Tuesday, May 26, 2009

Job losses speed foreclosure pace - Herald Tribune

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 Foreclosure deeds drop in April in Mass. - Lowell Sun  BOSTON -- Massachusetts foreclosures dropped dramatically in April from a year ago, according to a report released last week by The Warren Group, publisher of Banker & Tradesman. A total of 755 foreclosure deeds were recorded statewide in April, a 43 ..., more 
and Signs of more trouble ahead for housing market - San Francisco Gate  Warren Buffett and Alan Greenspan say the housing market is near bottom. Peppy real estate agents and gloomy stock-market traders alike eagerly embrace that supposition. Wall Street is so hungry for good news that stocks rallied at the barest hint of ..., more 

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