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House Keys

• CoreLogic: Florida leads nation in foreclosure inventory

  Florida has the nation’s highest foreclosure inventory, according to a report Wednesday from CoreLogic, a California research firm.

  Roughly 12 percent of all homes with a mortgage in the Sunshine State were in some stage of foreclosure as of December, virtually unchanged from a year ago. New Jersey is second [...]

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• Paying homeowners to complete short sales

  Bloomberg is out with a piece on banks offering cash to homeowners to complete short sales.

  We wrote a similar story last summer.

  The lenders are trying to get bad loans off their books and hoping the money ensures cooperation from the homeowners.

  Obviously, it’s a fantastic deal if you [...]

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