In Prison for Taking a Liar Loan
Dees Illustration Joe Nocera New York Times A few weeks ago, when the Justice Department decided not to prosecute Angelo Mozilo, the former chief executive…
Housing
How Unemployment Is Dragging Down The Housing Market
Lila Shapiro Huffington Post Although the United States population has grown by 120 million people in the past fifty-odd years, today’s new homes are selling…
US home sales slump to lowest level since 1960s
© AFP/Getty Images/File Scott Olson AFP WASHINGTON (AFP) – Sales of new houses in the United States have slumped to the lowest level since the…
Nearly 20% of Florida homes are vacant
Dees Illustration CNN It’s not always easy to feel sorry for sunny Florida. But it just got hit with another blow. On Thursday, the Census…
US housing construction plunges
New home constructionsplunged in February © AFP/Getty Images/File Justin Sullivan AFP WASHINGTON (AFP) – Construction of new homes in the United States plunged in February…
“THEY” Caused this Collapse (Charlie McGrath Video)
YouTube — crabbydogtrix http://www.rawstory.com/rs/2011/03/11/federal-reserve-expected-to-claim-no-ho… RELATED ARTICLE: 10 Ways You’re Being Fleeced By Banks
US home building stagnant
© AFP/Getty Images/Kevork Djansezian AFP WASHINGTON (AFP) – Construction of new homes in the United States grew by nearly 15 percent last month, but remained…
US unveils housing market overhaul
© AFP/Karen Bleier AFP/Activist Post WASHINGTON (AFP) – The Treasury Department proposed Friday to set a mandatory 10 percent down payment for US home buyers…
Should you pay your mortgage?
Huffington Post WASHINGTON — Nearly one in every four homeowners across the country owe more on their home than it’s worth. Once a month, those…
Nearly 11 Percent of US Houses Empty
Diana Olick CNBC I usually find the quarterly homeowner vacancy and homeownership report from Census pretty lackluster, but the latest one released this morning was…
Housing Shows There Is No Recovery
Greg Hunter USA Watchdog Housing starts are a tried and true barometer of business activity. If there was a real economic recovery going on in…
Home price drops exceed Great Depression: Zillow
Al Yoon Reuters Home prices fell for the 53rd consecutive month in November, taking the decline past that of the Great Depression for the first…
Banks Repossess 1 Million Homes in 2010
Dees Illustration Associated Press NEW YORK – The bleakest year in the foreclosure crisis has only just begun. Lenders are poised to take back more…
Wrong Man’s House Demolished by Mistake by City of Pittsburgh (VIDEO)
Associated Press