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Latest New York Headlines

• Foreclosure Crisis has Cornered BofA in More Ways than One - Oct 29, 2009

  The foreclosure crisis has cornered Bank of America in more ways than one. First it had to take over Merrill as the latter began to collapse

• The Foreclosure Crisis has Upset the Traditional Yardsticks to Measure Growth - Oct 15, 2009

  One of the many casualties of the foreclosure crisis is the gauges so long being used by economists to measure socio-economic health; these traditional yardsticks have been upset.

• Numbers Drop in New York Foreclosed Homes - Sep 22, 2009

  It seems that the decrease is largely due to people actually being able to lower rates and payments by working with the lenders to be able to lower things to an affordable level instead of losing the houses.

• New York Foreclosed Homes For Sale Decreased 2.08% Between May And July - Sep 11, 2009

  This one surprised more than a few people. New York is known for having some of the highest cost real estate in the country between the city of Manhattan and the property on Long Island and quite honestly, people thought that the results between May and July this year would be considerably higher and into increasing as opposed to decreasing.

• Foreclosure victims are regularly falling for fraudulent rescue plans - Aug 25, 2009

  With a staggering increase in foreclosures, the victims are regularly falling for fraudulent rescue plans. These companies are slick and smart.