Former California Homeowners Lash Out at Builder

on April 7, 2010 by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off

The protest was the latest effort to pressure KB Home, one of the nation’s largest home builders, to change its lending policies.
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Banks Starting to Walk Away on Foreclosures

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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 […]

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Falling Prices Draw First-Time Home Buyers

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Severe declines in real estate values are helping buyers who were previously priced out: middle-class families with steady jobs.
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The Start of a Crisis, Through the Lens of Avis

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Policy makers keep trying to connect the financial crisis to the day-to-day economy, but their examples tend to be hypothetical.
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Unexpected Jump in Home Sales in February

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Existing-home sales rose as buyers scooped up foreclosure properties, but the median sales price fell 15.5 percent.
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Dissecting Bank Plan for a Way to Profit

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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 > […]

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