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July 25, 2008 12:23:05 AM CDT


Stories related to: repossessions

Stories

3 Stories

  • May 2008
    • SUV Credit Crunch Rolls Over Ford

      SUV Credit Crunch Rolls Over Ford

      Ford's plans to get back in the black are being forced off the road by woes at its lending arm, the Wall Street Journal reports. The auto giant made a lot of cut-rate loans on trucks and SUVs in recent  years and has been unable to recoup losses on bad loans through repossessions because of the plummeting resale value of bigger vehicles. More »

      Tags

      Ford   SUV   trucks   credit   repossessions   used cars

  • March 2008
    • Agents Use 'Cash for Keys' to Stem Owner Vandalism

      Agents Use 'Cash for Keys' to Stem Owner Vandalism

      Banks and mortgage companies are hoping a “cash for keys” policy will stem a growing problem for lenders taking possession of foreclosed homes: dispossessed homeowners trashing their houses on the way out the door. Cheaper and faster than eviction proceedings, the policy is "win-win for both parties," an agent who handles foreclosures tells the Wall Street Journal . More »

      Tags

      credit crisis   housing market   subprime crisis   foreclosure   repossessions

  • February 2008

3 Stories

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