The percentage of underwater mortgages has hit a new high. Will that accelerate foreclosures? CNBC's Diana Olick has...
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FORECLOSURE CRISIS
Communities across the country are being devastated by foreclosures as home prices sink and homeowners struggle to prevent repossessions. Find the latest and best coverage of the home foreclosure crisis.
Foreclosure Crisis is part of Business Exchange, suggested by
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get mortgages even if they wanted one. The housing market's supply side is deeply troubled. With more foreclosures...
firms that represent big banks after Miller announced he was opening an investigation into the nationwide mishandling...
4 percent below their level a year earlier, according to the report. About 368,000 consumers showed new foreclosures on...
credit stimulated demand from buyers. When the tax credit went away, markets were left with rising supply from...
and the sharp fall in rates has eased the pressure on their pocketbooks and led to very few foreclosures.
credit stimulated demand from buyers. When the tax credit went away, markets were left with rising supply from...
unusual step of demanding that the explain why the court shouldn't simply shut down all their pending foreclosures and...
time since the third quarter of 2008, rising $30 billion or about 1%. Other positive trends included: New foreclosures...
the U.S. housing market into the worst collapse since the Great Depression, the devastating flood of resulting...
If you have no desire or need to sell your home, then falling home prices are just on paper and likely temporary,...
fell 3 percent in the first quarter and will drop as much as 9 percent this year as foreclosures spread and...
THIS morning, several news outlets are reporting on new home price data from Zillow which shows that prices fell 3%,...
million charge in its U.S. division in the quarter, as a result of a halt in its foreclosures and the anticipated...
firms that represent big banks after Miller announced he was opening an investigation into the nationwide mishandling...
foreclosed before it got the mortgage. If that decision is upheld, it could have wide implications in the foreclosure...
8, despite having emerged from bankruptcy only in November. And two homebuilders made the list despite a national...
to accept less than the outstanding value of the loan. Distressed Deals Distressed deals -- short sales and...
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in its disclosures about a subprime-linked C.D.O. Separately, JPMorgan, one of the lenders criticized over improper...
than many of its more recent brethren. Its schools are good, its economy relatively stable There have been...
a surge in REOs now, thanks to the plain old recession. 40 percent of the Chicago market is foreclosures, 43 percent in...
Discussing the housing market; foreclosures, and a potential rise in interest rates. Is now the time to consider buying...
Discussing the housing market; foreclosures, and a potential rise in interest rates. Is now the time to consider buying...
Top Sources: Foreclosure Crisis
- USA Today
- BusinessWeek
- bizjournals.com
- yourmortgageoryourlife.wordpress.com
- hattiesburgamerican.com
- MarketWatch
- money.cnn.com
- Reuters
- online.wsj.com
- send2pressnewswire.com
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