Mortgage-backer Fannie Mae said it singled out South Carolina for an unusual court-ordered freeze on home foreclosure sales because the state gives local judges the authority to dismiss delayed cases, which other states do not. Fannie Mae isn’t ..., more
and Another Sign of Foreclosure Trouble in California - Wall Street Journal Here’s another sign that California’s foreclosures could jump in 2009: Delinquencies on dues owed to homeowner associations have risen sharply. The homeowner association delinquency rate can serve as a leading indicator of sorts because ..., more
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