Tag Archives: Foreclosure

Racine: spend 1 million on local homes

The city of Racine is planning on spending 1.2 million of Federal Housing recovery to buy 29 forcloused homes. Continue reading

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Foreclosures to continue

Two new studies out this week: say most of the efforts to help troubled home loans with easier terms only delay foreclosure and don’t stop it. Continue reading

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The Long road

The delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally adjusted rate of 9.47 percent of all loans outstanding as of the end of the fourth quarter of 2009, down 17 basis points from the third quarter of 2009, and up 159 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. {MBA Press Center} Continue reading

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