Feb 22, 2013 In some working-class neighborhoods with cheap housing, the banks actually lose money on a foreclosure. So it’s cheaper to do nothing.
Jan 28, 2013 The housing crash not only touched off a wave of foreclosures, it torpedoed property values and the taxes cities and counties collect off them. But some localities are fighting back in an effort to reverse their budget shortfalls.
Jan 7, 2013 In a costly day of legal settlements, 10 banks agree to pay $8.5 billion to four million homeowners for mishandling their foreclosures.
Dec 10, 2012 Hedge funds and private-equity funds are buying up hundreds of foreclosed homes at a time, turning them into rentals, crowding out first-time home buyers looking for bargains.
Dec 7, 2012 Fannie Mae, Freddie Mac and some big banks will halt evictions from foreclosed homes during the holidays. Is this altruism or a publicity stunt?
Oct 9, 2012 Gulf Coast insurance premiums have skyrocketed in recent years, and homeowners advocates say they're seeing people at risk of going into foreclosure because they can't afford their mortgage plus their insurance.
Aug 21, 2012 Four years into the housing crisis, abandoned and derelict foreclosures -- and the crimes they attract -- keep police busy in one Los Angeles neighborhood.
Aug 14, 2012 Many feared that millions of homes in foreclosure but not yet on the market would derail the housing recovery. But what ever happened to the "shadow inventory," as it's known?
Jul 12, 2012 There are some new figures out this morning from RealtyTrac about the number of foreclosures in the U.S. in the first half of this year, and they may shed some light on the so-far elusive housing recovery.