Wednesday, May 27, 2009

Housing Is Not Just Bad, It's Getting Worse - Time

But, the numbers from March are like canned vegetables. It takes them a long time to spoil. That point was driven home by a study Fitch, the credit ratings agency, is preparing that shows "that between 65% and 75% of modified subprime loans will fall ..., more 
and Foreclosure prevention program rebooted - Newark Star-Ledger  The Obama administration is attempting to revive a stalled government foreclosure prevention program that could restore equity to hundreds of thousands of borrowers whose home values have plummeted. After eight months, the program, known as Hope for ..., more 
and Lender sues over loan - Honolulu Star-Bulletin  The lender for Kula 1800 Investment Partners has filed a foreclosure suit, alleging that the Maui property owner has defaulted on a $71.5 million loan. Attorneys for iStar FM Loans LLC, the same lender that recently purchased foreclosed units at the ..., more 

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