In Tuesday's paper: Gap between foreclosure fillings, sales closingMonday, July 18, 2011 @ 10:19PMForeclosure filings rose last month and so did the number of bank-owned homes and condominiums sold, offering evidence that home sales in the Rock River Valley are still in a slump. HOW TO READ THE FULL STORY
Life on MERS: Archive is at center of mortgage messMonday, July 18, 2011 @ 6:00PMThis story accompanies a special report on foreclosures which can be seen here:
Peter Boutell, Lending a Hand: Today's mortgage requirements are reasonableSaturday, July 16, 2011 @ 3:52AMSure, compared to just a few years ago, today's qualifications to obtain a mortgage seem strict and unreasonable but a closer look reveals another story.
JPMorgan Chase Profit Jumps Despite Continued Mortgage WoesThursday, July 14, 2011 @ 12:13PMNEW YORK -- JPMorgan Chase, the second-largest U.S. bank by assets, reported a 13 percent jump in profits, to $5.4 billion, as lending continued to slide, fewer borrowers fell behind on their payments and problems with its mortgage practices again dampened earnings.
CONGRESS: Housing bill gains momentum in the U.S. SenateThursday, July 14, 2011 @ 11:04AMWASHINGTON - Underwater homeowners who are up to date with their mortgage payments would more easily be able to refinance the terms of their loans under legislation that appears to be gaining traction in the U.S. Senate.
JPMorgan Lists $2.5 Billion of Costs Tied to Faulty Home LendingThursday, July 14, 2011 @ 9:17AMJPMorgan Chase & Co. listed about $2.5 billion in second-quarter costs tied to cleaning up faulty mortgages and foreclosures as the industry tries to quell concern over lending practices.
Everything is crashing and burning around you: Gaston author takes on financial crisis in 'Black Box Casino'Wednesday, July 13, 2011 @ 5:52PMThis isn’t Truman Capote’s true crime. It’s scarier because we’re all the victims. Robert Stowe England, a product of Gaston County public schools and longtime financial writer, has a real-life thriller headed for bookshelves in September....
Hip-Hop Artists Drop Defaults, Foreclosure KnowledgeWednesday, July 13, 2011 @ 5:35PMWith the news that singer R. Kelly is facing foreclosure, Developments looked at what hip-hop artists have to say about the housing crisis and ones obligations vis-à-vis private property.
Attorneys say flaws mar new isle foreclosure lawWednesday, July 13, 2011 @ 6:50AMAn increasing number of Hawaii attorneys representing mortgage lenders are saying that a new state law intended to help homeowners avoid foreclosure has too many flaws and will go unused.