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Area foreclosures drop Local figures run counter to worsening national problem (Erie Times-News)
There's growing evidence that the nation's foreclosure problems are bad and getting worse. There's also evidence, however, that the pace at which homes are being lost has slowed in this corner of western Pennsylvania.
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Real Estate Live (Washington Post)
The Post's Maryann Haggerty and columnist Elizabeth Razzi answer your questions about the local housing market.
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VA Attorney General activates disaster anti-price gouging statute (WSLS Newschannel 10 Roanoke)
Virginia Attorney General Bob McDonnell announced that the Virginia Post-Disaster Anti-Price Gouging Statute is now activated with the issuance of a State of Emergency by Governor Tim Kaine this morning.
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Pearlstein: Federal Loans for the Auto Industry? (Washington Post)
Washington Post columnist Steven Pearlstein was online Wednesday, Sept. 3 at 11 a.m. ET to discuss whether federal loans to help the auto companies retool themselves to build more fuel efficient cars are a good idea - or is this just another form of a bailout?
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Color of Money Book Club (Washington Post)
Personal finance columnist Michelle Singletary hosted an online discussion with Carolyn Warren, author of "Mortgage Rip-Offs and Money Savers" (John Wiley & Sons), on Thursday, Aug. 28 at Noon ET.
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How to get the best loan rates (Bankrate.com via Yahoo! Finance)
Learn about the forces that drive rates on several different types of loans in this tough lending environment.
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FDIC chief sees more struggles for banks (San Diego Union-Tribune)
WASHINGTON – Sheila Bair anticipated the mortgage crisis long before most other regulators. But she never dreamed it would wreak so much havoc on so many banks. More than a year after the credit crisis first flared, Bair, the chairwoman of the Federal Deposit Insurance Corp., warned yesterday that the outlook for the ailing banking industry was bad – and getting worse.
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Housing market struggles for balance (Gazette.Net)
With little relief this summer, Maryland's home foreclosure rate continued at a rapid clip through July, with Frederick County showing the biggest jump from June and Prince George's County still with the state's highest rate.
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Top Scoops (Scoop.co.nz)
If he's the answer, then the question must be ridiculous. - NY Governor David Paterson on John McCain
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Fannie, Freddie Mac rise again (Contra Costa Times)
n Lenders catch a break as their need lowers for additional capital
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