Housing Crash

The Cities Most Devastated By Foreclosure

24/7 Wall St. | Michael B. Sauter | Posted 05.25.2012

Read More: Foreclosures, Foreclosure Crisis, Video, Housing Crash, 24/7 Wall St., Mortgage Crisis, Slideexpand, Las Vegas, Fiserv Case-Shiller, Business News

From 24/7 Wall St.: According to data released last week, the worst effects of the housing crisis are beginning to wind down. RealtyTrac’s latest re...

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Fake Real Estate Agent Allegedly Bilked Buyers With Open Houses In Foreclosed Homes

The Huffington Post | Harry Bradford | Posted 05.24.2012

Read More: Mortgages, Video, Housing Market, Nypd, Thomas Parkin, Housing Crash, Real Estate Scams, Open Houses, Real Estate, Mortgage Scams, National Mortgage Settlement, Paul Vencatasawmy, Business News

One real estate scammer in Florida seems to have taken the term “open house” a little too literally. Paul Vencatasawmy allegedly raised $250,00...

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First-Time Homebuyers Boost Sales Of Previously Owned Homes

AP | MARTIN CRUTSINGER | Posted 05.22.2012

Read More: Sales of Previously Owned Homes, Housing Bust, Housing Market, Video, Housing Crash, Housing Recovery, Home Sales, U.S. Housing Market, Business News, u.s. Home Sales, First-Time Home Buyers, Existing Home Sales, Business News

WASHINGTON — Americans are buying more homes in every region of the country, the latest indication that the housing market could be on the mend....

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'We Are Right Back Where We Were Two Years Ago'

Reuters | Posted 04.05.2012

Read More: Foreclosure Crisis, Housing Market, Video, Housing Crash, Foreclosure Crisis 2012, Reuters, Business News, Foreclosure, Housing Crisis, Foreclosure Settlement, Home Foreclosures, Business News

By Nick Carey GARFIELD HEIGHTS, Ohio, April 4 (Reuters) - Half a decade into the deepest U.S. housing crisis since the 1930s, many Americans a...

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The Housing Bottom Is In, Says Bank Of America

The Huffington Post | Mark Gongloff | Posted 03.22.2012

Read More: Mortgages, Housing Crash, Housing, Home Prices, Bank of America, Banking, Banks, House Prices, Housing Crisis, Business News

Bank of America probably hopes its economists have this one right. In a new research report on Thursday, Bank of America-Merrill Lynch mortgage str...

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Huge Number Of America's Senior Citizens Can't Afford Basic Needs

The Huffington Post | Alexander Eichler | Posted 03.02.2012

Read More: Elderly, Baby Boomers, Social Security, Poverty, Senior Poverty, Health Care Costs, Retirement, Cost of Living, Household Expenses, Senior Unemployment, Elderly Americans, Video, Retirees, Senior Citizens, Housing Crash, Health Care, 55 and Over, 65 and Older, Business News

More than 9 million older Americans can't pay their bills. The costs of living -- basic expenses like food, housing, health care and transportation...

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The Rent Is Too Damn High In Every State In America

The Huffington Post | Alexander Eichler | Posted 02.17.2012

Read More: Housing Market, Housing Prices, Housing Bust, Rent, Renting, Apartments, Rentership, Homeowners, Rental Units, Working Poor, Video, Homelessness, Housing Crash, Homeownership, Doubling Up, Low-Income Housing, Renters, Rental Housing, Business News

The poorest people in America are running out of places to live. In every state in the country, there are people looking for cheap rental housing -...

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Policy Follies in the Housing Market: The First-Time Homebuyers Tax Credit

Dean Baker | Posted 04.14.2012

Read More: Housing Crisis, Obama Housing Crisis, Obama-Homebuyers-Tax-Credit, First-Time Homebuyers Tax Credit, Housing Crash, GOP Housing Plan, Homebuyers Tax Credit, Obama Housing Plan, Business News

If this policy had been proposed by liberals with the idea of helping the poor, its failure likely would have been a huge political issue in the 2012 election and likely for many years beyond.

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SEC May Target Big Banks In Lawsuit Over Mortgage-Backed Securities

The Huffington Post | Alexander Eichler | Posted 02.09.2012

Read More: Deutsche Bank, Goldman Sachs, Merrill Lynch, JPMorgan Chase, Video, Housing Bust, Subprime Mortgages, Housing Crash, Subprime Mortgage Crisis, Ally Financial, Bank of America, Mortgage Crisis, Mortgage-Backed Securities, Housing Crisis, Citigroup, Business News

Regulators may be preparing a lawsuit against some of the country's largest banks in order to probe their role in the acceleration of the financial cr...

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Job Relocation Help Less Likely For Homeowners

HuffingtonPost.com | Alexander Eichler | Posted 02.02.2012

The percentage of people moving for new jobs fell to a near-historic low in the second half of 2011, according to a recent report, as the housing bust...

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Housing Bust Continues To Haunt Big Banks

AP | By PALLAVI GOGOI | Posted 01.14.2012

NEW YORK -- The economy may be healing, but banks are suffering from a housing hangover. JPMorgan Chase spent $3.2 billion last year to fight lawsuit...

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DOJ Pushes Giving Foreclosure Mediation A Boost

The Huffington Post | Jillian Berman | Posted 01.10.2012

Read More: Foreclosures, Foreclosure Crisis, Video, Housing Crash, Justice Department Foreclosure Mediation, Business News, Justice Department, Foreclosure Mediation, Housing Crisis, Business News

Suddenly all the government agencies are giving their two cents on foreclosure. Foreclosure mediation, the process whereby homeowners negotiate wi...

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DOJ Reaching Out To Smaller Lenders As It Nears Mortgage Settlement With Big Banks

Reuters | Posted 03.10.2012

Read More: Business News, Mortgage Crisis, Video, Mortgage Settlement, Justice Department, Housing Crash, Justice Department Mortgage Settlement, 50 State Mortgage Settlement, Reuters, Business News

* Officials talk to smaller servicers about settlement * Servicers had entered consent orders with regulators * Announce...

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Foreclosure Not Best Solution To Housing Crisis: Fed Report

The Huffington Post | Jillian Berman | Posted 01.04.2012

Read More: US Housing Crisis, Video, Foreclosure Crisis, Housing Crash, Business News, Ben Bernanke Federal Reserve, Federal Reserve, Foreclosure, Housing Crisis, Foreclosure Federal Reserve, Business News

More than four years into the housing crisis, and after millions of Americans have lost their homes, Federal Reserve Chairman Ben Bernanke is finally ...

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Pamela Anderson Ready To Rent

The Huffington Post | Ann Brenoff | Posted 11.29.2011

Read More: Airbnb, Homeaway, Housing Market, Vacation Rentals, Second Home Market, Housing Crash, Hamptons, Home Prices, Baywatch, Malibu Colony, Vrbo, Real Estate, Second Homes, Pamela Anderson, Business News

Pamela Anderson has been a poster girl for many things, and now she may become the face of the sluggish high-end real estate market. The former "Baywa...

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Government Sues Major Mortgage Lender For Billions Over Faulty Loans

Posted 01.01.2012

Read More: Federal Housing Administration, Allied Home Mortgage, Business News, Mortgage Crisis, Allied Home Mortgage Lawsuit, Video, Housing Crash, Home Loans, Housing Crisis, Department of Housing and Urban Development, Business News

The government sued Allied Home Mortgage Capital Corp and two top executives for at least $2.5 billion, accusing the company of fraud for misleadi...

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Cities With The Most Underwater Mortgages

24/7 Wall St. | Michael B. Sauter, Charles B. Stockdale | Posted 12.28.2011

Read More: Mortgages, Foreclosure Crisis, Housing Crash, Great Recession, Countrywide Financial, President Barack Obama, Mortgage Crisis, Homeowners, Nationwide, Business News

From 24/7 Wall St.: Earlier this week, President Obama announced he would extend the mortgage refinancing program in an effort to provide relief to ho...

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Housing Crisis Made Young People Less Confident In Homeownership: Study

The Huffington Post | Jillian Berman | Posted 12.20.2011

Read More: Foreclosure Crisis, Housing Crash, Homeownership, Mortgage Crisis, Business News, Real Estate, Housing Crisis Young People, Young People, Housing Crisis, Video, Business News

The housing crisis has made young people less confident in the idea of homeownership, while its had the opposite effect on older Americans, a new stud...

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Fed's Tarullo: Housing 'Continues To Hang Like An Albatross' On Economy

Posted 12.20.2011

Read More: Video, Housing Crash, Fed, Federal Reserve Board of Governors, Mortgage Crisis, Federal Reserve, Mortgage Bonds, Daniel Tarullo, Housing Crisis, Business News

NEW YORK (Reuters) - The Federal Reserve should consider buying more mortgage bonds to support a fragile economic recovery and a downtrodden housi...

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Good Credit Not Enough For Homebuyers Looking For A Loan

USA TODAY | By Julie Schmit | Posted 11.14.2011

Read More: Mortgage Crisis, National Association of Realtors, Home Buyers, Credit Score, Mortgage Rates, Homeowners, Housing Crash, Housing Crisis, Homeownership, Business News

Homebuyers such as Bob and Janet Zych have fueled the U.S. housing market for decades. They have excellent credit with scores that top 800, life-lo...

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Las Vegas Property Sells For 15 Percent Of Its 2007 Price Tag

Huffington Post | James Sunshine | Posted 08.10.2011

Read More: Tropicana, Colliers, Housing Crash, Third World America, Nevada Housing Boom, Barack Obama, Vegas Inc, Las Vegas Strip, Las Vegas, Business News

In 2007, when Dominic Magliarditi bought a Las Vegas property, it cost him $30.2 million. Just four years later, that same property would be sold for ...

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New Home Sales Inch Up From Rock Bottom

HuffingtonPost.com | Lila Shapiro | Posted 06.25.2011

Read More: Census Bureau, Housing Market, Housing Crash, Economy, Home Sales, New Home Sales, Financial Crisis, Economic Recovery, Housing Crisis, Business News

Sales of new homes rose slightly in March after reaching a record low in February, bolstering hopes among economists and home builders that the housin...

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Greenspan On Financial Crisis: 'Not Bad'

The Huffington Post | William Alden | Posted 05.25.2011

Read More: Business News, Interest Rates, Financial Crisis, Federal Reserve, Alan Greenspan, Housing Crash, Economic Crisis, Business News

Former Federal Reserve chairman Alan Greenspan oversaw policies that contributed to the worst economic catastrophe since the Depression. But the morni...

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Weekly Audit: More Jobs Please

The Media Consortium | Posted 05.25.2011

Read More: Home Affordability Modification Program, Foreclosures, Obama Jobs Bill, The American Prospect, President Obama, Republican Obstructionism, Financial Transactions Tax, Christopher Hayes, Institute for Policy Studies, Obama, Budget Deficit, The Nation, Linktv, Alternet, Steve Benen, Foreclosure Crisis, Mother Jones, Hamp, Andy Kroll, Recovery Act, Stimulus Package, Dean Baker, Afro-Netizen, The Washington Monthly, Economic Stimulus Package, Jobs Bill, Financial Speculation, Obstructionist Republicans, Sarah Anderson, Economic Policy Institute, Mortgage Crisis, Chris Rabb, Colorlines, Housing Crash, Michelle Chen, Center for Economic Policy and Research, Working in These Times, Economic Stimulus, Josh Bivens, Economy, Home News

>By Zach Carter, Media Consortium Blogger One year after President Barack Obama secured passage of his critical economic stimulus package, the U.S. Se...

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Atlantic: Did Christianity Cause The Housing Crash?

The Atlantic | Hanna Rosin | Posted 05.25.2011

Read More: Prosperity Gospel, Religion, Christianity Housing Crash, Housing Market, Housing Crash, Christianity, Financial Crisis, Business News

America's churches always reflect shifts in the broader culture, and Casa del Padre is no exception. The message that Jesus blesses believers with ric...

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