Federal Issues
Foreclosures

U.S. 2012 Housing Summary http://bit.ly/KmDnAO 1

U.S. throws lifeline to underwater homeowners
http://reut.rs/v85OID
"transfers consequences, liabilities to taxpayers

House Is Gone but Debt Lives On
http://on.wsj.com/ovvKKk

In Foreclosure ----------% -------Entering - Delinquent - Subprime ARMS

2007 1st Qtr.----------1.28%-------0.58%-----4.84%-----13.77%
2007 2nd Qtr.----------1.40%-------0.65%-----5.12%-----14.82%
2007 3rd Qtr.----------1.69%-------0.78%-----5.59%-----16.31%
2007 4th Qtr.----------2.04%-------0.83%-----5.82%-----17.31%
2008 1st Qtr.----------2.43%-------1.01%-----6.35%-----18.79%
2008 2nd Qtr.--------- 2.75%-------1.08%-----6.41%-----18.67%
2008 3rd Qtr.----------2.97%-------1.07%-----6.99%-----20.03%
2008 4th Qtr.----------3.30%-------1.08%-----7.88%-----23.11%
2009 1st Qtr.----------3.85%-------1.37%-----9.12%-----24.88%
2009 2nd Qtr.----------4.30%-------1.36%-----9.24%-----26.52%
2009 3rd Qtr.----------4.47%-------1.42%-----9.64%-----28.68%
2009 4th Qtr.----------4.58%-------1.20%-----9.47%-----30.56%
2010 1st Qtr.----------4.63%-------1.23%----10.06%-----29.09%
2010 2nd Qtr.----------4.57%-------1.11%-----9.85%-----29.50%
2010 3rd Qtr.----------4.39%-------1.34%-----9.13%-----29.80%
2010 4th Qtr.----------4.64%-------1.27%-----8.25%-----25.32%
2011 1st Qtr.----------4.52%-------1.08%-----8.32%-----26.31%
2011 2nd Qtr.----------4.43%-------0.96%-----8.44%-----27.18%
2011 3rd Qtr.----------4.43%-------1.08%-----7.99%-----25.07%


http://www.mbaa.org/NewsandMedia/PressCenter/74733.htm

HOME SEIZURES (Source: RealtyTrac)
2008 Total
2009Q1 190,543
2009Q2 195,625
2009Q3 236,348
2009Q4 236,646
2009 Total 859,162
2010Q1 257,944
2010Q2 269,962
2010Q3 288,345
2010Q4 230,601
2010 Total 1,046,852
2011Q1 215,046
2011Q2 206,166
2011Q3 67,829,
2011Q4
2011 Total

FORECLOSURE FILINGS BY MONTH
2007 Foreclosure Filings (1,287,559 properties)
Jan., 2008 233,001
Feb., 2008 223,651
Mar., 2008 233,089
Apr., 2008 243,353
May, 2008 261,255
Jun., 2008 252,363
July, 2008 272,171
Aug,.2008 303,879
Sept,2008 265,968
Oct., 2008 279,561
Nov., 2008 259,085
Dec., 2008 303,410
2008 Foreclosure Filings (2,330,483 properties, up 81% from 2007)
Jan., 2009 274,399
Feb., 2009 290,631
Mar., 2009 341,180
Apr., 2009 342,038
May, 2009 321,480
Jun., 2009 336,173
July, 2009 360,149
Aug, 2009 358,471
Sept, 2009 343,638
Oct., 2009 332,292
Nov., 2009 306,627
Dec., 2009 349,519
2009 Foreclosure Filings (2,824,674 properties, up 21% from 2008)
Jan., 2010 315,716
Feb., 2010 308,524
Mar., 2010 367,000
Apr., 2010 333,837
May, 2010 322,920
June, 2010 313,841
July, 2010 325,229
Aug, 2010 338,836
Sept 2010 347,420
Oct., 2010 332,172
Nov., 2010 262,339
Dec., 2010 257,747
2010 Foreclosure Filings (2,871,891 properties, up 2% from 2009)
Jan., 2011 261,333
Feb., 2011 225,101
Mar., 2011 239,795
Apr., 2011 219,258
May, 2011 214,927
June, 2011 222,740
July, 2011 212,764
Aug, 2011 228,098
Sept 2011 214,855
Oct., 2011 230,678
Nov., 2011
Dec., 2011

LPS Mortgage Monitor
March 2011 Mortgage Performance Observations
Data as of February, 2011 Month-end
http://bit.ly/gUh6T0

Year Completed Foreclosure Short Sales Total Loans in Foreclosure/90+ Delinquent at end of previous year
2007 514,000
2008 914,000 95,000 1,009,000 1,664,760
2009 949,000 263,000 1,212,000 2,859,959
2010 1,070,000 375,000 1,445,000 4,296,018

Betting on Fannie, Freddie
Shares of Mortgage Companies, Left for Dead, Are on Rise
http://on.wsj.com/iPbH

ForeclosureGate Deal – The Mandatory Cover Up:
http://bit.ly/guuPgM

Foreclosure filings up 7% in March
Delays in foreclosure processing will hold back housing recovery
http://bit.ly/i8oiwC

The cost of Fannie Mae 99.7 billion dollars;
Combined with Freddie Mac, the cost to taxpayers, 259 billion dollars
http://on.wsj.com/llJNVH
http://bit.ly/mMUrw1

27 Amazing Statistics About The Real Estate Crash
That Never Seems To End
More Foreclosures,
More Underwater Mortgages
More Home Price Declines
http://bit.ly/g7hXTk

Record 2.9 Million U.S. Properties Receive Foreclosure Filings in 2010
Despite 30-Month Low in December
http://bit.ly/euUcEK

http://www.realtor.org/

America Has 130.7 Million Housing Units.
18.8 Million Are Vacant
http://bit.ly/cbzR4a

107 Months to Clear Banks’ Housing Backlog
http://bit.ly/cLnxFB

GRAPH: Existing Home Sales Sept 2010
http://bit.ly/bVfsdz

WSJ: Understanding the Foreclosure Debacle
http://bit.ly/ccFcmv

Foreclosure Nation
http://wapo.st/czEe5E

Charting the Foreclosure Crisis's Far-Reaching Consequences
http://srph.it/a9s9b7

The Case for a Housing Bottom in 2013-14
http://viigo.im/4Wt3


Foreclosure Trends http://www.realtytrac.com/trendcenter/


@Regaining Our Freedom, Property of, We, The People