livingoffdividends.com - 5/31/2009
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You must have read the recent post about the New York Times economics reporter who is facing foreclosure himself. Edmund Andrews covered the US economy and Alan Greenspan for over six years, but despite his financial accumen still got suckered into a loan he couldn’t really afford. He ...
thedigeratilife.com - 6/1/2009
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thedigeratilife.com —
Weigh your options and don’t ignore the problem.
Some owners believe that abandoning the house is the...
best solution because they have no equity. Depending on your situation, “walking away” may or may not be the way to go. If you bought a $300,000 ...
(more)
How To Avoid Foreclosure: Keep Your House In Troubled Times
news.yahoo.com - 5/28/2009
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news.yahoo.com —
AP - A record 12 percent of homeowners
with a mortgage are behind on their payments or...
in foreclosure as the housing crisis spreads to borrowers with good credit. And the wave of foreclosures isn't expected to crest until the end of next year, the ...
(more)
12 pct. are behind on mortgage or in foreclosure
(AP)
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Weekly Links: May 31, 2009
Dividends Value —
... Rules At Office Depot
Dividend Tree presented Sysco’s Adapting to New Realities – Will it Work?
Buy Value presented Dashboard Tool for Fundamental Analysis
moneygardener presented how much can we afford?
Stock Market Prognosticator presented The Mind of Wall Street
Disciplined Approach to Investing presented The Latest In Dividend Research
Living Off Dividends & Passive Income presented How To Avoid Foreclosure
Old School Value presented Negative Enterprise Value ...
Weekly Reads: Hot Emerging Markets Edition
Everyday Finance —
... of my favorite Fraud Fighters See how FIFO vs LIFO can change a company’s prospects Dividends and buybacks in the news Which index to choose Questioning current valuations following recent runup My Favorite Personal Finance Reads Setting a teen straight with “A Credit Card is NOT your ticket to financial freedom“ How to Avoid Foreclosure Obama’s uncertainty is killing us and the ...
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Treasury to Announce New Program to Avoid Foreclosure
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Foreclosure is the ‘cure’
mortgage.freedomblogging.com 6/10/2009 — Should tax dollars be spent helping people avoid losing their home to a bank?
A study I blogged on last week found borrowers who lost their home to foreclosure in November 2006, 2007 and 2008 often had cashed-out all their equity. The data for the ...
I Am Facing Foreclosure
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RealtyTrac: Record Foreclosure Activity in April
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U.S. Foreclosure Filings Hit Record for Second Straight Month
bloomberg.com 5/13/2009 — May 13 (Bloomberg) -- Foreclosure filings in the U.S. rose to a record for the second consecutive month in April as banks increased efforts to seize homes from delinquent borrowers. A total of 342,038 properties received a default or auction notice ...
More Evidence of the "Foreclosure Backlog"
calculatedriskblog.com 7/8/2009 — From Peter Hong at the LA Times: L.A. County's May default rate double last year May's 9.5% [seriously] delinquency rate [more than 90 days] for L.A. County was up from 5% of mortgages ... in May 2008 [First American CoreLogic reported today]. ... ...
12% in Foreclosure or Delinquent
ritholtz.com 3/6/2009 — Wow, how is that for a data point?
About 5.4 million American homeowners with a mortgage (~12%) were either behind in their payments or already in foreclosure at the end of 2008, according to the Mortgage Bankers Association.
That’s about ...
Zero Down Is a Foreclosure Factor (Duh)
ritholtz.com 7/3/2009 — There is a kind of weird OpEd in today’s WSJ by Stan Liebowitz. The professor makes the incredible discovery that zero down payments, 100% LTV financings tend to slide in great numbers into foreclosure:
“What is really behind the ...
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