Archive for February, 2008

29th February

Builders Threaten Congress…and other foreclosure news!

  1. Facing Default, Some Walk Out on New Houses (nytimes.com)
  2. Foreclosure victim on bailout: ‘No way, Jose!’ (latimesblogs.latimes.com)
  3. San Fernando Valley prices down 24% in 7 months (latimesblogs.latimes.com)
  4. Moody’s eyes Fannie Mae downgrade (money.cnn.com)
  5. Fannie Proposes Ban on Lenders’ Fraud, Much Too Late (bloomberg.com)
  6. Firemen Paid Over $200,000 Drive CA city to Bankruptcy (nalert.blogspot.com)
  7. CA, preparing to borrow, faces cold market for munis (latimes.com)
  8. Let Houses Find a Bottom (gotapex.com)
  9. The Worst-Case Scenario for Housing (usnews.com)
  10. Bernanke Readiness to Cut Rates Stokes Inflation (bloomberg.com)
  11. Fallacy of Inflation Targeting (Mish)
  12. Builders threaten Congress (sfgate.com)
  13. Outlook for U.S. banks just got gloomier (financialpost.com)
  14. Regulators are bracing for 100-200 bank failures (cnn.com)
  15. Affordability (irvinehousingblog.com)
  16. House Prices Across the Nation (nytimes.com)
  17. Don’t follow herd on the economy (cnn.com)
  18. Declining House Prices, Rising Mortgage Rates (seekingalpha.com)
  19. Reckoning for a Real Estate Mogul (money.aol.com)
  20. Jackson faces loss of Neverland ranch (independent.co.uk)
Share This Story:These icons link to social bookmarking sites where readers can share and discover new web pages.
  • blogmarks
  • co.mments
  • del.icio.us
  • De.lirio.us
  • digg
  • Fark
  • Furl
  • Ma.gnolia
  • NewsVine
  • Reddit
  • YahooMyWeb
28th February

Drop in House Prices Accelerating…and more foreclosure news!

  1. Yet Another Bad Month for the Case-Shiller HPI (piggington.com)
  2. Case-Shiller Home Price Data Shows Record Declines (seekingalpha.com)
  3. Housing Prices Are Still Headed Down (seekingalpha.com)
  4. Drop in house prices accelerating (nctimes.com)
  5. House-price fall accelerating (money.cnn.com)
  6. No end in sight: Housing in freefall (iht.com)
  7. San Francisco prices down 13% from peak (eastbayhousingbubble.blogspot.com)
  8. Record housing drop hurts coasts worst (articles.moneycentral.msn.com)
  9. Short Sales Are “Fake Listings” (blog.franklyrealty.com)
  10. Democratic housing bill will be vetoed by the White House (money.cnn.com)
  11. Fed ready to cut interest rates again (news.yahoo.com)
  12. Dollar Trades Near Record Low Against Euro on Rate Differential (bloomberg.com)
  13. FDIC to add staff as bank failures loom (blacklistednews.com)
  14. Banks to unveil billions more in write-downs (marketwatch.com)
  15. As housing bubble bursts, students could benefit (mndaily.com)
  16. ‘Solutions’ the public hates (nypost.com)
  17. Door Could Open To Class Actions (washingtonpost.com)
  18. The father of two children hanged because of the mortgage (translate.google.com)
Share This Story:These icons link to social bookmarking sites where readers can share and discover new web pages.
  • blogmarks
  • co.mments
  • del.icio.us
  • De.lirio.us
  • digg
  • Fark
  • Furl
  • Ma.gnolia
  • NewsVine
  • Reddit
  • YahooMyWeb
27th February

Homes in Bubble Regions Remain Wildly Overvalued…and other foreclosure news!

  1. Foreclosure Handouts Rising, as Is Dissent (nytimes.com)
  2. Homes in Bubble Regions Remain Wildly Overvalued (finance.yahoo.com)
  3. House prices still have a long way to fall (sfgate.com)
  4. Confidence plunges, inflation rate soars (news.yahoo.com)
  5. As Inflation Rises, House Values Slump, Data Show (nytimes.com)
  6. Sacramento house prices tumble 28 percent (bizjournals.com)
  7. Shea Homes halts development in Santa Clara, Mountain View (bizjournals.com)
  8. Palm Beach County fell 12% in January (sun-sentinel.com)
  9. S&P/Case-Shiller House Prices Fell 9.1% in December (bloomberg.com)
  10. FDIC gears up for bank failures as ‘problem’ banks soar (bloggingstocks.com)
  11. Housebuyer Patience Triumphs in a Waiting Game (bloomberg.com)
  12. States Seek To Soak Taxpayers as Subprime Boosts Interest Rates (bloomberg.com)
  13. January foreclosures up 57 percent in year (reuters.com)
  14. U.S. House Foreclosures Jump 90% as Mortgages Reset (bloomberg.com)
  15. Housing slump causes U.S. to weigh another big bailout (csmonitor.com)
  16. Let market forces work their way to bail the system out (business24-7.ae)
  17. The next bubble: Priming the markets for tomorrow’s big crash (harpers.org)
  18. Injecting Accountability into the Credit Crisis (seekingalpha.com)
  19. Latest Case-Schiller Report Shows the Sky is Falling (seekingalpha.com)
  20. Speech Not Actually Free (socalbubble.com)
Share This Story:These icons link to social bookmarking sites where readers can share and discover new web pages.
  • blogmarks
  • co.mments
  • del.icio.us
  • De.lirio.us
  • digg
  • Fark
  • Furl
  • Ma.gnolia
  • NewsVine
  • Reddit
  • YahooMyWeb
26th February

Gradual House Price Drop is Good: Shiller…and other foreclosure news!

  1. Gradual house price drop is good: Shiller (reuters.com)
  2. Orange County Prices Continue To Drop (ocbj.com)
  3. Existing House Sales Decline (sfgate.com)
  4. Existing house sales slip and prices tumble (reuters.com)
  5. House sales slip 0.4% in January despite drop in prices (money.cnn.com)
  6. Existing House Sales “Slipped” 23.4% (seekingalpha.com)
  7. House Resales Fall to Nine-Year Low (bloomberg.com)
  8. House Resales and Prices Decline (nytimes.com)
  9. Still Pretending (jameshowardkunstler.typepad.com)
  10. How Much House Does $201,100 Median Price Buy? (blogs.wsj.com)
  11. Mortgage Crisis Triggers Walk Aways (joelkotkin.com)
  12. A sobering 12-step scenario (financialweek.com)
  13. The Credit Crunch Explained (irvinehousingblog.com)
  14. Borrowers Are Out In the Cold (newsweek.com)
  15. Fear sends credit spreads soaring (theaustralian.news.com.au)
  16. The Un-Credible Fed (minyanville.com)
Share This Story:These icons link to social bookmarking sites where readers can share and discover new web pages.
  • blogmarks
  • co.mments
  • del.icio.us
  • De.lirio.us
  • digg
  • Fark
  • Furl
  • Ma.gnolia
  • NewsVine
  • Reddit
  • YahooMyWeb
25th February

Banks Fail to Prove Loans Exist…and other foreclosure news!

  1. Banks Fail To Prove Loans Exist (bloomberg.com)
  2. Houseowners Losing Equity Credit Lines (washingtonpost.com)
  3. House flu hits down under (business.theage.com.au)
  4. 15,255 Foreclosures For Sale on Countrywide Website (countrywide-foreclosures.blogspot.com)
  5. Rescues for Homeowners in Debt Weighed (nytimes.com)
  6. Comments on bailout for irresponsible debtors (community.nytimes.com)
  7. After subprime debacle, U.S. wrestles with question of bank bailouts (iht.com)
  8. Lenders Fighting Mortgage Rewrite (washingtonpost.com)
  9. Housing bailout can’t really be a good idea (marketwatch.com)
  10. Sorting the Victims From Those Who Volunteered (nytimes.com)
  11. Bank of America Asks Congress for a $739 Billion Bank Bailout (Mish)
  12. Banks want “an epic rescue plan” (latimesblogs.latimes.com)
  13. Fannie and Freddie Losses To Offer Gauge on Defaults (sott.net)
  14. Which is the Most Accurate House Price Index? (seekingalpha.com)
  15. Defaults catch residents by surprise (venturacountystar.com)
  16. Where housing is headed (money.cnn.com)
  17. Record number of houseowners say their houses depreciated (news.moneycentral.msn.com)
  18. One in 10 mortgages is under water (news.yahoo.com)
  19. Further underwater soon? (nytimes.com)
  20. Suburbs: The Next Slum? (theatlantic.com)
Share This Story:These icons link to social bookmarking sites where readers can share and discover new web pages.
  • blogmarks
  • co.mments
  • del.icio.us
  • De.lirio.us
  • digg
  • Fark
  • Furl
  • Ma.gnolia
  • NewsVine
  • Reddit
  • YahooMyWeb
22nd February

This Crash is Like the Others Before It…and other foreclosure news!

  1. New tactic: Don’t forgive debt; postpone repayment (money.cnn.com)
  2. Rescues For Foolish Borrowers Weighed (nytimes.com)
  3. FBI Will Not Go After Borrowers Who Lied (homeguide123.com)
  4. States and FBI Preparing Loan Fraud Crackdown (lasvegassun.com)
  5. Has housing lost its investment appeal? (lansner.freedomblogging.com)
  6. A Sign Of Buyer Sentiment (thehousingbubbleblog.com)
  7. Foreclosures top sales in Las Vegas (lasvegassun.com)
  8. Deputies called to oust foreclosure squatters (avpress.com)
  9. Mortgage rates skyrocket (bankrate.com)
  10. The Inflation Con Game (seekingalpha.com)
  11. That 70’s Look: Stagflation (nytimes.com)
  12. The breakdown of Wall Street alchemy (atimes.com)
  13. Analysts see trouble at investment banks (news.moneycentral.msn.com)
  14. German State-Owned Banks on Verge of Collapse (spiegel.de)
  15. Economist sees house prices down 20 percent (reuters.com)
  16. This crash is like the others before it (economics.harvard.edu)
  17. Zillow estimate of $200,500 is very wrong: (zillow.com)
     Same house is actually for sale at $137,900 (realestate.yahoo.com)
Share This Story:These icons link to social bookmarking sites where readers can share and discover new web pages.
  • blogmarks
  • co.mments
  • del.icio.us
  • De.lirio.us
  • digg
  • Fark
  • Furl
  • Ma.gnolia
  • NewsVine
  • Reddit
  • YahooMyWeb
21st February

California in a Freefall…and other foreclosure news!

  1. California Housing Prices (bp0.blogger.com)
  2. California median house price down 17 percent (last paragraph) (businessweek.com)
  3. California in a Freefall (lendingsanity.com)
  4. Lots And Lots To Worry About (raymondjames.com)
  5. Mortgage demand plunges as interest rates soar (news.yahoo.com)
  6. Mortgage application volume plummets (businessweek.com)
  7. Mortgage Rates Spike Despite Rate Cuts (seekingalpha.com)
  8. Fed’s Poole Warns Rate Cuts Bring Inflation “Costs” (bloomberg.com)
  9. Inflation gathers steam, housing slides (news.yahoo.com)
  10. US Fed slashes growth forecasts (news.bbc.co.uk)
  11. You Get the Government You Deserve (finance.yahoo.com)
  12. If things are bad, how come we’re shopping? (business24-7.ae)
  13. Free rent to care for vacant houses? (hometenders.net)
  14. Living In Luxury In Shaky Real Estate (kutv.com)
  15. Higher conforming mortgage limit won’t help many (marketwatch.com)
  16. Subprime loans failing even before resets (money.cnn.com)
  17. Owners strip houses before banks take them back (sptimes.com)
  18. Credit Market Bottom Nowhere In Sight (seekingalpha.com)
  19. The NAR is the Black Knight; The housing crash is Arthur (youtube.com)
Share This Story:These icons link to social bookmarking sites where readers can share and discover new web pages.
  • blogmarks
  • co.mments
  • del.icio.us
  • De.lirio.us
  • digg
  • Fark
  • Furl
  • Ma.gnolia
  • NewsVine
  • Reddit
  • YahooMyWeb
20th February

Wall Street Faces Fury Over Subprimes…and other foreclosure news!

  1. Banks quietly borrow $50 billion from Fed (news.yahoo.com)
  2. Signs Point To Banking Crisis Getting Much Worse (247wallst.com)
  3. U.K.’s Northern Rock Move Highlights Risk to Taxpayers (online.wsj.com)
  4. America’s economy risks the mother of all meltdowns (news.yahoo.com)
  5. Wall Street Faces Fury Over Subprimes (biz.yahoo.com)
  6. Mortgage Lenders Toast Wall Street with Kool Aid (seekingalpha.com)
  7. Turning a Costly Blind Eye to Mortgage Speculators (seekingalpha.com)
  8. Median LA listing prices down $110K from peak (latimesblogs.latimes.com)
  9. Preventing foreclosures: Why bother? (latimesblogs.latimes.com)
  10. The REAL American Dream: It’s NOT Owning A House! (erica.biz)
  11. Forclosure Map Of Vegas (foreclosurepulse.com)
  12. Loans go bad as English housing bubble pops (latimes.com)
  13. Inflating Away Debt (minyanville.com)
  14. Vallejo On Brink Of Bankruptcy (nbc11.com)
  15. Midwage jobs vanish in Silicon Valley (sfgate.com)
  16. Obama says Clinton’s housing plan helps rich (reuters.com)
  17. Housing: Is it Going to Get Worse Before it Gets Better? (seekingalpha.com)
  18. Homeless Woman Approved for $470,000 Mortgage (efinancedirectory.com)
Share This Story:These icons link to social bookmarking sites where readers can share and discover new web pages.
  • blogmarks
  • co.mments
  • del.icio.us
  • De.lirio.us
  • digg
  • Fark
  • Furl
  • Ma.gnolia
  • NewsVine
  • Reddit
  • YahooMyWeb
19th February

Drip, Drip, Drip: Then the Dam Collapses…and other foreclosure news!

  1. Northern Rock Bank nationalized (news.yahoo.com)
  2. Northern Rock shareholders can’t expect their money back (firstrung.co.uk)
  3. Northern Rock bank may be the first dropped shoe (jameshowardkunstler)
  4. Buyers paid too much for too little (greatdepression2006.blogspot.com)
  5. Why Not Just Walk Away from a House? (npr.org)
  6. Celebrities Not Immune to the Real Estate Crisis (homeguide123.com)
  7. Credit Crisis Losses Will Put Black Monday in the Shade (seekingalpha.com)
  8. Wall Streets role in housing meltdown probed (msnbc.msn.com)
  9. No Lull in Mortgage Pitches (nytimes.com)
  10. Popularity of bonds turning some investors away (iht.com)
  11. Drip, Drip, Drip: Then the Dam Collapses (lewrockwell.com)
  12. San Diego Price Graphs (piggington.com)
  13. Texas Makes Lying on Loans a Felony (lendingsanity.com)
  14. Palm Beach housing still in free fall (palmbeachpost.com)
  15. 401k debit card draws red flags (washingtontimes.com)
  16. From Foreclosure Signs to Auto Repo Lots(washingtonpost.com)
  17. Foreclosed houses occupied by homeless (news.yahoo.com)
  18. Mortgage Office furniture liquidation (sandiego.craigslist.org)
Share This Story:These icons link to social bookmarking sites where readers can share and discover new web pages.
  • blogmarks
  • co.mments
  • del.icio.us
  • De.lirio.us
  • digg
  • Fark
  • Furl
  • Ma.gnolia
  • NewsVine
  • Reddit
  • YahooMyWeb
18th February

Real Estate Brokers Must Hate Economists…and other foreclosure news!

  1. SF East Bay prices fall 20% from peak, still falling (eastbayhousingbubble.blogspot.com)
  2. SF Bay Area prices fall below $500K in four counties (contracostatimes.com)
  3. SF Bay Area house sales fall to 20-year-low (sfgate.com)
  4. ‘Worst month ever’ for San Jose house sales (mercurynews.com)
  5. Housing Bottom Nowhere in Sight (Mish)
  6. U.S. Consumer Sentiment Drops to 69.6, lowest since 1992 (bloomberg.com)
  7. Sidelined house buyers frozen by fears - wisely (reuters.com)
  8. Countrywide says foreclosure rate at new record (washingtonpost.com)
  9. Real Estate Brokers Must Hate Economists (seekingalpha.com)
  10. Bush Administration Shuts Down Economic Indicators Site (thinkprogress.org)
  11. Hard Times Heighten Long-Felt Unease (breitbart.com)
  12. Welcome to a deleveraging world (businessspectator.com.au)
  13. How to invest as the bubble pops (businessweek.com)
  14. Sell Your Real Estate Immediately (marketoracle.co.uk)
  15. Arcane Swaps Market Is Next to Face Big Credit Test (nytimes.com)
  16. Major private mortgage insurer gets tough with buyers (sfgate.com
  17. Banks Denying Approval on Most Miami Condo Mortgages (seekingalpha.com)
  18. Citigroup bars investor exits from hedge fund (usatoday.com)
  19. You’re Invited . . . To Pay Your Mortgage (washingtonpost.com)
Share This Story:These icons link to social bookmarking sites where readers can share and discover new web pages.
  • blogmarks
  • co.mments
  • del.icio.us
  • De.lirio.us
  • digg
  • Fark
  • Furl
  • Ma.gnolia
  • NewsVine
  • Reddit
  • YahooMyWeb