The nation’s gross domestic product fell 6.1% in the first quarter — nearly the same pace as the end of 2008, and a much sharper drop than expected.
NEW YORK (CNNMoney.com) — The U.S. economy shrank at a pace of 6.1% in the first quarter — almost as much as it did in the fourth quarter [...]

Up to a third of the homes being foreclosed are so trashed they may never be sold, Drew Griffin reports.
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March and first-quarter total filings were the highest monthly and quarterly totals on record. Repossessions fall 3%.
NEW YORK (CNNMoney.com) — Foreclosures skyrocketed in March and the first quarter of 2008 to their highest levels on record as banks lifted moratoria on filings.
Foreclosure filings – which include default papers, auction sale notices and repossessions – reached [...]

Donald Trump visited “Larry King Live” on Wednesday night to tout his new book, “Think Like a Champion.”
The following interview has been edited for brevity and clarity:
Larry King: Why this book?
Donald Trump: A lot of people wanted me to do a book right now about these troubled times that we’re all in.
And it’s been sort of interesting. [...]

The newest and fastest way to receive FREE foreclosure lisings in your inbox on an updated or daily basis is www.FindAForeclosureNow.com.
They are already helping folks find deals in this fantastic buyer’s market with updated information so that buyers do not have to sift through the myriad of short sales on the market (of which 80% [...]

CNN’s Gerri Willis and her expert guests discuss how foreclosure works and how long a child can be a dependent.
Click below  to see a video on “How Long Will It Take Your Mortgage Company To Foreclose On You If You Do Not Have  A Plan”
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Agencies join forces to prevent foreclosure and mortgage scams in new federal housing loan program.
NEW YORK (CNNMoney.com) — In the wake of an Obama administration program to rescue troubled homeowners, several federal agencies are teaming up to fight mortgage and foreclosure scams, Treasury Secretary Tim Geithner said Monday.
The administration’s $75 billion effort to help as [...]

LAKE ELSINORE, California (CNN) — The two-story homes on Fir Circle in an upscale Lake Elsinore, California, neighborhood tell two stunningly different tales.
Some are vacant, bank-owned and beat-up inside. Others are filled with kids’ laughter and the sounds of boxes unpacking and families moving in.
Mary Ann Lepley, her husband, Derrick, and their 2-year-old daughter, Melody, [...]