Foreclosure Feeds

New round of foreclosures threatens housing market

Fri, 12 Mar 2010 05:32 GMT

New round of foreclosures threatens housing market March 12, 2010 — Washington Post The housing market is facing swelling ranks of homeowners who are seriously delinquent but have yet to lose their homes, and this is threatening a new wave of foreclosures...(read more)

Loan Modification Program Starts to Get Some Traction

Thu, 11 Mar 2010 18:00 GMT

The Treasury Department said that more than 168,000 households had received permanent new mortgages under its modification plan.

A New Chapter for Bankruptcy

Thu, 11 Mar 2010 18:00 GMT

A proposal to make our bankruptcy system simpler and to make it easier for debtors to get back on their feet.

RealtyTrac's Sharga Explains February Slowdown in Foreclosure Activity on Fox Business News

Thu, 11 Mar 2010 14:23 GMT

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RealtyTrac SVP Rick Sharga Discusses February Foreclosure Activity on MSNBC

Thu, 11 Mar 2010 12:27 GMT

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Foreclosure Filings Increase at Slowest Pace in Four Years

Thu, 11 Mar 2010 06:18 GMT

Foreclosure Filings Increase at Slowest Pace in Four Years March 11, 2010 — Wall Street Journal U.S. foreclosure filings rose 6% in February from a year earlier, the smallest increase in four years, according to RealtyTrac. Severe winter weather...(read more)

Brockton activist takes foreclosure woes to Bernanke

Wed, 10 Mar 2010 06:11 GMT

Brockton activist takes foreclosure woes to Bernanke March 10, 2010 — Boston Globe Katie Sandford is a Brockton housing activist and young mother who worries about how foreclosures have damaged her city. Yesterday, she was able to have her say with...(read more)

Even High-Score Borrowers at Risk of Mortgage Default

Tue, 09 Mar 2010 18:00 GMT

A high credit score won't necessarily insulate borrowers from the home-foreclosure crisis, according to a new study from FICO.

Bills Could Help Slow Foreclosures

Tue, 09 Mar 2010 05:25 GMT

Bills Could Help Slow Foreclosures March 9, 2010 — The Daily News Sitting lenders down with borrowers in danger of losing their homes to foreclosure is the goal of a pilot program that would be created by pending state legislation. Lawmakers from...(read more)

Program Will Pay Homeowners to Sell at a Loss

Mon, 08 Mar 2010 05:55 GMT

Program Will Pay Homeowners to Sell at a Loss March 7, 2010 — New York Times In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some...(read more)

The Dark Side of Home Subsidies

Sun, 07 Mar 2010 18:00 GMT

Fannie Mae and Freddie Mac owned more than 131,000 properties between them at the end of 2009, according to annual filings.

Program Will Pay Homeowners to Sell at a Loss

Sat, 06 Mar 2010 18:00 GMT

The Obama administration will offer distressed homeowners $1,500 to sell for less than the mortgage balance, along with incentives for banks.

Old-Fashioned Bulwark in a Tide of Foreclosures

Sat, 06 Mar 2010 18:00 GMT

A city agency and nonprofit groups build or rehabilitate moderate-income housing, then scrutinize buyers' credit. And they avoid the national foreclosure crisis.

Can a New Web Site Streamline Home Buying?

Fri, 05 Mar 2010 05:55 GMT

Can a New Web Site Streamline Home Buying? March 4, 2010, The Real Deal Matt Daimler, a technology wiz with little background in real estate, thinks he could solve some of the most vexing problems in New York City residential sales today. His new site...(read more)

An Agent of Evictions, Surprised by the Humanity She Sees

Thu, 04 Mar 2010 18:00 GMT

Susan J. Parker is a process server, and while she has seen some people at their worst, she has also seen good manners and even relief.

Recovery? Yes, a Little

Thu, 04 Mar 2010 18:00 GMT

Slowly, signs of confidence are returning to the region's housing market. But there are at least three significant bumps on the road to recovery.

Pending Home Sales Fall 7.6 Pct. in Jan

Thu, 04 Mar 2010 05:41 GMT

Pending Home Sales Fall 7.6 Pct. in Jan March 3, 2010, ABC News via the Associated Press The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern...(read more)

Mortgage Rate Drop Below 5% Stirs Demand

Wed, 03 Mar 2010 06:52 GMT

Mortgage Rate Drop Below 5% Stirs Demand March3, 2010, CNBC U.S mortgage rates retreated below 5 percent last week, propping demand for home loans after purchase applications sank to a nearly 13-year low the prior week, Mortgage Bankers Association data...(read more)

As Foreclosures Continue ...

Sun, 28 Feb 2010 18:00 GMT

President Obama's plan to prevent foreclosures in five states hard-hit by the housing bust must be implemented quickly and should set the pace for a national program.

Another Foreclosure Alternative

Sat, 27 Feb 2010 18:00 GMT

With short sales beyond the reach of some homeowners, another foreclosure alternative is emerging: “deeds in lieu of foreclosure.”