County foreclosures set record - again, an article from The Gazette, relays that according to a report by the County Public Trustee's Office, foreclosures totaled 488 in March, the third time since December that monthly foreclosures have set a record.  One thing to keep in mind about foreclosures, not every filing results in the loss of a home.  Some homeowners are able to come up with money and catch up on their missed payments or they work out a payment plan with a lender, who withdraws the foreclosure action.  Also, El Paso County's foreclosures are being spread out over a greater number of households because of the county's growth.  Despite the rise in foreclosures, the rate of foreclosure per household is much lower than 20 years ago.
http://www.gazette.com/articles/county_34841___article.html/foreclosures_foreclosure.html
 
April Marks 40 Years of Fair Housing, an article from Realtor.org, reports that REALTORS® continue to be outspoken advocates for fair housing, working with home buyers and sellers to ensure they receive equal access to affordable housing and homeownership, as America celebrates the 40th anniversary of the Fair Housing Act this month.  NAR President Dick Gaylord said, “NAR and its 1.3 million members pledge to continue our work educating home buyers and homeowners in our communities about fair housing laws, discrimination, and predatory lending practices, making the dream of homeownership viable for all Americans.”  In order for Americans to access affordable financing in all areas of the country, NAR is working with Congress to make permanent the new FHA conforming loan limits, mandated by the economic stimulus package.
http://www.realtor.org/rmodaily.nsf/pages/News2008040103