Foreclosures

Page: 1 2 3 4 5 6 7 8 >>

Obama Was Nice To Bankers Despite 'Fat Cat' Remark, Says NY Post

New York Post | Charles Gasparino | Posted 12.15.2009 | Business

Read More: Foreclosures, Tarp, SBA Loans, Goldman Sachs, Making Home Affordable, Chase, Financial Reform, Jamie Dimon, Credit Crisis, Loan Modifications, Bailout, TARP Repayment, Blankfein, Financial Crisis, JP Morgan Chase, Citigroup, Business News

In public, President Obama is on a tear against Wall Street. In private, not so much Over the weekend, Obama attacked fat-cat investment bankers, te...

Read Whole Story

Red Light Swaps

Cate Long | Posted 12.14.2009 | Politics

Read More: Derivatives Regulation, Derivatives Bill, Congress, Wall Street Crisis, Derivatives, Congressional Bailout, Derivatives Reform, Foreclosures, Lehman Brothers, Aig, Mortgage Delinquency, Politics News

Recently several Republican representatives, including Scott Garrett, have questioned whether derivatives helped create the financial crisis. Did derivatives cause the financial crisis? You bet.

Read Post

Treasury: Foreclosure Program Has Only Helped 31,000 Borrowers

AP | ALAN ZIBEL | Posted 12.10.2009 | Business

Read More: Foreclosures, Foreclosure Crisis, Treasury, Business News

WASHINGTON — The Obama administration's embattled mortgage relief plan has provided permanent help to only 4 percent of borrowers who have signe...

Read Whole Story

Turning Down $250 Million Is Not a Smart Move for ION or Minority TV Audiences

Deborah Douglas | Posted 12.10.2009 | Chicago

Read More: Foreclosures, Ion Media Networks, Michael Copps, Fcc, Bankruptcy, Cyrus Capital Partners, Jobs, Jonathan Jackson, Minority, Depression, Ownership, Chicago News

Can you image what TV might look like if it looked like the people who watch it, often in higher proportions than the people being targeted by an overwhelming white, male corps of writers?

Read Post

Barney Frank Calls For $4 Billion In TARP Funds To Help Unemployed Homeowners, Fight Urban Blight

HuffingtonPost.com | Shahien Nasiripour | Posted 12.08.2009 | Business

Read More: Foreclosures, Foreclosure Crisis, Unemployment, Making Home Affordable, Congressional Black Caucus, Financial Reform, Homeownership, Financial Crisis, Homeowners, Financial Regulation, Barney Frank, Business News

A revision to the House financial reform bill adds $3 billion in federal aid to help unemployed people facing foreclosure and $1 billion to fight urba...

Read Whole Story

Anatomy Of A Failed Foreclosure Program

HuffingtonPost.com | Shahien Nasiripour | Posted 12.07.2009 | Business

Read More: Foreclosures, Foreclosure Crisis, Loan Modification, Making Home Affordable, Mortgage Modification, Mha, Homeowners, Barack Obama, JPMorgan Chase, Hamp, Home Affordable Modification Program, Homeownership, Financial Crisis, Business News

Just how badly is President Obama's $75 billion foreclosure program working out? Consider these newly-released numbers: Out of every 100 homeowners wh...

Read Whole Story

Professor Advises Underwater Homeowners To Walk Away From Mortgages

LA Times | Kenneth R. Harney | Posted 11.29.2009 | Business

Read More: Foreclosures, Personal Finance, Housing Crisis, Mortage Crisis, Bad Mortgages, Business News

Go ahead. Break the chains. Stop paying on your mortgage if you owe more than the house is worth. And most important: Don't feel guilty about it. Don'...

Read Whole Story

Case-Shiller September: Home Prices Rise For 4th Month In A Row

AP | ALAN ZIBEL | Posted 11.24.2009 | Business

Read More: Foreclosures, Home Prices September, Case-Shiller Index, Home Values, Case-Shiller September, Real Estate, Home Prices, Mortgage Crisis, Business News

WASHINGTON — The summer's trend of rising home prices faded at the end of the traditional home shopping season, two reports Tuesday showed. The...

Read Whole Story

Overdue Mortgages And Foreclosures Reach Record Highs

CNBC | Posted 11.19.2009 | Business

Read More: Foreclosures, Mortgages, Housing Market, Unemployment, Housing, Financial Crisis, Unemployment Rate, Housing Crisis, Business News

US mortgage delinquency rates and the percentage of loans that entered the foreclosure process jumped in the third quarter, with both reaching record ...

Read Whole Story

Foreclosures: Prime Borrowers Are The Latest Victims

AP | ALAN ZIBEL | Posted 11.19.2009 | Business

Read More: Mortgage Crisis, Foreclosures, Financial Crisis, Foreclosure Crisis, Prime Borrowers, Home Loans, Business News

WASHINGTON — The foreclosure crisis likely will persist well into next year as high unemployment pushes more people out of homes, pulls down hou...

Read Whole Story

FHA Bailout: Federal Housing Agency Has Lowest Amount Of Cash On Record

bloomberg.com | Dawn Kopecki | Posted 11.13.2009 | Business

Read More: Federal Housing Administration, Foreclosures, Bailout, Fha, Mortgage Crisis, Mortgage Defaults, David H. Stevens, FHA Baulout, Housing and Urban Development, Shaun Donovan, Business News

Nov. 12 (Bloomberg) -- The Federal Housing Administration's mortgage insurance reserves fell to the lowest level in history and the government said mo...

Read Whole Story

Illinois Foreclosures Rank Third Nationally

Huffington Post | Posted 11.12.2009 | Chicago

Read More: Foreclosures, Foreclosure, Home Foreclosures, Illinois Foreclosures, Economy, Housing Crisis, Chicago News

Not only is the housing crisis far from over, in Illinois it may be getting worse. Foreclosure filings jumped 56 percent in October, resulting in the...

Read Whole Story

Foreclosures Down 3% In October From September

AP | J.W. ELPHINSTONE | Posted 11.12.2009 | Business

Read More: Mortgages, Foreclosures, Treasury Department, Home Prices, Real Estate, Home Sales, Realtytrac, Mortgage Crisis, Business News

NEW YORK — The number of homeowners on the brink of losing their homes dipped in October, the third straight monthly decline, as foreclosure pre...

Read Whole Story

Wall Street: the Real Roadblock to Economic Recovery

Anna Burger | Posted 11.02.2009 | Business

Read More: Foreclosures, Anna Burger, Wall Street, Consumer Financial Protection Agency, Cfpa, Financial Reform, Banks, Executive Compensation, Seiu, Business News

When I think about what still needs to be done to build a true economic recovery, I think about workers such as Maria Guerra.

Read Post

The Secrets To Goldman Sachs' Success: Contrary Bets, Predatory Lending, Government Connections, Offshore Tax Havens

McClatchy | Greg Gordon | Posted 11.01.2009 | Business

Read More: Foreclosures, Paulson, Regulation, Recession, Obama, Reform, Lloyd Blankfein, Mortgage Related Swaps, Mortgages, Goldman Sachs, Aig, Mississippi, Bailout, Predatory Lending, Securities Act of 1933, Blankfein, Hank Paulson, Foreclosure, Housing Crisis, Goldman Sachs Mortgage, Real Estate, Wall Street, Tax Havens, Housing Market, Blue Chips, Calpers, Derivatives, Moody's, Offshore, Tim Geithner, High Yield Bonds, Hedges, Barack Obama, Nyse, Cayman Islands, Banks, Sec, Subprime Mortgage, Economy, Business News

WASHINGTON -- In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but n...

Read Whole Story

New Home Sales Fall 3.6 Percent

Posted 10.28.2009 | Business

Read More: Foreclosures, New Home Sales, Housing Crisis, New Homes, Home Sales, Business News

WASHINGTON (AP) -- Sales of new U.S. homes dropped unexpectedly last month as the effects of a soon-to-expire tax credit for first-time owners started...

Read Whole Story

Recession Spurs Rise In Teen Runaways

nytimes.com | IAN URBINA | Posted 10.26.2009 | Business

Read More: Teen Runaways, Foreclosures, Unemployment, Homelessness, Mortgage Crisis, Financial Crisis, Consumer Price Index, Business News

Over the past two years, government officials and experts have seen an increasing number of children leave home for life on the streets, including man...

Read Whole Story

WSJ: Is The Housing Market About To Get Even Uglier?

Wall Street Journal | James Hagerty | Posted 10.21.2009 | Business

Read More: Foreclosures, Mortgages, Housing Market, Housing, Real Estate, U.S. Housing Market, Business News

Despite some tentative signs of recovery, the U.S. housing market remains vulnerable to further price drops--especially in areas where large numbers o...

Read Whole Story

Foreclosures Are More Profitable Than Loan Modifications, According To New Report

HuffingtonPost.com | Shahien Nasiripour | Posted 10.21.2009 | Business

Read More: Foreclosures, National Consumer Law Center, Foreclosures Over Loan Modifications, Foreclosures Favored, Housing Crisis, Business News

Mortgage companies are more likely to foreclose on homeowners than modify their loans because they make more money off foreclosures, argues a new repo...

Read Whole Story

Just Say "No" to Adult Children Wanting Money

Don McNay | Posted 10.20.2009 | Business

Read More: Iphone, Kentucky Guardianship Administrators, Children, Cspan, Addictions, Big Money, Roger Ailes, Bad Luck, Parenthood, Reagan, Cnbc, Injury Settlements, Lexington KY, 401k, Richmond Ky, Morning in America, Ncaa Basketball, Strippers, McNay Settlement Group, Inheritances, Rumeal Robinson, Tough Love, Bankruptcy, Retirement, Retired and Broke, Medical Expenses, Fox Business News, Clu, Just Say No, Soldiers, Enabling, The American College, Million Dollar Round Table, College Tuition, Foreclosures, Ambition, Helen Ford, Frontline, Special Needs Children, John Prine, Miami News Times, Ohio University, Budgeting, Msnbc, Failure to Launch, Financial Crisis, Aarp, Senior Citizen Bankruptcy, Personal Finance, Newsweek, Balanced Life, Msfs, Borrowing Money, Lotteries, Chfc, Foster Children, Kentucky, Don McNay, NBA Basketball, www.mcnay.com, Structured Settlements, www.donmcnay.com, Mortgage, Vanderbilt University, Eastern Kentucky University, Fox News, University of Michigan, Afghanistan, Mooching, Cssc, Caddilac, Business News

You are not doing your children any favors by not allowing them to grow up. I'm OK with parents helping children through college (in four years, not forty), but after that they are on their own.

Read Post

Imagine No Foreclosures... (It's Easy If You Try)

Fortune's Stanley Bing | Posted 10.20.2009 | Business

Read More: Foreclosures, Banks, Federal Legislation, Bonuses, Bailouts, Business News

A spirit of enlightened responsibility and mutually assured destruction must be re-established on both sides of the equation -- lender and borrower alike.

Read Post

The Big Dollar Bustout ... Is Too Big To Fail Still an Option?

Eric Ehrmann | Posted 10.19.2009 | Business

Read More: Subprime Crisis, Pentagon, Henry Kissinger, Somerset Maugham, Ronald Reagan, Bric, The Lost Generation, Federal Reserve, Twitter, Hitler, China, Reserve Currency, Woodrow Wilson, Slow Movement, Barack Obama, Thomas Mann, Gabriel Garcia Marquez, Nobel Prize, Sidwell Friends, Austrian Economics, Foreclosures, Russia, Rupert Murdoch, League of Nations, Timothy Geithner, Paul Krugman, Death in Venice, Jfk, Great Depression, F. Scott Fitzgerald, Stalin, Business News

With efforts to rebrand America's national identity in the electronic media falling flat like a bad online date, taking away the dollar's too big to fail status might be the better wake up call.

Read Post

Making Mediation Mandatory Before Families Lose Their Homes

Pedro Nava | Posted 10.22.2009 | Politics

Read More: Foreclosures, Mortgage Lenders, AB 1588, Home-Ownership, Loan Modification, Loan Mediation, Subprime Lenders, Loan Servicers, Banks, Assemblymember Pedro Nava, California, Pedro Nava, Financial Institutions, Nava, Politics News

Mediation is not a one-side concept -- lenders and servicers have every incentive to participate. So what is the better outcome? Foreclosure or a modification that encourage stability?

Read Post

JPMorgan Chase: Tales of Foreclosures, Trusts And Incompetence

Christopher Brauchli | Posted 10.15.2009 | Business

Read More: Foreclosures, Banks, JPMorgan Chase, Workout, Bank Bailout, Home Foreclosures, Business News

JPMorgan Chase is a Big Bank. Us common people just don't understand the challenges that Big Banks face. If we did, we wouldn't expect them to care about us or our financial problems.

Read Post

Foreclosures: 'Worst Three Months Of All Time'

CNNMoney.Com | Les Christie | Posted 10.15.2009 | Business

Read More: Foreclosures, "Worst Three Months of All Time", Foreclosures 3rd Quarter 2009, U.S. Government, Third Quarter 2009, Economic Crisis, Financial Crisis, Economic Recovery, Foreclosures Economic Crisis, Foreclosed Homes, Business News

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

Read Whole Story