Page 2 - Foreclosure Activity News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Foreclosures were up 11% from the month before, repo session were up 11% as well. still it's worth noting for the year foreclosures were down more than 28%. foreclosure activity was up 2.3%. part of the trend and indicate that banks are feeling that the housing market is strengthening so now it's a good time to take control of these homes and to resell them. >> thank you so much. if you're planning on traveling somewhere this summer trip adviser took a look at the most affordable cities for a night how to. honolulu is the most expensive city surpassing new york but just some change. the chea...

Medicare have their own fee schedule, insurance companies negotiate. but the real problem is with the uninsured. the uninsured might end up having to pay the entire bill themselves and that is where the problem is. >> discrepancies are enormous. what's the one thing we need to know today? >> foreclosures have been the black eye in the housing market for years. but new signs this morning show that it's healing. realty track says foreclosure activity plunged 23% in april compared with last year. foreclosures now stand at the lowest level since february 2007. that was 74 months ago. >> all right....

Time for the memorial day weekend starting the big summer season at the jersey shore. nasa has come up with a unique design for astronaut housing that's like a bounce house. the inflatable space pods will be tested at the international space station. the dow snapped a losing streak thanks to boeing. the stock fell after the faa grounded all dreamliner flights. looking ahead weekly jobless claims come out this morning and intel reports earnings after the bell. yesterday confidence among u.s. home builders was at the highest level in seven years. realtytrac says foreclosure activity was at a s...

Those details. the study lincolns house to go unemployment? >> yes, it does. it's a rather unique study. it lincolnings the housing situation and the unemployment situation in 900 counties around the country and the conclusion is in two-thirds of those counties, 580 out of 919 are worse off now than we were four years ago. again, that's in terms of housing, home prices, foreclosure activity and the unemployment rate and the jobless rate in those counties. we are worse off in two-thirds of the country. that's the conclusion. >> where is the trend? >> well, the trend in housing, if you look stri...

Inflation relatively low. i think for next week's meeting we'll see chairman bernanke propose new plans to boost economic growth. i think this is going to come in the form of an extension of operate twist, which is the bond buying program we've seen the fed involved in, that's been keeping interest rates low. >> what about this, not good news with the foreclosure activity. it rose back above 2,000 mark, why the change? >> we saw foreclosure filings tick up about 9% month over month. i expect we'll see this continue to rise throughout the year. this is actually good news in a strange way. becau...