Related News

Foreclosure is a problem for celebrities too
It seems like just yesterday — excess was in and celebrities lived it up, buying lavish cars, expensive toys and over-the-top homes. Now, they're losing it like everyone else.

Foreclosure help available to more homeowners
The Obama administration is expanding a program to stave off foreclosure for borrowers who owe more than their homes are worth.

Marshall & Ilsley extends foreclosure moratorium
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

Many stuck in foreclosure limbo
As homeowners fall behind on payments, they enter limbo waiting for their banks to foreclose.

Foreclosure Be Damned, Mow Your Lawn
Many towns are taking action to maintain lawns of foreclosed homes.

The New Normal: Saving Strangers from Foreclosure
Short on cash, more Americans practice person-to-person philanthropy

Is Obama foreclosure plan working?
Homeowners are having mixed results applying for president's foreclosure prevention plan. The tribulations and triumphs of those trying to get loans modified or refinanced.

A look at the hardest hit counties
The AP Economic Stress Index uses unemployment, bankruptcy and foreclosure rates from each U.S. county to calculate the recession's impact on a scale of 1 to 100, with 100 being the worst-case scenario. Here are counties larger than 25,000 residents with the biggest spike in the AP Economic Stress score from April 2008 to April 2009, indicating worsening economic health; the point-change in score; and the actual score in April:

Neighbors are forcing neighbors into foreclosure
AP - Thousands of Americans who have generally kept up with their mortgages are still in danger of losing their homes because they made a fateful trade-off in this shaky economy — they let their homeowner association dues slide.

May foreclosures third highest on record
U.S. foreclosure activity for May ebbed from April's record, but mortgages still failed at a staggering pace as President Barack Obama's rescue programs had not had time to fully take root, RealtyTrac said on Thursday.

May foreclosures fall - but still high
Lenders filed fewer foreclosure notices in May, but the total number of filings was still the third-highest monthly total on record.

Foreclosures fall - but still 3rd worst month
Lenders filed fewer foreclosure notices in May, but the total number of filings was still the third-highest monthly total on record.

Calif. resort that hosted AIG faces foreclosure
The Southern California resort where AIG sponsored a luxury retreat after receiving federal bailout money is facing a foreclosure auction, according to a published report.

May U.S. foreclosures third highest on record
U.S. foreclosure activity for May ebbed from April's record, but mortgages still failed at a staggering pace as President Barack Obama's rescue programs had not had time to fully take root, RealtyTrac said on Thursday.

Foreclosure Rate Stays On The Boil In May
Third consecutive month with more than 300,000 filings.

Top 14 Ways You Can Save at the Pump
Americans battered by foreclosure and debt once again face rising gas prices.

Gas Rises Again: How to Save at the Pump
Americans battered by foreclosure and debt once again face rising gas prices.

Foreclosure: Now an Upscale Blight

WATCH: Avoid Foreclosure Scams

Mortgages: Avoiding Foreclosure
Vast numbers of borrowers who took out unsecured personal loans from Fannie Mae to cover missed mortgage payments ultimately defaulted.

Troubled mortgages at record high
Despite all the hand-wringing and attempts to contain the foreclosure plague, the problem still spread during the first three months of 2009, as the number of foreclosure actions started hit a record high, according to a quarterly report.

More Homeowners Facing Foreclosure
More homeowners are falling behind on their mortgages and sliding into foreclosure, according to new figures, a sign that the housing crisis is spreading.

Troubled mortgages hit record high
Despite all the hand-wringing and attempts to contain the foreclosure plague, the problem still spread during the first three months of 2009, as the number of foreclosure actions started hit a record high, according to a quarterly report.

1 in 8 homeowners behind on mortgage or in foreclosure
One of eight U.S. households with a mortgage ended the first quarter late on loan payments or in the foreclosure process in a crisis that will persist for at least another year until unemployment peaks, the Mortgage Bankers Association said on Thursday.

12 pct. are behind on mortgage or in foreclosure
AP - A record 12 percent of homeowners with a mortgage are behind on their payments or in foreclosure as the housing crisis spreads to borrowers with good credit. And the wave of foreclosures isn't expected to crest until the end of next year, the Mortgage Bankers Association said Thursday.

Les Choad
LeChoad.com
(413) 702-5880
  Click to email me