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Foreclosure ‘Crisis’ Will Hit New York, Los Angeles, Dallas Hardest in 2008: Report
Nov 27, 2007A report released today by the U.S. Conference of Mayors casts a gloomy picture for 2008 and the nation’s housing markets, saying that increasing foreclosures in key metropolitan areas across the United states will drive economic losses equaling $166 billion. The report projects that the foreclosure crisis will result in 524,000 fewer jobs being created next year and a potential loss of $6.6 billion in tax revenues in ten states.
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Mortgage Market Roundup, Thanksgiving Edition
Nov 22, 2007 -
Freddie Feels Mortgage Crisis; $4.8 Billion in Write-offs, Loan Loss Reserves
Nov 20, 2007 -
Wells Fargo CEO: Housing Market ‘Worst Since Great Depression’
Nov 15, 2007 -
Bear Stearns Latest to Confirm Write-Downs
Nov 14, 2007 -
OHFEO Slams Cuomo; Says NY AG ‘May Not Fully Understand’ Issue
Nov 08, 2007 -
WaMu: Third-Party Appraisal Contract Stipulates Vendor Liability
Nov 07, 2007 -
Appraisal-Gate Gains Momentum; NY AG Subpoenas Fannie, Freddie
Nov 07, 2007 -
The Game’s Afoot: NY Attorney General Sues First American
Nov 02, 2007 -
Suddenly, Default Management and REO Technology Really Matters
Sep 19, 2007 -
Lehman Beats Estimates, Mortgage Losses Less than Expected
Sep 18, 2007 -
Report: First Horizon to Lay Off 1,500, Close 50 Offices
Sep 12, 2007