Stories Tagged as
Foreclosures
Banks warm to short sales for strapped homeowners
May 31, 2012
Pre-foreclosure sales are offering more relief in the tough housing market.
Advocates fight for candidates to address foreclosures
May 31, 2012
Today housing advocacy groups from 22 cities and 17 states are launching a campaign to force the presidential candidates to address the specific topic of foreclosures.
Wall Street firms may rent out Fannie foreclosures
Mar 19, 2012
Some of Wall Street's biggest firms want to bid on pools of foreclosed properties being sold by Fannie Mae to rent them out. What does that mean for investors and how might it affect homeowners?
The mortgage settlement may cost taxpayers
by
Adriene Hill
Feb 17, 2012
A report says U.S. taxpayers may end up on the losing side of the multi-billion-dollar housing settlement between banks and states. Former TARP Inspector General Neil Barofsky explains how we may be bailing out big banks again.
Nevadans scrutinize $25 billion foreclosure settlement
by
Adam Burke
Feb 13, 2012
Banks will pay out billions over questionable foreclosure practices, like robo-signing. Will homeowners in hard-hit Nevada feel relief?
Who benefits from the national mortgage settlement?
by
Adriene Hill
Feb 10, 2012
The settlement between states and banks is worth $250 billion, but few homeowners benefit.
HUD chief: Settlement is one piece of broader puzzle
by
Kai Ryssdal
Feb 10, 2012
The $25 billion foreclosure settlement is one of the biggest in history. But is it fair? Housing and Urban Development Secretary Shaun Donovan, one of the architects of the deal, responds.
For public good, not for profit.
$25 billion foreclosure settlement announced
Feb 9, 2012
Five big banks punished for illegal lending practices.
Delaware AG Biden: Mortgage deal not enough
Feb 7, 2012
Forty states have signed on to a settlement deal with the nation's largest banks, while Delaware and other hold-out states try for a better deal.
Getting foreclosures wrong may cost banks billions
Feb 6, 2012
National State Attorneys General Program Director James Tierney discusses why it has taken so long to reach a multi-state settlement with big banks over shady foreclosure practices during the housing crisis.