CNNMoney.com - Tue, 12/02/2008 - 02:59 Selling a home in this market is hard enough. Competing in a neighborhood flooded with foreclosed homes that are heavily discounted is nearly impossible.
Deseret News - Tue, 11/25/2008 - 01:10 Existing home sales along the Wasatch Front fell sharply last month compared with a year ago, bucking the trend of the Western region, which overall saw a rise in sales, according to figures released Monday.
CNNMoney.com - Sun, 11/16/2008 - 06:53 Mortgage giants Fannie Mae or Freddie Mac may back 30 million mortgages. But that doesn't mean that the new foreclosure prevention program announced this week by the Bush administration will rescue every troubled borrower on their books.
LATimes.com - Sat, 11/15/2008 - 02:00 The agency proposes using $24 billion in government funds to back mortgages that are modified to make them more affordable.
Publicly breaking with the Bush administration's official stance, the Federal Deposit Insurance Corp. proposed Friday to use $24 billion in government funding to help 1.5 million American households avoid foreclosure.
Salt Lake Tribune - Fri, 11/14/2008 - 02:33 Salt Lake City can pack 60,000 new residents downtown just by building condominiums and apartments above existing surface parking lots, a University of Utah planning expert told the City Council on Thursday.
LATimes.com - Wed, 11/12/2008 - 10:08 Federal officials hope that the simpler, quicker procedure for modifying loans held by Fannie Mae and Freddie Mac will keep struggling homeowners from losing their houses.
The latest government-backed effort to stem the country's soaring rate of foreclosures could help several hundred thousand borrowers keep their homes but will do little for 80% of seriously delinquent borrowers, especially in once-hot real estate markets such as California, federal officials said.
CNNMoney.com - Wed, 11/12/2008 - 04:28 The federal government's plan to streamline modifications of troubled loans held by Fannie Mae and Freddie Mac won't help the majority of people threatened with foreclosure, experts said.
LATimes.com - Thu, 11/06/2008 - 02:00 The plan is part of an economic stimulus package the governor expects to put before lawmakers to spur loan workouts.
Gov. Arnold Schwarzenegger on Wednesday proposed a 90-day freeze in pending home foreclosures to give California's financially pinched homeowners more time to get new or more affordable loans.