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Foreclosure News

Foreclosures news continually updated from thousands of sources around the net.

3 hrs ago | Montana Standard

Democrats: Obama needs hands-on economic approach

Democrats are growing impatient with President-elect Barack Obama's refusal to inject himself in the major economic crises confronting the country.

Comment?

Related Topix: US News, US Politics, 2008 Presidential Election, Barack Obama, US House of Representatives, Barney Frank, Democrat, Home, Mortgage

7 hrs ago | WQXI-AM Atlanta

Feds nix plan to sell Detroit houses tied to drugs

Federal prosecutors twice pursued a former autoworker suspected of running a multimillion-dollar drug operation.

Comment?

Related Topix: Drugs, Detroit Metro, Real Estate

11 hrs ago | KSDK NewsChannel 5

Bernanke: more action needed to cut foreclosures

Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles.

Comment?

Related Topix: Home, Mortgage, Personal Finance

15 hrs ago | ClipSyndicate

VIDEO: Foreclosure forecast

With the number of foreclosures in Jacksonville on the rise, some people look to auctions to buy foreclosed properties at a discount

Comment?

Related Topix: Video, Real Estate

19 hrs ago | North County Times

Couples staying together because of poor economy

Running into your ex is almost always awkward and stressful. David Snyder and Nancy Partridge deal with it nearly every day.

Comment?

Related Topix: Home Listing, Home, Housing, Real Estate, St. Petersburg, FL, Tampa Metro

Tue Dec 02, 2008

Housing Wire

Paulson Softening Stance on Foreclosure Relief

If the rumors are true, it looks as if alleged back-room battles with Federal Desposit Insurance Corp.

1 comment

Related Topix: Home, Mortgage, Personal Finance

WBT-AM Charlotte

Miami activist moves people into foreclosed houses

Max Rameau delivers his sales pitch like a pro. "All tile floor!" he says during a recent showing.

Comment?

Related Topix: Real Estate, Home Listing, Home, Florida, Mortgage, Personal Finance

Mon Dec 01, 2008

Tampabays10.com

Fla. lenders halt new foreclosures for 45 days

Two groups of Florida lenders will voluntarily agree not to file new foreclosure petitions on primary homes for the next 45 days.

1 comment

Related Topix: Florida, Florida Government

WCCO-TV

Construction Spending Drops By More Than Expected

Construction spending fell by a larger-than-expected amount in October, another indication that problems facing the builders of homes, hotels and other projects are deepening and likely to persist.

Comment?

Related Topix: Home Building, Home, Mortgage, Dallas Metro, Housing

WGAL

Bank Lobbyists Had Big Role In Fallout

An Associated Press review of regulatory documents finds that the George W. Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed.

Comment?

Related Topix: Home, Mortgage, Personal Finance

hosted The Associated Press | The Associated Press

Ap Impact: Us diluted loan rules before crash

The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.

'Expect fallout, expect foreclosures, expect horror stories,' California mortgage lender Paris Welch wrote to U.S. regulators in January 2006, about one year before the housing implosion cost her a job.

Comment?

Related Topix: Home, Mortgage, Personal Finance, David Schneider, Banking, Financial Services, Washington Mutual

Sun Nov 30, 2008

Salt Lake Tribune

Give Bankruptcy Judges the Power to Alter Mortgages

I watched a middle-aged widow lose her home recently. Her story was familiar. She owned her simple brick residence outright until four years ago, when a mortgage broker stopped by and offered her a loan too ...

1 comment

Related Topix: Mortgage, Personal Finance, Home, Opinion

Palm Beach Post

Palm Beach owed nearly $2 million in charges

The town is owed nearly $2 million in delinquent charges for code enforcement penalties, parking violations and emergency medical response.

Comment?

Related Topix: Healthcare Law, Law

Wcco.com

Foreclosure Could Leave Duluth With $500K Debt

Required fields are marked with an asterisk The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications.

Comment?

Related Topix: Duluth, MN

WTVJ Miami Channel 6

$1 Dollar Donations Save Home From Foreclosure

An Aberdeen family said on Sunday that they received enough donations to forestall foreclosure proceedings on their home.

1 comment

Related Topix: Aberdeen, MD, Mortgage, Personal Finance

FloridaToday.com

States look to Fed for budget help

With Florida foreclosures skyrocketing and unemployment rising above the national average, lawmakers are scrambling to plug a $2 billion budget hole as the economy continues to spiral.

Comment?

Related Topix: US News, US Politics, Barack Obama

Press-Telegram

Thomas Elias: California's bond mania continues

If you think this year's state budget struggles have been long-running and difficult, with plenty of sacrifices in store for almost all Californians, just wait 'til next year, which begins in about a month.

Comment?

Related Topix: California, California Government, US Governors, Arnold Schwarzenegger, Opinion

Sat Nov 29, 2008

KNBC-TV

Taking Another Stab at Foreclosure Moratorium

An assemblyman from the South Bay says he will try again to get the California Legislature to approve a moratorium on mortgage foreclosures, a plan backed by the governor but strongly opposed by the state's ...

Comment?

Related Topix: Home, Mortgage, Personal Finance, El Segundo, CA, US Governors, Arnold Schwarzenegger

Daily Herald

Civil rights suit filed in subprime meltdown

In what is apparently the first legal action of its kind, an association of community-based organizations has filed a federal civil rights complaint against two of the three largest Wall Street ratings ...

Comment?

Related Topix: Home, Mortgage, Personal Finance, African-American, Financial Markets

The Reporter

Solano County foreclosure rate slowing

Solano County's per-household foreclosure rate may be slowing but it remains worse than nearly anywhere else in the nation, according to a newly released survey.

6 comments

Related Topix: Solano County, CA, Los Angeles Metro, Riverside Metro, August, CA, Housing

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