Posts In Category Foreclosures
Once Trusted Mortgage Pioneers, Now Scrutinized
on April 7, 2010 by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off
Herbert and Marion Sandler, long viewed as model citizens of the mortgage industry, have been swept into the debate over who is to blame. Read full story: NYT > Foreclosures […]
To Avert Blight, City Will Repair and Resell Vacant Homes
on by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off
New York City will spend $24 million to rehabilitate and resell 115 foreclosed homes, one of the most aggressive steps city officials have taken in years to prevent neighborhood blight. […]
Swindlers Find Growing Market in Foreclosures
on by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off
A new breed of swindlers calling themselves “foreclosure rescue companies” is preying on desperate homeowners.
Read full story: NYT > Foreclosures
Wider Role Urged for Housing Choice
on by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off
Members of the Senate banking committee urged the housing secretary nominee, Shaun Donovan, to be aggressive in fighting home foreclosures.
Read full story: NYT > Foreclosures
Former California Homeowners Lash Out at Builder
on by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off
The protest was the latest effort to pressure KB Home, one of the nation’s largest home builders, to change its lending policies.
Read full story: NYT > Foreclosures
Banks Starting to Walk Away on Foreclosures
on by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off
Banks are quietly declining to take possession of properties at the end of the foreclosure process because the cost of the ordeal exceeds the value of the real estate. Read […]
