Thursday, December 22, 2011

NYTimes: Correcting Data Error, Realtor Group Revises Existing-Home Sales Downward

From The New York Times:

Correcting Data Error, Realtor Group Revises Existing-Home Sales Downward

The National Association of Realtors said sales from 2007 to 2010 were about 14 percent lower than it previously reported.

http://nyti.ms/ruvg9T

NYTimes: Countrywide Will Settle a Bias Suit

From The New York Times:

Countrywide Will Settle a Bias Suit

The Justice Department said Bank of America had agreed to a record fair-lending settlement over allegations of discriminatory practices by a mortgage subsidiary.

http://nyti.ms/v1uBiL

NYTimes: Signs Point to Economy’s Rise, but Experts See a False Dawn

From The New York Times:

Signs Point to Economy's Rise, but Experts See a False Dawn

In recent weeks, a broad range of data have beaten analysts' expectations, but forecasters say the uptick is likely temporary and that growth will slow in the first half of 2012.

http://nyti.ms/uDGVnX

Tuesday, December 20, 2011

NYTimes: An Inconvenient Truth

OP-ED COLUMNIST: An Inconvenient Truth

Fannie Mae and Freddie Mac didn't cause the mortgage crisis. Sorry, folks.

http://nyti.ms/vGyiTc

Monday, December 19, 2011

There Goes the Neighborhood

Across America, recession-fueled foreclosures and plummeting home values have left countless properties abandoned and vulnerable to looting.

http://www.cbsnews.com/8301-18560_162-57344513/there-goes-the-neighborhood/

Sunday, December 18, 2011

NYTimes: Helping Homeowners Dig Out

MORTGAGES: Helping Homeowners Dig Out

Some limits have been eased on a federal program to move people who owe more than their home is worth into less risky and lower-rate mortgages.

http://nyti.ms/tnyMon

NYTimes: Slapped Wrists at WaMu

FAIR GAME: Slapped Wrists at WaMu

The $64.7 million settlement between federal regulators and Washington Mutual is another example of the minimalist punishment meted out to players in the credit boom and bust.

http://nyti.ms/tsEBfI