Obama Campaign Relies on Report from DNC Creditor
DNC uses RealtyTrac report that foreclosure activity dropped to a 5-year low in September as a talking point, failing to disclose that the DNC and RealtyTrac maintain a relationship.
Foreclosure
Dangerous Domain
The Securities Industry and Financial Markets Association (SIFMA) sent a letter to top Obama officials asking them to oppose San Bernardino County’s use of eminent domain to seize mortgage-backed securities.
Democratic Domain
Local officials in San Bernardino County, Calif., met last week to consider a controversial proposal to use eminent domain powers to seize and refinance underwater mortgages.
Homeownership Bottoms Out
The U.S. homeownership rate has declined to a 15-year low.
Home Prices Lowest Since 2001
Home prices fell last month to the lowest point in a decade, according to reports.
