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Related News

Freddie, Fannie suspend foreclosure actions
Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures during the holiday season.

Fannie Mae foreclosure suspension from Nov. 26 to Jan. 9
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.

Freddie Mac foreclosure suspension from Nov. 26 to Jan. 9
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.

Foreclosure bailout 'still hopeful'
Read full story for latest details.

No job, bad mortgage - out of luck
All the foreclosure prevention plans announced to date will do little to help the next wave of delinquent homeowners, who can't make their monthly payments because they've lost their jobs.

No job, bad mortgage - no luck
All the foreclosure prevention plans announced to date will do little to help the next wave of delinquent homeowners, who can't make their monthly payments because they've lost their jobs.

Housing agency loosens foreclosure aid rules
The U.S. Department of Housing and Urban Development will loosen terms of its foreclosure-prevention effort so that the program, meant to backstop $300 billion in home loans, can be more effective, the agency said on Wednesday.

South Florida Foreclosures Up Over 325% From October 2007
Pre Foreclosure statistical analysis company Default Research says South Florida foreclosures are up 325 percent from October 2007, with Miami-Dade County leading. - Wed, 19 Nov 2008 13:07:40 GMT

Trying to Keep Neighborhoods Alive
The Foreclosure King has expanded to Detroit to tackle rising foreclosures.

As U.S. banks retreat, credit unions step up loans
Some U.S. consumers hit hard by the credit and foreclosure crisis are finding that down-sizing their lender is paying dividends.

Foreclosure rates up 25 percent year-over-year
The number of homeowners caught in the wave of foreclosures in October grew 25 percent nationally over the same month in 2007, data released Thursday showed.

Foreclosure Rates Still Climbing
Nevada, Florida lead fall 25 percent froma year ago.

Foreclosure Filings Jumps By 25% In October Led By Nevada
The number of homeowners in the U.S. receiving a foreclosure filing jumped by 25 percent on annual basis in the month of October, a report showed early Thursday. - Thu, 13 Nov 2008 05:47:18 GMT

Foreclosure Filings Increase By 25% Last Month From A Year Ago
The number of homeowners in the U.S. receiving a foreclosure filing jumped by 25 percent on annual basis in the month of October, a report showed early Thursday. The data on filings reflects five percent rise from the month of September, which increased at a slow pace, and 25 percent from a year earlier in the same period. - Thu, 13 Nov 2008 05:46:30 GMT

85,000 homes lost to foreclosure
As government and industry scrambled to stem the housing crisis, another 84,868 homes were lost to foreclosure in October, according to a report released Thursday.

85,000 homes lost to foreclosure in October
As government and industry scrambled to stem the housing crisis, another 84,868 homes were lost to foreclosure in October, according to a report released Thursday.

Foreclosures up 25 percent: RealtyTrac
U.S. foreclosure activity in October rose 25 percent from a year earlier, although filings in California fell by double-digit percentage points for the second consecutive month due to a state law slowing the foreclosure process, according to a monthly report by RealtyTrac.

Foreclosures up 25 percent: RealtyTrac
Reuters - U.S. foreclosure activity in October rose 25 percent from a year earlier, although filings in California fell by double-digit percentage points for the second consecutive month due to a state law slowing the foreclosure process, according to a monthly report by RealtyTrac.

U.S. might widen foreclosure help program
The government may let more borrowers qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more affordable ones, a top Bush administration official said Wednesday.

Fannie Mae, Freddie Mac Streamline Foreclosure Process
Fannie Mae and Freddie Mac stepped up their efforts to prevent more foreclosures by streamlining the process. - Wed, 12 Nov 2008 07:07:50 GMT

Why Mortgage Rescue Plans Aren't Enough
Critics: Efforts by government, banks still won't keep many out of foreclosure.

U.S. Offers Plan to Modify Home Loans
The goal will be to modify the mortgages of homeowners facing foreclosure so that a monthly loan payment is no higher than 38 percent of a borrower?s monthly income.

Citi to modify $20 billion in home loans
Citigroup says it will expand its foreclosure prevention efforts and try to keep 130,000 troubled borrowers with $20 billion in mortgages in their homes.

Federal Reserve Bank Analysis Finds Problems With Moratorium On Home Mortgage Foreclosure Moratorium
A report by the Federal Reserve Bank of St. Louis warns against a moratorium on mortgage foreclosure, citing the low number of mortgages now in foreclosure along with lessons learned from a similar measure during the Great Depression. - Thu, 6 Nov 2008 12:40:18 GMT

Mortgage Foreclosure Moratorium Might Not Be Best Move Federal Reserve Report Finds
A report by the Federal Reserve Bank of St. Louis warns against a moratorium on mortgage foreclosure, citing the low number of mortgages now in foreclosure along with lessons learned from a similar measure during the Great Depression. - Thu, 6 Nov 2008 12:40:50 GMT


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