News & Commentary: Daily News Articles
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09/15/2011
A new wave of foreclosures hit in August, as banks shows signs of picking up the pace in taking action against home owners who have fallen behind on their mortgage payments.
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09/15/2011
In the No. 1 state, one in every 118 households received a foreclosure filing during the month of August. Find out which states are bogged down with the most foreclosures.
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09/15/2011
Even home buyers with excellent credit are struggling to get approved for a loan, economists say.
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09/15/2011
The purchase index increased on a seasonally adjusted basis by 7 percent last week, a sign of increased home buyer activity.
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09/15/2011
HUD urged Congress this week to restore its funding for a housing counseling program that faced a $88 million budget cut in April. HUD argues the program is crucial for the “stability of our housing markets.”
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09/15/2011
Improving access to affordable mortgage financing and committing additional resources to loan modifications and short sales will help reduce current and future inventories of REOs properties, NAR says.
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09/14/2011
“High negative equity is holding back refinancing and sales activity and is a major impediment to the housing market recovery,” according to a new CoreLogic report.
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09/14/2011
Foreclosure filings and sales jumped significantly throughout areas in the West, reversing what had been a declining trend the last several months, ForeclosureRadar reports.
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09/14/2011
Forbes reveals the healthiest cities, taking into account such factors as clean air quality, residents’ health, and a community’s promotion of exercise and healthy living.
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09/14/2011
More Americans are living in poverty, particularly younger generations, which are being forced to “double up” and move back with their parents.
