Financing Foreclosed Homes - Mortgages - NYTimes.com

Financing Foreclosed Homes - Mortgages - NYTimes.com: "FORECLOSED homes don’t show very well — financially strained borrowers may ignore maintenance; lenders turn off the water and power to cut the cost of letting the place sit. A poor appearance can complicate financing, but it doesn’t prevent sales."

Existing-Home Sales in U.S. Unexpectedly Fall - Bloomberg

Existing-Home Sales in U.S. Unexpectedly Fall - Bloomberg: "Sales of existing U.S. homes unexpectedly declined in April, indicating the industry is struggling to gain traction as the economy expands."

housing-crash-getting-worse-marketwatch: Personal Finance News from Yahoo! Finance

housing-crash-getting-worse-marketwatch: Personal Finance News from Yahoo! Finance: "Commentary: But all this bearish news makes me bullish

If you thought the housing crisis was bad, think again.

It's worse."

Fannie Mae Falls Back Into the Loss Column - WSJ.com

Fannie Mae Falls Back Into the Loss Column - WSJ.com: "Fannie Mae reported a net loss of $6.5 billion for the first quarter as a weakening housing market dashed hopes that the company had stabilized."

March Pending Home Sales Index

March Pending Home Sales Index: "LOS ANGELES (April 20) – The share of distressed homes sold in March declined from February, but was unchanged from a year ago,  the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. "

Federal government sues Deutsche Bank in NYC, alleging it committed mortgage fraud - The Washington Post

Federal government sues Deutsche Bank in NYC, alleging it committed mortgage fraud - The Washington Post: "NEW YORK — The federal government sued Deutsche Bank Tuesday, saying the bank committed fraud and padded its pockets with undeserved income as it repeatedly lied so it could benefit from a government program that insured mortgages."