AP
LOS ANGELES - More U.S. homeowners fell behind on mortgage payments last month, driving the number of homes facing foreclosure up 65 percent versus the same month last year and contributing to a deepening slide ...
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foreclosures May 14th, 2008
Housing crises spur demands for return to greater federal regulation and oversight
WASHINGTON (AP) -- A heavier federal hand is reaching into American life as politicians in both parties demand an overhaul of government financial regulation ...
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By J.W. ELPHINSTONE, Associated Press
Frustrated as her house languished on the market for three straight summers, J.J. Rodgers is trying a new sales tactic: giving the two-story home away in an essay contest.
Already, she's received ...
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The legislation would allow judges to stop the clock on foreclosures for three months.
By Jessica Fender
The Denver Post
An extra 90 days would go a long way toward helping bookkeeper Silvia Miranda keep her Thornton home.
After ...
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By Nick Carey
EASTPOINTE, Michigan (Reuters) - Among the byproducts of the U.S. housing crisis is a surge in scams that cheat people out of their money, their homes, or both, under the guise of offering ...
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By STEPHEN MAJORS Associated Press Writer
Nine mortgage lenders who hold about 55 percent of Ohio's subprime home loans agreed Monday to abide by policies designed to help struggling homeowners avoid foreclosure.
The agreement is a result ...
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A man who evicts people from their repossessed homes feels their pain.
Watch Video
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NOBODY wins when a home enters foreclosure — neither the borrower, who is evicted, nor the lender, who takes a loss when the home is resold. That’s the conventional wisdom, anyway.
The reality is very different. ...
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LOS ANGELES – Darren Hendon worked in the mortgage business for years. He sold many home buyers on adjustable-rate loans with low-interest “teaser” rates that rocket higher, typically after two years.
He was laid off last ...
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WASHINGTON - Congressional leaders are racing to push through an array of election-year housing measures that already have stirred up much political wrangling and the White House is examining its own plan to further help ...
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