State Senate to Address Subprime Lending and Foreclosures

                   
newswatch50.com     May 12, 2008            

Albany, N.Y. (AP) -- The state Senate Banks Committee is scheduled to take up the subprime lending crisis at a hearing today in Albany. ... AP -- The state Senate Banks Committee is scheduled to take up the subprime lending crisis at a hearing today in Albany. Last week,... [read full story]                

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U.S. home-foreclosure filings up 65% since April '07

star-telegram.com     May 14, 2008          

LOS ANGELES -- More U.S. homeowners fell behind on mortgage payments last month, driving the number of homes facing foreclosure up 65 percent compared with the same month last year and contributing to a deepening slide in home values, a research company said Monday.                

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April foreclosures rise 65 percent on year: RealtyTrac

publicbroadcasting.net     May 14, 2008          

An auction sign is displayed in front of a home in Stockton, California NEW YORK (Reuters) - U.S. home foreclosure filings in April edged up from March and were a whopping 65 percent higher than a year earlier, real estate data firm RealtyTrac said on Wednesday. Home foreclosure filings in April...                

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