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Housing

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Market-ticker.org

These "record keeping" lapses are not an occasional error or problem; they're systemic and intentional. Now, having been caught, the excuses have become manifest and outrageous.The borrower does not deserve to be raped simply because...

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ZeroHedge.com

It’s not uncommon for vacant homes to be stripped of copper and appliances. That’s why it isn’t nuts to keep homeowners in place even when they are severely delinquent if the local property market is so backed up that a home won’t be sold...

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CNBC.com

Investors want to rehab these places and flip them as soon as possible, but today they are being forced to put them up for rent as first-time buyer demand is still weak.

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CalculatedRiskBlog.com

There are plenty of problems in California, but nothing like Florida. Florida has 57% the number of mortgages as California, but more delinquent loans. In most ways, dividing this by states is arbitrary - except the foreclosure process matters.

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OfTwoMinds.com/blog

To say that housing losses are a financial disaster is a modest understatement. I do not think that most people really comprehend how true this is. The main reason this is so is first, leverage and second, the fact the US economy...

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ZeroHedge.com

There is a separate market for higher end (and Uber high-end) properties that have been trying to get sold for several years. Finding buyers is very hard. Prices have come down a bunch. As much as 50%; but there is still too many properties.

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