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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: foreclosure

foreclosure stories: 205 news summaries

201 - 205 of 205 Stories | << Prev 1 ... 7 8 9 10 11

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Monthly Foreclosures Climb Again

Figures jump 93% over 2006; 1 in every 693 households in default

Aug 22, 07 2:34 AM CDT
(Newser) - Foreclosure numbers were up big again in July, rising 9% from June’s figures and a whopping 93% from a year ago, an unwelcome sign for already reeling credit markets. Foreclosures rose in 43 states, but California, Florida, Michigan, Ohio and Georgia accounted for over half of the the activity,... More »

MORE ABOUT:
housing market • subprime mortgages • foreclosure • debt • home loans • credit market • borrowers • mortgage defaults

Edwards Linked to Katrina Foreclosures

Populist candidate
has $16M invested
in subprime lender

Aug 17, 07 7:21 AM CDT
(Newser) - John Edwards, who has railed against "shameful" subprime lenders on the campaign trail, has $16 million invested in a fund that has foreclosed on Katrina victims. A Wall Street Journal investigation has identified 34 New Orleans homeowners facing foreclosure suits from an arm of Fortress Investment Group, which Edwards... More »

MORE ABOUT:
John Edwards • Hurricane Katrina • New Orleans • subprime mortgages • foreclosure • Fortress Investment Group

Calif. Foreclosures Set Record

Second-quarter figures reveal housing slump worse than '96 skid

Jul 24, 07 5:56 PM CDT
(Newser) - Reflecting the increasingly gloomy picture across the country, residential foreclosures in California were up 799% in the second quarter compared to the same time last year, the LA Times reports. Stricter lending practices and the reeling housing market contributed to the record high 17,408 foreclosures in the three-month period,... More »

MORE ABOUT:
California • real estate • housing market • foreclosure • property

Scams Target Delinquent Homeowners

'Equity strippers' deceive borrowers behind on their mortgage payments

Jul 3, 07 5:45 PM CDT
(Newser) - A new form of fraud is thriving in the declining housing market, targeting desperate homeowners who are late on their mortgage payments. Known as equity strippers, companies cold-call burdened borrowers, promising a reprieve from their financial woes. In the end, they profit, and the owners end up losing their  home... More »

MORE ABOUT:
fraud • housing market • homes • foreclosure • mortgage • equity stripper • homeowners • borrowers

Home Foreclosures Hit Record

A dreary real estate market is fueling an all-time high rate of foreclosures

Jun 14, 07 3:16 PM CDT
(Newser) - Home foreclosures hit a record high in first-quarter 2007 as more subprime borrowers failed to make their mortgage payments. The number of mortgages entering foreclosure spiked four basis points to 0.58% and over 2.4% of subprime mortgage holders defaulted, up from 2% last quarter, according to a report... More »

MORE ABOUT:
real estate • economic growth • subprime mortgages • Ohio • homes • Michigan • Indiana • foreclosure • mortgage • Mortgage Bankers Association • US economy • borrowers • Great Depression

201 - 205 of 205 Stories | << Prev 1 ... 7 8 9 10 11


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