Posted in Housing Issues on Feb 29th, 2008
Previously I had speculated in a post, Trying to get a grip on the impact of subprime mortgages on low income families, on what I thought was going to be the impact of subprime mortgage crisis. Yesterday I decided to see what the folks at RealtyTrac said for a low income area I am interested [...]
Posted in Housing Issues on Feb 14th, 2008
Today I added the ForeclosurePulse Blog to my blogroll so I can keep up on the foreclosure issue. It looks like they are the source of the foreclosure data used by the press.
Posted in Housing Issues on Feb 14th, 2008
Forbes has awarded EconomicIndicators.gov one of its “Best of the Web” awards for compiling data across govt agencies and making it publicly accessible. But as of March 1, the Bush admin has announced that it is shutting down this site due to “budgetary constraints.”
Bush Admin Shuts Down Website Tracking U.S. Economic Data
Thu, 14 Feb 2008 [...]
Posted in Habitat for Humanity, Housing Issues on Feb 12th, 2008
The emphasis of the article was that “even borrowers with stong credit are the pinch”. The part that interested me was this:
Banks are responding to the rise in delinquencies by capping home equity lines of credit in areas with falling real estate prices. A few credit card companies have also moved to reduce the credit [...]
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