Archive for January 16th, 2010

No Recovery Act help for KC foreclosures
Kansas City Star
True, Kansas City's foreclosure rates are troubling, but they must pale in comparison with other US cities. Brooks was reacting Friday to news from

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The Foreclosure Process
Newsday (subscription)
The foreclosure process takes as long as 18 to 24 months in the region. Some homeowners may try to refinance or modify their loans, or bring their loans up

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Foreclosures keep recovery elusive on LI
Newsday (subscription)
like this: For every 10 homeowners who were able to sell their houses, another eight slid into default at the beginning of the foreclosure process.
211 information hotline launched on Long IslandNewsday (subscription)
Health care, energy bright spots in LI job marketNewsday (subscription)

all 6 news articles »

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Financial Questions and Answers
Baltimore Sun
A: There are so many Americans who are either in pre-foreclosure (where they are 90 days or more delinquent on paying their mortgage) or have had

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The Star-Ledger - NJ.com
Foreclosure Expert: The Worst is Yet to Come - Foreclosure filings reach
Shelby Star
Industry group RealtyTrac's year-end report shows a record 2.8 million US properties with foreclosure filings in 2009. It shows 3957643 foreclosure filings
Nevada leads nation in foreclosures, for third consecutive yearNevada Appeal
Dayton-area foreclosures down 14% in '09Bizjournals.com
Record US foreclosures in 2009World Socialist Web Site
PR-USA.net (press release) -CNNMoney.com -Kingsport Times News
all 15 news articles »

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BRIEF: Foreclosures rise in St. Joseph
Trading Markets (press release)
Home foreclosure rates in St. Joseph increased for the month of November over the same period last year, according to First American CoreLogic.
Report: Housing foreclosure woes on the rise across Greater BaltimoreBaltimore Business Journal
CoreLogic shows foreclosures on the riseBizjournals.com
Foreclosures rise in Los Angeles areaDaily Breeze
Memphis Business Journal -Wichita Business Journal -The Birmingham News - al.com (blog)
all 19 news articles »

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Christian Science Monitor
Bank of America: Top Lender's Foreclosure-Help Rate Climbing
eCreditDaily.com
Bank of America, the nation's top mortgage lender, is helping more near-foreclosure homeowners get on the government's mortgage relief program,
US foreclosure assistance increasing, but slowlyWashington Post
Obama Foreclosure Plan Falling Far Short Of TargetsHuffington Post (blog)
Federal mortgage modification plan disappointing so farChristian Science Monitor
Reuters -Los Angeles Times -Wall Street Journal
all 195 news articles »

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The Star-Ledger - NJ.com
Nevada leads nation in foreclosures, for third consecutive year
Nevada Appeal
With more than one in 10 homes in Nevada receiving a foreclosure notice in 2009, the Silver State had the nation's highest foreclosure rate
Dayton-area foreclosures down 14% in '09Bizjournals.com
Record US foreclosures in 2009World Socialist Web Site
Record 3 million households hit with foreclosure in 2009CNNMoney.com
Kingsport Times News -NuWire Investor -Dayton Daily News
all 13 news articles »

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DSNews.com
Few finish modifying mortgages
DesMoinesRegister.com
Wells Fargo initiated or completed three modifications for every foreclosure sale on owner-occupied properties, he said. It also offered the modification
US mortgage aid rises, fails to cut foreclosuresReuters
Treasury Dept. says loan modification picture is improvedLos Angeles Times
Too little mortgage help is on the wayMarketWatch
Wall Street Journal -eCreditDaily.com -FreeRateUpdate.com
all 104 news articles »

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City gets $30 million-plus to aid abandoned, foreclosed homes
Baltimore Sun
Home values significantly increased over the past decade in those areas, but many homeowners recently lost their homes to foreclosure.

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