Posts In Category Credit
Banks Starting to Walk Away on Foreclosures
on April 7, 2010 by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off
Banks are quietly declining to take possession of properties at the end of the foreclosure process because the cost of the ordeal exceeds the value of the real estate. Read […]
Falling Prices Draw First-Time Home Buyers
on by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off
Severe declines in real estate values are helping buyers who were previously priced out: middle-class families with steady jobs.
Read full story: NYT > Foreclosures
The Start of a Crisis, Through the Lens of Avis
on by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off
Policy makers keep trying to connect the financial crisis to the day-to-day economy, but their examples tend to be hypothetical.
Read full story: NYT > Foreclosures
Unexpected Jump in Home Sales in February
on by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off
Existing-home sales rose as buyers scooped up foreclosure properties, but the median sales price fell 15.5 percent.
Read full story: NYT > Foreclosures
Dissecting Bank Plan for a Way to Profit
on by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off
Bankers and traders have begun the complex financial calculus of the latest bank rescue plan, with a goal of finding ways to profit from it. Read full story: NYT > […]
Banking Plan Propels Wall St. to Best Day in Months
on by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off
Details of the government’s plan to fix problems at the country’s banks brought a glimmer of hope for a recovery to Wall Street.
Read full story: NYT > Foreclosures
