foreclosures

Latest FORECLOSURES News and Developments

Overflow from foreclosures strains shelter - Worcester Telegram
( Thu, 24 Jul 2008 08:37:32 GMT )

Overflow from foreclosures strains shelter
Worcester Telegram, MA - 3 hours ago
By Aaron Nicodemus TELEGRAM & GAZETTE STAFF STERLING The calls keep on coming to The Animal Shelter of Sterling; dozens per day. ...

National City has $1.76 bln loss - guardian.co.uk
( Thu, 24 Jul 2008 11:44:32 GMT )

National City has $1.76 bln loss
guardian.co.uk, UK - 44 minutes ago
That state has been among the hardest hit by foreclosures. In addition, the bank has refocused its mortgage business on smaller, higher-quality loans, ...

US legislation may help struggling homeowners refinance - Vero Beach Press-Journal (subscription)
( Thu, 24 Jul 2008 11:44:42 GMT )

US legislation may help struggling homeowners refinance
Vero Beach Press-Journal (subscription), FL - 44 minutes ago
Lenders would have the option, but no requirement, to refinance loans at lower amounts to avoid costly foreclosures. If owners fail to meet the new payments ...

Home prices register increase in W.Va. - Times-West Virginian
( Thu, 24 Jul 2008 09:02:53 GMT )

Home prices register increase in W.Va.
Times-West Virginian, WV - 3 hours ago
While many places across the nation are having a lot of foreclosures, West Virginia hasnt had that problem. Overall I would say that West Virginia remains ...

House Passes Housing Bill After Bush Says He Will Sign It - StarNewsOnline.com
( Thu, 24 Jul 2008 11:31:29 GMT )

House Passes Housing Bill After Bush Says He Will Sign It
StarNewsOnline.com, NC - 57 minutes ago
They said it would rank in importance with the creation of the Home Owners Loan Corporation to prevent foreclosures in the 1930s as part of the New Deal, ...

US races to ease mortgage meltdown - Detroit Free Press
( Thu, 24 Jul 2008 07:04:22 GMT )

US races to ease mortgage meltdown
Detroit Free Press, United States - 5 hours ago
"As far as the" refinanced loans "for people who are upside down on their mortgages, that could help us avoid another huge wave of foreclosures. ...

National City has $1.76 billion loss - EcoDiario.es
( Thu, 24 Jul 2008 11:52:44 GMT )

National City has $1.76 billion loss
EcoDiario.es, Spain - 36 minutes ago
That state has been among the hardest hit by foreclosures. In addition, the bank has refocused its mortgage business on smaller, higher-quality loans, ...

Plunging commodities hit TSX - Vancouver Sun
( Thu, 24 Jul 2008 08:37:35 GMT )

Plunging commodities hit TSX
Vancouver Sun, Canada - 3 hours ago
... insurers in the US each gained more than 11 per cent after Congress passed a $25 billion bailout package intended to stem the tide of foreclosures. ...

Tough Times for Banks - The Santa Barbara Independent
( Thu, 24 Jul 2008 07:02:07 GMT )

Tough Times for Banks
The Santa Barbara Independent, CA - 5 hours ago
The trend follows that of the entire state, which is seeing a 124.9 percent increase in foreclosures. According to DataQuick Information Systems, ...

Plan to rescue loans, lenders clears House - Arkansas Online
( Thu, 24 Jul 2008 10:44:42 GMT )

Plan to rescue loans, lenders clears House
Arkansas Online, AR - 1 hour ago
... on Wednesday approved legislation designed to shore up confidence in Fannie Mae and Freddie Mac and stem the record surge in mortgage foreclosures. ...

Housing inventory better but not good - Fredericksburg.com
( Thu, 24 Jul 2008 08:15:29 GMT )

Housing inventory better but not good
Fredericksburg.com, VA - 4 hours ago
The ratio hit double figures in September 2006 and has stayed there since, as foreclosures have pushed up supply and tighter credit has reduced demand. ...

Help for US homeowners, mortgage giant sails through House, on ... - Welt Online
( Thu, 24 Jul 2008 09:15:20 GMT )

Help for US homeowners, mortgage giant sails through House, on ...
Welt Online, Germany - 3 hours ago
The House of Representatives passed legislation Wednesday that aims to help 400000 strapped US homeowners avoid foreclosures and prevent troubled mortgage ...

Business Briefing - Los Angeles Times
( Thu, 24 Jul 2008 07:01:07 GMT )

Business Briefing
Los Angeles Times, CA - 5 hours ago
San Diego has filed a civil complaint asking a state court to block mortgage lender Countrywide Financial Corp. from foreclosing on subprime borrowers. ...

Housing-aid bill is not a cure-all - AZ Central.com
( Thu, 24 Jul 2008 07:59:56 GMT )

Housing-aid bill is not a cure-all
AZ Central.com, AZ - 4 hours ago
Still, Karnas said, the amount is not significant enough to take on a large percentage of foreclosures. Foreclosures across metro Phoenix numbered 16647 for ...

Huge Housing Bill Set to Become Law - Washington Post
( Thu, 24 Jul 2008 10:33:15 GMT )

Huge Housing Bill Set to Become Law
Washington Post, United States - 1 hour ago
Although Bush continues to oppose a provision that offers $3.9 billion to communities devastated by foreclosures, he rescinded a veto threat after Treasury ...

Ahead of the Bell: Existing Home Sales - Forbes
( Thu, 24 Jul 2008 10:29:59 GMT )

Ahead of the Bell: Existing Home Sales
Forbes, NY - 1 hour ago
While builders have been slashing the number of new units under construction in an effort to get control of inventories, mortgage foreclosures have been ...

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