Government Help With Foreclosures News
- 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.
- Foreclosure Protesters in Spain’s Cities Now Go Door to Door Thursday, July 14, 2011 @ 7:56PMYoung people battling Spain’s harsh foreclosure system have moved their protests from city squares to individual homes, securing some promised changes in the process.
- CONGRESS: Housing bill gains momentum in the U.S. Senate Thursday, 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 Lending Thursday, 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.
- Abilene Reporter-News: Morning state, national, international headlines, July 14 Thursday, July 14, 2011 @ 8:49AMWASHINGTON Amid new warnings and fresh signs of strain, President Barack Obama and congressional leaders are entering a perilous debt-limit endgame. The president, declaring "enough is enough," is demanding that budget negotiators find common ground by week's end even as the Senate's top Republican gained followers for his own last-ditch scheme to avoid a government default. By Jim Kuhnhenn.
- Federal government to help direct Detroit's rebuilding Friday, July 8, 2011 @ 5:08AMU.S. Housing and Urban Development 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, according to three knowledgeable sources.
- Feds give unemployed a break on foreclosures Friday, July 8, 2011 @ 4:04AMWASHINGTON — The Obama administration is making it easier for out-of-work homeowners to stay in their homes as it tries to revamp its signature but troubled foreclosure-prevention program. Starting Aug.
- The politics of default Friday, July 8, 2011 @ 3:44AMWe were one of few who defended the euro when many pundits predicted parity to the US dollar in the spring of 2010, when Greek debt issues first came to the fore. Since then, Old Europe's currency has had a dramatic comeback, although not without significant jitters along the way.
- Federal Housing Administration eases foreclosures rules for unemployed Friday, July 8, 2011 @ 2:23AMThe Obama administration is making it easier for out-of-work homeowners to stay in their homes, as it tries to revamp its troubled foreclosure-prevention program.
- Foreclosure aid revamped Friday, July 8, 2011 @ 12:23AMGov't to ease foreclosure rules for unemployed.
- 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.
- Homebuyer reality check: It's a buyer's market Tuesday, July 5, 2011 @ 1:23PMWhy are so few people buying houses? One of the key reasons is falling prices.
- Titles to help homeowners, buyers Monday, July 4, 2011 @ 9:09AMBuying a home can be daunting. Selling in this market #8211; even tougher.
- 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.
- SCAP turns over documents to Modesto Friday, July 1, 2011 @ 2:34AMA troubled nonprofit agency has turned over some records requested by the city and agreed to cooperate with an audit of its federally funded housing projects, a Modesto official said Thursday.
- Home-Buying Help Offered in Stamford Monday, June 27, 2011 @ 11:22PMVaughn Irons explains how the "Get Home Now!" program will benefit potential home buyers.
- The invisible (unemployed) have their say Sunday, June 26, 2011 @ 3:55PMThey have voices. It's just that people like me rarely give them their say and the politicians we elect don't listen to them when we do. The last time I let one of them tell her story was seven years ago, when an anonymous Valley woman, her voice cracking, left a message on my answering machine that began: “I'm wondering, has anybody noticed in America all of us that are unemployed? I'm 43 years ...
- 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.
- James D. Brown: Sure, you can bash Obama and lock up corporate CEOs, but major government, banking reform imperative Thursday, June 23, 2011 @ 11:00PMMuch has been written placing blame, advancing political agendas and pointing out the monumental challenges this country faces.
- Council sets July 5 vote on city plan Tuesday, June 21, 2011 @ 4:51PMTUPELO - The City Council will vote on the Tupelo Neighborhood Reinvestment Plan on July 5. Council members on Monday said it's time to end discussions on the $15.7 million proposal, which they have debated since its unveiling in March.
- How to Fix the Dire Housing Numbers Tuesday, June 21, 2011 @ 3:55PMHere are three things the government could do to boost the housing market
- Many Cities Face a Long Wait for Jobs to Return Saturday, June 18, 2011 @ 11:14PMNearly 50 metropolitan regions are unlikely to bring back all the jobs lost in the recession until after 2020, according to a report to be released Monday.
- Mitt Romney in Tampa hits Obama's economic policies Thursday, June 16, 2011 @ 4:29PMMitt Romney chatted with unemployed Tampa Bay area residents during a stop at a downtown Tampa coffee shop, and blamed their problems on President Barack Obama .
- 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 ...
- 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.
- ‘Right Angle’: Sharron Angle in her own words Friday, June 10, 2011 @ 8:31AMSharron Angle, Republican Nevada state legislator and leading voice of the Tea Party movement, shares her thoughts and convictions in “Right Angle” and lays out her beliefs for the best way forward for America. Read an excerpt.
- 3 lenders lose incentives to modify mortgages Thursday, June 9, 2011 @ 11:09PMThe 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.
- Michigan fights to fend off foreclosures Thursday, June 9, 2011 @ 10:35PMALPENA - State and local officials are teaming with financial institutions and Michigan State Housing Development Authority to help struggling homeowners stave off foreclosure in a statewide effort to restore Michigan's economy.
- Washoe County Releases Budget Deficit Info Thursday, June 9, 2011 @ 9:18PMWashoe County says it'll add $4.5-$5 million to their deficit this year and next to make up for the state budget.
- Gov't Faults 3 Lenders Over Mortgage-Aid Efforts Thursday, June 9, 2011 @ 6:17PMWASHINGTON (AP) – The Obama administration is blaming the three largest U.S. mortgage lenders for the failures of its foreclosure-prevention pro...
- Americans' equity in their homes near a record low Thursday, June 9, 2011 @ 5:30PMFalling real estate prices are eating away at home equity. The percentage of their homes that Americans own is near its lowest point since World War II, the Federal Reserve said Thursday. The average homeowner now has 38 percent equity, down from 61 percent a decade ago. The latest bleak snapshot of the housing market came as mortgage rates hit a new a low for the year, falling below 4.5 ...
- Feds fault lenders for loan-mod failures Thursday, June 9, 2011 @ 5:27PMTreasury: BofA, Chase and Wells have not done enough
- Sinking prices taking a big bite out of home equity; average American now owns just 38 percent Thursday, June 9, 2011 @ 4:06PMWASHINGTON — Falling real estate prices are eating away at home equity. The percentage of their homes that Americans own is near its lowest point since World War II, the Federal Reserve said Thursday. The average homeowner now has 38 percent equity, down from 61 percent a decade ago. The latest bleak snapshot of the housing market came as mortgage rates hit a new a low for the year, falling ...
- Do you have to pay your mortgage if your house is destroyed? Thursday, June 9, 2011 @ 2:45PMThe federal government has declared more than 30 official natural disaster areas so far in 2011, and it is only June. The latest area declared was in Joplin, Mo., after a category F5 tornado
- Nearly half of Inland Empire houses are still 'underwater' Thursday, June 9, 2011 @ 12:39AMNearly half of the Inland Empire's home mortgages were "underwater" - with more owed to lenders than the property is currently worth - as of the end of March.
- More hiring, fewer bankruptcies help; Buffalo County fourth least-stressed county in U.S. Tuesday, June 7, 2011 @ 5:39PMThe nation’s economic stress fell to a two-year low in April, thanks to the strongest private-sector hiring in five years and a dip in bankruptcy filings, according to The Associated Press’ monthly an
- Goldman Sachs to Sell Litton to Ocwen for $264 Million Cash Monday, June 6, 2011 @ 11:32AMGoldman Sachs Group Inc. agreed to sell Litton Loan Servicing LP to Ocwen Financial Corp. for $263.7 million in cash, ending the New York-based bank’s 3-1/2 year experiment in processing home-loan payments.
- White House says it needs to deal with housing problems as deadline to raise debt ceiling looms Sunday, June 5, 2011 @ 8:47PMThe struggling U.S. housing sector will not stop the country's economic recovery but the Obama administration needs to deal with problems in the market, a top White House economic adviser said on Sunday.
- MEMBER CENTER: Sunday, June 5, 2011 @ 1:13PMThe Roundtable is where editors and experts meet to discuss key issues facing the global transportation and logistics community, from the highways to the high seas. It's an open forum, and you can comment on posts.
- White House says needs to deal with housing problems Sunday, June 5, 2011 @ 10:56AMWASHINGTON (Reuters) - The struggling housing sector will not stop the country's economic recovery but the Obama administration needs to deal with problems in the market, a top White House economic adviser said on Sunday.
- Nation and world briefs Thursday, June 2, 2011 @ 11:05AMJOPLIN, Mo. #8212; Everyone reported missing since last week's massive tornado in Joplin has been accounted for, and at least 134 people have been confirmed killed, officials said Wednesday.
- Outside View: Faltering recovery casts shadow on jobs outlook Thursday, June 2, 2011 @ 5:55AMBy PETER MORICI UPI Outside View Commentator COLLEGE PARK, Md., June 2 (UPI) -- U.S. job growth remains too weak and the country's economy is in danger of slipping into a second recession.
- Kramer Law: Wall Street Journal Reports on Latest Consent Orders for Banking Giants Thursday, June 2, 2011 @ 2:48AMKramer Kaslow: New government regulation reached between regulators and banks (PRWeb June 02, 2011) Read the full story at http://www.prweb.com/releases/2011/6/prweb8516004.htm
- 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%
- Mayoral Candidates at a glance Thursday, June 2, 2011 @ 1:11AMJonathan Rothschild Democrat
- Wells Fargo to Help Ohio Customers Facing Mortgage Payment Challenges Wednesday, June 1, 2011 @ 12:41PMWells Fargo Company (NYSE:WFC) announced today it is hosting a free ...
- 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 ...