECIL ANGEL The number of home foreclosures in Wayne County has caused a flood of complaints from residents about high grass at vacant homes and forced ...
23 Sep 2007 03:05 am

Impact of foreclosures not in crisis stage - yet
MiamiHerald.com,  USA - Sep 23, 2007
What about the record jumps in new foreclosure filings? In 34 states, the rate of new foreclosures decreased. In most other states, the increases were minor ...
23 Sep 2007 01:41 am

So far, the particular nature of Houston's economy is holding the ...
Houston Chronicle, United States - Sep 22, 2007
Soaring foreclosures have sharply lowered home values. Once-solid neighborhoods have been devastated because abandoned homes languish unsold in the real ...
22 Sep 2007 11:39 pm

Cities must limit fallout of foreclosures
North County Times, CA - Sep 22, 2007
This link between foreclosures and crime is more than just speculative. Studies show that even small increases in the number of foreclosures lead to higher ...
21 Sep 2007 03:35 pm
A lot of attention has been paid to the Federal Reserve's decision on Tuesday to cut the Federal Funds Rate by a half percent - but what does this jargon mean for consumers? The answer can be complicated.
21 Sep 2007 10:54 am

Bizjournals.com

Short sales fending off foreclosures
Bizjournals.com, NC - Sep 21, 2007
by Michael Hinman There is a record volume of foreclosures across the state in the wake of the subprime loans crisis, but that doesn't means sales are at a ...
21 Sep 2007 09:59 am

Hearing on Legislative and Regulatory Options Regarding Mortgage ...
American Enterprise Institute, DC - Sep 21, 2007
Rising foreclosures are also an obvious social and political issue. All these elements display the classic patterns of recurring credit overexpansions and ...
Mortgage troubles are here to stay Minneapolis Star Tribune (subscription)
Housing Mess: Congress to the Rescue? Wall Street Journal
US official: US mortgage default rate stabilizing, not drastically ... International Herald Tribune
St. Petersburg Times
all 14 news articles
21 Sep 2007 05:04 am

Panel urges fight on foreclosures
San Diego Union Tribune, United States - Sep 21, 2007
By Emmet Pierce Responding to the spike in home foreclosures that threatens many of the region's neighborhoods, the San Diego City-County Reinvestment Task ...
21 Sep 2007 05:04 am

ShoreBank to fight foreclosures with saving plan shore hed goes ...
Chicago Sun-Times, United States - Sep 21, 2007
"We want to find people facing foreclosure and refinance them out of that ticking time bomb," Hasten said. The savings account, called ShoreBank Direct, ...
20 Sep 2007 01:00 am
Yes, the Federal Reserve cut short-term rates. No, that doesn't mean that mortgage rates will inevitably go down, especially in the short term.
20 Sep 2007 01:00 am
The Federal Reserve cut interest rates this week. So naturally, mortgage rates went along for the ride, right? Wrong.
20 Sep 2007 01:00 am
Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.
20 Sep 2007 01:00 am
Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.
20 Sep 2007 01:00 am
Accelerated mortgage software package not worth the money, says Dr. Don.
19 Sep 2007 06:03 am

WFtv.com

Foreclosures countywide jumped 80% in August
San Diego Union Tribune, United States - 42 minutes ago
Until then, foreclosures will have the potential to rise dramatically. “It is going to be nasty for the next couple of months,” Pozsar said. ...
State foreclosures triple in August Bizjournals.com
Isles' August foreclosures up sharply Bizjournals.com
Report shows Kansas ranks 37th in foreclosures Bizjournals.com
Bizjournals.com - Bizjournals.com
all 665 news articles
19 Sep 2007 04:34 am

Foreclosures soar in Aug. in mid-Mich.; US up 36%
Lansing State Journal, MI - 2 hours ago
That's the message some Michigan mortgage experts are sending homeowners in the face of a 44 percent jump in local foreclosures last month. ...
Unfair tax hits those who sell homes at a loss Bradenton Herald
all 2 news articles
19 Sep 2007 03:57 am

More Americans grapple with home foreclosure
Globe and Mail, Canada - 2 hours ago
US economic growth is slowing as the two-year housing decline worsens amid the surge in foreclosures and the collapse of more than 100 mortgage companies, ...
19 Sep 2007 03:34 am

Valley foreclosure rate reaches 10-year high
Arizona Republic, AZ - 3 hours ago
Foreclosures in metropolitan Phoenix climbed 36 percent in August, the biggest jump so far this year. Last month, 1093 people lost their homes, according to ...
19 Sep 2007 01:01 am

RealtyTrac: Foreclosures up 115% in last year
MarketWatch - 5 hours ago
There were almost a quarter-million foreclosures in the US last month alone; a 36% jump since July. And since last year foreclosures have soared 115% - led ...
AP Reports US Home Foreclosures Up 36 Percent In August WCPO
all 2 news articles
18 Sep 2007 09:54 pm

EyeOutForYou.com

Fed cut said to have little impact on foreclosures
Orange County Register, CA - 8 hours ago
Foreclosures have spiked dramatically this year and some analysts expect a bigger jump in 2008 as teaser rates end on about $500 billion in loans to ...
Interest rates cut to avoid recession EyeOutForYou.com
all 10 news articles
18 Sep 2007 09:32 pm

Foreclosures soar in US mortgage belt
Malaysia Sun, Malaysia - 9 hours ago
Home foreclosures in the United States have surged 36 percent in August from the prior month and more than doubled from a year ago. ...
18 Sep 2007 06:49 pm

WTMJ-TV

Number Of Foreclosures In Wis. Growing
WTMJ-TV, WI - 11 hours ago
MILWAUKEE – The number of people losing their homes in foreclosures is growing, and growing a lot. This is a widespread issue across our area. ...
18 Sep 2007 02:44 pm
The Federal Open Market Committee (FOMC, Fed) today reduced its Fed Funds Rate by a half percent. This was the first reduction of the rate in more than three years.
18 Sep 2007 10:53 am

US Home Foreclosures Soar in August
San Francisco Chronicle,  USA - 19 hours ago
By ALEX VEIGA, AP Business Writer The number of foreclosure filings reported in the US last month more than doubled versus August 2006 and jumped 36 percent ...
18 Sep 2007 04:14 am

CITY FORECLOSURES SKYROCKET 30%
New York Post, NY - 2 hours ago
By LOIS WEISS September 18, 2007 -- Foreclosures around the city last month were up 30 percent, as the subprime-mortgage crisis and other economic problems ...
18 Sep 2007 03:27 am

Home foreclosures locally on rise
New Britain Herald, CT - 2 hours ago
"According to our reality track, more than 3600 homes in Hartford County are in some state of foreclosure," Watson said. "In the past 60 days, ...
Murphy hopes bill will help solve mortgage crisis New Britain Herald
all 2 news articles
18 Sep 2007 03:11 am

Michigan 6th in foreclosures in August
Detroit Free Press, United States - 3 hours ago
By GRETA GUEST Michigan ranked sixth nationwide with 15565 properties in some stage of the foreclosure process in August. That’s an 11% increase over July ...
State foreclosures for August up 126% DetNews.com
all 2 news articles
18 Sep 2007 03:05 am

Low-cash examples show how to profit from foreclosures
Mortage 101 - 3 hours ago
Just in time to take advantage of the current "glut" of foreclosures and other distress properties, this new book explains the basic procedures and when to ...
Home rebuilt after fire could be worth more Mortage 101
all 2 news articles
18 Sep 2007 01:21 am

FDIC chairwoman discusses foreclosures
Topeka Capital Journal (subscription), KS - 4 hours ago
By Michael Hooper LAWRENCE — The subprime mortgage crisis that has led to thousands of home foreclosures is unprecedented in US history and is far from over ...
17 Sep 2007 09:40 pm

National City Bank Affected by Ohio Foreclosures, Chiquita Fined ...
ePluribus Media - 8 hours ago
Quantifying this unwanted but currently unstoppable trending up of problematic subprime home loans, the lending giant said actual foreclosures stood at $280 ...

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