foreclosure crisis

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Latest blogosphere posts tagged “foreclosure crisis”

• While the Foreclosure Crisis is Raging, Unemployment is Squeezing Families

  
  Foreclosure News - Foreclosure1.com — Authority: 125
  In previous days the automobile unions had a strong say in money matters. The auto firms were compelled to pay nearly 95% of the gap between the salary and the unemployed benefits. But since then the unions have declined in size and influence. Michale LeRoy of University of Illinois said “that would be ...
  1 day ago

• PLAIN DEALER: FIVE PLEAD GUILTY IN SLAVIC VILLAGE MORTGAGE FRAUD CASE

  
  ClevelandDesignCity — Authority: 142
  CLEVELAND — Five real estate buyers involved in a mortgage fraud scheme that prosecutors say contributed significantly to foreclosure and blight in Cleveland’s Slavic Village neighborhood pleaded guilty Monday in Cuyahoga County Common Pleas Court to multiple counts of corruption related charges. Pak Hor Lui, 55, ...
  2 days ago

• The Pope, The Arts, A Nation in Crisis

  
  BeltwayBlips - Top Political News, Videos, and Blogs — Authority: 557
  Never in my lifetime have I witnessed an America so filled with self-doubt. Doubt about our governing institutions, our schools, our health care, our industrial complex, our financial institutions, of who we are and who we have become. The spirit of fairness and shared destiny has descended into ... The Hollywood ...
  2 days ago

• Detroit has new anti-foreclosure program

  
  Michigan Messenger — Authority: 650
  Facing some of the most staggering foreclosure rates in the nation, the city of Detroit has a new program to keep people in homes after they’ve been foreclosed upon — at least temporarily. Tom Walsh of the Detroit Free Press has the details : The so-called ROOF (for Retaining Occupancy On Foreclosure) program ...
  2 days ago

• PLAIN DEALER: HUD CRITICIZED FOR ITS PRACTICES AS AN OWNER AND SELLER OF FORECLOSED HOMES

  
  ClevelandDesignCity — Authority: 142
  If anyone else had owned the two vacant and dilapidated houses on Friend Avenue, Maple Heights officials would have torn them down already. They’ve been plundered by vandals and left to languish. The front porch on one is so damaged a city official won’t risk walking on it. The other suffered months of water ...
  3 days ago

• The foreclosure Crisis has Raised the Issue of Ethical Capitalism

  
  Government Repo Homes News Center — Authority: 124
  The recent devastating foreclosure crisis has raised the issue of ethical capitalism. Capitalism has slipped in morality. Since the eruption of the catastrophe the palliatives have concentrated on capital, restructure of the system and equity. These have to be addressed – there is no doubt about that. But it ...
  5 days ago

• Renters ‘lost in the shuffle’ in anti-foreclosure efforts

  
  Michigan Messenger — Authority: 650
  Mortgage giant Fannie Mae’s recent announcement that it will give homeowners facing foreclosure the chance to stay in their properties as renters for as long as a year is the latest aggressive move by the government to help troubled borrowers and tenants avoid being evicted. But as past efforts to stem the ...
  5 days ago

• New Jersey Sees 14.5% Increase in Foreclosures

  
  LoanWorkout.org — Authority: 146
  That means that almost one of every seven mortgages in the state was in trouble. The nationwide percentage of delinquent or foreclosed mortgages was a record 14.4 percent, up from 10 percent a year earlier.The rise in unemployment is the main driver behind the rise in foreclosures, according to Jay Brinkmann, the ...
  5 days ago

• 1 in 7 US Home Loans in Foreclosure or Delinquent

  
  LoanWorkout.org — Authority: 146
  NEW YORK (Reuters) – A record one in seven U.S. mortgages were in foreclosure or at least one payment past due in the third quarter, according to fresh data signaling the recovery in the housing market will be tepid at best.U.S. mortgage delinquency rates and the percentage of loans that entered the foreclosure ...
  5 days ago

• Foreclosures Will Rise Through 2010

  
  LoanWorkout.org — Authority: 146
  Home foreclosures are likely to keep climbing through all of next year despite stabilizing housing prices in some areas, a major lender group said Thursday as it reported that the level of delinquencies and repossessed homes had jumped to a record.One in seven U.S. home loans was past due or in foreclosure as of Sept. ...
  5 days ago

• Navigating the Jobs Crisis: 3 Strategies for Real Economic Recovery

  
  New Deal 2.0 — Authority: 142
  In the wake of the highest unemployment rate in 25 years, the Roosevelt Institute asked historians, economists and other public thinkers to reflect on the lessons of the New Deal and explore new, big ideas for how to get America back to work. James Carr argues for targeting hardest-hit communities with job training ...
  5 days ago

• TOI STUDIO: “BEST COMMENTARY BY A COOKIE” AWARD

  
  ClevelandDesignCity — Authority: 142
  The post Forclosure Crisis Forum lunch yielded the most fitting of all cookie communiques I have ever received. It was so befitting the conversation that we were sure that someone with a typewriter was in the next room, eavesdropping and predicting. For those of you who can’t squint it reads: “The minute you ...
  6 days ago

• Ohio Among States Least Helped By Fed Foreclosure Plan

  
  LoanWorkout.org — Authority: 146
  A new study shows that Ohio is one of the states least helped by President Barack Obama’s plan to help borrowers in trouble. It’s a distinction the state can hardly afford. Ohio has long been one of the worst hit states in the country’s foreclosure crisis. ideastream®’s Mhari Saito reports.According to the US ...
  6 days ago

• The Ignoring of Warnings Expedited the Foreclosure Crisis

  
  House Repos Blog — Authority: 124
  The housing boom was the result of a tie up of understanding between speculators, investors, bankers, administration and politicians. It led to borrowers being taken for a ride that ultimately led to the expediting of the foreclosure crisis and the Great Depression. Experts hired by Hillsborough County ...
  1 week ago

• Philadelphia Gives Homeowners a Way to Stay Put

  
  Livinglies's Weblog — Authority: 131
  The real story with real solutions or at least partial solutions. Sheriff Green started all this. Bravo. Now start thinking of all the profits, transfers and records that should have been reported, filed and taxed and the state budget problems will be over. November 18, 2009 Philadelphia Gives Homeowners a Way to ...
  1 week ago

• A Foreclosure Family Saga

  
  The Consumer Warning Network — Authority: 120
  Nightline’s Vicki Mabrey takes a heart-wrenching look at one family’s struggle to fight foreclosure.  Hard times, from job loss to medical bills, ultimately got the best of them, and the mortgage company was not inclined to help.  Click here to see the story of this average American family’s battle to stop ...
  1 week ago

• Home Appraisal Codes Being Revamped so as to Avoid Rerun of Foreclosure Crisis

  
  Foreclosure News - Foreclosure1.com — Authority: 125
  Appraisal codes of houses have come in for sharp criticism. Plans are afoot to revamp the codes so as to avoid a rerun of the foreclosures crisis in the future. The appraisal system had been imposed through the entire country by the jumbo mortgage giants – Fannie Mae and Freddie Mac in May this year. Many ...
  1 week ago

• Regulations to Help Reduce Charlotte Foreclosed Homes for Sale

  
  Foreclosure Homes For Sale Information — Authority: 127
  New regulations have been proposed to help financially struggling families remain in their homes and reduce the number of Charlotte foreclosed homes for sale . The North Carolina Office of the Commissioner of Banks has announced a proposal that would immediately stop foreclosures once troubled homeowners request ...
  1 week ago

• “I’d love to say there is an end in sight, but the end is not near.”

  
  LoanWorkout.org — Authority: 146
  “People are desperately out of work and in danger of losing their homes,” said state Sen. Linda Holmes, D-Aurora. “I’d love to say there is an end in sight, but the end is not near.”“You can never catch up,” she said. “I’ve been trying to work something out with the mortgage company and they are [...]
  1 week ago

• 22% Increase in California Foreclosures for October

  
  LoanWorkout.org — Authority: 146
  Foreclosure repossessions in California increased 22.24% from September to October, according to data released by ForeclosureRadar.com.Last month’s foreclosures increased 20.95% from October 2008. October’s foreclosures were 42.56% below California’s peak month of July 2008, but since then, the inventory of real ...
  1 week ago

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