Database of Foreclosure & Foreclosed Homes Listings » Foreclosure News

Foreclosure Program

admin — Wed, 28 Jul 2010 19:06:03 +0000

A reader responds to an article about the shortcomings of a program to prevent foreclosures.
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Seeking to Close Off an Exit

admin — Sun, 25 Jul 2010 03:48:06 +0000

A new report suggests that “strategic defaults,” in which borrowers simply walk away from their loans and properties, may be reaching their peak.
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Use of Private Process Servers Is Up; Concern Is, Too

admin — Fri, 23 Jul 2010 22:44:49 +0000

The increasing use of private special process servers in foreclosure cases is the subject of a federal lawsuit filed last week.
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Inspector Says Loan Modification Program Has Fallen Short

admin — Thu, 22 Jul 2010 17:34:33 +0000

Only 340,000 homeowners have had their mortgages permanently adjusted under the program, a small fraction of those needing assistance.
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Rescued From Blight, Losing Their Grip

admin — Tue, 20 Jul 2010 07:26:13 +0000

Hundreds of once-decrepit buildings relinquished by New York City are falling back into severe financial trouble.
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A Falling Homeownership Rate

admin — Sat, 17 Jul 2010 21:06:18 +0000

A report by the New York Federal Reserve Bank puts the homeownership rate lower than levels indicated by census data.
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New York and Unions Press Banks on Foreclosures

admin — Wed, 14 Jul 2010 05:41:18 +0000

The city’s comptroller, John Liu, and several unions hope to get help for people at risk of losing their homes.
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Walking Away From Million-Dollar Mortgages

admin — Fri, 09 Jul 2010 09:16:00 +0000

The well-to-do have stopped paying their home loans in greater numbers, and apparently with less guilt.
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The Great Rupture

admin — Sun, 04 Jul 2010 12:34:11 +0000

The impressions of a traveling man: Reinvention is in the air. People are hanging together. Sometimes they aren’t.
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Analysts Question Fannie’s Threat on Mortgage Defaults

admin — Sat, 26 Jun 2010 00:43:42 +0000

Experts wondered what Fannie Mae, the mortgage finance giant, hoped to achieve by announcing it would punish owners who strategically defaulted.
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