Article: Wells warns of higher foreclosure suit costs - WIN 98.5 Your Country

Wells warns of higher foreclosure suit costs - WIN 98.5 Your Country
http://wincountry.com/news/articles/2011/may/06/wells-warns-of-higher-foreclosure-suit-costs/

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Article: The long road to a mortgage modification Realty Q&A - MarketWatch

The long road to a mortgage modification Realty Q&A - MarketWatch
http://www.marketwatch.com/story/the-long-road-to-a-mortgage-modification-2011-05-06?siteid=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A%20marketwatch%2Ffinancial%20(MarketWatch.com%20-%20Financial%20Services%20Industry%20News)

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Article: 8 In 10 Americans Say Economy In Poor Shape - Plattsburgh News Story - WPTZ Plattsburgh

8 In 10 Americans Say Economy In Poor Shape - Plattsburgh News Story - WPTZ Plattsburgh
http://www.facebook.com/plugins/like.php?href=http%3a%2f%2fwww.wptz.com%2fmoney%2f27797950%2fdetail.html&layout=standard&show-faces=true&width=500&action=recommend&font=verdana&colorscheme=light

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Article: Fannie Mae reports $8.69 billion loss for Q1 | MyCentralJersey.com | MyCentralJersey.com

Fannie Mae reports $8.69 billion loss for Q1 | MyCentralJersey.com | MyCentralJersey.com
http://www.mycentraljersey.com/article/B3/20110506/NJBIZ/305060082/Fannie-Mae-reports-8-69-billion-loss-for-Q1?odyssey=mod%7Cnewswell%7Ctext%7CFRONTPAGE%7Cs

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Employers hire, but unemployment rises?!

Hey, check this out from CNN:
Employers hire, but unemployment rises?!
http://www.cnn.com/2011/05/06/news/economy/april_jobs_report_unemployment_rate/

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NYTimes: Net Worth, Self-Worth and How We Look at Money

From The New York Times:

WEALTH MATTERS: Net Worth, Self-Worth and How We Look at Money

A study finds that personal outlooks about money fall into four broad categories, three of them destructive, including the most common one.

http://nyti.ms/ldkiG6

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NYTimes: A Recovery Less Robust Than in the ’70s

From The New York Times:

OFF THE CHARTS: A Recovery Less Robust Than in the '70s

The stock market is faring better than it did after the early 1970s recession. But by most other measures, the current recovery is far weaker.

http://nyti.ms/jrlJPV

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Freddie Mac Shows Signs of Turning Corner - WSJ.com

http://online.wsj.com/article/SB10001424052748704322804576303563366140154.html?mod=WSJ_RealEstate_LeftTopNews

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Foreclosures Trapped by a Lack of Lawyers - WSJ.com

http://online.wsj.com/article/SB10001424052748703703304576300151691529610.html

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Is Home Ownership Overrated? - SmartMoney.com

http://www.smartmoney.com/personal-finance/real-estate/is-home-ownership-overrated-1304357558340/

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Do You Need a Buyer's Agent? - SmartMoney.com

http://www.smartmoney.com/personal-finance/real-estate/do-you-need-a-buyers-agent-1304523622290/

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Republic Bank charges

http://www.scribd.com/doc/54732396/Republic-Bank-charges

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FDIC seeks $2 million fine against Republic over tax loans | The Courier-Journal | courier-journal.com

http://www.courier-journal.com/article/20110505/BUSINESS/305050079/FDIC-seeks-2-million-fine-against-Republic-over-tax-loans

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NYTimes: Judge Allows Redlining Suits to Proceed

From The New York Times:

Judge Allows Redlining Suits to Proceed

Two cases, one stemming from practices in Memphis and another in Baltimore, accuse Wells Fargo of steering black clients to expensive subprime loans.

http://nyti.ms/ktPyxP

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Article: Your Home: How to sell your home in tough times - May. 2, 2011

Your Home: How to sell your home in tough times - May. 2, 2011
http://money.cnn.com/2011/05/02/real_estate/home-sale-strategies.moneymag/index.htm?

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Article: Moody's cuts BofA mortgage servicing ratings - WPHL

Moody's cuts BofA mortgage servicing ratings - WPHL
http://www.facebook.com/plugins/like.php?href=http://www.myphl17.com/business/sns-rt-business-us-bankofatre7427mr-20110503,0,2191452.story&layout=button_count&show_faces=true&width=135&action=recommend&font&colorscheme=light&height=21

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Article: Lawmakers: Foreclosure should not hurt career - Marine Corps News | News from Afghanistan & Iraq - Marine Corps Times

Lawmakers: Foreclosure should not hurt career - Marine Corps News | News from Afghanistan & Iraq - Marine Corps Times
http://www.marinecorpstimes.com/news/2011/05/military-foreclosure-security-clearance-050411w/

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Article: Feds sue Deutsche Bank, alleging mortgage fraud | KCBY CBS 11 - News, Weather and Sports - Coos Bay - North Bend, OR - Coos Bay / North Bend, Oregon | Business

Feds sue Deutsche Bank, alleging mortgage fraud | KCBY CBS 11 - News, Weather and Sports - Coos Bay - North Bend, OR - Coos Bay / North Bend, Oregon | Business
http://www.kcby.com/news/business/121252734.html

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Article: Freddie Mac loses $929 million - WPHL

Freddie Mac loses $929 million - WPHL
http://www.facebook.com/plugins/like.php?href=http://www.myphl17.com/business/sns-rt-business-us-usa-tretre7437py-20110504,0,3904585.story&layout=button_count&show_faces=true&width=135&action=recommend&font&colorscheme=light&height=21

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Jobs remain behind 2001, gold soars 420 % - MarksJarvis on Money

http://newsblogs.chicagotribune.com/marksjarvis_on_money/2011/05/jobs-remain-behind-2001-gold-soars-420-.html

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NYTimes: Bank of America to Triple Number of Mortgage Help Centers

From The New York Times:

Bank of America to Triple Number of Mortgage Help Centers

The new centers will largely be placed in regions most affected by the rising tide of struggling homeowners.

http://nyti.ms/iVp9ST

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Ruling may slow foreclosures in South Carolina - The Washington Post

http://www.washingtonpost.com/business/economy/ruling-may-slow-foreclosures-in-south-carolina/2011/05/03/AFG8kpiF_story.html

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Recovery efforts could speed dollar’s decline - The Washington Post

http://www.washingtonpost.com/business/economy/recovery-efforts-could-speed-dollars-decline/2011/04/21/AFQ05WgF_story.html

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Louisville home sales looking slow in April | Derby City Cents

http://blogs.courier-journal.com/derbycitycents/2011/05/02/louisville-home-sales-looking-slow-for-april/

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NYTimes: Beazer Homes Posts Second-Quarter Loss

From The New York Times:

Beazer Homes Posts Second-Quarter Loss

The home builder reported a decline in new orders, and cut more than 100 jobs.

http://nyti.ms/lLnGLX

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NYTimes: U.S. Sues Deutsche Bank Over Loan Practices

From The New York Times:

U.S. Sues Deutsche Bank Over Loan Practices

The government says the bank and its mortgage unit lied about loans included in a program to insure mortgages.

http://nyti.ms/kgethw

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Article: Evaluate your debt before you retire - KTNV ABC,Channel 13,Las Vegas,Nevada,News,Weather,Sports,Entertainment,KTNV.com,Action News .:.

Evaluate your debt before you retire - KTNV ABC,Channel 13,Las Vegas,Nevada,News,Weather,Sports,Entertainment,KTNV.com,Action News .:.
http://www.ktnv.com/story/14340867/evaluate-your-debt-before-you-retire

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Article: House panel OKs new way to fund home mortgages - WPHL

House panel OKs new way to fund home mortgages - WPHL
http://www.myphl17.com/business/sns-rt-business-us-usa-houtre7426b0-20110503,0,7742392.story

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Short sales long on pain, potential - chicagotribune.com

http://www.chicagotribune.com/classified/realestate/foreclosure/sc-cons-0428-short-sales-20110429,0,1144841.story

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Home inspection tips - chicagotribune.com

http://www.chicagotribune.com/business/problemsolver/chi-home-inspection-tips-20110429,0,4212799.story?track=rss

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High-Earning Households Pay Growing Share of Taxes - WSJ.com

http://online.wsj.com/article/SB10001424052748703703304576299560728821804.html?mod=WSJ_business_EconomyNewsBucket

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Banks Are Lending, But Not Enough - WSJ.com

http://online.wsj.com/article/SB10001424052748703703304576299473313043888.html?mod=WSJ_business_whatsNews

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Mortgage With 0% Down? Ask NASA - WSJ.com

http://online.wsj.com/article/SB10001424052748704473104576293483049521182.html

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Article: Guest Columnist: Seniors are more and more at risk for fraud, scams | RecordOnline.com

Guest Columnist: Seniors are more and more at risk for fraud, scams | RecordOnline.com
http://m.recordonline.com/apps/pbcs.dll/article?AID=/20110501/BIZ/105010321&template=wapart

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Article: Don’t Let Divorce Destroy Your Credit - Moorpark, CA Patch

Don't Let Divorce Destroy Your Credit - Moorpark, CA Patch
http://moorpark.patch.com/articles/dont-let-divorce-destroy-your-credit-2

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When Does a Short Sale Make Sense? - WSJ.com

http://online.wsj.com/article/SB10001424052748703655404576293584087236832.html

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Bernanke: Financial Crisis Hit Low-Income Americans Harder - Real Time Economics - WSJ

http://blogs.wsj.com/economics/2011/04/29/bernanke-financial-crisis-hit-low-income-americans-harder/?mod=WSJBlog&mod=marketbeat

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- The Washington Post

http://www.washingtonpost.com/business/2011/04/28/AFWQQyNF_story.html

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Financial crisis? What financial crisis? - The Washington Post

http://www.washingtonpost.com/business/economy/financial-crisis-what-financial-crisis/2011/04/26/AFhB2oNF_story.html

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FDIC publishes charges against Republic Bank | Derby City Cents

http://blogs.courier-journal.com/derbycitycents/2011/04/29/fdic-publishes-charges-against-republic-bank/

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NYTimes: Financing a Vacation Home

From The New York Times:

MORTGAGES: Financing a Vacation Home

Borrowers for second homes should expect bigger down payments, higher interest rates and other standards tighter than on a principal residence.

http://nyti.ms/lp5GpF

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Needed: A Clearer Crystal Ball
For more: http://nyti.ms/lTIuUQ
There were relatively few persuasive warnings during the 1920s that the Great Depression was on its way, and few argued convincingly during the last decade that the most recent economic crisis was near. So it’s easy to conclude that because we didn’t see these events coming, nothing could have been done to prevent them.