It seems that once again the large real estate ventures are getting into trouble and are facing the foreclosure gavel. The Twin Lakes Mall in Wichita Kansas is in dire straits and is in the process of being foreclosed on by the bank. However it looks like it should remain business as usual for the [...]
Freddie Mac has been in trouble for a long time. For the last three months since Ed Halderman joined the board of trustees he has been working to steady the stability of the struggling company. He is a mere 70 years of age and is the executive director of the board of trustees at Freddie [...]
Out of the mouths of babes. In the first story this week is a fourth grader who asked president elect Obama “Why do people hate you?” President Obama was making his first Presidential visit to New Orleans this week and while there he attended a town hall meeting. During Thursday’s meeting, [...]
It seems that after how many months of actual crisis levels in the real estate and mortgage markets that the state of West Virginia lawmakers are finally willing to go on record as saying that they might have a problem on their hands in the eastern panhandle of the state. This [...]
It has gotten to the point now where we are starting to see the foreclosures actually coming in on the normal homeowners rather than just the ones that have a long history of issues, which made up the foreclosure numbers for a long time. The first people hit were the ones that [...]
Number five in the nation in foreclosure activity has been announced for the first six months of the year and the award goes to the Inland Empire area with Las Vegas Paradise taking the honors for the number one most active location in the United States of America. This is certainly [...]
NBC News reported that one bright spot in the housing crisis actually favors first time homebuyers. Houses that were out of reach for a lot of people or people looking to buy in better neighborhoods for a long time found it unobtainable. The recent trouble in the real estate market has made it easier for [...]
