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Commentary: Fewer and fewer options as housing crisis deepens - Madera Tribune
A new survey from First American CoreLogic, a real estate data company, has concluded that nearly a quarter of all homes with mortgages are worth less than what is owed on the loans. According to the data, which were first reported in the New York ...
Houston, Harris Co. making plans to buy foreclosures - Houston Chronicle
Houston and Harris County soon could begin buying and renovating foreclosed homes and selling them to low- and middle-income families, using $28 million in federal grants aimed at tackling the subprime mortgage crisis. They are among five counties ...
Valley Home Sales - KFSN
Fresno, CA, USA (KFSN) -- The valley housing market has been flooded with foreclosed homes, and houses that aren't selling. So some developers are changing their building plans. Realtors say first-time homebuyers are getting back in the game. And ...
Other Help For Struggling Homeowners - Wall Street Journal
This morning, FDIC chair Sheila Bair requested help from the government to turn troubled mortgages into more manageable ones, reports the WSJ . (Her full remarks can be read here .) The plan would give banks a financial incentive to help struggling ...
