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HOMEOWNER

The Wire

Cash in: Tricks for buying a home at the bottom

While others argue over whether this really is the bottom, savvy buyers are taking advantage of the best market in years to purchase a home. If you’re an aspiring homeowner, here’s the know-how you need to snatch up a bargain — where to look, what to watch out for, and how to get financing that will make your home-ownership dreams come true. 

Citigroup to help at-risk borrowers stay in homes

Citigroup says it is imposing a moratorium on most foreclosures as part of a series of initiatives aimed at helping at-risk borrowers remain in their homes — making Citi the latest big bank to announce sweeping efforts to try to curtail losses from souring mortgages.

Big banks step up efforts to modify mortgages

Major banks are stepping up their efforts to curtail losses from souring mortgages, with Citigroup Inc. becoming the latest institution to adopt initiatives aimed at helping at-risk borrowers remain in their homes.

The Vine
Man Comes Home To Find Intruder Wearing His Boxers
Source: wcco.com

A Colorado resident came home to find an intruder had made himself at home in his house, CBS station KCNC-TV reported.

Homeowner attacks burglar who had been sleeping in his house
Source: www1.whdh.com

A local homeowner left a burglar battered and bruised after finding him in his home. Rafael Haro came home to find the suspect, Jonathan Bradley, 25, of Newton, inside his Sudbury home.

Rates for 30-year Loans Drop
Source: roadhouserealty.net

Homeowners with 30-year loans (and looking to refinance) have been seeing some good news this past month concerning loan rates. For the past three weeks in a row now, rates for 30-year home loans have dropped to 5.04 percent.

Making Home Affordable Program hasn't helped enough, some say
Source: CNN

She's convinced that banks will improve their track record only if they're forced to make loans. "Until it's made a mandatory program, I think we will not see a significant drop in foreclosures," Thompson said.

Homeowner: 'I was the pinball in a pinball machine'
Source: wcnc.com

Imagine sitting on your couch sleeping in front of the TV and all of a sudden a fire truck comes barreling into your house. That's exactly what happened to a man in Mt. Holly.

Burglar with fake gun fatally shot
Source: ABC Action News

Authorities say a burglar with a fake gun was shot and killed by a Panhandle home owner with a real gun.

Mortgage Defaults: Many Are Intentional, Study Finds
Source: TIME

Up to 26% of U.S. homeowners who stop paying their mortgage may be doing so intentionally, not because they can't make the payments, because they don't want to put money into a house that's worth less than what they owe.

Binmen refused to collect bin three inches out of position
Source: Telegraph

Binmen refused to collect a wheelie bin because a homeowner claims he left it three inches out of its required position.

Forget Tea Parties. Bring a Pitchfork to a Shareholder Meeting.
Source: OpEdNews.Com Progressive

"Succored by government, America's business and financial elites have assumed a pervasive ethic of entitlement – and suckered the rest of us. Their "innovations" triggered a massive redistribution of wealth – upward."

Homeowner clobbers burglar with baton
Source: TCPalm.com

PORT ST. LUCIE — A 22-year-old man was charged with felony burglary and misdemeanor criminal mischief Saturday after being accused of trying to enter a Port St. Lucie home, according to an arrest affidavit from the St. Lucie County Sheriff's Office.

Police: Couple come home, find woman in bathroom
Source: thesunnews.com

Excerpt: A Pawleys Island couple called the sheriff's office after discovering an elderly unknown woman in their bathroom on their toilet at their Tall Pines Way home Thursday afternoon, police said.

Homeowner who shot herself amid eviction dies
Source: CNN

Addie Polk, who became the national face of the foreclosure crisis last fall when she shot herself during an eviction, was a quiet woman who never asked for help. Polk, 91, who was a deaconess at her church, was remembered by friends and churchgoers for her stateliness.

Deputies: Homeowner Kept Suspect in Pool Until Arrest
Source: WLTX.com News

- Lexington County deputies say they arrested a 19-year-old Lexington man after a homeowner caught the suspect breaking into the victim's Batesburg-Leesville home.

Resentment Grows Over Paying for Others' Foreclosure Misery
Source: FOXNews.com

Michelle Fry is a suburban Atlanta homeowner who has seen the value of her modest one-family home drop by more than half in the past year.

On the Mortgage Stimulus—Where's My Carrot?

Does President Obama's anxiously awaited and recently unveiled $75 Billion Housing stimulus plan do enough to help stable homeowners whose home values have plummeted? Unfortunately, I would have to say no.

Homeowner Stability Initiative & Fairness

Homeowner Stability Initiative: incentives to mortgage lenders in an effort to convince them to help up to 4 million borrowers on the verge of foreclosure. The goal: cut monthly mortgage payments to sustainable levels, defined as no more than 31 percent of a homeowners income.

Grab Your Torch 'n Pitchforks!- At-risk homeowners storm mansions of mortgage CEOs
Source: nbcnewyork.com

Hundreds of people trying to save their homes from foreclosure flocked to Connecticut's wealthy Gold Coast this weekend to give financial kingpins a piece of their mind.

Home Warranty Companies Are Not Created Equal
Source: The Atlanta Journal-Constitution

Great information for anyone considering purchasing a home maintenance plan.

California Homeowner pays $1 million for accidentally starting a wildfire
Source: The Sacramento Bee

For one California man, a little fix-it job in the driveway wound up costing big – $1 million, to be exact.

Bill embraces FDIC Loan Modification plan
Source: CNN

With the Bush administration refusing to enact FDIC Chairwoman Sheila Bair's controversial loan modification plan, lawmakers are taking matters into their own hands.

Homeowner Bailout: Do You Qualify?
Source: Consumer Warning Network

Do you as a homeowner qualify for bailout money?

Homeowner Looks To Trade House Online
Source: WESH.com

Video: A Lansing, Mich., man is looking to swap houses on Craigslist.

To Pay or Not To Pay (My Mortgage): An "Untroubled" Homeowner's Hardship Letter

After hearing the details of the latest proposed Federal Mortgage Aid Plan, do any other homeowners out there feel like you just won the un-lottery?

Man Robbed At Gunpoint In His Garage
Source: local6.com

the victim was working in his garage, located in the 800 block of East Coquina Drive, at about 9:50 a.m. Wednesday when two men approached him. The men pulled out guns and demanded money, police said.

McCain changes homeowner plan
Source: Yahoo! News

Sen. John McCain (R-Ariz.) made an overnight change in the homeowner bailout he proposed at Tuesday's presidential debate, making it more generous to financial institutions and more costly for taxpayers. The latest from the not-so-straight talk express.

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