News aggregator

Investors drove U.S. home sales up in March

Knowledge Plex News - 15 min 11 sec ago
WASHINGTON — Investors drove up U.S. home sales last month, plunking down cash to grab cheap homes at risk of foreclosure.
Categories: Housing

Home building rises, foreclosures a threat (Reuters)

Knowledge Plex News - 15 min 11 sec ago
Reuters - U.S. home building and permits for future construction rebounded strongly last month from February's weather-depressed levels, but a glut of housing on the market will make further gains difficult.
Categories: Housing

Fewer local, state homeowners entered foreclosure process last quarter

Knowledge Plex News - 15 min 11 sec ago
The number of homeowners entering foreclosure dropped sharply regionally and statewide last quarter, according to new figures LaJolla-based researcher DataQuick Information Systems released today. <br/> (BRIAN RAMSAY/bramsay@modbee.com) - Stanislaus County median home sale prices remained steady for September amid confusion over the foreclosure mess that has made national headlines.
Categories: Housing

Mortgage denied: Sometimes, for no good reason

Knowledge Plex News - 15 min 11 sec ago
Getting a mortgage just keeps getting tougher, and many homebuyers are getting rejected for loans they could easily afford.
Categories: Housing

American dream fades

Knowledge Plex News - 15 min 11 sec ago
Ongoing economic, financial and housing woes continue to hit Americans where they live — or used to.
Categories: Housing

Homeownership stays at lowest level in a decade (AP)

Knowledge Plex News - 15 min 11 sec ago
AP - The nation's homeownership rate remained at its lowest in more than a decade, hampered by a rise in foreclosures and weak demand for housing.
Categories: Housing

Home prices still tumbling

Knowledge Plex News - 15 min 11 sec ago
The robo-signing controversy is just another issue that the already sluggish housing market didn't need — but most analysts do not think it will have far-reaching impact.
Categories: Housing

Home prices haven't hit bottom yet

Knowledge Plex News - 15 min 11 sec ago
The robo-signing controversy is just another issue that the already sluggish housing market didn't need — but most analysts do not think it will have far-reaching impact.
Categories: Housing

Report: Las Vegas housing market saw September slump

Knowledge Plex News - 15 min 11 sec ago
The weak economic recovery in Southern Nevada kept buyers on the sidelines in one of the slowest Septembers in recent history for the Las Vegas housing market.
Categories: Housing

The money on Foursquare

Knowledge Plex News - 15 min 11 sec ago
Foursquare founder Dennis Crowley kicked up a firestorm last week when he said users "should get some kind of referrer's fee" when they get their online followers to buy items like movie tickets.
Categories: Housing

Haitians urged to evacuate tent cities as storm comes (AFP)

Knowledge Plex News - 15 min 11 sec ago
AFP - Haitian leaders urged many displaced in tent cities to evacuate Thursday as a deadly storm bore down on the quake-hit Caribbean nation, but thousands clung to their makeshift homes.
Categories: Housing

Las Vegas attorney indicted in 'Save Your House' foreclosure scam

Knowledge Plex News - 15 min 11 sec ago
A Las Vegas attorney and two others were indicted today for allegedly operating a foreclosure rescue scam in Las Vegas during 2008 and 2009, the Nevada Attorney General's office announced.
Categories: Housing

UNLV index signals slight gains ahead for Las Vegas economy

Knowledge Plex News - 15 min 11 sec ago
An index that predicts the Las Vegas economy rose for the second consecutive month.
Categories: Housing

U.S. sounds warning on healthcare costs

Knowledge Plex News - 15 min 11 sec ago
Federal government could be paying more than half of tab next year In a stark reminder of growing costs, the government estimated today that health care consumed a record 17.3 percent of all spending in the U.S. economy last year - or about $2.5 trillion.
Categories: Housing

Home energy retrofits: The bottom line

Knowledge Plex News - 15 min 11 sec ago
Investing to make your home more energy efficient may lower the bills, but it may not boost its price, partly because these investments aren't fully valued by appraisers.
Categories: Housing

Sheriff in Chicago Ends Evictions in Foreclosures

New York Times Article:

[link]

Chicago Tribune article:

[link]

Categories: Consumer, Housing

Foreclosure Legal Assistance Grants Available

The Institute for Foreclosure Legal Assistance, a project of the
Center for Responsible Lending (CRL) and managed by the National
Association of Consumer Advocates (NACA), is accepting applications
for foreclosure legal assistance grants for fiscal year 2009.

Funding is specifically earmarked to hire attorneys and legal support

Categories: Consumer, Housing

Free Foreclosure Webinar Hosted by Shriver Center on October 2

Helping Low-Income Tenants Avoid Post-Foreclosure Evictions

The Editorial Team of Clearinghouse Review: Journal of Poverty Law and
Policy, published by the Sargent Shriver National Center on Poverty
Law, invites you to attend this free, 75-minute webinar on Thursday,
October 2, 2008, at 11 a.m. Pacific time, noon Mountain time, 1 p.m.

Categories: Consumer, Housing

Re: [clearinghousereview_foreclosure] how to find additional affected parties

Is this a case where the scammer took title to the property? And his name
doesn't show up on the county property records on other properties?
If that's true, the only other suggestion I have is to check with your
secretary of state to see if he has any companies, llc's, etc., that he does
business as and then check your county property records again. if still
Categories: Consumer, Housing

how to find additional affected parties

We're considering filing a suit for damages against a foreclosure scam
artist whose actions helped to render our clients homeless. However,
we're somewhat pressed for resources and so it would be easier for us
to take the case if we knew we were going to be bringing down a
defendant who's victimized other vulnerable homeowners.
Categories: Consumer, Housing