Foreclosure News

In California, about 130,000 homeowners have been enrolled in the "Making Home Affordable" loan modification plan, which President Barack Obama unveiled in February.

Beazer Homes USA said Tuesday it posted a fourth-quarter profit despite a plunge in revenue, thanks to a large gain on the prepayment of debt.

Economy It's tougher than ever to be a jobless American Donald Schenk, at his home in Schaumburg, Ill., has been out of work for more than a year.

Year-over-year home values in the United States declined for the 11th consecutive quarter, falling 6.9 percent to a Zillow Home Value Index of $190,400. However, the rate of year-over-year decline shrank for the third quarter in a row, meaning home values did not decline as dramatically year-over-year in the third quarter as they did in the second ...

Four New York City homeowners have filed a lawsuit charging they were denied access to a federal home-refinancing program.

The state is suing two central Florida companies for allegedly scamming homeowners trying to rescue their properties from foreclosure.

Fannie Mae , the mortgage-finance company under federal control, said it will seek $15 billion in U.S. Treasury aid and sell $2.6 billion in unused tax credits after posting its ninth straight quarterly loss.

While foreclosure numbers are still low here compared to harder-hit Boston neighborhoods - and actual foreclosures are likely to be down in 2009 - mortgage payments apparently continue to be a struggle for a significant number of Jamaica Plain residential property owners.

Experts will provide homeowners with step-by-step instructions on what they can do to avert losing their homes.

Foreclosure rates in Salem have increased for the month of September over the same period last year, according to First American CoreLogic, the leading collector of national, state and local data on home prices, foreclosure and delinquency activity, real estate sales volume and mortgage loan activity.

Foreclosure rates in Elmira have increased for the month of September over the same period last year, according to First American CoreLogic.

A new Habitat for Humanity house for a family of three in Cape Coral was renovated in three days by 25 contractors and more than 100 people.

Twenty-five people have donated about $4,500 to a local man who was released from prison last month after a judge overturned his attempted murder conviction.

After spending more than a year in suspended animation, the commercial real estate industry is expected to hit bottom in 2010 with a thud.

Wall Street is doing to America what private equity firms did to Simmons Bedding and many other productive companies.

He's scrambled to close on a home in Laurel Lakes, hoping to take advantage of an $8,000 federal tax credit.

A large cloud of confusion has hit consumers trying to make sense of the government's billion-dollar bailout of mortgage guarantors Fannie Mae and Freddie Mac.

Americans have more than triple the debt they had in 1982, and less than half the savings.

The slump in U.S. housing prices is unlikely to end before the middle of next year, and data showing values are rising is misleading, according to Pacific Investment Management Co.

Boston Herald General Economics Reporter Jay Fitzgerald has been a journalist and blogger for years.