Reuters
Americans brace for next foreclosure wave
By Nick Carey
GARFIELD HEIGHTS, Ohio | Wed Apr 4, 2012 7:09pm EDT
GARFIELD HEIGHTS, Ohio (Reuters) - Half a decade into the deepest U.S. housing crisis since the 1930s, many Americans are hoping the crisis is finally nearing its end. House sales are picking up across most of the country, the plunge in prices is slowing and attempts by lenders to claim back properties from struggling borrowers dropped by more than a third in 2011, hitting a four-year low.
Showing posts with label Housing Market. Show all posts
Showing posts with label Housing Market. Show all posts
Wednesday, April 4, 2012
Thursday, February 16, 2012
Reuters: Foreclosure abuse rampant across U.S., experts say
http://www.reuters.com/article/2012/02/17/us-usa-housing-defaults-idUSTRE81G04M20120217
Foreclosure abuse rampant across U.S., experts say
By Tim Reid
LOS ANGELES | Thu Feb 16, 2012 8:57pm EST
LOS ANGELES (Reuters) - A report this week showing rampant foreclosure abuse in San Francisco reflects similar levels of lender fraud and faulty documentation across the United States, say experts and officials who have done studies in other parts of the country.
Foreclosure abuse rampant across U.S., experts say
By Tim Reid
LOS ANGELES | Thu Feb 16, 2012 8:57pm EST
LOS ANGELES (Reuters) - A report this week showing rampant foreclosure abuse in San Francisco reflects similar levels of lender fraud and faulty documentation across the United States, say experts and officials who have done studies in other parts of the country.
Monday, October 24, 2011
Reuters: U.S. throws lifeline to underwater homeowners
U.S. throws lifeline to underwater homeowners
By Margaret Chadbourn
WASHINGTON | Mon Oct 24, 2011 8:53pm EDT
(Reuters) - U.S. homeowners who owe more than their properties are worth got new help on Monday with the government's expansion of a refinancing program in a step that could help up to 1 million borrowers.
By Margaret Chadbourn
WASHINGTON | Mon Oct 24, 2011 8:53pm EDT
(Reuters) - U.S. homeowners who owe more than their properties are worth got new help on Monday with the government's expansion of a refinancing program in a step that could help up to 1 million borrowers.
Saturday, October 22, 2011
USA Today: Condo nation: Why so few Americans are buying homes
Condo nation: Why so few Americans are buying homes
By John Melloy, CNBC.com
2011.10.22 07:52 AM
The housing market is rebounding — at least one piece of it.
By John Melloy, CNBC.com
2011.10.22 07:52 AM
The housing market is rebounding — at least one piece of it.
Monday, August 15, 2011
Reuters: Analysis: How low can mortgage rates go?
Analysis: How low can mortgage rates go?
By Ashleigh Patterson
NEW YORK | Mon Aug 15, 2011 11:03am EDT
(Reuters) - Mark Sass and his wife Jan decided to refinance the mortgage on their Cincinnati, Ohio, home on Friday, just days before the Federal Reserve pledged to keep rates near historic lows through the first half of 2013.
By Ashleigh Patterson
NEW YORK | Mon Aug 15, 2011 11:03am EDT
(Reuters) - Mark Sass and his wife Jan decided to refinance the mortgage on their Cincinnati, Ohio, home on Friday, just days before the Federal Reserve pledged to keep rates near historic lows through the first half of 2013.
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