Monthly Archives: May 2010
Foreclosures plateau – finally. Repossessions soar
NEW YORK (CNNMoney.com) — The foreclosure plague may have finally reached its peak in April 2010 — but don’t expect delinquency statistics to plummet anytime soon. The total number of foreclosure filings — notices of default, auction notices and bank repossessions — fell by 9% from March to April, and 2% compared with April 2009,... Read More
WALL ST VS MAIN STREET
Wall Street vs Main Street Fannie and Freddie: Making Bank Bailouts Look CheapBy Lauren Tara LaCapra 05/10/10 – 07:00 AM EDT UPNEW YORK (TheStreet) – According to the formula for taxpayer rage — big bailout + housing + rich executives + lack of humility = angry — it’s puzzling that Fannie Mae (FNM) and Freddie... Read More