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US mortgage delinquencies signal record foreclosures
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Mayor Calls for a Moratorium on Home Foreclosures by the mortgage companies
Virg Bernero, Mayor of Lansing, Michigan Calls for a Moratorium on Home Foreclosures"These mortgage companies, these mortgage folks got away with murder and a lot of these companies got bailed out. And they're still screwing the homeowners. So we need a moratorium. There's no question about it. ... we need a two-year moratorium, at least, on foreclosures. I would say, Ed, you know, homes under $200,000. Let's have a moratorium. Let's sort this out. Let's give some people some breathing space in this tough economy. Lord knows, you gave the breathing space to Wall St
Home Sales Jump to a 26 years record .Money Minute
Home sales post one of the biggest gains in years, Microsoft shares jump and a vote for universal phone chargers. The AP's Mark Hamrick reports. (Oct. 23)Tags : Credit Crisis Economy Housing Market Mortgage Stock Jim Rogers Builders China Dollar Euro Gold Home Investing Market Oil Soros Stock Yen Yuan Ben Bernanke Fed Street Wall
Robert Shiller: We Could Have Another Housing Boom, But I Doubt It
"It's V-shaped. We've never seen it before. That makes it hard to know from statistical basis what it portends.""We're going to continue to see more up months but I kind of think it's more likely to fizzle out," he says.Tags : Credit Crisis Economy Housing Market Mortgage Stock Jim Rogers Builders China Dollar Euro Gold Home Investing Market Oil Soros Stock Yen Yuan Ben Bernanke Fed Street Wall
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