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Foreclosures up 25 percent: RealtyTrac
NEW YORK (Reuters) - Foreclosure activity in October rose 25 percent from a year earlier, although filings in California fell by double-digit percentage points for the second consecutive month due to a state law slowing the foreclosure process, according to a monthly report by RealtyTrac. ...
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Foreclosures keep moving up
BloggingStocks — ... Chase (JPM), Housing, Recession There are a number of theories that claim that until housing prices recover bank earnings cannot get better. Financial firms hold too many home loans and mortgage-backed securities. Another set of theories says consumers will not start spending as long as home prices and the threat of foreclosures keep them frightened and cautious. If these things are true, the economy has a long way to go to get better as U.S. foreclosure in October rose 25% from a year earlier. The U.S. government and several big banks ...

Thursday morning links
The Mess That Greenspan Made — TOP STORIES Foreclosures up 25 percent: RealtyTrac - Reuters Abandon all hope once you enter deflation - Telegraph The deflation-inflation two-step: Too complex for deflationsts to grasp? - iTulip IEA lowers oil demand forecast for '09 - CNN/Money GM Unit Sales Said to Be Hampered on Survival Concern - Bloomberg Paulson's toxic-loan plan never got started - LA Times Bush Warns Against Dismantling Free Market System - Bloomberg MARKETS/INVESTING The Golden Years, ...

THE FINTAG NEWSLETTER @ 14 November 2008
FiNTAG - Hedge Fund News, Views, Opinions and Gossip — ... Fintag says Only USD5 trillion ... staggering. This is like no other crisis. yahoo says " October budget deficit hits record of $237.2B " reuters says " Foreclosures up 25 percent: RealtyTrac " GERMAN ECONOMY ENTERS WORST RECESSION IN 12 YEARS bloomberg ...

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