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Foreclosures Archives

Foreclosure Crisis Far From Over, Report Warns
By: Jeff Brown
NEW YORK (MainStreet) -- It seems like the housing crisis has been around for an eternity, but we may have years more to endure. Read more»
How 'Holistic' Financial Planning Can Help Avoid Foreclosure
By: Brian O'Connell
NEW YORK (MainStreet) -- Despite whatever marginal gains are made in the number of delinquent mortgages in the U.S., times remain tough for many American homeowners. Read more»
Housing Update: As Foreclosures Rise, Foreclosure Sales Dip
By: Brian O'Connell
NEW YORK (BankingMyWay) — It’s not good news for the real estate market this week, especially on the foreclosure front. New data shows that foreclosures are mounting just as foreclosure sales are dipping. That means there are more foreclosed homes on the market but fewer people interested in buying them. Read more»
First-Time Buyers Ignoring Foreclosure Market
By: Brian O'Connell
NEW YORK (MainStreet) -- It’s a tale of two housing problems. Read more»
Forget the Debt Ceiling, Focus on Housing
By: Brian O'Connell
NEW YORK (MainStreet) — The Obama administration and Congress are anxious to get the debt debate behind them so they can focus on an equally big problem: the U.S. housing market. Read more»
Moody's Economist: Gov't Must Rescue Housing
By: Brian O'Connell
NEW YORK (MainStreet) — Moody’s Analytics’s chief economist Mark Zandi says it’s time to stop fooling around with the housing market and take some aggressive – and historical – steps to keeping Americans in their homes. Read more»
Equifax: No End in Sight for Housing Crisis
By: Brian O'Connell
NEW YORK (BankingMyWay) -- Banks are foreclosing on so many homes, it’s becoming impossible to get rid of them all. That in turn is driving the foreclosure rate upward--not downward as some experts have been saying—and it’s a trend that could worsen if banks and lenders don’t take action, Equifax says. Read more»
HAMP Extension: A Win for Jobless Homeowners
By: Brian O'Connell
NEW YORK (MainStreet) — While Washington debates spending cuts, the federal government is stepping up efforts to keep jobless Americans in their homes. Read more»
Experts: The Market Needs Faster Foreclosures
By: Brian O'Connell
NEW YORK (MainStreet) — The key to stabilizing U.S. home prices is to do the opposite of what’s happening now, says one housing industry expert. Instead of sitting on hundreds of thousands of foreclosures, banks and lenders should be accelerating the process of foreclosure and eviction. Read more»
How to Manage a Home in Foreclosure
By: Jeff Brown
NEW YORK (MainStreet) — For a homeowner facing foreclosure, there’s a silver lining: Lenders are so backed up that some homeowners may be able to stay in their homes for years before getting an eviction notice. Read more»
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