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25% Decline in Foreclosures Nationwide in January

Foreclosures all over the country has dropped by over 25 percent last January. Completed foreclosures in several states harshly hit by foreclosures have also declined last month, compared to December of 2008. read more »
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Home Mortgage loan Problems Continue Despite Government Efforts

The country’s home mortgage troubles continue even as the Obama Administration and Federal Reserve plans continue to bolster failing economy. read more »
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Record 19 Million U.S. Homes Stood Vacant at End of 2008

A record 19 million U.S. houses stood empty at the end of 2008 as banks seized homes faster than they could sell them and prices continued to fall. read more »
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Top 10 US Housing Markets for 2009 with Their Predicted Bottom Median Prices

The housing fiasco involving foreclosure is not yet over. With S & P Case-Shiller’s 16.6 percent fall, there is more to come.
Here is the predicted [...] read more »
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Obama Proposes $300 Billion Tax Cuts to Help Ease Foreclosure

President-elect Barack Obama creates $300 billion tax cuts that aim to rescue foreclosure crisis and eventually save the economy. read more »
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FDIC Says One Thing While Treasury Department Says Another

The US Federal Deposit Insurance Company is set to work alongside the Treasury Department to improve the situation of foreclosures in the country. Ho[...] read more »
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US Foreclosures Rates Rise While California Numbers Go Down

Nationwide foreclosures statistics up from last year and from previous months. However, California rates down due to new foreclosure law. read more »
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Foreclosed Properties' Tenants Get Help Too

Tenants in foreclosed properties across the country are being helped by sheriffs, legislators and community associations to protect them from unlawfu[...] read more »
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"It Would Take Up To Four Years for the Housing Market to Stabilize"

Tom Suozzi, county executive of New York's Nassau County, has launched Long Island's Housing Crisis Task Force to stabilize the housing market and [...] read more »
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Unemployment Generates Foreclosures and Collapsing The Mortgage Industry

Foreclosures that were previously caused by bad loans and poor payment management have shifted gear and are now driven by unemployment or lost of inc[...] read more »
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Dodd Urges Bush Administration to Focus on Foreclosure Efforts

Senate Banking Committee Chairman criticizes the government for failure to dedicate resources and attention to homeowners on the verge of foreclosure[...] read more »
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