Foreclosure Crisis


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October 09, 2010

Obama Plans To Block Foreclosure Bill

Send by Housing Watch

The House and the Senate have passed a bill that would expand the acceptance of notarizations related to the foreclosure crisis, but Obama will use a pocket [...]
October 15, 2010

The Mortgage Foreclosure Crisis

Send by The New American

Let us be blunt: The mortgage foreclosure crisis, which first burst into full public view with Bank of America's suspension of all foreclosures only a few [...]
October 13, 2010

America's Foreclosure Crisis: What It Means For Your Mortgage

Send by The Week Magazine

The sale of foreclosed homes has helped banks and mortgage-lenders still trying to recover from the housing crisis. Photo: Corbis SEE ALL 16 PHOTOS Bank of [...]
October 09, 2010

"It's Absurd!" Expert Says About BofA Claims To End Foreclosure Crisis Quickly

Send by WSOC Charlotte

CHARLOTTE, NC -- A consumer bankruptcy lawyer said the claims that Bank of America will be able to review its foreclosure proceedings nationwide in just a [...]
October 15, 2010

AFR Statement On The Foreclosure Crisis

Send by PR Newswire (press release)

in the mortgage and foreclosure process reinforces what communities and families have been seeing as they struggle to recover from economic crisis. [...]
October 15, 2010

Foreclosure Crisis May Be A 'Blip': Dimon

Send by TheStreet.com

JPMorgan is currently reviewing roughly 115000 loan files in the foreclosure process and will re-file affidavits where appropriatem -- or even delay [...]
October 12, 2010

Florida Attorney General Joins 39 States Investigating Foreclosure Crisis

Send by Sentinel

joined top regulators from 39 other states in scrutinizng the banks, mortgage companies and loan servicers involved in the widening foreclosure crisis. [...]
October 13, 2010

Obama's Foreclosure Nightmare

Send by Salon

For those who want to get up to speed quickly on the foreclosure crisis, CNBC's John Carney has the best introduction. Once you've digested that, [...]
October 12, 2010

Ohio, Hit Hard By Foreclosure, Now At Epicenter Of Fraud Crisis

Send by The Washington Independent

Ohio — and especially Cleveland — was hit earlier and worse by the foreclosure crisis than other states, due to widespread problems with predatory lending [...]
October 12, 2010

Zacks Analyst Blog Highlights: BAC,JPM,PNC,WFC,C

Send by Zacks.com

In the rush to get out of the foreclosure crisis, have we dug a bigger hole for ourselves? The biggest lenders have already discovered enough paperwork [...]
October 08, 2010

Upcoming: Ways To Deal With The Foreclosure Crisis

Send by NewsHour

That's because we've been producing a series on ways to cope with the foreclosure crisis. It could run as early as next week. One segment involves the Obama [...]
October 16, 2010

Key Questions And Answers To The Foreclosure Crisis

Send by Lansing State Journal

The state has joined 49 others in investigating banks' foreclosure practices amid allegations they evicted people without reading foreclosure documents. [...]
October 16, 2010

Foreclosure Crisis Shakes The Dow, S&P; NASDAQ Boosted By Google

Send by Proactive Investors USA & Cana

Also, fears were widespread about the foreclosure crisis, as many are expecting it to have an effect not only on corporate profits, but also in the credit [...]
October 15, 2010

US Stocks Slide Amid Foreclosure Crisis

Send by Press TV

Shares in the US stock markets have fallen as the home foreclosure crisis continues to affect the financial sector amidst rising unemployment figures. [...]
October 15, 2010

Wake Up And Smell The Foreclosure Crisis

Send by New York Magazine

Despite all the signs of an impending crisis—Bank of America suspended all foreclosures and clearly faces a world of trouble—investors didn't immediately [...]
October 16, 2010

Foreclosure Crisis Could 'paralyze' Housing Market

Send by Globe and Mail

The US foreclosure scandal is fast creating bedlam as home sales dry up in some areas, investors dump bank stocks, and analysts peg the potential fallout at [...]
October 13, 2010

McCollum Seeks Meetings With Lenders To Stave Off Foreclosure Crisis

Send by Tampabay.com

part of a State Foreclosure Prevention Working Group scrutinizing the lenders and loan servicing companies involved in the widening foreclosure crisis. [...]
October 15, 2010

Two Tales Show Bank's Role In Prolonging Mortgage Crisis

Send by McClatchy Washington Bureau

It's why ending the housing crisis remains a slow muddle. "People don't get it that we're not even close to halfway through the foreclosure crisis," warned [...]
October 10, 2010

Government Was Warned About Troubles In Mortgage Servicing

Send by Plain Dealer

Potential flaws in foreclosure documents are threatening to throw the real estate industry into a full-blown crisis, as Bank of America on Friday, Oct. 8, [...]
October 09, 2010

Paperwork Issues May Prolong Foreclosure Crisis

Send by Credit.com News

However, a new issue may worsen and prolong the crisis, according to Bloomberg. Foreclosure proceedings have been halted by major lenders in 23 US states [...]
October 12, 2010

Foreclosure Crisis: Freddie Mac And Fannie Face Huge Losses In Foreclosure ...

Send by All247News

Sanders said a longer freeze would prevent companies from selling off foreclosed homes. Since the financial crisis unfolded, Fannie Mae and Freddie Mac have [...]
October 15, 2010

More On The Foreclosure Crisis, With Some Context

Send by OregonLive.com (blog)

Felix Salmon, a super-sharp economics blogger at Reuters, warns about "The Enormous Mortgage Bond Scandal" that could dwarf the foreclosure crisis, [...]
October 15, 2010

Some Answers To Why The Foreclosure Crisis Has Arisen

Send by Tampabay.com

If you're having trouble following the whole foreclosure crisis, with its robo-signers, faulty paperwork and some banks — at least temporarily — placing a [...]
October 09, 2010

Latest Foreclosure Crisis: Is That Bank Takeover Legal?

Send by Christian Science Monitor

There's evidence that many foreclosures may have been processed with incomplete or improper paperwork. A "bank owned" sign is seen on a home that is listed [...]
October 08, 2010

Freezing Foreclosures? What Does That Mean?

Send by CNNMoney

The foreclosure crisis has entered a new phase, with at least three major banks halting foreclosure proceedings and sales in nearly two dozen states. [...]

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