Foreclosures down across the Bay Area in MarchSan Jose Mercury NewsBy Pete Carey Foreclosures slowed across the Bay Area in March, continuing the downward trend of the past year, a foreclosure tracking company reported Friday. But there's still a lengthy list of homes in the first stages of foreclosure, which begins …Foreclosure Sales Slip In [...]
Los Angeles Times Feds to propose new mortgage-lending rules to help avoid foreclosuresSan Jose Mercury NewsBy Derek Kravitz AP WASHINGTON — The federal government proposed new rules on Tuesday that will give homeowners more ways to avoid foreclosure and get an accurate accounting of their monthly mortgage payments. Congress mandated changes in the rules …US [...]
foreclosures drop in FebruarySan Jose Mercury NewsBy Pete Carey RICHMOND, CA – APRIL 06: A foreclosure sign hangs on a fence in front of a foreclosed home on April 6, 2011 in Richmond, California. The California Housing Finance Agency is expanding its $2 billion foreclosure relief initiative that will …Foreclosure wave looks more like a [...]
ThinkProgress Foreclosure deal a small step for homeowners, a giant leap for housing recoverySan Jose Mercury NewsBut the first step toward reversing the effects of the foreclosure tide that has swept over tens of thousands of homes is to stop the bleeding by calling a halt to the constant increase in the inventory of existing [...]
Foreclosure process will be slow this year, firm predictsSan Jose Mercury NewsBy Pete Carey A foreclosure sign hangs on a fence in front of a foreclosed home on April 6, 2011 in Richmond, California. (Photo by Justin Sullivan/Getty Images) The number of homes entering foreclosure was at a three-year low in the Bay Area in [...]
Foreclosures made up 20 pct. of home sales in 3QSan Jose Mercury NewsBy Alex Veiga AP LOS ANGELES — Foreclosures made up a smaller slice of all US homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed. Despite the decline, foreclosures still represented 20 percent …Foreclosure [...]
Lawmakers urge Obama to act on foreclosure crisisSan Jose Mercury NewsCalifornia Democrats are showing increased irritation with the Obama administration over what they see as inaction to address the large number of home foreclosures here and nationwide. Led by Reps. Anna Eshoo, D-Palo Alto, and Zoe Lofgren, D-San Jose, …Legislators call for action on foreclosuresDaily [...]
Program allows Antioch family to buy back home they lost to foreclosureSan Jose Mercury NewsBy Sean Maher With the help of an Oakland-based company that is buying up hundreds of bank-owned properties in Contra Costa and Solano counties, an Antioch family is the new owner of the same home it lost to foreclosure almost two [...]
Cassidy: Foreclosure's financial devastation is only the beginning of the painSan Jose Mercury News"There are multiple crises going on at once," says Julia Lynch, an associate political science professor at the University of Pennsylvania who's been studying the health effects of foreclosure in recent years. Lynch is among those who have been …and more » View [...]
KRQE Bay Area foreclosure action heads back upSan Jose Mercury NewsThe number of Bay Area homeowners who received a foreclosure notice jumped sharply from July to August in a sign that banks may be pushing through foreclosures that had been delayed because of the so-called "robo-signing" scandal. …New foreclosures surge during August in hardest-hit marketsLos [...]
