Saturday, May 30, 2009

After the crash, has the sun set on America's 'Sun Belt'? - Los Angeles Times

ORLANDO, Fla. (AP) — We first heard the term decades ago: The "Sun Belt" was just starting a run of phenomenal growth — and no wonder. It conjured a sunny state of mind as well as a balmy place on the map. Everybody, it seemed, wanted a spot in ..., more 
and Job Losses Push Safer Mortgages to Foreclosure - New York Times  As job losses rise, growing numbers of American homeowners with once solid credit are falling behind on their mortgages, amplifying a wave of foreclosures. In the latest phase of the nation’s real estate disaster, the locus of trouble has shifted ..., more 
and Analysts: Tweaks May Not Save Congress' Failed Foreclosure Program - Huffingtonpost.com  The Hope for Homeowners program was created by Congress last summer to help an estimated 400,000 homeowners avoid foreclosure. But it could more aptly be called the Hope for A Homeowner program, given that just one has used it successfully since its ..., more 

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