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Government House Foreclosures News

The road to U.S. economic recovery? Wednesday, September 8, 2010 @ 4:18AMEven if the Democrats aren't to blame, a Republican victory in November could appease angry voters and pessimistic consumers
NSP program surpasses $9.7 million spending goal Wednesday, September 8, 2010 @ 2:08AMIn April of 2009, the U.S. Department of Housing and Urban Development (HUD) granted the Clayton County Neighborhood Stabilization Program (NSP) $9.7 million, in federal stimulus funds, to purchase, rehabilitate, and resell foreclosed homes within an 18-month time span.
Paterson rushes to keep $1.1 million in federal funds Tuesday, September 7, 2010 @ 9:34PMPaterson officials are scrambling to save almost $1.1 million in unused federal funds before the federal government reclaims the money.
Congressman Sam Farr Tuesday, September 7, 2010 @ 6:54PMLast Year it was protests over health care and overflowing town halls. What's the feeling on the street NOW? What issues are pressing on the Central Coast? This has been an exciting year, there's no question about that. Health care topped the agenda, but it wasn't the only thing that caught the public's attention. The year got started with a continuation of new projects funded by the American ...
Peter Dreier: What Kind of Capitalism? Sunday, September 5, 2010 @ 12:01AMThis Labor Day, America seems to be holding its breath, trying to decide what kind of society it wants to be. Many Americans are wondering...
Readers tell 'Hot Button': Higher taxes for Memphis schools? Sunday, September 5, 2010 @ 12:00AMResponses to our question: If Memphis officials propose an increase in the city property tax rate as part of their plan to pay the $57 million debt to Memphis City Schools, are you prepared to pay the higher taxes?
No Money Down Mortgages, Small Programs, Creep Back Saturday, September 4, 2010 @ 7:45PMFannie Mae is getting back in the market for mortgages with no down payment, available to new home buyers in four states.
Washington is out of touch with Americans Saturday, September 4, 2010 @ 12:22AMI have recently read two articles about our situation in America.
Map: See Dallas-area foreclosures by ZIP code Thursday, September 2, 2010 @ 10:22PMIn the face of continued economic woes, the number of homes seized by lenders in the Dallas-Fort Worth area in the first six months of the year has fallen to the lowest number since 2007. And while any decline in the number of people losing their houses is good news, analysts are unsure what the drop in foreclosures means.
Dallas-Fort Worth home foreclosures in first half fell more than 20% Thursday, September 2, 2010 @ 9:26PMFILE 2009/DMN During the first six months of 2010, lenders foreclosed on just over 8,800 homes in the five-county area, down about 5 percent from the first half of 2009.In the face of continued economic woes, the number of homes seized by lenders in the Dallas-Fort Worth area in the first six months of the year has fallen to the lowest number since 2007. And while any decline in the number of ...
Mortgage Aide Program Gets Mixed Results Thursday, September 2, 2010 @ 9:02PMIf you're struggling to make your mortgage payments, a government program could help. But it requires cooperation from banks and mortgage companies.
New home sales drop 12.4% Thursday, September 2, 2010 @ 11:02AMNew home sales unexpectedly fell in July to the lowest level on record as the housing market continued to suffer from the end of the homebuyer tax credit boost.
I am frightened Monday, August 30, 2010 @ 11:14AMAs I write this, taking a brief late night respite from packing books into boxes, I am just days away from an uncertain future, a Black Tuesday when the Sword of Damocles will, under legal edict, fall upon my head; and, as the ancient Greek and Roman tale of Dionysius and Damocles urges, I invite you to walk a mile in my shoes for a few brief moments. Within a matter of days I am going to become ...
Zen and the Art of Economy Repair Monday, August 30, 2010 @ 12:09AMAccording to an article that appeared in The New York Times, written by Norihiro Kato, the Japanese have gotten good at sloughing off their worldly cares. Japan is no longer the world's number two economy; it was eclipsed this summer by China. But the Japanese are used to slippage.
Lakeland Housing Agency Buying Up Bargain Houses Sunday, August 29, 2010 @ 11:40PMLAKELAND | The city's public housing agency is buying bargain homes in a community next to Lakeland Square mall that's been hit hard by the recession.
Struggling seniors being saddled with 40-year mortgages Friday, August 27, 2010 @ 7:04PMORLANDO, Fla. — Maria Olmo, 63, doesn't like her chances of paying off her new, 40-year mortgage. "I'll die before it's paid off," said Olmo, who got her 30-year mortgage modified because she was at risk of losing her home to foreclosure.
Q&A: Patty Nooney Friday, August 27, 2010 @ 5:06AMWhat started as a summer job for her family-owned business turned into an unexpected career for Patty Nooney.
Foreclosure crisis may rise with continued unemployment Thursday, August 26, 2010 @ 7:08PMForeclosure crisis may rise with continued unemployment
Some struggling homeowners turn to 40-year mortgages Wednesday, August 25, 2010 @ 7:08PMMaria Olmo, 63, doesn't like her chances of paying off her new 40-year mortgage.
Gloomy economic indicators heighten concern about US economic recovery Wednesday, August 25, 2010 @ 7:04PMA PRECIPITOUS drop in sales of new homes and signs of weakening business investment yesterday reinforced rising anxiety about the US economy’s wavering recovery.
Schweikert leads 6-way race in GOP bid for House 5th District Wednesday, August 25, 2010 @ 6:24PMUnofficial results show David Schweikert leading in district that includes Scottsdale and Fountain Hills.
Rader, Benacquisto wins seats for Senate District 27 Wednesday, August 25, 2010 @ 1:44PMDelray Beach insurance agent Kevin Rader won the Democratic primary for State Senate District 27, edging out Fort Myers lawyer Pete Burkert after Palm Beach County votes began trickling in.
Fiddling While the US Economy Burns Monday, August 23, 2010 @ 7:46AMEd itor’s Note: The American Right and its media machine have demonstrated an extraordinary capacity to frame issues to their liking and to focus national attention on fake controversies for political gain. The American Left has almost no similar capability.
Pearl Korn: A Misguided Deficit Commission Monday, August 23, 2010 @ 7:23AMThe Obama Administration's Deficit Commission is at best errant in its mission and at worst a bait-and-switch ploy being run on the American people. The...
Letters to the editor: Aug. 23, 2010 Sunday, August 22, 2010 @ 1:00PMHere are letters to the editor from Daily News editions of Aug. 12, 2010.
Fee ban pitfalls Sunday, August 22, 2010 @ 9:05AMA federal agency is moving to prohibit controversial "private transfer fees" on all mortgages funded by Fannie Mae and Freddie Mac. But its proposed ban may extend to transfer fees routinely collected by community associations across the country -- potentially forcing some of them to raise assessments on thousands of unsuspecting homeowners.
Why we can’t afford more growth Sunday, August 22, 2010 @ 7:14AMJAMES CITY — In a test of its own assertions, the activist group J4C has drilled down on the data to show how rapid residential growth really costs taxpayers.
Business briefs Saturday, August 21, 2010 @ 4:30AMHalf have left U.S. program for mortgages; MotorCity Casino Hotel wins award; Borders Group reveals two new e-readers; Emagine to open two Metro theaters in '10
Ban on transfer fees could hit community associations hard Saturday, August 21, 2010 @ 12:05AMA federal agency is moving to prohibit controversial "private transfer fees" on all mortgages funded by Fannie Mae and Freddie Mac. But its proposed ban...
The Nation's Housing: Fee ban may hold pitfalls Friday, August 20, 2010 @ 11:21PMWASHINGTON Afederal agency is moving to prohibit controversial "private transfer fees" on all mortgages funded by Fannie Mae and Freddie Mac. But its proposed ban may extend to transfer fees routinely collected by community associations across the country -- potentially forcing some of them to raise assessments on thousands of ...
FHFA's proposed ban on private transfer fees could cost homeowners Friday, August 20, 2010 @ 10:27PMA federal agency is moving to prohibit controversial "private transfer fees" on all mortgages funded by Fannie Mae and Freddie Mac. But its proposed ban might extend to transfer fees routinely collected by community associations across the country -- potentially forcing some of them to raise assessments on thousands of unsuspecting homeowners.
FHFA's proposed ban on private transfer fees could cost homeowners Friday, August 20, 2010 @ 3:53PMA federal agency is moving to prohibit controversial "private transfer fees" on all mortgages funded by Fannie Mae and Freddie Mac. But its proposed ban might extend to transfer fees routinely collected by community associations across the country -- potentially forcing some of them to raise asse... Transfer - Politics - Sports - Federal Housing Finance Agency - Contract
FHFA's proposed ban on private transfer fees could cost homeowners Friday, August 20, 2010 @ 2:40PMA federal agency is moving to prohibit controversial "private transfer fees" on all mortgages funded by Fannie Mae and Freddie Mac. But its proposed ban might extend to transfer fees routinely collected by community associations across the country -- potentially forcing some of them to raise asse... Transfer - Federal Housing Finance Agency - Fannie Mae - Politics - Freddie Mac
Trustee-elect Duncan to hire in-house tax attorney Thursday, August 19, 2010 @ 3:07PMTrustee-elect John Duncan III announced Thursday that he plans to hire an in-house tax attorney, saying that will save Knox County taxpayers nearly a million dollars over the course of his four-year term.
North Carolina editorial roundup Thursday, August 19, 2010 @ 6:13AMThere's always been a certain amount of hype, and ambiguity, surrounding the slogan "North Carolina — the most military-friendly state in the nation." Recently, in a welcome development, Gov.
Hotline targets Kingston eyesores (video) Wednesday, August 18, 2010 @ 2:07AMKINGSTON — Fourteen abandoned or foreclosed properties are being targeted for cleanup under the city’s new “Empty House Hotline” program, according to a city official.
Public Media Reporters Offer Read on Housing Market Across U.S. Thursday, August 12, 2010 @ 8:13PMListen to the Audio Foreclosures have gone up 9 percent since June, according to RealtyTrac Inc. But Marketplace's Jeff Horwich says despite the bleak numbers there are signs that foreclosure rates could ease up soon. Public media reporters assess the state of the housing market across the country. JEFFREY BROWN: And we turn to housing, its impact on millions of Americans and the national ...
U.S. jobless claims jump shows labour market ailing Thursday, August 12, 2010 @ 7:12PMThe number of U.S. workers filing new claims for unemployment insurance unexpectedly rose last week to its highest level in close to six months a fresh signal of a weak jobs market.
Jobless claims rise highlights economy's ills Thursday, August 12, 2010 @ 4:10PMThe number of U.S. workers filing new claims for jobless benefits unexpectedly rose last week to the highest level in close to six months, the latest evidence the economy's recovery is faltering.
HUD to award $79 million in grants to reduce foreclosures and help families Thursday, August 5, 2010 @ 11:00PMU.S. Department of Housing and Urban Development Secretary Shaun Donovan announced Thursday that $79 million in federal grants will be made available to reduce foreclosures and assist families looking for housing. United States Department of Housing and Urban Development - United States - Foreclosure - Department of Housing and Urban Development - Government
Hungarians Risk Losing Homes as Swiss Franc Rally Boosts Mortgage Payments Thursday, August 5, 2010 @ 5:28PMMelinda Nagy, a Hungarian special education teacher who knows little about financial markets, has started to lose sleep over exchange rates.
Angle: Democrats Want to 'Make Government Our God' Thursday, August 5, 2010 @ 12:22PMNevada U.S. Senate candidate Sharron Angle sees her campaign as a battle to stop Democrats in Washington who want to expand entitlement programs and "make government our God."
The Housing Market Is On The Cliffs Of Insanity Thursday, August 5, 2010 @ 10:18AM“All truths are easy to understand once they are discovered; the point is to discover them.”- Galileo Galilei The penalties for non-consensus thinking were harsher 400 years ago.
Dems Would 'Make Government Our God,' Angle Says Thursday, August 5, 2010 @ 7:59AMRepublican candidate for Senate from Nevada says her campaign to defeat Senate Majority Leader Harry Reid is "a war of ideology, it's a war of thoughts and of faith." Reid's campaign calls her comments "frightening."
Deserted homes havens for pests Thursday, August 5, 2010 @ 6:50AMLila Rattner and her family have been under siege for the last two years, ever since their neighbors in Ewa vacated a $600,000 house, leaving behind a fully stocked koi pond that has become a mosquito breeding ground.
Angle: Dems want to 'make government our God' Thursday, August 5, 2010 @ 5:20AMU.S. Senate candidate Sharron Angle sees her campaign as a battle to stop Democrats in Washington who want to expand entitlement programs and 'make government our God.'
Maxine Waters’ Greatest Hits: The Business Feuds Monday, August 2, 2010 @ 3:36PMBefore California Congressman Maxine Waters was ensnared in an ethics probe over her ties to the recipient of federal buyout funds, she developed a reputation for taking to the bully pulpit on matters involving Wall Street.
Fed official: Labor force reshaping Saturday, July 31, 2010 @ 6:11PMFed official: Labor force reshaping
The Aftermath Of The Global Housing Bubble Chokes The World Banking System Friday, July 30, 2010 @ 7:18AMSometimes the complexity of the world is a ruse, and seeing the overwhelming future of our fortunes is strangely simple. Our past and future credit crisis is but one case in point.
Interest rates, market pump home sales Friday, July 30, 2010 @ 4:16AMAfter saving for a downpayment for years, Candace and Roman Timokhin finally bought their first home in the Tewes Farm subdivison in Beach Park on June 24. "Renting was not an option for us," Candace said, pointing out that money would be better spent buying and building equity rather than renting -- a view that appears to be shared increasingly by many young buyers.