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  • Oregon's homeownership program to receive an additional $49.2 million Wednesday, August 11, 2010 @ 8:56PMThough it's months away from awarding a single dollar to struggling homeowners, Oregon's newly established foreclosure-prevention program keeps growing.
  • US expands anti-foreclosure aid Wednesday, August 11, 2010 @ 4:34PMWASHINGTON - The Obama administration will offer an additional $2 billion in aid under an existing anti-foreclosure program helping people in 17 states (including Ohio) and the District Columbia because they have unemployment rates above the national rate, the government said Wednesday.
  • More Orlando-area home mortgages permanently modified Thursday, July 22, 2010 @ 10:27AMJuly 22--The number of Orlando-area homeowners able to fight off foreclosure with permanent changes to their mortgages has jumped in the past three months, a new report shows.
  • Next up: a shift away from home ownership? Wednesday, July 21, 2010 @ 12:16AMThe Obama administration is expected to turn to overhauling the U.S. housing market by focusing more on rental housing and less on homeownership.
  • Obama's next focus of reform: Housing finance Tuesday, July 20, 2010 @ 11:00PMAfter President Obama signs into law an overhaul of financial regulation at a ceremony set for Wednesday, his administration will turn to reforming an area at the root of the financial crisis: the U.S. housing market. Barack Obama - President - United States - History - Government
  • Obama's next focus of reform: Housing finance Tuesday, July 20, 2010 @ 11:00PMAfter President Obama signs into law an overhaul of financial regulation at a ceremony set for Wednesday, his administration will turn to reforming an area at the root of the financial crisis: the U.S. housing market.
  • Obama's next focus of reform: Housing finance Tuesday, July 20, 2010 @ 11:00PMAfter President Obama signs into law an overhaul of financial regulation at a ceremony set for Wednesday, his administration will turn to reforming an area at the root of the financial crisis: the U.S. housing market. United States - Barack Obama - Finance - President - History
  • Area cities’ foreclosure rates down, county reports Tuesday, July 20, 2010 @ 12:45AMELYRIA — Foreclosures in Lorain County have taken a steep decline of roughly 25 percent, compared to numbers from this time last year, according to Ron Nabakowski, Lorain County clerk of courts.
  • July 24, FREE "Fix Your Mortgage" Foreclosure Prevention Event At Little Village High School on Chicago's Southwest Side Monday, June 28, 2010 @ 11:22AM----Neighborhood Housing Services of Chicago, Inc.:
  • Matt Fellowes: The Color of the Mortgage Crisis Friday, June 25, 2010 @ 5:00PMAs the lessons of the mortgage crisis are studied by historians in the coming years, a significant and widely overlooked consequence that will no doubt emerge is how it's set back the economic mobility of minorities in this country.
  • Q&A with HUD Secretary Shaun Donovan Wednesday, May 19, 2010 @ 12:55PMThe Housing and Urban Development Secretary answered questions at a May 18 Monitor Breakfast about his plan to reallocate up to $1 billion in additional funds to stabilize those neighborhoods that were the hardest hit by the foreclosure crisis.
  • Mean Street: The White House’s Own Little “Abacus” Deal Wednesday, May 19, 2010 @ 7:57AMIf Goldman Sachs ends up paying a billion dollars as punishment for misleading investors in the Abacus deal, what should Washington pay for misleading the American people?
  • Feds laud Indio's moves to fight blight Wednesday, May 12, 2010 @ 3:27AMIndio's aggressive push to cope with foreclosed and abandoned homes caught the attention of U.S. Department of Justice officials — in a good way.
  • New federal aid request for TN Tuesday, May 11, 2010 @ 12:16PMTennessee's congressional delegation has asked President Barack Obama to request funding to help the state "recover from the unprecedented flooding that affected Tennesseans in 52 counties from Memphis to Nashville."
  • Letters to the Editor Tuesday, May 11, 2010 @ 5:49AMHome Store needs more financial support; Almshouse should be opened to the public; Prayer is the answer during critical times; Hospitals celebrate health, hope and healing
  • TN dedicates millions Tuesday, May 11, 2010 @ 2:18AMUPDATED: 12:10pm TN appropriates millions for flood relief; Rep. Mike Turner to host community meetings on flood recovery effort; Tennessee's congressmen and senators ask President Obama for funding.
  • Market Commentary and Intraday News Monday, May 3, 2010 @ 2:45PM(AP:WASHINGTON) Lawyers for former housing secretary Alphonso Jackson said Monday the Justice Department won't prosecute the former Bush administration official and has closed its criminal investigation.
  • Lawyers say ex-HUD chief won't be charged Monday, May 3, 2010 @ 2:08PMLawyers for former housing secretary Alphonso Jackson said Monday the Justice Department won't prosecute the former Bush administration official and has closed its criminal investigation. The Housing and Urban Development Department secretary left government...
  • Lawyers say ex-HUD chief won't be charged Monday, May 3, 2010 @ 2:04PMThe Times-PicayuneFormer HUD secretary Alphonso JacksonWASHINGTON -- Lawyers for former housing secretary Alphonso Jackson said today the Justice Department won't prosecute the former Bush administration official and has closed its criminal investigation.The Housing and Urban Development Department secretary left government...
  • U.S. Offers a Hand to Those on Eviction’s Edge Sunday, April 18, 2010 @ 9:46PMWithout government aid, economists say many formerly middle-class Americans are at risk of slipping into poverty, even as economic conditions improve.
  • Communities finding it hard to use $4 billion in federal funds for troubled properties Sunday, April 4, 2010 @ 2:14AMLEHIGH ACRES, Fla. — With a use-it-or-lose-it deadline only months away, communities have spent less than half of $4 billion available under a federal program to redevelop abandoned and foreclosed properties.
  • Foreclosures in Lee County down Thursday, April 1, 2010 @ 5:54PMLee County, Fla - The number of foreclosures in Lee County is now at their lowest levels since 2007. 1,143 homes got foreclosure notices in March. That's down from 1,396 in February and down significantly from 2200 in March of last year.
  • January home sales up, prices still down Wednesday, February 17, 2010 @ 11:56AMLehigh Valley home sales increased in January compared to their sluggish pace in the same month a year earlier, and prices continued their downward slide, according to Prudential Patt, White Real Estate's HomExpert Market Report.
  • Suburban homelessness rising Wednesday, February 17, 2010 @ 9:11AMHomelessness in rural and suburban America is straining shelters this winter as the economy founders and joblessness hovers near double digits — a "perfect storm of foreclosures, unemployment and a shortage of affordable housing," in one official's eyes. "We are seeing many families that never before sought government help," said Greg Blass, commissioner of Social Services [...]
  • Suburban Homeless: Rising Tide of Women, Families Tuesday, February 16, 2010 @ 2:31PMHomelessness in rural and suburban America is straining shelters this winter as the economy founders and joblessness hovers near double digits — a “perfect storm of foreclosures, unemployment and a shortage of affordable housing,” in one official’s eyes. “We are seeing many families that never before sought government help,” said Greg Blass, commissioner of Social Services [...]
  • HUD fines Timonium broker over ads, puts firm on probation Wednesday, January 27, 2010 @ 8:18AMGreat Oak put on probation, penalized $11,000 Great Oak Lending Partners, a Timonium broker, is being fined $11,000 for what U.S. officials describe as misleading advertising about Federal Housing Administration mortgages.
  • HUD fines broker over misleading FHA mortgage ads Wednesday, January 27, 2010 @ 7:21AMJan. 27--Great Oak Lending Partners, a Timonium broker, is being fined $11,000 for what U.S. officials describe as misleading advertising about Federal Housing Administration mortgages.
  • Middlesex County gears up for annual count of homeless residents Tuesday, January 19, 2010 @ 10:53AMMIDDLESEX COUNTY — Getting an accurate estimate of the homeless living in Middlesex County helps ensure maximum government funding to address their needs.
  • State to get more aid for housing crisis Friday, January 15, 2010 @ 2:25AMMichigan is to get an additional $223.9 million in federal money this year to help deal with the housing crisis.
  • Mayor angry, Reid disappointed Las Vegas denied more federal aid for foreclosures Thursday, January 14, 2010 @ 2:11PMLas Vegas Mayor Oscar Goodman was angry today about the news that Las Vegas would not be getting any more federal Neighborhood Stabilization Plan funding to help keep neighborhoods besieged by foreclosures from becoming blighted.
  • Michigan to receive $223 million from HUD Thursday, January 14, 2010 @ 11:08AMMichigan is to get an additional $223.9 million in federal money this year to help deal with the housing crisis.
  • Michigan to receive $223 million from HUD Thursday, January 14, 2010 @ 11:07AMThe U.S. Housing and Urban Development Secretary Shaun Donovan plans to announce in Detroit today that HUD will award $223 million to Michigan to help deal with the housing crisis.
  • New grant bolsters Freedom of Information efforts in Missouri Monday, January 4, 2010 @ 1:53PMCOLUMBIA, Mo. (AP) — Groups seeking more government transparency are getting a boost from a new grant. The National Freedom of Information Coalition announced Monday a $2 million grant from the John S. and James L. Knight Foundation.
  • Mark Miller: Up next in the housing crisis: Strategic default Monday, January 4, 2010 @ 1:12PMThe next big issue is "strategic default" -- homeowners who can afford their payments but walk away from mortgages and accept foreclosure because they're facing financial stress.
  • 18.5 Billion Reasons to Make the Home Buyer Tax Credit Work Monday, January 4, 2010 @ 10:13AMRISMEDIA, January 4, 2010—As part of the government’s high price-tag efforts to rejuvenate the flailing American economy, on November 6, 2009, President Barack Obama signed into law an expansion and extension of the home buyer tax credit. With housing at the…
  • City Paper Blogs Monday, January 4, 2010 @ 9:09AMThe new year is upon us. December’s copious top ten roundups are beginning to dwindle. Now, it’s time to bring on the lists of hopes, dreams and expectations for 2010!
  • Some question ability to enforce cell phone, texting restrictions Friday, January 1, 2010 @ 7:54PMPITTSBURG, Kan. — Ask Pete Bodyk, chief of the Kansas Department of Transportation’s Bureau of Traffic Safety, what he thinks about cell phone use while driving, and you’re likely to hear a story that could be more common than anyone realizes.
  • Census numbers suggest lottery could produce more Tuesday, December 29, 2009 @ 11:53AMTULSA, Okla. (AP) — Oklahoma squeezes a better return from its lottery than most states do from theirs, but it might get more if it loosened some rules, U.S. Census Bureau data suggest.
  • Obama vows to use power to thwart terrorists w/ al-Qaida info Monday, December 28, 2009 @ 8:38PMHONOLULU — President Barack Obama on Monday vowed to use “every element of our national power” to keep Americans safe and said the failed Christmas Day plot to blow up a Detroit-bound airliner was “a serious reminder” of the need to continually adapt security measures against changing terrorist threats.
  • Little local impact expected from plane bombing attempt w/ al-Qaida info Monday, December 28, 2009 @ 7:53PMAnthony DeMarco was expecting the worst Monday morning when he boarded his flight at LaGuardia Airport in New York City, three days after an attempted terrorist attack on an international flight into Detroit.
  • U.S. agency backs risky lenders Friday, December 11, 2009 @ 10:09PMWASHINGTON - The trouble signs surrounding Lend America had been building for years. A top executive was convicted of mortgage fraud but still helped run the company. Home loans made by its headquarters were defaulting at an extremely high rate. Federal prosecutors alleged in a civil suit that the company falsified loan documents and committed fraud.
  • UPDATE: 31,000 Borrowers Got Permanent Mortgage Modifications Thursday, December 10, 2009 @ 4:03PMWASHINGTON -(Dow Jones)- Just over 31,000 borrowers have received permanent government loan modifications, underscoring the challenges facing the Obama administration's effort to keep people in their homes.
  • Frank agrees to $3 bln for unemployed homeowners Tuesday, December 8, 2009 @ 3:00PMHouse Financial Services Committee Chairman Barney Frank attaches a provision to broad bank regulation reform legislation that would allocate $3 billion in bank bailout funds to help unemployed homeowners stay in their homes.
  • Report Says Foreclosure Crisis Worse Than Ever Tuesday, December 8, 2009 @ 1:09PM(NNPA) - The Mortgage Bankers Association (MBA), has reported that a record number of loans—1 in 7—is delinquent, up from 1 in 10 a year ago. The numbers also show that 1 in 22 families in the U.S. is in the process of losing their home, up from 1 in 34 a year ago.
  • 4 Tips to Improve Your Odds for Short Sale Success Sunday, December 6, 2009 @ 12:20PMRISMEDIA, December 7, 2009—Last month, we discussed some of the problems associated with short sales: too many properties for lenders to handle; too much uncertainty about valuation; too many second loans; and accounting mechanisms that encourage financial institutions to delay sales in order to defer losses. While those challenges make the ...
  • Jobless homeowners need TARP loans, groups say Sunday, November 1, 2009 @ 1:14AMWASHINGTON — Using taxpayer funds to keep out-of-work homeowners in their homes until they find another job is an option being looked at by some officials in the Obama administration, according to people familiar with government financial rescue programs.
  • Market for mobile homes experiences a sea change Saturday, October 24, 2009 @ 12:13AMIt's been a decade since the mobile home industry started crashing, and the tumble continues.
  • Government tweaks mortgage-modification efforts Wednesday, September 30, 2009 @ 7:31AMAs unemployment and falling prices continue to boost the number of mortgage delinquencies nationwide, the U.S. Departments of Treasury and Housing and Urban Development are fine-tuning the government's efforts to keep people in their homes.
  • FHA reserve funds fall while loan defaults rise Sunday, September 20, 2009 @ 3:03AMWashington -- Dial back the pie-in-the-sky projections.
  • Foreclosure wars Sunday, September 20, 2009 @ 1:00AMElizabeth Lala has been trying since March to modify the mortgage loan on her family's North Raleigh home.