Last week we sold a bunch of things on Craigslist. One person who came to purchase the last baby gate was one who had to move to a new house all of a sudden. This move was because the landlord was foreclosing and by default her life was going to have to change as well. [...]

A foreclosure break for the holidays. Freddie is announcing a suspension to all foreclosure activity from the day before Thanksgiving to January 9, 2009. Here is what Freddie has on its website: McLean, VA – Freddie Mac (NYSE: FRE) today announced it has ordered its national network of mortgage servicers and foreclosure attorneys to suspend [...]

The Wall Street Journal has a great article today titled “Housing Pain Gauge: Nearly 1 in 6 Owners ‘Under Water’ “. It’ an overview of the current state of housing in the country. It’s not pretty. The relentless slide in home prices has left nearly one in six U.S. homeowners owing more on a mortgage [...]