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Friday, February 19, 2010
Light at end of foreclosure tunnel?
By MATT CARTER The percentage of loans in the foreclosure process ticked up to a new record high in the final three months of 2009, and could continue to climb depending on the fate of a record number of borrowers who are "seriously delinquent," or behind on their payments by 90 days or more, the Mortgage Bankers Association said today. However, the percentage of mortgages 30 days past due eased from the third quarter to the fourth, a concrete sign of a "beginning of the end" of an unprecedented wave of mortgage delinquencies that began in early 2007, MBA Chief Economist Jay Brinkmann said. More »
Fed acts for appearance's sake
Commentary: Discount-rate hike calms inflation hawks without actual tightening
Home-price declines ease in December
Report: National prices down 28.2% from peak
Technology will never replace agents
Letter to the Editor
A triple whammy for townhouse buyer
Home Sale Hindsight
NOTABLE QUOTE
"These days, lenders are all about minimizing the risk that the buyer will walk away from their unit and/or run up big liens and other bills that are secured by the unit, like back property taxes and past-due HOA dues." --Tara-Nicholle Nelson
HOME IMPROVEMENT
Snow removal with a smile
Pros' guide to chimney removal
Putting a price on foundation repairs
More Home Improvement »
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