Foreclosure deal doesn't go far enough, some groups say - Washington Post

Foreclosure deal doesn't go far enough, some groups say Washington Post It could also require the banks to pay as much as $25 billion in penalties that would be put toward helping struggling homeowners and borrowers who lost their homes to foreclosure in recent years. The precise size of the deal hinges largely on the ... and more »

David Carter Found Dead In Foreclosed Home As Many As Four Years After Suicide ... - Huffington Post

David Carter Found Dead In Foreclosed Home As Many As Four Years After Suicide ... Huffington Post A Milwaukee real estate agent entered one such house last month after it was repossessed due to tax foreclosure -- the government can foreclose on a home if taxes and subsequent fees are not paid off within a designated time period -- to find a sight ... and more »

That Comeback Trail for the Economy? Here, It's Littered With Foreclosures - New York Times

That Comeback Trail for the Economy? Here, It's Littered With Foreclosures New York Times Three years ago, when I wandered this block south of Linden Boulevard in Queens, banks had foreclosed on eight homes. In the years since, banks have filed notice against a half-dozen more owners. Some of those homes sit abandoned, plywood boards nailed ...

Senator drops bill after mortgage policy change - San Jose Mercury News

Senator drops bill after mortgage policy change San Jose Mercury News A state senator said Monday he will withdraw a bill to protect borrowers who had been threatened with foreclosure because they were renting out their homes, saying his measure is no longer necessary because a state agency reversed its policy. and more »

Banks Have Little Incentive to Prevent Foreclosure - LoanSafe

Banks Have Little Incentive to Prevent Foreclosure LoanSafe But after nearly three years and billions of dollars later, homes across the country continue to be foreclosed and put up for auction at trustee sales. Yuma County alone had over 260 trustee sales in January. And despite all the discussion and ... and more »