Repossession

Tales of the 99%: Riding With the Repo Man

Harmon Leon | Posted 04.14.2012

Read More: Reno Nevada, Economy, Repo Man, 99%, Auto Repossession, Repossession, Harmon Leon, Recession, Repo Men, Reno, For Sale by Owner, Culture News
Harmon Leon

Outside the Grand Sierra casino a huge video marquee has the blazoned words, "ANOTHER LUCKY WINNER CAROL S. $34,500." The large image of a smiley old ...

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Homeowner Associations Take A More Proactive Role In The Foreclosure Crisis

The Huffington Post | Alexander Eichler | Posted 10.24.2011

Read More: Housing Market, Foreclosure Crisis, Housing Sector, Condo Associations, Property Seizure, Distressed Properties, Home Foreclosures, Hoas, Condos, Home Prices, Housing Recovery, Banks, Foreclosure, Repossession, Homeowner Associations, Video, Business News

In a further indication of how far-reaching and deleterious the foreclosure crisis has become, homeowner groups have taken to suing banks in order to ...

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Foreclosures Fell By Nearly One-Third In First Half Of Year

AP | By ALEX VEIGA | Posted 09.13.2011

Read More: Foreclosure Crisis, Mortgage, New Jersey, Lenders, Home Sales, RealtyTrac Inc., State Courts, Mortgage Crisis, Borrowers, Foreclosure, Repossession, New York, Business News

LOS ANGELES -- The number of homes taken back by lenders in the first half of this year fell 30 percent compared with the same 2010 period, the result...

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With Foreclosures Taking Longer To Process, Backlog Isn't Going Anywhere

The Huffington Post | Alexander Eichler | Posted 08.31.2011

Read More: Foreclosure Crisis, Housing Market, Robo-Signing, Home Sales, Evictions, Mediation, Foreclosure, Repossession, Housing Crisis, Realtytrac, Business News

It takes much longer to process home foreclosures than it used to. In May, according to the real estate data firm RealtyTrac, one in every 605 home...

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Monthly Foreclosure Rate Plummets In Wake Of Paperwork Scandal

AP | ALEX VEIGA | Posted 05.25.2011

Read More: Mortgages, Foreclosure Crisis, Mortgage Crisis, Foreclosure, Homeowners, Foreclosure Rate, October Foreclosure Rate, Repossession, Foreclosure Fraud, Realtytrac, Business News

LOS ANGELES — The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily...

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Repo Rage: Man Rams Tow Truck, Barricades Self In Home

AP | Posted 05.25.2011

Read More: Repo, Repossession, Repo Rage, Repo Man, Los Angeles News

TUSTIN, Calif. — A California man suspected of ramming a tow truck that was repossessing his car has surrendered peacefully after an 11-hour sta...

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Banks Breaking Into Homes To Change Locks

The Huffington Post | William Alden | Posted 05.25.2011

Read More: Mortgages, JPMorgan Chase, Default, Bank of America, Mortgage Crisis, Financial Crisis, Florida, Foreclosure, Repossession, Gmac, Video, Business News

UPDATE: Jacobini and her lawyer, Matthew Weidner, told MSNBC's Dylan Ratigan that Jacobini "is not in foreclosure at all." An earlier report from WFTV...

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Man Shoots At Truck Towing Away His Repossessed Car

Chicago Tribune | Posted 05.25.2011

Read More: Illinois, Man Shoots Tow Truck, Repossessed Car, Repossession, Ike Holmes, Chicago, Chicago News

A 65-year-old store security guard shot at a tow truck as his car was about to be repossessed, officials say. ...

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Avoid Foreclosure With The Kindness Of These Strangers

Huffington Post | Sara Yin | Posted 05.25.2011

Read More: Subprime Mortgages, Housing, Lenders, Third World America, Borrowers, Foreclosure, Homeowners, Real Estate, Repossession, Housing Crisis, Business News

The great American Dream of owning a home has never looked so impossible to achieve: roughly 1.65 million homes are in the foreclosure pipeline, housi...

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Oklahoma Students Shocked When Limousine Repossessed On Prom Night

Posted 05.25.2011

Read More: Limousine Repossessed, Car-Repossession, Repossession, Landon Wiland, Galaxy Limos, US Recession, Recession, Impact News

When a stranger showed up prom night and drove away with the limousine they had rented, a startled group of Oklahoma high school students thought it w...

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Foreclosure Rates Surge: Banks Catch Up To Backlog, US On Pace For 1 Million Repossessions In 2010

AP | ALEX VEIGA | Posted 05.25.2011

Read More: California, US Foreclosures, Nevada, Foreclosure Rate, Obama, Mortgages, Subprime Mortages, Unemployment, White House, Predatory Lending, Banks, Financial Crisis, Florida, Repossession, Wall Street, Real Estate, Realtytrac, Business News

LOS ANGELES — A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade t...

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Mother Allegedly THROWS One-Year-Old Son Into SUV To Block Repo

AP | Posted 05.25.2011

Read More: Repo Baby, Repo, Krystal Gardner, Thrown Baby, Repossession, Baby Thrown, Home News

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Repo Men: All's Bad That Ends Bad

Jackie K. Cooper | Posted 05.25.2011

Read More: Forest Whitaker, Jude Law, Repossession, Blood and Guts, Artificial Parts, Entertainment News
Jackie K. Cooper

Here's my reaction to Repo Men as I was watching it. Don't like it, don't like it, don't like it, kinda like it, kinda like it, liking it, liking it, HATE IT!

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Goldman Sachs Seizing Homes Subprime Mortgages Bought

McClatchy | Greg Gordon | Posted 05.25.2011

Read More: Mtglq, Cases, Hank Paulson, Lawsuits, Middle Class, Suits, Goldman Sachs Subsidiaries, Housing Crisis, Working Class, Goldman Sachs, Judge Roger Efremsky, Lenders, Home Prices, Foreclosure, Subprime, Repossession, Roger Efremsky, Ge, Mortgage Brokers, Mortgage Crisis, Homeowners, Securities Exchange Commission, WMC Mortgage Corp, Judge William Aslup, Wall Street, GE Money, Wiliam Aslup, Henry Paulson, Banks, Sec, Subsidiaries, Business News

Goldman spent years buying hundreds of thousands of subprime mortgages, many of them from some of the more unsavory lenders in the business, and packa...

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Preview! Las Vegas' High-Performance SEMA Show and the Los Angeles Auto Show; How Green Will They Be?

Steve Parker | Posted 05.25.2011

Read More: Audi Q7, Chrysler, Suvs, Hemi Engines, Subprime Car Loans, Los Angeles Convention Center, Cars, Clean Diesel, Nissan GTR, Malibu Hybrid, Los Angeles Auto Show, Audi r10 TDI, BMW M-Series, Senator Obama, Washington, Sema, Specialty Equipment Market Association, Repossession, Aircraft Carrier, Detroit Bailout, Las Vegas Convention Center, V8 Engines, Simon Cowell, Automotive Aftermarket, Corvette ZR1, Bugatti Veyron, Detroit Three, Porsche, Los Angeles, Las Vegas, Ferrari, Ford Expedition, Senator McCain, Automotive Fleet, Chevrolet Corvette, American Idol, SUV Sales, Dohc, Business News
Steve Parker

The LA Auto Show is now officially the first big extravaganza on the national car calendar. It opens Friday, November 21st and runs through Sunday, November 30th at the LA Convention Center.

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Lay-offs at Tesla; Repo's to hit record; GM hawks "finance options" and 25% of new-car market may be lost

Steve Parker | Posted 05.25.2011

Read More: Automotive News, Gmac, Tesla Model S, Tesla Roadster, Tesla Motors, JD Power, Gm, Cars, Repossession, Business News
Steve Parker

Two more pieces of bad news today facing carmakers, dealers and us ... car-buyers and owners: Repossessions are set to break records, while industry a...

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Late Car Payments Now Total $25 Billion; US May Lose 700 Dealerships This Year

Steve Parker | Posted 05.25.2011

Read More: Automotive News, Toyota, Chrysler, Gm, Detroit Three, $25 Billion Bailout, Home Mortgages, Home Mortgage Crisis, Experian, Cars, $700 Billion Bailout, Italy, Santa Monica, National Association of Automobile Dealers, Ford, Car Payments, Santa Monica Daily Press, General Motors, Japanese Cars, South Korea, Germany, Great Britain, Detroit, Vietnam, Foreclosure, Japan, Repossession, China, Nada, Business News
Steve Parker

The number of people late on their monthly car and truck payments is huge, represented by nearly $25 billion worth of consumer auto loans that are delinquent.

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Detroit Three Expect $25 Billion -- So Who Bails Out Americans' Missing Car Payments?

Steve Parker | Posted 05.25.2011

Read More: Automotive News, San Diego, Portland, Detroit Three, Mortgage Crisis, AIG Bailout, Cars, Washington DC, Gas/Electric Hybrid, Los Angeles, Denver, America, Ford Motor Co, Dallas, American Financial Services Association, Chrysler, Chevrolet Volt, Aig, Seattle, Sen. Carl Levin, General Motors, Wall Street, Phoenix, Michigan, Home Foreclosures, San Francisco, Plug-in Hybrids, US, Repossession, Wall Street Bailout, Business News
Steve Parker

It used to be said that a house was the largest expenditure in any person's lifetime; but if someone buys five or more new cars over 40 or 50 years, those purchases could easily cost more, in total, than their home.

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