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Mick Jewell's Blog

FOMC STATEMENT: $600 Billion QE Program. Initial Market Reaction Negative. Don't Panic!
Updated Oct. 9, 2013
To promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate, the Committee decided today to expand its holdings of securities. The Committee will maintain its existing policy of reinvesting principal payments from its securities...
Foreclosure Filings Fall in October. Robogate Fallout Skews Report
Updated Oct. 9, 2013
RealtyTrac reported Thursday that one in every 389 U.S. housing units was the subject of a foreclosure filing in October. The 332,172 filings during the month represented, a 4 percent decrease from the September figures and was nearly identical to the number of filings in October 2009.RealtyTrac, located in...
Foreclosures at All time high
Updated Oct. 9, 2013
One in every 45 U.S. housing units was the subject of a foreclosure filing in 2010, a year in which a total of 3,825,637 such filings were recorded. Foreclosure filings include default notices, scheduled auctions and bank repossession. In all, 2,871,891 properties were affected by the filings, a new record. The...

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