Foreclosures

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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.

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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...

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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...

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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...

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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...

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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...

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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.

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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.

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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.

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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?

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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.

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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...

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Foreclosures Rise 5 Percent From Summer To Fall

AP | ALAN ZIBEL | Posted 10.15.2009 | Business

Read More: Foreclosures, Jobless, Jobs, Mortgages, Foreclosure Rate, Unemployment, Business News

WASHINGTON — The number of households caught up in the foreclosure crisis rose more than 5 percent from summer to fall as a federal effort to as...

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What's Wrong With This Picture?

Loral Langemeier | Posted 10.12.2009 | Living

Read More: Bad Credit, Foreclosures, Small Business, Entrepreneurial-Spirit, Unemployment, Business Ownership, Federal Reserve, Personal Debt, Recession, Living News

While many are determined to cut expenses and save as much money as they can, they're still missing one gigantic point. Things will never be the way they were.

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Bombing Capitalism

Esther Iverem | Posted 10.12.2009 | Entertainment

Read More: Foreclosures, Capitalism Movie, Michael Moore, People of Color, Citigroup, Roger and Me, Countrywide, General Motors, Citigroup Memo, Marcy Kaptur, Plutocracy, Capitalism: A Love Story, Hurricane Katrina, Republic Windows and Doors, Entertainment News

On a throwback vibe, you could say that Capitalism: A Love Story is the bomb. By exploring the economic system of capitalism as an evil, Moore fires a salvo into the heart of America's social machine.

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Limbaugh Calls Detroit's Poor "Obama's America"

Chris Savage | Posted 10.12.2009 | Politics

Read More: Foreclosures, Poverty, Economic Stimulus Package, Michigan, Detroit, Rush, Recession Fears, Far Right, Rush Limbaugh, Recession, Politics News

Detroiters converged on Cobo Hall last Wednesday to claim federal aid, giving Rush Limbaugh a chance to mock "Obama's America."

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Middle-Class Family Forced Into Homeless Shelter

The Huffington Post | Tam Vo | Posted 10.13.2009 | Impact

Read More: Foreclosures, Virginia, Job Loss, Middle Class Family, Middle Class, Homeless Shelters, Homeless, American Homelessness, Joblessness, Viriginia Homeless, Impact News

It's estimated that 7 million more homes are going into foreclosure, which is dramatically changing the the face of those who are without a place to l...

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For Today's Media the Economic Crisis Is Yesterday's Story

Ann Pettifor | Posted 10.07.2009 | Business

Read More: Foreclosures, Media Coverage, Unemployment, Recession, Pew Research Center, Economic Crisis, Business News

Despite the fact that a quarter of a million Americans lost their jobs last month, many have been persuaded by the media that the recession is yesterday's story.

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Lack of Legal Help: One More Way the Deck Is Stacked Against Homeowners

Arianna Huffington | Posted 10.10.2009 | Business

Read More: Foreclosures, Brennan Center, Foreclosure Crisis, Crime, Brennan Center Foreclosure Study, Financial Crisis, Housing Crisis, Brennan Center Foreclosures, Business News

As bad as America's foreclosure crisis is -- and it's very bad, with over 300,000 homes receiving a foreclosure filing every month -- it's being made even more devastating by the lack of legal assistance available to beleaguered homeowners. READ MORE More HuffPost Game Changers: Politics and Style Announcing My First Pick for the HuffPost Book Club: In Praise of Slowness Attention Fellow Book Lovers: HuffPost's New Books Section Is Here WATCH: Arianna Discusses Race Relations, Letterman Scandal On Joy Behar Show

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Is the Opposite of Capitalism Democracy? A Review of Michael Moore's Capitalism: A Love Story

Anis Shivani | Posted 10.05.2009 | Business

Read More: Auto Industry, Foreclosures, Populism, Ronald Reagan, Larry Summers, Globalization, Economic Bill of Rights, Republic Windows and Doors, Goldman Sachs, Capitalism: A Love Story, General Motors, Dennis Kucinich, General Motors Bankruptcy, Roger & Me, Plutonomy, Financial Deregulation, Deindustrialization, Bill Clinton, Economic Crisis, Flint, Democracy, Franklin Roosevelt, Capitalism, Oligarchy, Nafta, Barack Obama, Sicko, Robert Rubin, Glass-Steagall Act, Jimmy Carter, Michael Moore, Alan Greenspan, Business News

Moore explicitly states that we ought to turn to democracy as the alternative to capitalism. But the opposite of capitalism is not democracy, it is socialism.

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Rubble, Rubble

Lita Smith-Mines | Posted 10.01.2009 | Living

Read More: Homeless, Foreclosures, Homeowners, Business, Housing, Housing Crisis, Home Foreclosures, Living News

My trash themed take-away at the end of my car trip? Not all that litters is old, nor is all garbage created equal.

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Immigrant Family Fears Foreclosure Of American Dream

The Huffington Post | Julian Hattem | Posted 09.30.2009 | Business

Read More: Foreclosures, Foreclosure Crisis, Mental Health, Psychological Health, Medical Debt, Harvest America, Bearing Witness 2.0, Immigration, Foreclosure, Immigrant, Bearing Witness, Home Foreclosures, Business News

As part of the Huffington Post's effort to bear witness to the effects of the current economic environment on ordinary Americans, we're rounding up so...

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Still Not Stimulated -- If You're Not First You're Last!

Gihan Perera | Posted 09.25.2009 | Politics

Read More: ARRA 2009, Florida, Stimulus, Foreclosures, Miami, Politics News

It's always great to be the best at something, isn't it? Florida recently got spanked for coming last in spending federal stimulus dollars on transportation and infrastructure.

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Why Authorities Haven't Been Able To Stop The Growth Of "Foreclosure Rescue" Scams

Posted 09.24.2009 | Business

Read More: Foreclosures, Foreclosure Rescues, Real Estate, Homes, Houses, Foreclosure, Business News

By Paul Kiel, ProPublica This story was produced by ProPublica under a Creative Commons license. During the go-go years of the real estate bubble, ...

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Will Michael Moore's Capitalism Be A Game Changer?

Beau Friedlander | Posted 10.03.2009 | Entertainment

Read More: Foreclosures, Mortgages, Countrywide, Michael Moore, Christopher Dodd, Documentary, PA Child Care, Capitalism: A Love Story, Fdr, Republic Windows and Doors, Capitalism Movie, Michael Moore Movie, Michael Moore Capitalism: A Love Story, Entertainment News

Every time I see a new Michael Moore movie, America looks a little different to me. I feel an odd mixture of hopefulness, anger, and spiritual fatigue.

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