Foreclosure Feeds

Foreclosure Is Latest Challenge for Knicks' Curry

Wed, 01 Jul 2009 04:45 GMT

Banks Balk at Agency Meant to Aid Consumers New York Times Banks and mortgage lenders are placing top priority on killing President Obama’s proposal to create a new consumer protection agency that would regulate home loans, credit card fees, payday...(read more)

Foreclosure Is Latest Challenge for Knicks' Curry

Tue, 30 Jun 2009 17:00 GMT

According to court documents, Eddy Curry is behind on $217,502 in payments on a $3.7 million mortgage, adding to a year of legal troubles, personal anguish and professional setbacks.

Home-Price Declines in 20 U.S. Cities Eased in April

Tue, 30 Jun 2009 06:45 GMT

Home-Price Declines in 20 U.S. Cities Eased in April Bloomberg Home prices in 20 major U.S. metropolitan areas fell in April at a slower pace than forecast, a sign the plunge in real-estate values is abating. The S&P/Case-Shiller home-price index...(read more)

Paper Avalanche Buries Plan to Stem Foreclosures

Mon, 29 Jun 2009 04:53 GMT

Paper Avalanche Buries Plan to Stem Foreclosures New York Times Somewhere on earth, there must be a more difficult task than this: persuading American mortgage companies to lower payments for homeowners who can no longer afford their loans. But as Karina...(read more)

Paper Avalanche Buries Plan to Stem Foreclosures

Sun, 28 Jun 2009 17:00 GMT

Agents trying to persuade mortgage companies to lower payments for homeowners are becoming frustrated.

Unemployment Vexes Foreclosure Plan

Fri, 26 Jun 2009 04:58 GMT

Unemployment Vexes Foreclosure Plan The Wall Street Journal Rising unemployment is complicating the Obama administration's effort to reduce foreclosures and stabilize the housing market. The first wave of mortgage delinquencies was sparked by borrowers...(read more)

Indiana Courts Set for Foreclosure Change

Thu, 25 Jun 2009 11:07 GMT

Indiana Courts Set for Foreclosure Change The Journal Gazette Though it might be August before Allen County court officials see any changes from a new mortgage law taking effect next week, they will be ready July 1. In the spring, the state legislature...(read more)

Not Paying the Mortgage, Yet Stuck With the Keys

Wed, 24 Jun 2009 05:07 GMT

Not Paying the Mortgage, Yet Stuck With the Keys The Washington Post A growing number of American homeowners are falling into financial limbo: They're badly behind on payments, but their banks have not yet foreclosed. The backlog of seriously delinquent...(read more)

Lost jobs forcing more out of homes

Tue, 23 Jun 2009 05:05 GMT

Lost jobs forcing more out of homes USA Today WASHINGTON — The nation's foreclosure crisis — once largely confined to only a few corners of the country — is spreading to new areas as the economy teeters. The foreclosure rates in...(read more)

Tax credit for home purchase could rise

Mon, 22 Jun 2009 05:10 GMT

Tax credit for home purchase could rise USA Today Lawmakers and businesses are calling for expansion of a tax credit for first-time home buyers that has helped spark home sales in an otherwise dismal real estate market. With the tax credit scheduled to...(read more)

DC Dispatch: Lockhart on the Future of Fannie and Freddie, Foreclosure Prevention

Sun, 21 Jun 2009 07:16 GMT

About one hour after hearing from Secretary Shaun Donovan of the U.S. Department of Housing and Urban Development, which has seen loan volume skyrocket over the past year to account for about 24 percent of the mortgage origination market, a small group...(read more)

DC Dispatch: Donovan Reinforces Obama Regulatory Reform

Sat, 20 Jun 2009 06:48 GMT

The newly appointed secretary for Housing and Urban Development used an appearance before some of the nation's real estate editors and writers to outline President Barack Obama's new proposal for regulating the financial industry as well as to...(read more)

Hard Times for New England's 3-Deckers

Fri, 19 Jun 2009 17:00 GMT

Three-decker homes, a regional emblem in New England, are being foreclosed on at disproportionate rates, left to decay and even razed.

DC Dispatch: Changing Real Estate Realities, Redeemers

Fri, 19 Jun 2009 11:02 GMT

Three leading real estate analysts, each representing a powerful industry organization, offered their insight on changing realities in real estate and the channels where they see signs of redemption at the National Association of Real Estate Editors 43rd...(read more)

Foreclosures Grind on as Lenders Fail to Modify Loans

Fri, 19 Jun 2009 10:33 GMT

Foreclosures Grind on as Lenders Fail to Modify Loans USA Today The Obama administration's $75 billion program to reduce foreclosures has been beset by backlogs and delays, leading many overstretched homeowners to complain about unreturned phone calls...(read more)

Forecasters Call for U.S. Turnaround in 2010

Fri, 19 Jun 2009 06:35 GMT

Forecasters at Chapman University in Orange, Calif., are even more confident now that their forecast calling for the U.S. economy to begin turning around during the second half of 2009 is right on target — given the latest economic data. During...(read more)

Awaiting a Rebound, Back With the Folks

Sat, 13 Jun 2009 17:00 GMT

Colt Phipps, 41, a mortgage broker for 15 years, moved back into his parents' house after the company he worked for closed and a bank foreclosed on his own home.

Avoiding Firms That Prey On Troubled Homeowners

Fri, 12 Jun 2009 17:00 GMT

Businesses falsely promising to save homeowners from default are bilking customers, sometimes for thousands of dollars.

Spike in Interest Rates Could Choke Recovery

Fri, 12 Jun 2009 05:15 GMT

US Sen Offers Bill To Expand Home Buyer Tax Credit Wall Street Journal A tax credit currently limited to certain first-time home buyers would expand dramatically under legislation introduced by U.S. Sen. Johnny Isakson, R-Ga. Under the legislation, any...(read more)

Foreclosures and ‘O.C. Housewife’ Housing Woes

Fri, 12 Jun 2009 03:16 GMT

Ritzy repos are on the rise in Orange County, Calif. — just ask Coto de Caza resident Jeana Keough, who stars in “The Real Housewives of Orange County,” and is fighting to save her swanky chalets from the auction block. Keough, who is...(read more)