Spike in foreclosures is unlikely, analysts say

Forbearance programs for federally backed mortgages are rapidly coming to an end, but the National Association of Realtors has said its research shows that there won’t be a glut of foreclosed homes hitting the market, as some had warned. The national forbearance moratorium will end on July 31, but most homeowners are expected to end

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Flipper’s Role in Housing Bubble Exposed

A new federal report shows that house flippers – investors who bought properties in the housing boom, did them up, then sold them on for a quick profit – bear more responsibility for the housing bubble than we first thought, according to a report in the Associated Press. The Federal Reserve Bank of New York

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Mortgage Delinquencies Set to Decline Next Year

The amount of borrowers struggling to keep up with their mortgage payments has been predicted to decrease by the end of 2012, so long as the US economy doesn’t experience any more hiccups, according to the Associated Press. Mortgage delinquency rates, which are used to illustrate the ratio of borrowers that are more than 60

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