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  • State says city can get foreclosure aid Friday, November 21, 2008 @ 2:04AMMerced County and its cities are eligible for up to $7 million to buy up foreclosed homes and demolish ones that have become eyesores, the state announced last Friday.
  • Housing money headed to midstate Thursday, November 20, 2008 @ 11:16PMMacon and Bibb County are in line for more than $4 million in federal funding to fight the effects of foreclosures, and other Middle Georgia counties likely will split hundreds of thousands more from a federal response to the mortgage crisis.
  • Regions Program Helps Keep Residential Mortgage Foreclosures Low Thursday, November 20, 2008 @ 2:58PM BIRMINGHAM, Ala.----Regions Financial Corporation today announced that it has reached out to over 103,000 residential first mortgage and home equity customers in the first year of its program to help customers avoid hardship.
  • Anoka County receives foreclosure-relief funds Thursday, November 20, 2008 @ 8:29AMAnoka County expects to receive $2.7 million from a pool of funds recently awarded to the State of Minnesota by the U.S. Department of Housing and Urban Development (HUD) for foreclosure assistance, according to a recent press release from the county.
  • More lenders offer mortgage relief programs Thursday, November 20, 2008 @ 7:21AMWith no end to the foreclosure epidemic in sight, mortgage lenders have begun to do something they previously resisted: rewriting the terms of mortgage loans.
  • FHA-Backed Loans: The New Subprime Wednesday, November 19, 2008 @ 11:15PM
  • $12 Million in Foreclosure Relief Headed to Memphis Wednesday, November 19, 2008 @ 8:55PMMemphis has the highest foreclosure rate in Tennessee and one of the highest in the nation. The ten areas in the city with the highest foreclosure rates are targeted to receive the money.
  • Mortgage aid falls short, Bush admin official says (2:19 p.m.) Wednesday, November 19, 2008 @ 6:17PM WASHINGTON (AP) — Two government programs designed to help hundreds of thousands of delinquent borrowers avoid foreclosure are having negligible effects, a top Bush administration official acknowledged today.
  • Housing official: Mortgage aid falls short, program changes coming Wednesday, November 19, 2008 @ 6:16PMTwo government programs designed to help hundreds of thousands of delinquent borrowers avoid foreclosure are having negligible effects, a top Bush administration official acknowledged Wednesday. One program will be revamped immediately, and the other possibly in the near future.
  • HUD expands mortgage modification program Wednesday, November 19, 2008 @ 2:48PMThe federal government announces plans to modify a program to make it easier for troubled homeowners to exchange problematic mortgages for more inexpensive ones.
  • Louisiana Business News: Brain Drain, Secretary Clinton, Lieberman Keeps Seat, Housing Clash Wednesday, November 19, 2008 @ 8:51AMNovember 18, 2008
  • HUD Gives Money To Local Agencies Friday, November 14, 2008 @ 4:12PMMore than 3,500 homeowners are expected to lose their homes to foreclosure this year in New Hampshire, according to the Department of Housing and Urban Development.
  • Magnolia area foreclosures offer a good buy Friday, November 14, 2008 @ 3:44AMRosalia Villarreal needed to reduce her mortgage payment. Even working multiple jobs to fill her family’s needs, the divorced mother of three was nearing foreclosure on her home in Clear Creek Forest. In January she talked to Michele Williams of Keller Williams of Magnolia and decided to look for another home.
  • City applying for $3 million in funds for revitalization Friday, November 14, 2008 @ 12:59AMLORAIN — The city of Lorain is poised to receive more than $3 million in federal funds to help combat the foreclosure crisis, and officials are now prepared to present their plans for the money.
  • City Council Briefs Friday, November 14, 2008 @ 12:35AMPrompted by a new California state law that prohibits traditional disposal of medical needles, the Elk Grove City Council on Wednesday passed, in a 3-2 vote, a measure that will assist the nearly 3,700 residents dispose of their hazardous material through the city’s waste services.
  • Lorain to spend funds on blighted buildings Friday, November 14, 2008 @ 12:25AMLORAIN — The city wants to focus  more than $3 million in federal funding on rehabilitating or demolishing blighted structures throughout the older areas of Lorain. Ohio cities hard-hit by foreclosures learned in September that the U.S. Department of Housing and Urban Development would dole out more than $258 million to improve run-down areas. Lorain’s take [...]
  • City Outlines HUD Money Spending Plan Thursday, November 13, 2008 @ 10:04AM(EVANSVILLE, IN) – Mayor Jonathan Weinzapfel is announcing today how the City intends to spend $3,605,204 allocated from the federal Neighborhood Stabilization Program (NSP) for the purpose of redeveloping abandoned and foreclosed homes.
  • HUD updates its loan process Thursday, November 13, 2008 @ 5:09AMThe Department of Housing and Urban Development yesterday announced reforms to help consumers find low-cost home loans and avoid excessive fees. In updating the Real Estate Settlement Procedures Act, HUD will require lenders and mortgage brokers to provide consumers with a good-faith estimate that discloses key loan terms and closing costs.
  • U.S. to simplify mortgage disclosure rules Wednesday, November 12, 2008 @ 9:35AMProspective home buyers would get a simpler way to understand often-confusing mortgage terms under new rules by the federal government.
  • Cobb to buy, fix up foreclosed hous Tuesday, November 11, 2008 @ 11:23PMMARIETTA - Cobb Commissioners agreed Tuesday to use federal money to buy and fix up foreclosed homes primarily in the southern part of the county.
  • York pursues blight funds Sunday, November 9, 2008 @ 9:14PMYork officials are still chasing federal money to fight blight, but now they have to go to the state.
  • Curtis Black: Ideas for Obama Friday, November 7, 2008 @ 3:17PMPresident-elect Barack Obama now faces tremendous challenges, and local advocates -- many of whom have worked with Obama over the years -- offer a range of ideas on how to move forward.
  • City eyes real estate world Friday, November 7, 2008 @ 10:03AMBranson city officials on Thursday gave the go-ahead to write a request to the U.S. Department of Housing and Urban Development for grant money to help purchase specific foreclosure properties in town.
  • Magnolia area foreclosures offer a good buy Tuesday, November 4, 2008 @ 5:31PMRosalia Villarreal needed to reduce her mortgage payment. Even working multiple jobs to fill her family’s needs, the divorced mother of three was nearing foreclosure on her home in Clear Creek Forest. In January she talked to Michele Williams of Keller Williams of Magnolia and decided to look for another home.
  • Elgin eyes foreclosure funds Tuesday, November 4, 2008 @ 12:06AMElgin officials are expected Wednesday to discuss applying for more than $2 million in federal funding to help purchase and redevelop area homes that have been foreclosed.
  • 11:46 p.m.: Anderson receives $2.1 million HUD grant Monday, November 3, 2008 @ 11:05PMANDERSON — Anderson will receive $2.1 million in national grants to help redevelop its high number of foreclosed homes.
  • Columbus seeks $3.1 million to buy foreclosures Friday, October 31, 2008 @ 11:12PMThe city of Columbus is working on a $3.1 million plan with the U.S. Department of Housing and Urban Development to acquire foreclosed homes.
  • Dodd seeks help for foreclosures Friday, October 31, 2008 @ 5:27PMWASHINGTON -- Senate Banking Committee Chairman Chris Dodd is urging the Bush administration to focus its attention on a strategy to help homeowners facing foreclosure.
  • JPMorgan ramps up to modify $70B in mortgage loans Friday, October 31, 2008 @ 4:35PMJPMorgan Chase & Co. said Friday it is expanding its program to modify mortgages in an effort to avoid foreclosures on up to $70 billion in loans.
  • White House Is Said to Want Limits on Loan-Guarantee Proposal Friday, October 31, 2008 @ 5:53AMOct. 31 (Bloomberg) -- The White House and Treasury Secretary Henry Paulson are seeking to scale back a proposal by Federal Deposit Insurance Corp. Chairman Sheila Bair to guarantee mortgages to help stem foreclosures, according to two congressional aides briefed on the matter.
  • HUD wants its houses to be homes Tuesday, October 28, 2008 @ 7:15AMDonna Walker is middle-aged but never has owned a home. She wants to change that.
  • Cities to get state funds to revitalize after foreclosures Monday, October 27, 2008 @ 10:48PMA new state program will provide Stark County and the cities of Canton, Alliance and Massillon with funds to help cities and townships work together with nonprofit organizations to stabilize communities after the recent rash of foreclosures has taken its toll.
  • Feds ok $3.92 b housing grant for Ga. Sunday, October 26, 2008 @ 1:03PMThe US Department of Housing and Urban Development has given Georgia a $153 million grant, to help ease the foreclosure blight. The state will get about half the sum, with nine cities and counties divvying up the remainder.
  • Funds could make foreclosed houses into homes Sunday, October 26, 2008 @ 2:03AMSTAMFORD - Amid a spike in foreclosures, the city is eyeing an opportunity to ease the crisis and prepare for the next generation of low- and moderate-income homeowners.
  • Black ministers unite to save souls for the polls Saturday, October 25, 2008 @ 11:31PMThis is one in an occasional series of voter profiles leading up to Election Day.
  • HUD funding targets foreclosed properties Thursday, October 23, 2008 @ 11:19PMEBENSBURG — The federal government’s first of several programs to battle the national housing crisis is coming to Pennsylvania, especially to counties such as Cambria, where more than one-half of the boroughs might be eligible.
  • REGION: County gets federal funds to ease foreclosure crisis Thursday, October 23, 2008 @ 2:13PMRIVERSIDE ---- The county will receive $48.5 million in federal grant money to boost the local housing market, largely by buying and selling foreclosed homes, county officials announced this week.
  • Hennepin County gets $3.9 million to address foreclosed, vacant homes; County leaders must submit a plan on how to use ... Thursday, October 23, 2008 @ 2:10PMHennepin County and suburban cities will receive $3.9 million from the federal government to address abandoned and foreclosed homes, but the plan for how to spend that money remains to be determined.
  • Neighborhoods facing impacts of housing crisis Wednesday, October 22, 2008 @ 3:54AMPOMONA - As homeowners all over the state and nation struggle with the threat of losing their homes, neighborhoods are also facing the detrimental impacts of the housing market crisis.
  • HUD Secretary Steve Preston praises lenders Tuesday, October 21, 2008 @ 8:55PMHUD Secretary Steve Preston praised lenders Tuesday but warned of foreclosures.
  • Foreclosure Rescue Plan Takes Shape Tuesday, October 21, 2008 @ 1:48PMBold measures are needed, a real estate leader told Pasco County commissioners today as a foreclosure rescue plan worth nearly $20 million took shape.
  • Foreclosure assistance coming to Dover, rest of state Tuesday, October 21, 2008 @ 12:06PM Delaware communities with foreclosed and abandoned properties will be getting special assistance — $19.6 million of it — shortly, due to federal grant money recently allocated to the state. The money is coming from the U.S. Department of Housing and Urban Development as part of a new nationwide Neighborhood Stabilization Program.
  • Butler plans to buy foreclosures Tuesday, October 21, 2008 @ 4:43AMButler County officials have proposed a plan that would pump $4.2 million in federal funds into helping people at risk of losing their homes to foreclosure.
  • Fact Sheet: Helping Responsible Homeowners Avoid Foreclosure Friday, October 17, 2008 @ 12:45PMThe Federal Government is collaborating with State and local partners to use the best tools available to keep homeowners in their homes. Americans need to know that help is available. The actions of the Federal Government are helping to address a key problem in the housing market: the excess supply of homes on the market. By helping responsible borrowers facing preventable foreclosures stay in ...
  • South Side real estate strong, despite national crisis Thursday, October 16, 2008 @ 11:30AMAgainst the backdrop of the national credit crises, the South Side – where existing home sales remain strong while largely...
  • South Fla. Sees Funds From Bailout Plan Thursday, October 16, 2008 @ 10:59AMThe bailout plan is making its way to the Sunshine State.
  • Agency helps many stave off foreclosure Thursday, October 16, 2008 @ 1:52AMA huge increase in home foreclosures in suburban Hennepin County compelled one agency to boost staffing levels to keep up with demand.
  • Warwick buys foreclosed home for $1; looking for renters Wednesday, October 15, 2008 @ 10:43PMThe city purchased the property through a federal program, will renovate it and hopes to rent it to an income-eligible family.
  • Warwick buys foreclosed home for $1; looking for renters Wednesday, October 15, 2008 @ 10:25PMWARWICK — A ray of hope was cast on the bleak housing market yesterday when Warwick was able to use a federal program to turn a vacant, foreclosed house into an opportunity to increase its stock of affordable homes.
  • S. Fla. Sees Funds From Wall Street Bailout Plan Wednesday, October 15, 2008 @ 9:14PMThe bailout plan is making its way to the Sunshine State.