Foreclosures up in Texas, down across nation
1 hr ago | via The New Braunfels Herald
The number of homeowners on the verge of losing their homes to foreclosure fell for the fourth straight month in the United States. Comment?
Chamber touts Forbes BR ranking
2 hrs ago | via WBRZ
The Baton Rouge Area Chamber is touting a Forbes magazine ranking that places Baton Rouge among the 10 cities recovering best from the recession. Comment?
a Toxic Titlesa Worth Less than Cost of Foreclosure:...
5 hrs ago | via Housing Wire
Elizabeth Duke, a governor on the board of the Federal Reserve System , speaking at the Community Stabilization Symposium in Harbor, Md., said recent increases in foreclosures only a oeexacerbated a pre-existing vacancy problemsa in certain cities. Comment?
Texas Association of Realtors Names Travis Kessler CEO
Tuesday | via The South Mississippi Sun Herald
Experienced Realtor association executive selected in nationwide search to lead state's largest association AUSTIN, Texas, Dec. Comment?
November existing home sales rise in most of Tarrant...
Tuesday | via Fort Worth Star-Telegram
Most parts of Tarrant County saw increases in existing home sales in November from a year earlier, a sign that the first-time home-buyer tax credit has boosted activity. Comment?
Foreclosure filings fall 8 percent in November
5 min ago | via Bradenton Herald
The number of homeowners on the brink of foreclosure fell in November, the fourth straight monthly decline, as mortgage companies evaluated whether borrowers were eligible for help. Comment?
US home values plunge $5.9 trillion
7 min ago | via The Boston Globe
US homeowners have lost about $5.9 trillion in value since the housing market's peak in March 2006 as mounting foreclosures and the recession weighed on prices, according to Zillow.com . Almost half a trillion dollars was wiped out this year through November as housing headed for a third straight annual decline. Comment?
Former bank manager pleads guilty to fraud
9 min ago | via The Boston Globe
A former Bank of America assistant manager pleaded guilty to nine counts of wire fraud yesterday in federal court for creating false documents to secure mortgage loan applications at the bank's Fields Corner Branch in Dorchester. Comment?
Mortgage company accounts scrutinized
9 min ago | via Concord Monitor
A federal bankruptcy judge has allowed a trustee overseeing the liquidation of a Lakes Region investment firm to get access to the company's bank accounts. Comment?
Geithner: bailout program extended to October
11 hrs ago | via The Toronto Star
WASHINGTON Treasury Secretary Timothy Geithner told Congress Wednesday that the administration will extend the government's financial bailout program until next fall, saying it's needed to protect against fresh economic shocks. Comment?