Government Help With Foreclosures News
- Food stamps fail to last the month Sunday, September 5, 2010 @ 5:23AMMost people survive with trips to pantries as they run out of food stamps around the third week of the month. | Photos:
- Labor Day arrives with pressing need for unity Sunday, September 5, 2010 @ 4:50AMAs Americans celebrate Labor Day this weekend, it's clear that there's not nearly enough labor to celebrate - and the situation may be worsening. Friday's jobs report from the U.S. Labor Department puts the exclamation point on that observation.
- The Goldsmiths, Part CLVII Thursday, September 2, 2010 @ 10:15PMThe privately owned US Federal Reserve Banking system held its annual Monetary Symposium at the fat cat resort at Jackson Hole, Wyoming in late August 2010. Since that event, the financial news wires have been ablaze with statements, procrastinations, predictions and assessments from this conference attempting to evaluate what was said about the US economy and what the Fed would do about it ...
- Home foreclosures spike in July Wednesday, September 1, 2010 @ 4:53PMThe summer is coming to a close with a jump in foreclosures in Prince George’s County, according to data released by RealtyTrac. The California-based foreclosure tracking company found the county recorded more than 2,000 foreclosures in July, which is the most recent number to be released.
- Government Should Encourage Foreclosures Wednesday, September 1, 2010 @ 4:06PMDo falling home sales mean more Washington stimulus?
- Jim Wallis: The War in Iraq: At What Cost? Wednesday, September 1, 2010 @ 3:02PMThe president asked the nation to "turn the page" last night. But what makes me so sad this morning is the enormous human cost of the war in Iraq; and how a massive number of people and families -- in America and Iraq -- have had their lives ended or changed forever because of this war and will have a hard time turning the page. So was the war in Iraq worth the enormous human cost?
- Virg Bernero campaigns for governor bid in Battle Creek Wednesday, September 1, 2010 @ 11:47AMBATTLE CREEK - The two mayors who want to become Michigan's top elected officials brought their campaign to Battle Creek on Tuesday.
- Rep. John Conyers: My Letter to Secretary Geithner: Fannie Mae Must Stop Bankrolling Lawsuits Against Underwater ... Wednesday, September 1, 2010 @ 11:17AMOne of the most underreported stories of the recent global financial meltdown was the role played in the crisis by housing giants Fannie Mae and...
- Cali Mortgage Modifications Face Another Hurdle Wednesday, September 1, 2010 @ 9:58AMCalifornia lawmakers rejected a law that would have allowed homeowners to sue banks over mortgage modification options.
- Tom Zokaei Joins Prudential's La Jolla office Tuesday, August 31, 2010 @ 2:06PMTom Zokaei has joined Prudential California Realty's La Jolla office, said Nicki Marcellino, who manages the office. A real estate veteran with a background that spans more than 14 years, Zokaei was the owner and manager of Golden State Realty and Financial before he joined Prudential. His diverse experience in the real estate industry encompasses a variety of angles, from short sales and ...
- U.S. Federal Reserve Meeting Minutes for August 10 (Text) Tuesday, August 31, 2010 @ 1:22PMFollowing are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on August 10.
- August Fed Minutes Show Interest In Doing More To Stimulate, Fears Of "Disinflation" Tuesday, August 31, 2010 @ 1:18PMWe'll publish the complete Fed minutes once they're published on the Fed site, but based on CNBC's report, it sounds like a notable number of Fed governors expressed interest in doing more to stimulate.
- Canada reports square off over housing bubble risk Tuesday, August 31, 2010 @ 12:11PMCanada reports square off over housing bubble risk
- Housing quagmire: Is it time to remove relief? Tuesday, August 31, 2010 @ 11:44AMFor the growing number of struggling homeowners in this country, more help is on the way. Additional aid from the federal government will begin making its way to them next month -- one program would help qualified homeowners refinance their mortgages after seeing their property values fall below the amount they owe, and the other includes another round of funding to help the unemployed or ...
- Canada reports square off over housing bubble risk Tuesday, August 31, 2010 @ 11:34AMHousing starts in Canada should rise moderately this year, the federal housing agency said on Tuesday, while two research groups published reports to revive talk of a housing bubble but arrived at different conclusions.
- Home Prices Rise in June, But... Tuesday, August 31, 2010 @ 11:30AMThe Case Schiller numbers are the gold standard for tracking housing prices, but it is very tardy data.
- Hurricane Katrina: The Work Continues Tuesday, August 31, 2010 @ 9:31AMOver the past week, we’ve been remembering the tragedy of Hurricane Katrina, highlighting the progress made, and restating the Administration’s commitment to the region. This past weekend, several members of the Cabinet, the First Lady and President Obama traveled to the Gulf Coast, where the President spoke about the stories of communities and families working to restore what was lost. Watch ...
- Obama Administration Plans Mortgage Aid, Donovan Says Tuesday, August 31, 2010 @ 9:18AMThe Obama administration plans to set up an emergency loan program for the unemployed and a government mortgage refinancing effort in the next few weeks to help homeowners after home sales dropped in July, Housing and Urban Development Secretary Shaun Donovan said.
- Instant View: Q2 GDP growth revised down to 1.6 percent Monday, August 30, 2010 @ 9:39AMU.S. economic growth slowed more sharply than initially thought in the second quarter held back by the largest increase in imports in 26 years.
- Data: Search Wisconsin teacher, administrator salaries Monday, August 30, 2010 @ 7:48AMThe Post-Crescent has compiled databases on a variety of topics. Click on the headline to view several featured databases.
- More Ohio homeowners paying late or in foreclosure Friday, August 27, 2010 @ 12:09AMBLADE STAFF AND NEWS SERVICES A greater share of Ohio borrowers were late in making home loan payments or were in foreclosure in the spring compared to last winter, a new study shows. The same study also found nearly 1 of every six mortgages in Michigan was delinquent or in foreclosure in the second quarter, though that was down slightly from the first quarter. The Mortgage Bankers Association ...
- Obama beat: no shortage of commentary Wednesday, August 25, 2010 @ 6:57PMA weekly gleaning of news reports about President Obama's vacation: Where he will stay, what he will do, and references to the Island (described as tony, chic and haven of the rich and powerful didn't you know?) and Islanders that may surprise some.
- On the Road from Recovery to Revitalization Wednesday, August 25, 2010 @ 3:46PMFive years ago, one of the most destructive natural disasters in our nation’s history hit the Gulf Coast. When they hit the coasts of Louisiana and Mississippi, Hurricanes Katrina and Rita took thousands of lives, displaced millions of residents, wiped out hundreds of square miles of coastal land, and inflicted major damage to nearly 300,000 homes. A half-decade later, Gulf Coast residents ...
- Housing's a wreck. Builders rally. Huh? Wednesday, August 25, 2010 @ 11:44AMStop me if you've heard this before. The housing market is still in shambles.
- Analysis Brief Wednesday, August 25, 2010 @ 11:35AMA "For Sale-Bank Owned" sign sits in front of a home in Pontiac, Michigan. (Reuters/Rebecca Cook)
- Danny Schechter: Hard Times Are Getting Harder, Left Is Silent Wednesday, August 25, 2010 @ 11:11AMAren't job losses and foreclosures as important as a "Ground Zero Mosque" that isn't a mosque, hasn't been built, and isn't even at Ground Zero?
- Group sinks more than $2 million into new ads attacking Democrats for supporting 'ObamaCare' Wednesday, August 25, 2010 @ 10:55AMFRANKFORT, Ky. - A political group affiliated with former top Republican Party officials is airing TV ads in Kentucky, Pennsylvania and California targeting Democratic U.S. Senate candidates for supporting what the group disparagingly calls "ObamaCare."
- Job Losses May Sink Housing Wednesday, August 25, 2010 @ 9:29AMPat Lashinsky knows what’s preventing his U.S. real-estate brokerage firm from attracting more customers. He also knows there is little he can personally do to make it right.
- Program offers relief to struggling homeowners, including grants to 4,000 in Wisconsin Monday, August 23, 2010 @ 4:27AMWASHINGTON Perhaps it was the phone call to her congressman that finally secured the payment reduction Green Bay homeowner Michele Beyer had been seeking to ward off foreclosure.
- Daily Briefing Saturday, August 21, 2010 @ 4:14AMToday's business news in brief
- Small lenders are offering help via Hardest Hit Fund Saturday, August 21, 2010 @ 2:40AMVeronica Davis, 51, of Detroit lost her full-time job in June and is making ends meet with a part-time job and a monthly check of $267 from Michigan's Hardest Hit Fund. She's one of the first homeowners to receive help from the federal fund that started July 12.
- Mortgage-aid program declining Saturday, August 21, 2010 @ 2:09AMProgram was supposed to help homeowners by lowering mortgage payments; nearly 50 percent of those enrolled have fallen out.
- Opportunists Pounce Amid Mortgage Mess Thursday, August 19, 2010 @ 9:29AMWhile banks and regulators have frittered away precious time, others have sensed opportunity in the rubble of the housing market.
- Los Angeles Times: Do more for Pakistan Thursday, August 19, 2010 @ 3:28AMSomehow it's easier to grasp a tragedy such as the earthquake that leveled the capital of Haiti
- Home loan defaults persist in Myrtle Beach area Friday, August 13, 2010 @ 8:58PMIf the latest numbers are an indication, the foreclosure problem along the Grand Strand is not going away.
- Randy Parraz: AZ-SEN: How to Beat John McCain Friday, August 13, 2010 @ 2:40PMJoblessness, not immigrants, is causing unemployment. Goldman Sachs received billions in government subsidies, but isn't lending to the small businesses that are the life-blood of job creation.
- U.S. foreclosures in July at near record pace Thursday, August 12, 2010 @ 8:39PMMore Americans fell into foreclosure in July as a sour job market kept them from making mortgage payments and banks took over homes at a near record pace.
- Jobless Homeowners Get Aid Thursday, August 12, 2010 @ 5:23PMGeorgia will receive $127 million from the federal government to aid jobless homeowners. The Obama administration announced Wednesday that it will send $2 billion to the states with the worst job markets. read more
- Fear of Not Flying Thursday, August 12, 2010 @ 4:17PMFor the first time in six years, Japanese authorities drew one step closer to halting the seemingly endless gains in the yen via Finance Minister Noda’s cryptic message that his government will take ‘appropriate’ action with regard to the currency.
- Georgia Will Receive $127M in Housing Aid Thursday, August 12, 2010 @ 3:53PMGeorgia will receive $127 million dollars from the federal government to aid jobless homeowners. The Obama administration announced Wednesday that it will send $2 billion dollars to the states with the worst job markets. read more
- New Humane Society Could Help With Animal Over-Population Thursday, August 12, 2010 @ 3:22PMPolice are excited to work with a new humane society in Monroe County.
- 2 Top Economists Differ Sharply on Risk of Deflation Friday, August 6, 2010 @ 6:41AMJan Hatzius of Goldman Sachs and Richard Berner of Morgan Stanley both predicted the recent downturn, but they travel separate roads on deflation.
- Goldman vs. Morgan Stanley: A Duel of 2 Economists Thursday, August 5, 2010 @ 3:57PMWhen the latest unemployment figures are announced on Friday, all of Wall Street will be watching. But for Richard Berner of Morgan Stanley and Jan Hatzius of Goldman Sachs , the results will be more than just another marker in an avalanche of data.
- 18,500 Ohioans to get foreclosure relief as feds approve $172 million in aid for state Thursday, August 5, 2010 @ 11:27AMAug. 05--Starting next month, 18,500 unemployed and underemployed Ohio homeowners will benefit from $172 million in federal foreclosure prevention funding, or up to $15,000 per household.
- Local homebuilding slows again in July; foreclosures decline Monday, August 2, 2010 @ 2:09PMThe pace of local homebuilding fell in July, the second straight monthly decline after a year of gains. Single-family homebuilding permits in El Paso County, which measure construction activity, totaled 110 last month, a 5.2 percent decrease from 116...
- County board features races from top to bottom Monday, August 2, 2010 @ 12:05PMSHIAWASSEE COUNTY — The race for the Shiawassee County Board of Commissioners is an wide open as its been in years.
- David Coates: The Foreclosure Crisis That Will Not Go Away Monday, August 2, 2010 @ 11:52AMWhy is the ongoing housing crisis being allowed to happen? Is anyone in the White House awake on this issue? Tim Geithner and Larry Summers may not get it, but somebody needs to.
- Candidates in 3 states make final pitches before Aug. 3 primary (The Starting Point) Monday, August 2, 2010 @ 8:35AMThe Starting Point - The Starting Point is a preview of the stories we expect to cover today and a snapshot of the news that occurred overnight.
- Data: Search Wisconsin teacher, administrator salaries Monday, August 2, 2010 @ 7:43AMThe Post-Crescent has compiled databases on a variety of topics. Click on the headline to view several featured databases.
- Homeowner learns the hard way in mortgage fight Sunday, August 1, 2010 @ 4:02AMKathy Markwalder had hope for tangible change when President Barack Obama rolled out federal programs to help hardship homeowners avoid foreclosure. The single mother of two from Rensselaer applied for a modification of her mortgage loan through Chase Home Finance to help lower her monthly payment and interest rate. In early 2009, Markwalder learned her work hours as an adjunct professor would ...