RealtyTrac numbers out today report that there was a small decrease in the number of foreclosures in October. In reality, though, this may simply be reflective of the halt in foreclosures caused by faulty paperwork. Mitchell Hartman reports on other underlying problems.
The elections are over, but the foreclosure problems continue on. Attorneys general from every state agreed last month to look into the banks and their paperwork, but with a new political landscape, will things change? Stacey Vanek Smith reports.
The Census Bureau reported that the home ownership rate is at its lowest level in more than a decade. The increase in foreclosures certainly has contributed to the decline. That got commentator David Skeel thinking about a foreclosure what if.
State attorneys general are now involved in the federal investigation of foreclosures. Allegations include misfiling paperwork and using questionable methods to speed up the process.
Home buying is far from easy, especially in this economy and in the big cities. So how to navigate the treacherous home buying seas? Marketplace senior business correspondent Bob Moon gives some tips.
So the latest in the housing crisis won't necessarily make for a great horror flick, but there's a second wave of toxic assets coming. Stacey Vanek-Smith takes a look at what will happen in "Toxic Assets, Part II."
A key initiative on Florida's ballot next week will allow citizens to have final say over their communities' land-use plans. In the meantime, developers have been scrambling to get their project approved before Election Day. Tom Parkinson reports.
