New York and Unions Press Banks on Foreclosures
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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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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The well-to-do have stopped paying their home loans in greater numbers, and apparently with less guilt.
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The impressions of a traveling man: Reinvention is in the air. People are hanging together. Sometimes they aren’t.
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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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The California Assembly will take up a bill that would redefine the obligations of many defaulting homeowners.
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After generations of opposition, many Detroit residents now support the wide demolition of abandoned buildings.
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A bank began foreclosure proceedings on a home co-owned by Marco Rubio, the Republican candidate for the Senate, after he failed to pay his mortgage for five months, according to court documents.
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The government says prosecutors have charged 1,215 people in hundreds of mortgage fraud cases involving estimated losses of $2.3 billion.
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The new scrutiny of mortgage foreclosure practices, like a $108 million fine extracted from Bank of America last week, is long overdue.
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Debt consolidation for co-op owners, buyout offers for rent-stabilized tenants, and more.
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