• http://www.businessinsider.com, New Deal democrat
This morning's Case Shiller report for June showed prices in the 20 city composite rising YoY for the first time since 2007, with the exception of a few months during the $8000 home buying tax credit in 2010.
Just a pondering I hoped you might be able to give me some insight on, I'm either to young or didn't know it because we were too poor to notice, but I've never experienced a significant economic decline in my life.
Federal prosecutor Matt Martens was able to rig both the prosecution and the defense by seizing Sprouse’s assets and forcing her to drop her attorney and depend upon public defenders that had no intention of mounting a defense.
The Eco-Dome is a small home design of approximately 400 square feet (40 sq. meters) interior space. It consists of a large central dome, surrounded by four smaller niches and a wind-scoop, in a clover leaf pattern.
With an average elevation of just five feet above sea level, the Maldives—a nation comprising 1,192 islands in the Indian Ocean—is the lowest country in the world. Sea level, meanwhile, has risen by about seven inches since 1900...
Lenders like Bank of America Corp and Wells Fargo & Co say they are facing mounting pressure to buy back bad mortgages they sold to investors, signaling that banks' home-loan headaches could continue for years.
Investors like Fannie Mae and Freddi
Desperate for a way out of a housing collapse that has crippled the region, officials in San Bernardino County, are exploring a drastic option — using eminent domain to buy up mortgages for homes that are underwater.
Outdated state laws allow big banks and other investors to reap windfall profits by buying the houses for a pittance and reselling them, the National Consumer Law Center said in a report being released Tuesday.
Local governments can seize and sell
The legislation would bar banks from moving ahead with foreclosures while still negotiating with homeowners over loan modifications. It would also allow lawsuits against banks for so-called "robo-signing,"
A recent U.S. Federal Reserve study found that in states requiring a judicial review for foreclosure, delays associated with the process had no measurable long-term benefits and often prolonged the problems with the housing market.
Foreclosure starts rose year-over-year in May for the first time in more than two years as banks resumed dealing with distressed properties after a mortgage abuse settlement earlier this year, data firm RealtyTrac said on Thursday.
Members of Occupy Minnesota are accusing police of abusing their power by using physical violence to arrest demonstrators peacefully protesting at a foreclosed home in Minneapolis.
“In the latest incident in an ongoing showdown, officers violently
I first came to national attention back in 2008 and 2009 when the housing and credit markets imploded. I became known as the guy that other market “experts” laughed at when I warned of trouble brewing in the seemingly indestructible American economy.