CEDAR RAPIDS (AP) - The owners of a Cedar Rapids home who gave it up to foreclosure are expressing frustration at finding a squatter living there just days before it was to be sold in a sheriff's sale. Brian and Steffi Dudrey had been trying to keep ..., more
and Home resales up 121 percent in the Fort Myers area - Naples Daily News The Realtor Association of Greater Fort Myers and the Beach Inc. reports that its members sold 1,586 homes last month. Year-to-date sales are up 116 percent. More than 56 percent of the homes sold last month were bank-owned and 15.5 percent were ..., more
and Mortgages: Option ARMs Are the New Subprimes - Seekingalpha.com Here’s a sign of changing times — not necessarily for the better. The WSJ reports that Option ARMs are now performing worse than subprime. From the WSJ article: For the third straight month, option adjustable-rate mortgages are generating ..., more
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