Tuesday, February 21, 2012

Clippings, February 15-20, 2012

KUNC: Feb 16, 2012
Ryan McMaken, an economist with the state Division of Housing, says while that’s a good sign, it’s not clear yet how the recent multi-state, multi-billion dollar foreclosure settlement will impact that trend.

“I’m now hearing that a lot of these servicers had been holding back a little bit in terms of foreclosure processing as they waited for the outcome of the Attorney General’s agreement, the settlement that came down last week. And so now some people are expecting those numbers to come up a little bit.”

Denver Business Journal, February 16, 2012
“Foreclosure filings during January fell to levels well below any other January since 2008, and this continues a trend of diminished foreclosure filings activity that we’ve been seeing since the fall of 2010,” Ryan McMaken, a spokesman with the Colorado Division of Housing, said in a press release. “In year-over-year comparisons, foreclosure filings have now fallen for 14 months in a row, which suggests a well-established trend at this point.”

Sacramento Bee, February 16, 2012 (Associated Press)
Housing division spokesman Ryan McMaken says there have been some indications that lenders have been delaying foreclosure proceedings until after the deal was finalized.

Denver Post, February 16, 2012
January 2012's filings total was the lowest January total reported in five years, according to Ryan McMaken, a spokesman with the Colorado Division of Housing.

"Foreclosure filings during January fell to levels well below any other January since 2008, and this continues a trend of diminished foreclosure filings activity that we've been seeing since the fall of 2010," said McMaken.

Two commentary articles of mine were picked up by the Christian Science Monitor:

Hillary Clinton's new job: At the world bank?
Christian Science Monitor
By Ryan McMaken, Guest blogger / February 20, 2012 Secretary of State Hillary Rodham Clinton speaks during a news conference at the State Department in ...

Spanish real estate bust leads to ghost towns
Christian Science Monitor
By Ryan McMaken, Guest blogger / February 17, 2012 A lone joggers runs past apartment blocks in Sesena in the Toledo Provence near Madrid, Spain.