Foreclosure Rates

Homeowners Turn To Representing Themselves In Foreclosure Court

The New York Times | David Streitfeld | Posted 05.25.2011

Read More: Business News, Foreclosure Mess, Foreclosure Rates, Foreclosure Courts, Foreclosed Homeowners, Housing Market, Business News

Lawyers are scarce and free legal assistance is overwhelmed in New Mexico, so a community center here is offering an hourlong class in how to download...

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WATCH Bill Maher: Jewel-Encrusted Bras And The Case For Wealth Redistribution

Posted 05.25.2011

Read More: Foreclosure Rates, Bill Maher, Unemployment, Victoria's Secret, Financial Crisis, Income Gap, Media, Real Time, Income Inequality, Comedy News

How is it that headlines about a $2 million jewel-encrusted bra can coexist in the same newscast alongside stories about 10 percent unemployment and r...

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10 Percent Of Homeowners Will Hit Major 'Walk Away' Point By June 2010

New York Times | DAVID STREITFELD | Posted 05.25.2011

Read More: White House, Foreclosure Rates, Making Home Affordable, Anti-Foreclosure Programs, Walk Away, Obama, Homeowners, Real Estate, Housing Crisis, Underwater Mortgages, Mortgages, Credit, Predatory Lending, Wall Street, Foreclosure, Guild, Business News

After three years of plunging real estate values, after the bailouts of the bankers and the revival of their million-dollar bonuses, after the Obama a...

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Foreclosures Growing In Housing Market's Top Tiers

Wall Street Journal | NICK TIMIRAOS | Posted 05.25.2011

Read More: Mortgage, Foreclosure Rates, Defaults, Recession, Real Estate, Housing Crisis, Housing Data, Foreclosure, Housing Statistics, Home Values, Mortgate Defaults, Housing Report, Subprime Mortgages, Zillow, Economy, Prime, Business News

About 30% of foreclosures in June involved homes in the top third of local housing values, up from 16% when the foreclosure crisis began three years a...

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1 Out Of 4 Borrowers In Anti-Foreclosure Program Are Late Paying New Mortgage Bill

Washington Post | Renae Merle | Posted 05.25.2011

Read More: Foreclosure Rates, Timothy Geithner, Making Home Affordable, Lenders, Chase, Mortgage Servicers, Treasury, Borrowers, Financial Crisis, Obama, Foreclosure, Real Estate, JP Morgan Chase, Business News

So far, more than 650,000 borrowers have been enrolled into the initial, or "trial," phase of the program and have seen their payments lowered by an a...

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Government Pays Mortgage Servicers Billions, While Homeowners Suffer

McClatchy Newspapers | Chris Adams | Posted 05.25.2011

Read More: Treasury Department, Foreclosure Rates, Foreclosure Crisis, Banks, Bank of America, Recession, Mortgage Servicers, Lenders, Saxon Mortgage, Home Affordable Modification Program, CitiFinancial, Mortgage Modification, Unemployment, Foreclosure, HAMP, Gao, Treasury, Citi, Homeowners, Tarp, Economy, Government Accountability Office, Business News

WASHINGTON -- The federal government is engaged in a massive mortgage modification program that's on track to send billions in tax dollars to many of ...

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Bank of America Trailing Behind Other Banks In Mortgage Relief

Washington Post | Renae Merle | Posted 05.25.2011

Read More: Geithner, Baillout, Mha, Bank of America, Homeowners, Foreclosure Prevention, Making Home Affordable, Mortgage Crisis, Foreclosure Rates, Loan Modifications, Mortgage, Countrywide, Lenders, Finance, Default, Making Home Affordable Program, Mortgage Relief, Treasury, Banks, Foreclosure, Timothy Geithner, Housing Crisis, Business News

Bank of America employees are reminded every day of how far they still have to go. Just outside the elevators of their vast third-floor command center...

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Gretchen Morgenson: Why The Treasury Needs A Plan B For Mortgages

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011

Read More: Foreclosure Rates, Mortgage Bankers Association, Timothy Geithner, Loan Modifications, Mortgage Modification, Making Home Affordable, Mortgage Servicers, Treasury, Housing Crisis, Foreclosure, Mortgage Crisis, Business News

A stalled loan modification plan might not be worrisome if the foreclosure crisis were abating. Yet at the end of September, a record 14.4 percent of ...

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Homeowners Left In Limbo As Banks Delay Foreclosure

washingtonpost.com | Renae Merle | Posted 05.25.2011

Read More: Foreclosure Rates, Mortgage Crisis, Foreclosure, Housing Crisis, Foreclosed Homes, Deliquent Mortgages, Foreclosure News, Business News

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

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Military Towns' Foreclosures Surge At Four Times The National Average

Bloomberg | Kathleen M. Howley | Posted 05.25.2011

Read More: Foreclosure Rates, Military Towns Foreclosure Rates, Military Towns, Mortgage Crisis, Business News

U.S. Air Force Technical Sergeant Jeffrey VerSteegh, who repairs F-16 jets for the 132nd Fighter Wing, departed Des Moines, Iowa, in April for his thi...

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US Home Foreclosures Soar in January

AP | ALEX VEIGA | Posted 05.25.2011

Read More: Foreclosure, Foreclosure Rates, U.S. Economy, Housing Crisis, Subprime Mortgage Crisis, Credit Crunch, Recession, Recession Watch, Business News

LOS ANGELES — The number of homes facing foreclosure jumped 57 percent in January compared to a year ago, with lenders increasingly forced to ta...

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