Foreclosure News

Habitat for Humanity of Charlotte is among the first in the nation to buy homes in troubled neighborhoods rather than build them from scratch.

Long before his death, we heard more about Michael Jackson's financial troubles than his incredible music.

A new law gives Michigan homeowners facing foreclosure a 90-day window to stay in their house and potentially work out a resolution with their lender.

States that allow debt collectors to seize consumers' wages have sharply higher bankruptcy rates than neighboring states that prohibit or strictly limit the practice, an Associated Press analysis has found.

UPDATED 6:30 p.m. - The city of Baltimorea s mortgage-lending discrimination lawsuit against Wells Fargo Bank N.A. may proceed to what will be a a oetime consuming and expensivea discovery process, a federal judge ruled Thursday afternoon.

Your bank wants more of your money, and it's found a way to get it: by jacking up the fees on your account.

Submitted by SHNS on Wed, 07/01/2009 - 15:03. It would seem inconceivable if it didn't happen so often: highly paid celebrities and athletes going broke.

Dr. Tohme Tohme vividly remembers the first time he met with Michael Jackson to discuss the pop star's finances.

Several key mortgage companies that benefited from federal bailout money have yet to sign on to the Obama administration's plan to help more homeowners avoid foreclosure.

It's by far the hottest controversy in real estate this summer, and it could directly affect the value of your house - probably negatively - by tens of thousands of dollars.

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U.S. housing prices will fall by a double-digit percentage from already beaten-down levels, resulting in an overall 40 percent plunge by the time foreclosures peak in the second half of 2010, Barclays Capital economist Michelle Meyer said.

With over 6,500 new foreclosures filed every day in the U.S., Fannie Mae is offering homeowners help to keep their homes.

Can you write .start today Freelance writers needed work from home on computer

Housing and Urban Development Secretary Shaun Donovan is planing to tour Merced neighborhoods with high foreclosure rates Thursday amid appeals for economic disaster aid.

Banks and mortgage lenders are placing top priority on killing President Obama's proposal to create a new consumer protection agency that would regulate home loans, credit card fees, payday loans and other forms of consumer finance.

U.S. mortgage applications fell last week by the most since February, defying efforts by President Barack Obama's administration to revive the housing market.

New Jersey Attorney General Anne Milgram is set to announce mortgage fraud indictments Tuesday as the industry grapples with fallout from the housing market collapse.

There is a clear trend home prices declines are moderating a ' another sign the beleaguered housing market is stabilizing, according to data released Tuesday.

Investors are adding consumer confidence to their growing list of things to worry about.