Foreclosures are still hot and heavy, although they’ve started to slow down in some areas that have been hard hit. The reason they’ve slowed is because at some point there could only be so many homes left that could be foreclosed upon; it’s certainly not that the economy has improved all that much. The strange […]

For the first time in 18 months, foreclosures actually slowed down, giving the housing industry a little bit of relief. But only a little bit of relief because it’s definitely only temporary. What caused the reduction? Two main things occurred. One, the federal government and state attorney generals started investigations into “robo-signing” of all those […]

Foreclosures have changed the housing industry more than anyone can imagine. They’re the fault of banks; my opinion. They’ve also ended up hurting a lot of banks, and that story is told over and over by the number of banks that have closed because of it. But the overall housing industry is reeling. Here’s the […]

The housing industry has been in an uproar for a few years now, and things are starting to come to a head. First we hear about robo-signing of foreclosures. Next all 50 states and the federal government ask banks to stop foreclosures until this practice can be evaluated; some banks do it, then decide they’re […]

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