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Half of Mortgage Borrowers Will (Short sale foreclosure) Be ‘Underwater’

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America Needs a Single Bank Regulator Financial Times In recent weeks our financial markets have shown signs of recovery thanks to unprecedented action to stabilize markets and stimulate the economy. Yet this crisis has many distressing qualities. Perhaps…(read more) short sale

U.S. foreclosure activity hit another record high in July, with 360,149 properties receiving a foreclosure filing during the month, according to the RealtyTrac U.S. Foreclosure Market Report released today. Laws extending the foreclosure process had some…(read more) short sale

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