Foreclosures

Mortgage Fraud Rampant And Growing: FBI

Reuters | Posted 07.07.2009 | Business


WASHINGTON (AP) -- Falling housing prices are driving up reports of mortgage fraud, with the FBI saying Tuesday that reported losses are up 83 percent...

Home Is Where The Heartache Is

Lita Smith-Mines | Posted 07.07.2009 | Living


Lita Smith-Mines

But when your mortgage is past due, home is no safe haven; if real estate taxes are in arrears, your abode provides no asylum.

NBA Player Eddy Curry's Suburban Chicago Mansion In Foreclosure

AP | Posted 06.30.2009 | Chicago


BURR RIDGE, Ill. — Court records show that former Chicago Bulls player Eddy Curry's suburban Chicago mansion is in foreclosure. It's the same h...

Growing Factory Occupations Threaten to Break the Banks

Mike Elk | Posted 06.25.2009 | Business


Mike Elk

The successful struggle at Republic Windows has provided a model under which workers can successfully fight the banks by occupying their plants.

$19.3 Million Barrington Hills Horse Farm Faces Foreclosure

Daily Herald | Eric Peterson | Posted 06.19.2009 | Chicago


One of the largest and most expensive pieces of property among the sprawling residences of Barrington Hills - the 400-acre Horizon Farms estate - has ...

Mission Shrink: We've Gone From Saving Wall Street in Order to Save Main Street to Just Saving Wall Street

Arianna Huffington | Posted 06.18.2009 | Business


Arianna Huffington

The problem continues to be the administration's habit of conflating the health of the Wall Street economy with the health of the real economy -- when, in fact, the two economies have become decoupled.

Stopping the 13 Second Clock: ACORN and Leading Mayors Join Together in Fighting Foreclosures

Bertha Lewis | Posted 06.12.2009 | Politics


Bertha Lewis

With millions more foreclosures staring us in the face, we have to act now to create sensible local solutions that will improve our communities, safeguard families, stabilize tax bases, and revive the economy.

Home Foreclosures Down In May

AP | Posted 06.11.2009 | Chicago


CHICAGO (AP) -- The number of home foreclosure filings in Illinois fell in May, though they still were higher than a year ago. A report released Thur...

Top 14 Celebrity Foreclosures: Forbes

ABC News | MAURNA DESMOND | Posted 06.08.2009 | Business


It seems like just yesterday--excess was in and celebrities lived it up, buying lavish cars, expensive toys and over-the-top homes. Now, they're losin...

Econocide

Nick Turse | Posted 06.04.2009 | Business


Nick Turse

While it's impossible to know all the factors that contribute to people resorting to violent measures, press reports suggest that the economic crisis has played no small part in a range of extreme acts.

Have the Last Laugh as You're Kicked to the Curb, America

Mike Sheehan | Posted 06.03.2009 | Comedy


Mike Sheehan

7. "In the spirit of Huffington Post's trendsetting something-for-nothing business plan, I'm willing to live in the house... for free!"

NYT: Obama's Anti-Foreclosure Plan Not Working

New York Times | Posted 06.02.2009 | Politics


A continuing steep drop in home prices combined with rising unemployment is powering a new wave of foreclosures. Unfortunately, there's little evidenc...

Job Losses Push Safer Mortgages To Foreclosure

New York Times | PETER S. GOODMAN and JACK HEALY | Posted 05.24.2009 | Business


As job losses rise, growing numbers of American homeowners with once solid credit are falling behind on their mortgages, amplifying a wave of foreclos...

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

Esther J. Cepeda | Posted 05.22.2009 | Chicago


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.

Short Sales: Banks Blocking Way Out Of Foreclosure Crisis

HuffingtonPost.com | Arthur Delaney and Ryan Grim | Posted 05.08.2009 | Business


Brett Ellis, a real estate agent in Fort Myers, Fla., was thrilled when he got an offer for a property in Bell Tower Park in May 2008. "It was a gorg...

Let's steal sunbelt properties

Diane Francis | Posted 05.08.2009 | Business


Diane Francis

Northerners and seniors from Canada and the U.S. have always been eager buyers of real estate in Florida, Arizona, Nevada and other points southern be...

Senate Aims To Overhaul Troubled Foreclosure Prevention Program

Washington Post | Renae Merle | Posted 05.07.2009 | Business


The Senate today approved a housing bill aimed at addressing the country's growing foreclosure problem, including revamping a troubled government fore...

Ryan Grim

Foreclosure: In The Midst Of Crisis, No Reliable Data

HuffingtonPost.com | Ryan Grim | Posted 05.06.2009 | Politics


On Wednesday, both the House and Senate took up bills aimed holding back the wave of foreclosures drowning homeowners. Just how bad is the crisis? No...

We Need a Green New Deal

Norman Solomon | Posted 05.06.2009 | Green


Norman Solomon

Seventy-five years after the start of the New Deal, and nearly 40 years after the first Earth Day, the need for basic change on behalf of social justice and ecology is clear.

Weekly Audit: Congress Caves to Bank Lobby on Foreclosures Economy NewsLadder

The Media Consortium | Posted 05.05.2009 | Politics


The Media Consortium

by Zach Carter, TMC MediaWire Blogger On Thursday, lawmakers bowed to pressure from the bank lobby and killed a crucial piece of anti-foreclosure le...

The Return of The Real American Dream

Manisha Thakor and Sharon Kedar | Posted 04.30.2009 | Business


Manisha Thakor and Sharon Kedar

In a recent New York Times Op-Ed piece, Paul Krugman, the noted Economist, Nobel Prize Winner & Princeton Professor said, "...these days America is lo...

Stopping the Every-13-Second Foreclosure Clock

Bertha Lewis | Posted 04.29.2009 | Politics


Bertha Lewis

In America, a family is losing its home every 13 seconds.

Obama's First 100 Days: Restoring the Good Name of the U.S.

Mitchell Bard | Posted 04.28.2009 | Politics


Mitchell Bard

The task awaiting Obama was massive. And yet, there is a rush to decide how he's doing after 100 days. Donnie Walsh gets two years to revive the Knicks, but the president only gets 100 days to fix the country?

US Foreclosures Up 24 Percent In 1st Quarter

AP | ALAN ZIBEL | Posted 04.16.2009 | Business


WASHINGTON — The number of American households threatened with losing their homes grew 24 percent in the first three months of this year and is ...

Good Grief! Comic Characters Leave Newspapers for a Day

Dave Astor | Posted 04.12.2009 | Comedy


Dave Astor

Given that most newspapers still don't publish weekday comics in color, my mistake was putting today's cartoon guests in the green room rather than the black-and-white room.