Saturday, July 26, 2008

Reo tapes - Broke, Out Of a Job, and Homeless: This Week in the Economy - Motley Fool

Is the economy really that bad? Sure, everyone knows oil is tearing a hole in our wallets, banks are struggling to tread water, the auto industry is in shambles, and don't even get me started on housing. But, really, where's the line between an www.bankreopropertydeals.com

NEW YORK (AP) _ The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to data released Friday. Nationwide, 739,714 homes received at least one foreclosure-related notice www.bankreopropertydeals.com

Choose state Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Dist. of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri www.bankreopropertydeals.com

Updated from 2:36 p.m. EDT Technology shares were strong Friday, but new trouble for Fannie Mae FNM and Freddie Mac FRE undercut what had been a modest blue-chip rally sparked by decent economic data. The Dow Jones Industrial Average rose 21.41 www.bankreopropertydeals.com

Choose state Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Dist. of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri www.bankreopropertydeals.com

WASHINGTON (AP) _ Sales of new homes fell in June for the seventh time in the past eight months; more proof that the worst housing slump in decades is getting deeper. The Commerce Department reported Friday that sales of new single-family homes www.bankreopropertydeals.com

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