Topic: Realtytrac Inc.

Recession, bear markets hit the rich, too

NEW YORK (Reuters) - Turns out the rich may not be so different from you and me: They, too, are falling behind on their mortgages.The U.S. housing market crash triggered the 2008 financial crisis and fueled a wave of mortgage defaults and ...
"In a Job Market Realignment, Some Left Behind" (New York Times). U.S. home foreclosures climbed to a record in April, a sign that government mortgage relief efforts have yet to turn the tide of property seizures, according to a report by RealtyTrac ...