Friday, July 3, 2009

New Evidence on the Foreclosure Crisis - Wall Street Journal

What is really behind the mushrooming rate of mortgage foreclosures since 2007? The evidence from a huge national database containing millions of individual loans strongly suggests that the single most important factor is whether the homeowner has ..., more 
and June foreclosure filings dip slightly - Bradenton Herald  MANATEE — Manatee County’s foreclosure surge is showing signs of ebbing. Lenders initiated 497 foreclosure actions in Manatee County Circuit Court in June, the third consecutive month that they have filed fewer suits than in the previous month ..., more 
and Bad loans suck Concord into foreclosure crisis - Contra Costa Times  The City of Concord is no bank. But it's still stuck with nearly a dozen bad home loans, mostly because of the foreclosure crisis. This year the city wrote off $225,308 in loans it made to low-income residents to make home improvements, buy a home ..., more 

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