Job Losses Push Safer Mortgages to Foreclosure - The Ledger

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 Tax assessments drop in five major counties - Atlanta Journal Constitution  There's no question tax assessors across metro Atlanta have reacted to the continuing real estate collapse. When Fulton County mails out notices June 5, the five major counties will have dropped values for more than 350,000 parcels... No tax break ..., more 
and Family's foreclosure auction 'bargain' pays off - CNN  QUEENS, New York (CNN) -- For Victor Guevares, winning a bid at a raucous foreclosure auction two months ago was just the first step toward achieving his dream of home ownership. And after getting through several obstacles along the way, he finally ..., more