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Snapple co-founder dies at 85
IRVINE, Calif., Feb. 1 (UPI) -- Home foreclosures across the United States declined in December, extending a critical component of the housing recovery, a mortgage tracking firm said.
The 19.5 percent decline in foreclosures, since December 2011, will lead to a faster recovery in 2013, and fewer repossessed homes on the market could lead to higher real estate prices, the Los Angeles Times said Friday.
"The most encouraging foreclosure trend reported here is that the inventory of foreclosed properties is almost 20 percent smaller than a year ago. We are working toward resolving the backlog," said Mark Fleming, chief economist for CoreLogic of Irvine, Calif., the mortgage tracking firm that released the data.
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ALGIERS, Algeria, May 24 (UPI) --
Algeria's government is under pressure to ease its foreign energy investment laws after BP warned it may delay important projects in the North African state.
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ARLINGTON, Va., May 24 (UPI) --
BAE Systems has received a two-year contract extension from the U.S. Army Space and Missile Defense Command to support its Future Warfare Center.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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