Governor Randall S. Kroszner on Risk Management
Randall Kroszner spoke today at the Global Association of Risk Management Professional’s annual risk convention in New York.
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Archive for the 'Foreclosure' Category (Chronologically Listed)
October Home Prices Suffer Record Drops
A national home price gauge released today showed that prices of existing single-family homes recorded their biggest annual drop in October.
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Bush Signs off on a Bill that Gives Relief to Struggling Homeowners
President Bush announced today that he signed into law a bill that will waive taxes for many homeowners that must restructure their mortgages as they face foreclosure.
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The House Passes Tax Relief for Homeowners
Today the House passed on a legislation that will help homeowners that have to restructure their mortgages to avoid foreclosure.
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Federal Reserve Endorses New Protection Plan for Homeowners
Today the Federal Reserve announced that they would endorse new rules that will give people taking out home mortgages protection against shady lending practices.
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Posted by Ryan Fiore on Dec 18 2007 under Adjustable-Rate Mortgages, Federal Reserve, Foreclosure, Housing Market
Mortgage Foreclosures Reach Record High
Today’s foreclosure rate as published by the Mortgage Bankers Association is bad news for the housing market.
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Posted by Ryan Fiore on Dec 06 2007 under Foreclosure, Housing Market
Mortgage Losses Could Rack Up $300 Billion
The Organization for Economic Co-operation and Development said today that the overall losses from the mortgage crisis could rack up a bill of over 300 billion dollars.
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Foreclosure Numbers Released
RealityTrac, an independent company that tracks foreclosures in 100 different major cities, released its numbers today and the outlook doesn’t look good.
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Posted by Ryan Fiore on Nov 15 2007 under Arizona, California, Colorado, Florida, Foreclosure, Indiana, Michigan, Nevada, Ohio, Texas
Florida Condominiums Suffering High Foreclosure Rates
According to an independent study on foreclosures South Florida housing market is the second in the nation in foreclosures. The hardest hit of these tend to be condos & Downtown Miami area is feeling it.
Foreclosure Rates Up 30 Percent
Foreclosure actions were reported on more than 446,000 properties in third quarter ending in September, this is up 30 percent from the second quarter, and double last year’s third quarter.
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Posted by Ryan Fiore on Nov 01 2007 under Foreclosure, Housing Market