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Home-Price Declines in 20 U.S. Cities Eased in April (Foreclosed homes)

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Home foreclosures expected to surge in coming months Chicago Tribune WASHINGTON — Just as the nation’s housing market has begun showing signs of stabilizing, another wave of foreclosures is poised to strike, possibly as early as this summer, inflicting…(read more) reo properties

Paper Avalanche Buries Plan to Stem Foreclosures New York Times Somewhere on earth, there must be a more difficult task than this: persuading American mortgage companies to lower payments for homeowners who can no longer afford their loans. But as Karina…(read more) reo properties

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