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Foreclosure proceedings involving The Promenade Shops at Centerra in northern Colorado have begun.
Shontaye Edwards spends her day in a gray cubicle at a Bank of America call center in this Dallas suburb. On the other end of the phone line are homeowners — tense, exasperated and looking for help.
The number of homeowners on the brink of losing their homes dipped in October, the third straight monthly decline, as foreclosure prevention programs helped more borrowers.
A federal judge has dismissed a class action lawsuit filed by a group of homeowners who sought to block foreclosures in Minnesota, but their attorney said the case led to significant progress anyway.
The Obama administration's mortgage relief program has reached one in five eligible homeowners, a government report says, but most of those borrowers are on temporary trial plans that have yet to be made final.
A judge will let Tamarack Resort homeowners intervene in a foreclosure lawsuit against the failed Idaho vacation getaway but refused to endorse their plan to use a Mexican real-estate lender's cash to save the ski season.
Mediation would be a good way to expedite a flood of mortgage foreclosures, members of a foreclosure task force said Wednesday, but some disagreed on the details in oral arguments before the state Supreme Court.
The Arizona Supreme Court is being asked to overturn budget legislation that repeals a controversial new state law on legal protections for homeowners after foreclosures.
A beleaguered and debt-ridden hotel in downtown Springfield will be auctioned in December, the state treasurer announced Tuesday.
Tamarack Resort homeowners fear lifts and other equipment will be stripped and sold for pennies on the dollar if they can't convince an Idaho judge to approve their plan to take $7.9 million from a Mexican real-estate investor to save the upcoming ski season.
The number of households caught up in the foreclosure crisis rose more than 5 percent from summer to fall as a federal effort to assist struggling borrowers was overwhelmed by a flood of defaults among people who lost their jobs.
The stalled pace of the government's effort to head off home foreclosures has left families looking for other ways to save their homes. There are people out there who can help. But you have to pick very carefully.
A Florida appeals court has chastised a judge for granting extensions in a foreclosure case for compassionate reasons.
The Obama administration's effort to help homeowners avoid foreclosure may not achieve its goal of helping 3 million to 4 million borrowers and may simply delay mortgage defaults for many, a government watchdog group says.
How do you make the most of a visit to an almost-bankrupt hotel? Here’s how to spot a property and what to do if you find yourself checking into one.
The number of U.S. households threatened with losing their homes held steady last month, a sign that lenders' efforts to help distressed borrowers may be having a gradual impact.
The Obama administration's $50 billion mortgage relief program is finally picking up speed after a sluggish and disappointing start: Nearly early one in five eligible homeowners have been offered help so far.
Nearly two years after the federal government moved to slow home foreclosures, a third major effort is turning into another painful disappointment. By John W Schoen.
The number of U.S. households on the verge of losing their homes rose 7 percent from June to July, as the escalating foreclosure crisis continued to outpace government efforts to limit the damage.
A priest's typical mission is saving souls, but the Rev. John Lasseigne has a more down-to-earth goal — saving homes.
When an Ohio man vacated his foreclosed home near Akron, he left behind nearly 100 cats and a stench. Rescuers have been chasing cats in the Lakemore house for two weeks, and there are still some felines left. Cats were found in the heating ducts, under furniture and mattresses and in dressers, closets and cabinets.
A Southern California resort where American International Group Inc. sponsored a luxury retreat after receiving federal bailout money has been seized by Citigroup.
A New Jersey woman's bake sale has helped her forestall foreclosure.
Lawmakers vented Thursday about the government's inability to solve the nation's housing woes as fresh data showed foreclosure filings continued to rise.
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 people lost their jobs and were unable to pay their monthly mortgage bills.
Mortgage Crisis, Round 2The big picture is this. There is most probably a second wave of mortgage defaults in the immediate future as a result of Alt-A and Option-ARM resets. Yet our capacity to deal with these losses has already been strained by the first round that largely ended in March.
In Philadelphia, a Chance to Stave Off Foreclosure - NYTimes.comPHILADELPHIA — Christopher Hall stepped tentatively through the entranceway of City Hall Courtroom 676 and took his place among dozens of others confronting foreclosure purgatory.
Sunrise to Bank of America: Clean up your actJust ask Mayor Roger Wishner, who helped kill a multimillion-dollar city partnership with Merrill Lynch because parent company Bank of America has been accused of being mean to the little guy.
Insurers dropping Chinese drywall policiesJames and Maria Ivory's dreams of a relaxing retirement on Florida's Gulf Coast were put on hold when they discovered their new home had been built with Chinese drywall that emits sulfuric fumes and corrodes pipes.
As Foreclosure Nightmares Increase, Will More Homeowners Pay Off Their Bankers in Violence?"The economic crisis revealed late-capitalism's central offense: Human beings are being transparently treated if they were mere transactions. And they're going postal over it."
Fannie Mae rental programGovernment controlled U.S. mortgage finance company Fannie Mae announced on Thursday about their unique rental program which is aimed at helping homeowners who can't pay back their loans. The program aims at turning struggling homeowners into renters in their own homes.
Fannie Mae Rental Program: Rent Your Own Foreclosed Home?A Fannie Mae rental program will allow one-time homeowners that have allowed their house to go into foreclosure to actually rent the very same house back at "market value" in something called a "Deed for Lease" program. Taxpayer cost is not yet clear.
A Bad Way to Spend MoneyCongress threw good money after bad this week when it voted to extend and expand a wasteful home buyer's tax credit set to expire at the end of the month.
Fannie Mae to rent homes to foreclosed borrowersThousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie Mae, under a policy announced Thursday.
One of the silent killers of the economic recovery may be a program the President first introduced in Phoenix back in February.
Couple Hit by Foreclosure Torture Two Loan-modification AgentsAs Los Angeles housing advocates launched a campaign warning of mortgage rescue scams, a couple hit by foreclosure are charged with torturing two loan-modification agents they suspected of fraud, authorities said on Monday.
Detroit house auction flops for urban wastelandDETROIT (Reuters) - In a crowded ballroom next to a bankrupt casino, what remains of the Detroit property market was being picked over by speculators and mostly discarded.
MERS Losing! Stop Your Foreclosure, Share with OthersIn court cases in KS, OH, NY, NV and MA human beings are saving their homes from foreclosure by demanding that banks produce the Note.
Briarmoon ticketed at foreclosure sale JANESVILLE — A regular Janesville City Council candidate who has a history of fighting the city over code violations is accused of disrupting the foreclosure sale of her property.
Michael Moore's Action Plan: 15 Things Every American Can Do Right Now1. Declare a moratorium on all home evictions. Not one more family should be thrown out of their home. The banks must adjust their monthly mortgage payments to be in line with what people's homes are now truly worth -- and what they can afford.
NYT: Ex-homeowners forced into shelters - The New York Times- msnbc.comGrowing numbers of Americans who have lost houses to foreclosure are landing in homeless shelters, according to social service groups and a recent report by a coalition of housing advocates. Only three years ago, foreclosure was rarely a factor in how people became homeless.
Our esteemed elected officials in Washington are beginning to talk about a second stimulus package, It seems the tax breaks from the last one haven't created all those jobs we were looking for.
ACORN Starts To Feel Funding FreezeFederal funding has been temporarily stopped for the community group ACORN and its affiliates, and some people worry that worthwhile programs could be affected if the cuts become permanent. Perhaps this was the real goal of Beck, etc.
Insurers dropping Chinese drywall policies leaving Home Owners at risk of foreclosureWEST PALM BEACH, Fla. – James and Maria Ivory's dreams of a relaxing retirement on Florida's Gulf Coast were put on hold when they discovered their new home had been built with Chinese drywall that emits sulfuric fumes and corrodes pipes.
HUD Helping Florida Home Agencies with GrantsThis month, it was announced that the U.S. Department of Housing and Urban Development, better known as HUD, doled out $1.2 million in grants to various housing agencies in Florida.
Home-Foreclosure Rescue Is Falling Short, Critics Say - Yahoo! NewsThe Treasury Dept. is basking in the latest tally of homeowners getting a break through its core foreclosure-prevention program.
TARF - It's here, it's expensive - IT'S FINANCIAL SUICIDE!!! In a newspaper that I will not name because they refuse to allow posting of complete articles without a subscription, there was an article about TARF - the government's Toxic Asset Rescue Fund.
Take America Back From the BanksThe US unemployment rate is about to cross 10%, with an additional 9 million workers only able to find part-time work. CBO projects that unemployment will not return to normal levels until 2014. Almost 200,000 people are losing their homes every month through foreclosure.
Estimating Repairs on Foreclosure PropertiesGood article on protecting yourself when buying a foreclosure home.
Why Authorities Haven't Stopped the Foreclosure 'Rescue' BoomDuring the go-go years of the real estate bubble, shady mortgage brokers [3] thrived, thanks to the sluggish response of regulators and law enforcement agencies.
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