Upcoming Foreclosures - Government Help With Foreclosures News

Government Help With Foreclosures News

Bankers must be held accountable for their actions Monday, July 18, 2011 @ 3:36PMDon't believe the officials who say we must rush to settle with these wrongdoers for the sake of the economy, writes Paul Krugman.
Holding bankers accountable for their actions Monday, July 18, 2011 @ 1:13PMThe failure to seek real mortgage relief early in the Obama administration is one reason we still have 9 percent unemployment, writes Paul Krugman. The arguments that officials are reportedly making for a quick, bank-friendly settlement of the mortgage-abuse scandal don't make sense.
Sunnyside Grower Suing John Deere Monday, July 18, 2011 @ 11:27AMA lawsuit has been filed in Washington state against John Deere alleging that the equipment maker’s lending unit fraudulently issued $2 billion in senior unsecured debt under the U.S. government’s emergency liquidity program enacted during the financial crisis.
Jean Quan: Strong Neighborhoods Are Safe Neighborhoods Monday, July 18, 2011 @ 10:57AMIn Oakland, California, neighbors are organizing block by block to improve schools and make our communities safer. We're taking the fight for better communities to some of the most difficult neighborhoods -- and we are making progress.
Diocese of Honolulu tackles affordable housing project Saturday, July 16, 2011 @ 6:39AMThe Roman Catholic Diocese of Honolulu is moving forward with its Homeless Affordable Housing Plan, which aims to provide 720 living units for the poor by the end of 2013, spokesman Patrick Downes said.
MMI Offers Homeowners Help in Facing Foreclosure Crisis Thursday, July 14, 2011 @ 1:07PMAs homeowners continue struggling with foreclosures and mortgage defaults, Money Management International , the nation's largest nonprofit, full-service credit counseling agency, is reminding consumers of the many tools and financial education resources available to help fight back against foreclosure and keep their piece of the American Dream.
Threat to American dream of home ownership devastating for minorities Monday, July 11, 2011 @ 12:08PMAs the economic downturn continues to plague employment, education and every other aspect of American living, including housing, it is imperative to note the ongoing loss of wealth in communities of color wrought by the loss of homeownership through foreclosures and loan modification scams.
Federal government to help direct Detroit's rebuilding Friday, July 8, 2011 @ 6:00AMHUD Secretary Shaun Donovan will announce a plan Monday to embed in Detroit officials from at least three federal departments to lend expertise to Mayor Dave Bing's effort to improve the city.
Foreclosure aid revamped Friday, July 8, 2011 @ 12:23AMGov't to ease foreclosure rules for unemployed.
Obama reforms to help out-of-work homeowners Thursday, July 7, 2011 @ 5:47PMMore mortgage relief is on its way for certain out-of-work homeowners with FHA-backed loans.
Stocks, Commodities Rally on U.S. Job Growth; Euro Strengthens Thursday, July 7, 2011 @ 3:46PMStocks rallied, sending U.S. benchmark indexes to two-month highs, and commodities rose as data on jobs and retail sales bolstered optimism in the economy. The euro climbed versus the dollar after the European Central Bank signaled more interest-rate increases.
New Housing Program Is Aimed at the Unemployed Thursday, July 7, 2011 @ 3:09PMAn initiative from the Obama administration is meant to allow eligible homeowners to postpone all or part of their mortgage payments for a year or more.
Defaulted Mortgages Draw Investors Of All Sizes Thursday, July 7, 2011 @ 2:55PMDespite losing billions in mortgage-backed securities in the real estate bust, investors are aiming for profit from defaulted mortgages. They buy these individually or in bundles from lenders and via funds.
Stocks, Commodities Rally on U.S. Job Growth; Euro Recovers Thursday, July 7, 2011 @ 2:45PMStocks rallied, sending the Standard & Poor’s 500 Index to a two-month high, and commodities rose as data on jobs and retail sales bolstered optimism in the economy. The euro climbed versus the dollar after the European Central Bank loosened collateral rules for Portuguese bonds.
Tri-County Housing awarded homeowners loan program funds Thursday, July 7, 2011 @ 12:17PMTri-County Housing & Community Development Corporation announced that it has been selected by NeighborWorks America in conjunction with the U.S. Department of Housing and Urban Development (HUD) to help promote the Emergency Homeowners’ Loan Program (EHLP) in the state of Colorado.
Federal foreclosure seminar set for Jacksonville Thursday, July 7, 2011 @ 11:41AMA free seminar for Florida homeowners behind on their mortgage or at risk of foreclosure is set for 11 a.m. to 7:30 p.m. Wednesday at the Prime Osborn Convention Center at 1000 Water St.
Federal budget cuts affect local businesses, residents Tuesday, July 5, 2011 @ 9:00AMBy Samantha SommerStaff Writer
Canadian dollar closes higher amid strong economic data Monday, July 4, 2011 @ 4:21PMThe Toronto stock market started the second half of the year on a strong note, racking up solid gains based on positive economic data from the U.S. and higher gas and oil prices.
Group pushes nat'l moratorium on demolition to avoid violent incidents Sunday, July 3, 2011 @ 3:42AMA nationwide moratorium on demolition is needed to avoid violent clashes such as the one that took place last Friday at a local community in Davao City where Mayor Sara Duterte-Carpio punched a sheriff for enforcing a wrecking order, a labor group said Sunday.
Gimenez takes oath, then requests union pay cuts Friday, July 1, 2011 @ 12:41PMIn a busy first day in office, new county Mayor Carlos Gimenez was sworn in, met with department heads, sent letters asking for reductions to union leaders, and met the governor during a bill signing at Jackson Memorial Hospital.
Bank of America to Set Aside $14 Billion in Mortgage Deal Wednesday, June 29, 2011 @ 8:40AMThe charge, which will drive the company to a multibillion-dollar loss in the second quarter, is the biggest single settlement tied to the subprime mortgage boom.
Homeowners Get Help Avoiding Foreclosure At S. Fla. Event Friday, June 24, 2011 @ 2:13PMAbout 5,000 homeowners in danger of foreclosure show up to talk to lenders and counselors at the Bank of America Loan Modification Workshop in Miami Beach.
Help home buyers to help the economy Friday, June 24, 2011 @ 1:15AMThere were 48 homes for sale between $200,000 and $400,000 in Portsmouth on Wednesday, according to the Northern New England Real Estate Network's Multiple Listing Service.
Political notebook: DNC outdoes RNC in fund-raising Tuesday, June 21, 2011 @ 3:54AMWASHINGTON — The Democratic National Committee raised $10.5 million in May, outpacing its Republican counterpart for the month and generating more money for a joint fund with President Obama's campaign.
DNC outdoes RNC in fund-raising Tuesday, June 21, 2011 @ 2:00AMWASHINGTON — The Democratic National Committee raised $10.5 million in May, outpacing its Republican counterpart for the month and generating more money for a joint fund with President Obama’s campaign.
Theflyonthewall Unblocked, CoCos, Billing Rules, Jiau Verdict: Compliance Tuesday, June 21, 2011 @ 1:28AMBarclays Plc (BARC) , Bank of America Corp. (BAC) ’s Merrill Lynch and Morgan Stanley can’t use New York law to block Theflyonthewall.com , an online financial news service, from issuing immediate reports about changes in their stock ratings, a federal appeals court ruled.
Fannie Spurs Foreclosure Sales Monday, June 20, 2011 @ 4:15PMFannie Mae is trying to lure foreclosed home buyers with attractive incentives.
Stock index futures signal dip Thursday, June 16, 2011 @ 5:21AMStock index futures pointed to a lower open on Wall Street on Thursday following the previous session's sharp losses, with futures for the S&P 500 down 0.21 percent and Dow Jones futures down 0.24 percent, while Nasdaq 100 futures were up 0.08 percent at 0941 GMT (5:41 a.m. ET).
U.S. stock index futures signal dip; data eyed Thursday, June 16, 2011 @ 5:14AM* U.S. stock index futures pointed to a lower open on WallStreet on Thursday following the previous session's sharplosses, with futures for the S&P 500 down 0.21 percentand Dow Jones futures down 0.24 ...
US builders’ outlook falls amid weakening home sales Thursday, June 16, 2011 @ 1:39AMLocal builders don’t see recovery on the horizon
Former USS Cole commander stumps for open seat Wednesday, June 15, 2011 @ 9:19AMBy Mark Waite For Kirk Lippold, former commander of the USS Cole, the desire to run for the U.S. Congressional seat left vacant by U.S. Rep. Dean Heller came on Sept. 12, 2000 when he ran through the dark of his cabin, grabbed a 9 millimeter pistol and prepared to confront people boarding his ship[...]
Amy Hoak's Home Economics: Why investing in rentals could be a good move Sunday, June 12, 2011 @ 11:12PMAs home prices fall and rents rise, some investors are plunking their money in real estate, chasing the cash flow that comes along with becoming a landlord.
Giordano's strange journey in bankruptcy Saturday, June 11, 2011 @ 2:47PMJohn Apostolou's businesses owe $45.5 million to Fifth Third Bank, and he has been forced to relinquish control of pizza chain he has owned since 1988. His ties with a sovereign citizens group are complicating court proceedings. John Apostolou sits in a cafe at Rush and Superior streets, across from a popular Giordano's pizzeria in the tourist-teeming neighborhood. He would like to be inside the ...
Giordano's strange journey in bankruptcy Saturday, June 11, 2011 @ 2:47PMJohn Apostolou's businesses owe $45.5 million to Fifth Third Bank, and he has been forced to relinquish control of pizza chain he has owned since 1988. His ties with a sovereign citizens group are complicating court proceedings. John Apostolou sits in a cafe at Rush and Superior streets, across from a popular Giordano's pizzeria in the tourist-teeming neighborhood. He would like to be inside the ...
Pandora boosts IPO price; Ally delays debut Friday, June 10, 2011 @ 7:03PMInternet music site Pandora raised the price range of its initial public offering (IPO) Friday by at least a third, not long after Ally Financial was forced to delay its initial public stock offering.
Pandora boosts IPO price; Ally delays debut Friday, June 10, 2011 @ 7:03PMInternet music site Pandora raised the price range of its initial public offering (IPO) Friday by at least a third, not long after Ally Financial was forced to delay its initial public stock offering.
AP Sources: Ally postpones public stock offering Friday, June 10, 2011 @ 3:33PMA six-week stock slump has caused Ally Financial Inc. to delay an initial public stock offering that had been scheduled for late June, two people briefed on the decision said Friday.
AP Sources: Ally postpones public stock offering Friday, June 10, 2011 @ 3:33PMA six-week stock slump has caused Ally Financial Inc. to delay an initial public stock offering that had been scheduled for late June, two people briefed on the decision said Friday.
Press Release / News Friday, June 10, 2011 @ 2:08PMStrong headwinds have driven the U.S. economy into choppy waters. The latest economic reports suggest that the headwinds are not letting up. In fact, there is a chance they could intensify this summer. The debate over raising the federal government’s debt ceiling is but one new concern.
Press Release / News Friday, June 10, 2011 @ 2:08PMStrong headwinds have driven the U.S. economy into choppy waters. The latest economic reports suggest that the headwinds are not letting up. In fact, there is a chance they could intensify this summer. The debate over raising the federal government’s debt ceiling is but one new concern.
Government faults 3 lenders over foreclosure-prevention efforts Friday, June 10, 2011 @ 12:24AMThe U.S. Treasury Department will withhold financial incentives from three of the largest mortgage servicers over failures in foreclosure-prevention programs.
Banks faulted for lack of mortgage aid Friday, June 10, 2011 @ 12:12AMWASHINGTON - The Obama administration is blaming the three largest U.S. mortgage lenders for the failures of its foreclosure-prevention program. It says they've done little to help people at risk of losing their homes.
Conservatives place blame on the poor for being poor Thursday, June 2, 2011 @ 3:47PM(Special to the Trice Edney News Wire from America’s Wire) — When the U.S. Census Bureau recently released its annual report on the economic status of American households, few people were surprised that Black and Hispanic households showed the highest increase in poverty rates.
NEWS offers services 24/7 Thursday, June 2, 2011 @ 2:22AMFrom left: Shea Hunter, Napa Emergency Women’s Services program director; Jennie Thayer, developmental director for NEWS; and NEWS Executive Director Tracy Lamb participated in the “1 in 3 Campaign” during last year’s candlelight vigil, which is held in October.
Bourses across Europe open sharply lower with major indexes down around 1% Thursday, June 2, 2011 @ 2:19AMBourses across Europe open sharply lower with major indexes down around 1%
Changes to the foreclosure-prevention program being administered by Rhode Island Housing approved Tuesday, May 31, 2011 @ 4:44PMProvidence (June 1, 2011) – Rhode Island Housing announced today that the U.S. Treasury has approved the latest changes to the Hardest Hit Fund Rhode Island (HHFRI) foreclosure-prevention program.
Three-Day Event in Minneapolis to Help Struggling Chase Homeowners Tuesday, May 31, 2011 @ 2:54PM--(BUSINESS WIRE)--Chase (NYSE: JPM): WHAT: Three days of meeting with Chase loan advisors to help thousands of struggling homeowners find the best solution for their needs. Homeowners with Chase mortgages can receive the following services at the events: • Initial counseling for homeowners applying for a mortgage modification • Counseling for customers who are current on their mortgage but are ...
GOP Agrees to Debt Vote, Dems Balk- School Rules Swayed by Hedge Funder? Tuesday, May 31, 2011 @ 9:24AM“I don’t think a lot of people outside of Washington – and maybe some of the people here – really understand how hard this is. This may give them some idea.”
Stocks in Europe move higher in early trades; Spain's IBEX 35 index advances over 1% Tuesday, May 31, 2011 @ 2:34AMStocks in Europe move higher in early trades; Spain's IBEX 35 index advances over 1%
Foreclosure Deal, MBIA-Morgan Stanley, Google, JPMorgan in Court News Monday, May 30, 2011 @ 11:29PMU.S. banks and state attorneys general, seeking to avoid $17 billion in court claims over faulty foreclosures, are discussing a settlement framework that may let firms choose from a menu of options for helping borrowers, two people briefed on the talks said.