What a difference a year can make. Things can be drastically different from one twelve month period to the next. As this article illustrates, things in Oregon are indeed a lot worse than they were in October 2008. In fact, the foreclosure rate there has effectively doubled in that amount of time. The good news [...]

Let’s start off bad and see where it goes this week. The website The Last Call is stating that things are absolutely terrible and we are on track as a nation to reach 2.9 foreclosures started in this year alone. That is an awful lot to take in right off the bat. According to this [...]

It had to happen. They say that life imitates art and sometimes art imitates life. Well, the popular television show Bones did an airing of an episode this past week called “The Foot In The Foreclosure” about a real estate agent that found charred remains in a foreclosure that he was showing. How close to [...]

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 [...]

There is a very interesting story posted on the Business Week website this week. It asks a rather simple question that I think a lot people would be interested in knowing the answer and general consensus to. Should Wall Street Give Their Bonuses to the Homeless? Most people directly blame Wall Street for the problems [...]

The foreclosure crisis for a lot of people actually started when they, as borrowers, were willing to take a risk on sub-prime loans. Today that crisis, as outlined in this story is reaching farther down the line to people who quite simply can’t find work. People who were at one time living well within their [...]

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, the 44th President answered some tough questions but the toughest [...]