From the daily archives:

Saturday, December 19, 2009

Foreclosure backlog estimated at 1.7M – The Associated Press


MiamiHerald.com
Foreclosure backlog estimated at 1.7M
The Associated Press
WASHINGTON About 1.7 million homeowners were on the verge of foreclosure in the fall, a looming "shadow inventory" of homes that will be put up for sale
Foreclosure Backlog Hits 1.7 Million Homes24/7 Wall St. (blog)
Elmira foreclosure and mortgage delinquency rates increaseElmira Star-Gazette
Backlog of foreclosures estimated at 1.7 million, likely to hold back home Gaea Times (blog)
Poughkeepsie Journal
all 195 news articles »

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Members of Common Ground are determined to reverse the trend of foreclosure filings. They want to do more than spread awareness, they want to take action and their main targets are large national banks.

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Report: Housing Prices Could Tumble Again If More Foreclosures Aren’t Prevented – AlterNet


Modesto Bee
Report: Housing Prices Could Tumble Again If More Foreclosures Aren't Prevented
AlterNet
By The Huffington Post News Team, Huffington Post Foreclosure prevention efforts need to become vastly more effective or housing prices will resume their
Obama Refinance Plan Making Home Affordable to Avoid ForeclosureSubprime Blogger (blog)
Lenders a failure at mortgage modificationMarketWatch
Is There A Modification For The Loan-Modification Program?istockAnalyst.com (press release)
CBS News (blog) -BNET -MiamiHerald.com
all 53 news articles »

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Sick of Renting? Buy a Foreclosure – Military.com


Reuters
Sick of Renting? Buy a Foreclosure
Military.com
But, many renters may soon join the ranks of home owners by buying up foreclosures. Purchasing a foreclosed home seemed like a smart investment when the
PODCAST: Forecast for Foreclosures in 2010TheStreet.com
Foreclosures Looking Through The Eyes Of An ExpertReal Estate News | BiggerPockets.com (blog)
Survey shows buyers of foreclosed houses are looking to 'trade up'American Chronicle
The Epoch Times -Chicago Sun-Times -Boston Globe (blog)
all 110 news articles »

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Common Misconceptions About Foreclosure

by Tony on December 19, 2009

Dave Dinkel reveals a few misconceptions about foreclosure and ways to stop foreclosure

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