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 As Bank Seizures Swell, Investors Seek Elusive Prey Soaring foreclosure filings and sagging home sales are raising the prospects that the worst housing slump in 16 years could drag on into next year - and real estate investors are waiting for the bottom to hit so they can snatch up bank-owned properties at fire-sale prices. So far, lenders aren't offering fire-sale prices for their REO inventories, but that could change if sales remain slow and inventories continue to swell. VIEW FULL STORY | ||
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Politicians Ponder Foreclosure Intervention Policies Should the federal government mandate a six-month moratorium on all foreclosures around the country in order to give affected homeowners a chance to "work it out?" Or are tighter lending standards self-imposed by lenders a more appropriate response to the subprime mortgage crisis? VIEW FULL STORY  Whatever Happened To Savings? With all the headlines and debate regarding soaring foreclosure rates, it's sometimes forgotten that most foreclosures can be easily prevented with a low-tech, unregulated, private, bi-partisan and no-tax solution. And what is that solution? VIEW FULL STORY Walking Away From Foreclosure Becoming Socially Acceptable There's a certain glue that holds societies together and in the U.S. one of those unwritten standards is the idea that you don't walk away from your home. VIEW FULL STORY MORE ARTICLES |
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