Mortgage repossession orders up 17% "This means treating borrowers in arrears fairly and sympathetically, and being willing to negotiate with borrowers in trouble" Lenders have come under pressure to do more for struggling homeowners
Sept. foreclosure filings up from 2006 "August was an extraordinarily high month for foreclosure activity, so some falloff was almost predictable" Sept. foreclosure filings up from 2006 By ALEX VEIGA - AP Business Writer LOS
First rise in house prices for 18 months points to revival House prices have risen for the first time in 18 months, according to a survey published today that provides further evidence that the housing market has turned the corner.read more...
Daybook PRESIDENT BUSH Meets with current and former secretaries of state and defense at the White House; participates in a photo opportunity with the 2005 Little League Softball World Champions from
2008 offers hope for housing "This is not a market to buy and flip" To the surprise of few, the final 2007 existing home sales numbers in Brevard County and other parts of the
30-year mortgage rates rise after steady decline (Contra Costa Times) Rates on 30-year mortgages, after falling steadily for a month, edged up slightly this week but still remained well below the levels of a year ago. Mortgage giant Freddie Mac
“I’m fed up with the stock market, I had so many promises of high returns and my broker and the accountants were deceiving us. But homes have always gone up in value, and it gives me great satisfaction to own a home and I can see it everyday.”
Professor Depew was talking about “pent up demand” for housing in Monday’s Five Things : Lawrence Yun, chief economist for the NAR, said he believes existing home sales will gradually rise over the next year as … via Minyanville
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