PCBDaily

Foreclosure

Facing Foreclosure? Read On. . .

March 16, 2009 • 10 comments
Share

Recently, a single mother lost her job in a central Florida town and was about to lose her house, too. But then she made a seemingly simple request of the …

by Evan Brusilow

No Real Mortgage Relief Despite Government Efforts

December 17, 2008 • 1 comment
Share

To say 2008 has been a bad year for real estate is just a wee bit of an understatement. Property values have plunged by some 35% nationwide and foreclosures are …

by Hunter Palmer

Laketown Wharf Busts, Leaves Developer Crying

September 17, 2008 • 60 comments
Share

We’ve all heard the rumors about what is happening with Laketown Wharf.  Jerry Wallace, the developer, once positively referred to the area around Laketown Wharf as a “condo canyon” and …

by Jason Koertge

House OKs Controversial Housing Plan

May 12, 2008 • 0 comments
Share

The House approved a federally backed bailout for the housing market; as skimpy as it may seem.  Not supported by the White House, the foreclosure prevention package was passed in …

by Jason Koertge

Housing Starts Lowest in 17 years

April 16, 2008 • 1 comment
Share

Housing starts, down almost 12% from February are the lowest they’ve been in 17 years.  With 947,000 starts, building permits were also down to 927,000, from 984,000 in February. The …

by Jason Koertge

Have we hit bottom?

April 12, 2008 • 1 comment
Share

Has the real estate market nationwide hit bottom?  I hear Realtors all the time say that business is picking up for them.  In addition, I was looking through the New …

by Jason Koertge

Foreclosures and what the government is going to do about it.

April 4, 2008 • 0 comments
Share

Thursday the Senate began a debate on taking measures to help curb foreclosures nationwide. Highlights for the bill: Make loans backed by the Federal Housing Administration more widely available Makes …

by Jason Koertge

The Fed acknowledges recession possible.

April 3, 2008 • 0 comments
Share

Ben Bernanke, a student of the Great Depression, knows what a depression looks like and previously served on the panel that unofficially determines when a depression begins and ends. On …

by Jason Koertge

The Fed reports that more needs to be done about foreclosures

March 5, 2008 • 0 comments
Share

  With foreclosures on the rise and market instability increasing, The Federal Reserve Chairman, Ben Bernanke urged lenders Tuesday to help distressed owners by lowering mortgage amounts.  He warned that …

by Jason Koertge

Bill to allow judges to lower mortgage amount instead of foreclosure

February 22, 2008 • 5 comments
Share

In an effort to reduce the number of foreclosures this year and next year by an estimated 600,000+ households, there are two bills before Congress that would grand “judges the …

by Jason Koertge
Older Posts Satellite