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report

Credit

Lenders Taking Steps to Improve Image Problems

by Joshua Dorkin | December 9, 2006

In an attempt to improve their image problems (Note: all lenders have image problems thanks to a little thing called the real estate bubble), Wells Fargo has implemented a program that actually benefits consumers! They have targeted the sub-prime lending market, which has been a source of increased concern for consumer groups and now, [...]

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Economy

Foreclosures Jump in September

by Joshua Dorkin | October 11, 2006

RealtyTrac (aff.)today announced in their monthly foreclosure report that 112,210 properties were entering some stage of foreclosure in September. According to the ForeclosurePulse Blog, that number represents “a decrease of less than 1 percent from August but an increase of more than 63 percent from September 2005.
September’s foreclosure rate of one new foreclosure filing [...]

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