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  • Democrats declare opposition to Mnuchin, delay confirmation vote

    Top Democrats speak out about Trump Treasury nominee
    The Senate Finance Committee planned to meet Monday evening to vote on the confirmation of Steve Mnuchin, the Trump administration’s choice to lead the Department of the Treasury. But that vote didn't happen. Senate Democrats instead moved to delay the vote, while other party leaders declared their opposition to Mnuchin as Treasury Secretary.
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  • RealtyTrac Update

    Housing recovery remains a local phenomenon

    Underwater borrowers, distressed sales still linger
    While the housing market is in recovery mode, various symptoms of distress remain, particularly underwater borrowers. Nonetheless, market experts are confident housing is on the upswing.
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  • Foreclosures Drop 11% in Q2

    Foreclosures dropped across the country in Q209, according to the U.S. Foreclosure Index from property information specialists Foreclosures dropped 11% during Q209 to 205,01. The crowded Northeast region led the way with a 32% fewer families losing their homes than in the previous quarter. Pre-foreclosures – notices of default early in the foreclosure process – fell by 10% from Q109 to 494,078. In the Midwest, 42% fewer notices were given.
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  • Foreclosures Spike After January's Reprieve: Report

    Completed foreclosure sales in February reached their highest monthly mark since the beginning of the foreclosure crisis, according to a survey released Wednesday by online foreclosure analytic company and real estate information provider According to the data gathered, completed foreclosures spiked 67 percent in February over January's reduced foreclosures.
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  • Foreclosures Slow in January: Report

    Completed foreclosures dropped more than 25 percent across the country in January, according to data released Wednesday by online foreclosure analytic company and real estate information provider Total completed foreclosures came in at 72,694 for the month, down from the 97,8411 completed foreclosures reported for December.
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  • Foreclosure Rates Fall in October, Report Says

    Foreclosures fell in October -- for the second month in a row -- to nationwide lows not seen since last February, according to data released Monday by, a real estate investing service. Of course, much of the drop is being driven by local legislation, meaning that the recent drop probably won't tell us much about the state of real estate.
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  • August Foreclosures Jump 80 Percent: Report

    Nearly 102,000 homeowners lost their properties to foreclosure in August, up nearly 6 percent from July and more than 80 percent higher than in August 2007, according to data released Monday morning by real estate information data aggregator
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  • Nearly Half-Million Foreclosures in First Half of 2008: Report

    Almost a half-million Americans lost their homes to foreclosure in the first half of the year, nearly double the same time a year ago. That’s six of every 1,000 households nationwide repossessed by the bank following foreclosure so far in 2008, according to real estate information service "If the trend continues, we could see one million properties lost to foreclosure across the country by year-end," says Alexis McGee, expert, educator, and president of
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  • Housing Crisis Overblown put out a press release today entitled Growing Foreclosure Numbers Don't Spell Doom. In it, CEO Alexis McGee parrots the MBA's Doug Duncan, who (in)famously said last week that the record number of foreclosure filings registered during the first quarter weren't indicative of a nationwide crisis:
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