Government Loan Broker

Mortgage Loan Information

Tag Archives

Home repossessions surged in July, but pace of new home loan defaults continued to slow

Home repossessions surged in July, but pace of new home loan defaults continued to slow
LOS ANGELES – The number of U.S. homes lost to foreclosure surged in July, another sign lenders are moving quicker to take back properties from homeowners behind in payments.

Read more on Minneapolis-St. Paul Star Tribune

New home sales up, but sales remain slow

New home sales up, but sales remain slow
New home sales in June tick up slightly, but sales remain low as demand for housing slumps

Read more on Bay News 9 Tampa Bay

Welcome to the BBQ recovery: Low and slow

Welcome to the BBQ recovery: Low and slow
It’s now safe to dig a hole and bury the V-shaped economic recovery. It’s dead.

Read more on CNN Money