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Industry News & Press
by Azcentral.com 05/06/2009
New programs, backed by federal funds, now are available to help people buy foreclosure homes across metropolitan Phoenix.

by Wall Street Journal 05/05/2009
Many lenders...have been foreclosing on home builders whose projects have gone bust...but finding buyers is difficult, as home values remain under pressure.

by Associated Press 05/04/2009
Investors are rushing into stocks Monday as surprise increases in pending home sales and construction spending offered the latest signs that the economy is stabilizing.

by Cnnmoney.com 05/01/2009
Sure, there are great real estate deals to be had, if you know what you're doing.

by Cnnmoney.com 04/28/2009
Two steps: Second liens now covered by modification program; servicers must offer eligible borrowers principal reduction under Hope for Homeowners.

by Forbes.com 04/22/2009
Falling home prices and rising unemployment are set to spread the pain.

by Fortune.com 04/23/2009
With an industry on the ropes, analysts say more companies will join forces - some to grow, some just to survive.

by Bizjournals.com 04/22/2009
One in every 40 houses in the Phoenix area had a foreclosure notice filed against it during the first quarter, according to RealtyTrac Inc.

by Cnnmoney.com 04/16/2009
March and first-quarter total filings were the highest monthly and quarterly totals on record. Repossessions fall 3%.

by Azcentral.com 04/18/2009
Quick revamps help spur sales

by Bizjournals.com 04/07/2009
The U.S. housing sector won’t recover until summer 2010 and the residential construction sector won’t be back on its feet until 2011, the Portland Cement Association predicts.

by Associated Press 04/10/2009
Just over half of a new $4 billion federal housing program approved late last year will go to purchase and fix up foreclosed homes nationwide, a study released this week showed.

by Reuters 04/13/2009
Unemployment is a bigger reason for missed mortgage payments than high interest rates, according to a study from the Boston Federal Reserve that raises questions about President Barack Obama's plan to stem foreclosures by modifying loans.

by Mercurynews.com 04/09/2009
Foreclosures are fueling a new growth industry: Fixing up a home that a bank wants to put up for sale.

by The Arizona Republic 04/02/2009
Lenders signaled their intention in March to foreclose on more than 10,000 Valley homes and other properties, the highest single-month total on record.

by Cnnmoney.com 04/06/2009
...There’s growing concern that the massive role taken by FHA to buoy the ailing mortgage market, could in fact lead to yet another taxpayer bailout.

by Cnnmoney.com 04/02/2009
The end may be in sight - and getting a better sense of when it's coming can help you make the smartest buying and selling decisions.

by Latimes.com Blog 04/02/2009
An interesting new analysis from Zillow.com contends that the Case-Shiller home price index may overstate home price declines by not adjusting for sales of previously foreclosed homes.

by Lacrosse Tribune--ap 04/02/2009
The number of troubled loans backed by the government's mortgage insurance program is rising as economic problems mount, and lawmakers are worried taxpayers will be stuck with the final bill.

by Nytimes.com 03/29/2009
Banks are quietly declining to take possession of properties at the end of the foreclosure process, most often because the cost of the ordeal — from legal fees to maintenance — exceeds the diminishing value of the real estate.

by Cnnmoney.com 03/25/2009
Census Bureau says sales of newly built homes rose nearly 5% in February. Analysts wary of long-term recovery.

by The Arizona Republic 03/22/2009
Lenders saddled by a growing portfolio of foreclosed properties are selling homes for prices not seen in metropolitan Phoenix for a decade.

by Cnnmoney.com 03/25/2009
Hopes are rising that the housing market has finally hit bottom. In addition to better-than-expected home sales reports, many homebuilder stocks are surging.

by Money.cnn.com 03/25/2009
HOPE for Homeowners has been a failure. But Congress thinks some tweaks will revive it.

by Ap 03/05/2009
The legislation takes $2 billion out of the $700 billion Wall Street bailout fund to bolster an existing program to allow homeowners rework or refinance their mortgages.

by Businessweek.com 02/20/2009
At the same time Wall Street is losing jobs and prestige, the nation's capital is gaining steam as it ramps up to fight the recession

by Businessweek.com 01/20/2009
Good news for renters as landlords are forced to offer discounts to keep their properties occupied

by Businessweek.com 01/19/2009
But BofA's huge effort to keep consumers in their homes does not necessarily offer safeguards against redefault

by Cnnmoney.com 01/08/2009
The real estate market is so awful that buyers are now scooping up homes for as little as $1,000.

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