Foreclosures

Could Obama Be Overthrown?

Danny Schechter | Posted 09.01.2009 | Politics


Danny Schechter

There may be a garden outside the Oval Office but there is a minefield inside it.

When "Yes We Can!" Meets "No We Won't!"

Mitchell Bard | Posted 08.31.2009 | Politics


Mitchell Bard

If the Democrats in Congress don't find a way to become co-advocates with the president on these important issues, their future political problems will be the least of it.

Arthur Delaney

Foreclosures: The Worst-Hit Cities

HuffingtonPost.com | Arthur Delaney | Posted 08.30.2009 | Business


High unemployment rates are joining other factors, such as bad mortgage lending and the bursting of the housing bubble, in driving up foreclosure rate...

1 In 59 Chicago Area Homes In Foreclosure

AP | Posted 08.30.2009 | Chicago


CHICAGO (AP) -- The Chicago-Naperville-Joliet metropolitan area had the highest home foreclosure rate in Illinois for the first half of the year. A r...

Frank Threatens Banks: We Will Make You Stop Foreclosures

AP | ANNE FLAHERTY | Posted 08.29.2009 | Business


WASHINGTON — A senior House Democrat threatened banks Wednesday that if they don't volunteer to save more homeowners from foreclosure, Congress ...

Why Visiting Pompeii Has Me Thinking About the Smoke Billowing Out of Our Economic Mt. Vesuvius

Arianna Huffington | Posted 08.20.2009 | Business


Arianna Huffington

Before Pompeii was wiped out by a volcanic eruption in 79 A.D., there were warning signs galore. But they were ignored. There is currently plenty of alarming smoke pouring out of our economic Vesuvius. It too is being ignored. READ MORE States Forced to Cut Services to the Bone: The Opportunity Cost of the Bank Bailout Reading about the huge budget cuts almost every state in the country is being forced to make leaves us pondering the opportunity cost of the bank bailout -- what else we could have done with the trillions we spent. The devastation is in the details... READ MORE TiVo Alert: I will be part of Sunday's roundtable panel on This Week with George Stephanopoulos, along with Paul Krugman, George Will, Donna Brazile, and David Brooks. The show airs at different times around the country, so check your local listings.

Foreclosures Rise 15 Percent In First Half Of 2009

AP | Alan Zibel, AP Real Estate Writer | Posted 08.15.2009 | Business


WASHINGTON (AP) -- The number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of the year as more ...

Mortgage Fraud Rampant And Growing: FBI

Reuters | Posted 08.07.2009 | 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 08.07.2009 | 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 07.31.2009 | 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 07.26.2009 | 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 07.20.2009 | 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 07.19.2009 | 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 07.13.2009 | 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 07.12.2009 | 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 07.09.2009 | 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 07.05.2009 | 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 07.04.2009 | 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 07.03.2009 | 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 06.24.2009 | 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 07.02.2009 | 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.

Arthur Delaney and Ryan Grim

Short Sales: Banks Blocking Way Out Of Foreclosure Crisis

HuffingtonPost.com | Arthur Delaney and Ryan Grim | Posted 06.08.2009 | 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...

Senate Aims To Overhaul Troubled Foreclosure Prevention Program

Washington Post | Renae Merle | Posted 06.06.2009 | 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 06.06.2009 | 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 06.06.2009 | 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.