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Government Foreclosures News

Michael Barone: Government can't spend us out of economic doldrumsSunday, July 17, 2011 @ 1:16AMTwo years ago, in June 2009, the American economy emerged from recession, according to the National Bureau of Economic Research.

JPMorgan liquidating mortgage portfolioSaturday, July 16, 2011 @ 12:10AMJPMorgan Chase is winding down its $154 billion mortgage portfolio to "close to zero" as the bank works through mortgage losses and litigation over loan-servicing and foreclosure practices.

Foreclosure Protesters in Spain's Cities Now Go Door to DoorFriday, July 15, 2011 @ 11:55PMMADRID -- When the police arrived recently to evict María José del Coto Maeso, 53, they found the street in front of her ground-floor apartment crowded with protesters, and they retreated.

Nearly 30 foreclosed homes off market, have new ownersFriday, July 15, 2011 @ 5:35PMNearly 30 foreclosed homes are off the market thanks to the city's participation in a federal program, a Los Banos official said.

Illegal Cash-Back Deals Worsened The Housing Bubble, Drove Up Foreclosures: ReportFriday, July 15, 2011 @ 8:44AMIt’s a tactic that’s been in use for years : Sell a house to someone at an inflated price, but offer the buyer an incentive to take it -- like a few thousand dollars in cash back.

Buffett May Not Net OneMainFriday, July 15, 2011 @ 8:41AMWarren Buffett can't always get what he wants. I was never really sure why he wanted a piece of OneM

Emergency loan program to help 45 pay mortgagesTuesday, July 12, 2011 @ 12:14AMUnemployed homeowners could get $50,000 in help for foreclosed homes

It's neighbor vs. neighborMonday, July 11, 2011 @ 11:29PMThe Inlet House condo complex in Fort Pierce, Fla., was once the kind of place the 55-and-older set aspired to. It was affordable.

Latest Business NewsMonday, July 11, 2011 @ 11:21PMN.M. Bank Regulator Named Cynthia Richards of Albuquerque has been named the new director of the Fin ...