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[22 Jan 2010 | One Comment | 88 views]
1 BIIIILLLLLLION  Foreclosures in 2009

Ok, not really, but the headlines covering 2009 foreclosures may as well have purported such a figure. CNNMoney.com offered an article titled, “Record 3 million households hit with foreclosure in 2009.” The article written by Les Christie and published on January 14, 2010 seemingly reports three million foreclosures last year or at least that’s what the headline reads.
Let’s hope visitors to the site at least read through the first paragraph which states, “Almost 3 million homeowners received at least one foreclosure filing during 2009.”
Even more so, let’s …

Media & Politics »

[18 Sep 2009 | No Comment | 44 views]
This Week’s Headlines: A positive or negative twist?

Despite the fact that most foreclosure listing companies reported a nationwide decrease in foreclosures and default filings, the media offered headlines donned with the usual negative perspective.
RealtyTrac seems to be the only major listing company that offered statistics for August. The foreclosure listing company reported a 1 percent decrease in filings with a 13 percent decrease in repossessions. ForeclosureS.com didn’t offer a report for the month presumably because they found an increase in fillings, as they have historically reported larger number of properties in foreclosure.
Here are some of …