Articles About Home Foreclosures

Author:
Tom Silva
Posted:
08.02.2012

Could Wall Street Save the Housing Market: Part 2

My recent column on the Huffington Post reported on the advent on Wall Street into the housing market as companies like Blackstone and Colony Capital commit billions of dollars to bulk buying bank-owned (REO) single-family homes. I agree that there are pros and cons to this program. The clear source of popular resentment is that […]

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Author:
James I. Clark III
Posted:
11.08.2010

Fannie, Freddie Bailouts Could Cost the Taxpayers $154 Billion

The ultimate cost of bailing out Fannie Mae and Freddie Mac could cost as much as $154 billion unless the economy improves, according to a government report.  The mortgage giants rescue – which has kept the housing market on life supports – already has cost $135 billion to cover losses on home loans in default.  […]

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Author:
Richard Gatto
Posted:
09.03.2008

Economy Grows 3.3 Percent During 2Q

Contrary to the recent grim news about home foreclosures, bank failures, the credit crunch, rising unemployment rates, soaring oil prices, inflation and stock-market jitters, the United States’ economy — surprisingly — grew by 3.3 percent during the second quarter of 2008. The economy grew at its fastest pace in nearly a year, thanks primarily to […]

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Author:
Richard Gatto
Posted:

Economy Grows 3.3 Percent During 2Q

Contrary to the recent grim news about home foreclosures, bank failures, the credit crunch, rising unemployment rates, soaring oil prices, inflation and stock-market jitters, the United States’ economy — surprisingly — grew by 3.3 percent during the second quarter of 2008. The economy grew at its fastest pace in nearly a year, thanks primarily to […]

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