Posted by Jennifer Swartz in : Anti-Predatory Lending Initiative, News, Research ,
Slowing sales and a worsening national economy are a storm cloud threatening the blue skies that homeowners in the South Hills have been enjoying. Yes, the housing slump in other parts of the nation may be slowly edging its way here.
The most recent home sales figures available are for September, reported by RealSTATs, a real [...]
Posted by Jennifer Swartz in : News, Research ,
The number of Pennsylvania homeowners falling behind on mortgage payments fell for a second straight month in October, according to new figures released today. However, the figures from RealtyTrac Inc. show that foreclosure filings in Pennsylvania last month were about 26 percent above the number of filings recorded in October 2007, a little higher than [...]
Posted by Jennifer Swartz in : Resources ,
Treasury Secretary Henry Paulson officially abandoned his original plan to buy troubled assets from financial institutions. While the government will continue to invest in those firms, he said, it would also now focus on the nation’s struggling consumers. In detailing the next phase of Treasury’s $700 billion Troubled Asset Relief Program, Mr. Paulson indicated the [...]
