Housing Crisis

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Latest blogosphere posts tagged “Housing Crisis”

  • Housing Crisis Far From Over


    LoanWorkout.orgAuthority Authority: 146
    “The housing crash is not over,” Zandi said.The meltdown of the U.S. housing market is not over yet, and home prices will soon start trekking downward again as a flood of foreclosures looms, a well-known economist said on Wednesday.Mark Zandi, chief economist at Moody’s Economy.com in West Chester, Pennsylvania, ...
    3 days ago
  • Mortgage Fixes Broken


    Main StreetAuthority Authority: 132
    Last week we reported that while the number of home foreclosures in 2009 would likely set a new record for the second consecutive year, analysts say the wave of foreclosures won’t peak until 2011.The next day the Wall Street Journal reported that one-quarter of U.S. homeowners are “underwater”, meaning they owe ...
    3 days ago
  • "The US has exported an economic model with the idea that everyone can organise themselves under that..."


    homo superior curates the WebAuthority Authority: 436
    ““The US has exported an economic model with the idea that everyone can organise themselves under that model. It’s very important for the rest of the world to know who fits in to this model and who is excluded,” she tells her audience.” - UN studies homeless victims of American property dream | World ...
    3 days ago
  • Mortgage Fixes Broken « Main Street


    Mortgage onlineAuthority Authority: 161
    These so-called underwater mortgages pose a roadblock to a housing recovery because the properties are more likely to fall into bank foreclosure and get dumped into an already saturated market.
    3 days ago
  • Tales from Bailout Nation Pt. XXII


    Beers with DemoAuthority Authority: 479
    How is it that you know any nascent recovery in the housing market may not be all that it’s cracked up to be? When the Feds threaten even more meddling and leaning-on than they already have, that’s how. Looking to jumpstart its foreclosure prevention plan, the Obama administration announced new steps Monday to ...
    4 days ago
  • The FHA’s Fancy New Standards


    Understanding GovernmentAuthority Authority: 437
    At least one part of the Obama administration is trying to do something about abusive mortgage lending. The Washington Post’s Dina ElBoghdady reports that Housing and Urban Development’s Federal Housing Administration wants stricter requirements on the home loans that it has traditionally insured — one of ...
    4 days ago
  • FHA: Go Broke First, Tighten Standards Later


    Sense on CentsAuthority Authority: 433
    When will those charged with spending taxpayer money treat associated responsibilities with the seriousness they deserve? Indiscriminately and wastefully allocating taxpayer funds is not merely a question of competence but, in my opinion, a question of patriotism. The Obama administration’s support of our ...
    4 days ago
  • Housing Meltdown, Ground Zero (Andy Kroll)


    Dollars & Sense blogAuthority Authority: 423
    The latest from TomDispatch . Heres Toms introduction to the article: Talk about a devastated landscape... Any which way you look, the housing numbers are relentlessly bad. For example, 23% of U.S. homeowners owe more on their mortgages than their properties are worth, according to Ruth Simon and James R. Hagerty ...
    5 days ago
  • Obama Socialized Housing Policy: If At First You Don’t Succeed . . . Try, Try, Again


    NO QUARTERAuthority Authority: 548
    The fact that the Obama administration is reticent to release data pertaining to completed mortgage modifications speaks volumes as to the lack of success of this initiative. With almost a third of American homeowners now ‘underwater’ on their mortgages, Obama and team are sticking to their game plan to modify ...
    5 days ago
  • NQRs Sense on Cents with Larry Doyle - Dec 07,2009


    No Quarter Radio -- Live Internet Talk | Blog Talk Radio FeedAuthority Authority: 456
    Get an hours worth of common sense about the economy, the markets, Wall St. and Main St. with Larry Doyle, a Wall St. veteran and NoQuarterUSA blogs financial contributor.And dont forget . . . if you need some direction navigating the economic landscape, please visit Larry Doyles blog, Sense on Cents. Economics ...
    5 days ago
  • HAMP is a scam


    The Economic Populist - Speak Your Mind 2 Cents at a TimeAuthority Authority: 594
    The Obama administration’s Home Affordable Modification Program has been touted as a savor of distressed homeowners across America. The problem is that the numbers show an entirely different story. More than 650,994 loan revisions had been started through the Obama administration’s Home Affordable ...
    5 days ago
  • Obama Socialized Housing Policy: If At First You Don’t Succeed . . . Try, Try, Again


    Sense on CentsAuthority Authority: 433
    The fact that the Obama administration is reticent to release data pertaining to completed mortgage modifications speaks volumes as to the lack of success of this initiative. With almost a third of American homeowners now ‘underwater’ on their mortgages, Obama and team are sticking to their game plan to modify ...
    5 days ago
  • Investors: How to show you truly care in 2010; Save a Foreclosure!


    Real Estate Investing For Real | A BiggerPockets Investment Property BlogAuthority Authority: 479
    In today’s market, more and more people are losing their homes; this is plain fact. The second one of your fellow Americans start to fall behind in their mortgage payments they begin to suffer greatly. They start to anguish mentally the second they know they cannot make the mortgage payment. They go through a ...
    6 days ago
  • Robert Reich: The Housing Crisis and Wall Street Shame


    BuzzFlash.net: publishedAuthority Authority: 459
    One out of four homeowners is now under water, owing more on their homes than the homes are worth. Why? The biggest single factor behind the housing crisis is rising unemployment. According to the latest ABC-Washington Post poll, one out of every three Americans has either lost their job or lives in a household with ...
    6 days ago
  • The Housing Crisis and Wall Street Shame


    Wall Street PitAuthority Authority: 643
    One out of four homeowners is now under water, owing more on their homes than the homes are worth. Why? The biggest single factor behind the housing crisis is rising unemployment. According to the latest ABC-Washington Post poll, one out of every three Americans has either lost their job or lives...
    1 week ago
  • Batchelor: Flipping Dubai World


    RBOAuthority Authority: 527
    John Batchelor writes on his blog:Carpet-Cleaning Luck CALCULATED RISK’S deeply ironic real estate reporter Jim the Realtor takes his hand-held robot to a high-end jungle of foreclosures at Carlsbad in San Diego County. Jim observes “A hotbed of foreclosure activity in Southeast Carlsbad…” The centerpiece ...
    1 week ago
  • FM newswire for 27 November, hot articles for your morning reading


    Fabius MaximusAuthority Authority: 520
    Today’s broadsheet from the FM website pressroom.  There are 4 sections, all with hot news.Links to interesting news and analysisDoomster nonsense of the day: China May Demand Physical GoldFeature article of the day, proof that science report is improvingPlus, an Afterword(1)  Today’s links“Teabagging ...
    1 week ago
  • Fiscal Calamity Brought On By Clueless Troublemakers


    StupidicaAuthority Authority: 177
    Yesterday was a typical day on Wall Street. The Dow fell a little. Oil slipped a little. The dollar held steady at $1.49 per euro, about where it has been for months. And the price of gold went up. No matter what else happens, gold seems to go up. Watch out, though. This gold market is ready for a correction. As we ...
    1 week ago
  • Fiscal Calamity Brought On By Clueless Troublemakers


    The Daily ReckoningAuthority Authority: 613
    Yesterday was a typical day on Wall Street. The Dow fell a little. Oil slipped a little. The dollar held steady at $1.49 per euro, about where it has been for months. And the price of gold went up. No matter what else happens, gold seems to go up. Watch out, though. This gold market is ready for a correction. As we ...
    1 week ago
  • Almost a quarter of all mortgages under the water line


    David KirkpatrickAuthority Authority: 438
    Ouch . This economy just doesn’t look or feel any better right now. I just had a major project for this year — a project on standby for around five months — move into the “not likely to happen” file. At least I’m ahead of the game on my mortgage. From the link: In a sign that more foreclosures could be ...
    1 week ago

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