Personal Finance Daily: Where foreclosures take three years to process

	Personal Finance Daily DECEMBER 03, 2012 Monday's Personal Finance Stories By MarketWatch Don't miss these top stories: How foreclosure backlogs could hurt home buyers How long a foreclosure takes in your state 10 things cable companies won't tell you How to fix Medicare the right way It takes about three years for a foreclosure to be completed in New York, and nationally the average amount of time is rising too. Read more about how long foreclosure times could affect you in our new Home Economics column, and find out how long a foreclosure takes to process in your state. Plus, see the 10 things that cable companies won't tell you and check out a Rex Nutting column on how to fix Medicare right away in today's Personal Finance Daily. — Amy Hoak , assistant editor How foreclosure backlogs could hurt home buyers No wonder it is taking so long for the volume of foreclosures in progress to get back to a more normal level. The national average for the foreclosure process is 382 days, and 1,072 days in New York. How foreclosure backlogs could hurt home buyers. How long a foreclosure takes in your state Is the foreclosure process a long one in your state? Find out in this state-by-state list of the time it is taking to complete foreclosures. How long a foreclosure takes in your state. At 20, the text message is over the hill Wireless carriers have little to LOL about as cellphone users shift from texts to Internet messaging. At 20, the text message is over the hill. 10 things cable companies won't tell you Bundled packages aren't much of a deal, good service is hard to find and prices are rising faster than inflation. More reasons to cut the cord? 10 things cable companies won't tell you. ECONOMY AND POLITICS How to fix Medicare the right way We can no longer afford the most inefficient health-care system on the planet, writes Rex Nutting. The right way to fix Medicare is to control costs, not cut people off. How to fix Medicare the right way. U.S. manufacturers slow down in November Business among U.S. manufacturers contracts in November and falls to the lowest level in more than three years, according to a closely followed survey. U.S. manufacturers slow down in November. Protections in hedge-fund proposal axed: Aguilar A series of investor-protection provisions were removed from a hedge-fund advertising proposal on the eve of a vote on it, a top commissioner on the Securities and Exchange Commission tells reporters. Protections in hedge fund proposal axed: Aguilar. China manufacturing grows, but markets worry A closely watched indicator of Chinese manufacturing activity confirms a swing back to expansion, but stock markets languish as the data prove insufficient to dispel worries over next year's outlook. China manufacturing grows, but markets worry. INVESTING New dividend income source: tech stocks Investing for dividend income and investing in technology stocks aren't mutually exclusive anymore, writes Jonathan Burton. New dividend income source: tech stocks. Stocking stuffers for Santa Claus rally Which securities might you want to purchase in anticipation of a so-called Santa Claus rally? Stocking stuffers for Santa Claus rally. Picking the next winner in financial services The financial-services sector has had quite a run in 2012, and there's more profits to be taken, writes Wayne Ferbert. Picking the next winner in financial services. How to protect your portfolio in December In December, good things tend to come in small packages. writes Jim Lowell. How to protect your portfolio in December. Can Santa's sleigh scale the fiscal cliff? Whether the so-called fiscal cliff gets resolved by Congress sooner or later, Santa's sleigh will certainly have a few more houses to land on this year, writes David Kudla. Can Santa's sleigh scale the fiscal cliff? Will the real Santa Claus rally stand up? Wall Street is taking Santa Claus's good name in vain. Will the real Santa Claus rally stand up? Europe uneasy about Germany's failure to adjust Solvent Northern European countries, such as Germany, are still not doing enough to help Southern Europe by boosting domestic demand, writes David Marsh. Europe uneasy about Germany's failure to adjust. Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111