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Southern New Jersey foreclosures decreased in February but still higher than a year ago (Press of Atlantic City)

Foreclosures filings in southern New Jersey in February were again down from the previous month, but generally remained higher than the same period a year [...]

Separating the Good Miami Beach Foreclosures from the Bad (Turks.US)

Investing or simply even buying Miami Beach foreclosures can be tough. Aside from the fact that many of these properties are considered risky purchases, you still need to know the several considerations governing the buying [...]

Housing activity on the mend, but pricey homes still lagging – Finance and Commerce

Housing activity on the mend, but pricey homes still lagging
Finance and Commerce
Since more traditional homes are selling and they are at higher prices than foreclosures or short sales, this pushes the median sales price up.
Home prices rise again in FebruaryBizjournals.com



all 6 news [...]

System for funding legal aid is broken – Weblogs.baltimoresun.com

At a time when record numbers of Marylanders are struggling with foreclosure, eviction or loss of health and unemployment benefits, non-profit legal aid groups that help people pursue their rights in court are increasingly unable to do their job [...]

Short sales become foreclosure alternative | Philadelphia Inquirer | 03/10/2010 – Philadelphia Inquirer


NuWire Investor (blog)
Short sales become foreclosure alternative | Philadelphia Inquirer | 03/10/2010
Philadelphia Inquirer
days after the borrower either is ruled ineligible for mortgage modification under HAMP or has been ruled unable to sustain payments under a trial plan.
Government to push lenders to do short salesSan Francisco Chronicle


Obama Foreclosure-Prevention Plan Lagging, New Data Shows (EXCLUSIVE)Huffington Post (blog)
Will Short Sales Save Housing?TIME (blog)
Examiner.com -NuWire Investor (blog)
all 10 news [...]

Bank Padlocked Wrong House and Took Parrot – Wall Street Journal


Telegraph.co.uk
Bank Padlocked Wrong House and Took Parrot
Wall Street Journal
Mortgage lenders have struggled in the past three years to hire and train enough people to deal with the biggest wave of foreclosures since the 1930s.
Bank of America Hijacks Parrot, Forecloses Wrong HouseAmerican Consumer News (blog)


Woman says Bank of America wrongly repossessed homePittsburgh Post Gazette

all 301 news [...]

Budget address live blog – Quinn proposes one percent … – The Capitol Fax Blog

Quinn is playing politics but that may be the way to go…..seems politics is the name of the game. When you spend more than you take in, you have to find another source of revenue. Dangling Education over the ledge is a dare I hope the Govenor wins [...]

LGBT Center looks to San Francisco for bailout – San Francisco Chronicle

Eight years after opening with great fanfare, San Francisco’s city-subsidized, $12.3 million Lesbian, Gay, Bisexual and Transgender Community Center is on the verge of foreclosure – and is asking the cash-strapped city for a $1 million line of credit [...]

US banks’ loan losses will drag into 2011 -Moody’s – Reuters

US banks' loan losses will drag into 2011 -Moody's
Reuters
"Mortgage modification programs have had an impact," he said, together with the continuing decline of the commercial real estate market.
No wonder Canadian banks are waryGlobe and Mail (blog)



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Unemployment Climbed in 30 U.S. States, Fell in Nine … – Bloomberg

March 10 (Bloomberg) — Unemployment decreased in nine U.S. states in January, led by an improvement in Michigan that demonstrates factories are driving the economic rebound. Michigan’s jobless rate fell to 14.3 percent, still the highest in the [...]