Foreclosed Homes

Pedophile Pediatrician's Foreclosed Home Gets No Bids At Auction

Posted 05.16.2012

For some, a home's former owner can haunt the property forever. The foreclosed former home of Earl Bradley, a pedophile pediatrician, didn’t net...

Voters In One Town Want Banks To Pay Big Time For Neglecting Foreclosed Homes

The Huffington Post | Alexander Eichler | Posted 05.12.2012

If San Diego voters had their way, banks would be paying out, big time. Seventy percent of San Diegans who responded to an opinion poll conducted l...

PHOTOS: Protestors Collect Trash From Foreclosure, Deliver To Bank

Posted 05.07.2012

Neighbors from Liberty City rallied together Thursday to gather trash at an abandoned, foreclosed home and then deliver the garbage to a downtown bran...

'They're Mad At The Bank, So They Take It Out On The House'

Posted 04.29.2012

Home owners who have had their houses taken away in foreclosure sometimes take their anger out on the houses themselves. WTEV reports on a foreclos...

Turning Foreclosures Into Rentals, The Federal Reserve Way

AP | Posted 04.06.2012

WASHINGTON -- The Federal Reserve has issued policy guidelines for banks turning foreclosed homes they own into rentals, a trend that could help boost...

Loren Berlin

Why Renting Is Better Than Owning, Bernanke's Take

HuffingtonPost.com | Loren Berlin | Posted 01.06.2012

While millions of foreclosed homes languish on the market at lower and lower prices, new data supports the idea that renting out these foreclosed home...

Ordinance Would Give Banks A Break On Foreclosed Properties

Posted 12.18.2011

Just one week after five Chicago women were arrested while protesting the decrepit conditions of bank-owned vacant homes that they say bring crime int...

Swiss Banker's Reaction to U.S. Treasury Hiding A.I.G. Loss

Iris Mack | Posted 05.25.2011

Iris Mack

Goldman Sachs and JP Morgan are being subsidized by the Federal Reserve. Why can't the Fed instead subsidize Americans who want a job? How stupid do they think the American taxpayer is?

Banks To Allow Local Groups To Buy Foreclosed Homes Before Speculators

AP | ALAN ZIBEL | Posted 05.25.2011

WASHINGTON — Major banks are agreeing to give local governments and nonprofit groups the ability to buy foreclosed homes before they are sold to...

Federal Agenices Say They're Probing Foreclosure Problems...But Lenders Are Resuming Foreclosures

AP | PETE YOST | Posted 05.25.2011

WASHINGTON — A federal law enforcement official says the FBI is in the initial stages of trying to determine whether the financial industry may ...

Nonprofits Unable To Keep Up With Growing Suburban Poverty, New Reports Say

Posted 05.25.2011

The national recession has had a suffocating impact on the middle class, with high rates of unemployment, home foreclosure and other hardships pushing...

5 Areas Where 'House Flipping' Is Booming Once Again (PHOTOS)

Posted 05.25.2011

At least one of the risky money-making schemes from the pre-crisis era has resumed in full force. As Bloomberg noted yesterday, house flipping -- the...

House Flipping Is BACK: Sales Of Foreclosed Homes Booming In Crisis Hotspots Like Las Vegas, Arizona

bloomberg.com | Phrashant Gopal | Posted 05.25.2011

In Phoenix, 4,661 foreclosed homes changed hands within six months of being purchased in 2009, an increase of 81 percent from the year earlier, accord...

Foreclosures: 'Worst Three Months Of All Time'

CNNMoney.Com | Les Christie | Posted 05.25.2011

Despite concerted government-led and lender-supported efforts to prevent foreclosures, the number of filings hit a record high in the third quarter, a...

Homeowners Left In Limbo As Banks Delay Foreclosure

washingtonpost.com | Renae Merle | Posted 05.25.2011

A growing number of American homeowners are falling into financial limbo: They're badly behind on payments, but their banks have not yet foreclosed. ...

Foreclosed Homes May Become Hurricane Shelters

AP | LISA ORKIN EMMANUEL | Posted 05.25.2011

MIAMI — Trying to make the best of a bad situation, federal officials might use foreclosed homes as temporary housing for hurricane evacuees in Flor...

Another Midnight Run: Foreclosure Crisis Hits Close to (my) Home

Esther J. Cepeda | Posted 05.25.2011

Esther J. Cepeda

This is what foreclosure feels like from the outside. All of a sudden, trusted neighbors whose children I was watching grow up are gone and all that's left is a littered, empty home.

Photos Of The Foreclosed: Bobcats, Protesters And Roseanne, Oh My!

Matthew Palevsky | Posted 05.25.2011

The story of America's housing crisis often ends up being told in a stream of numbers -- hundreds of thousands of dollars of debt, thousands of forecl...

Housing Values Drop, Sting Bank Stocks

Wall Street Journal | James R. Hagerty and Jonathan Karp | Posted 05.25.2011

The steep losses on sales of foreclosed homes are painful for banks and investors in the short run but should help clear the backlog. That would allow...