Federal Government Increases Pressure On Banks

July 10, 2009

Treasury Secretary Geithner pleaded for more attention and
resources from the largest mortgage servicers in an effort to coordinate
efforts to stave off another foreclosure boom. The administration fears as many
as four million homes hang in the balance and would benefit from loan
modification.

http://www.reuters.com/article/domesticNews/idUSTRE5693O820090710

Overall Property Prices Rose in First Quarter 2009

July 10, 2009

Clear Capital announced a 1.7% increase in overall property
prices for the first quarter of 2009, the first such increase since 2006. The
strongest gains occurred in places affected the least by the overall downturn,
while price slides continued in the hard-hit metro areas of Nevada
and Florida.

http://www.themovechannel.com/news/49b6fd49-1edb/