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Foreclosures

190 articles

Thursday, October 9, 2008

Sheriff halts foreclosure evictions

National | October 9, 2008
The Cook County sheriff said Wednesday that he was ordering his deputies to stop evicting renters from foreclosed properties because many people his office has helped remove had done nothing wrong. Read more
 

Monday, October 6, 2008

Foreclosure help for homeowners?

Business | By Peter Y. Hong | October 6, 2008
The $700-billion rescue package for the financial system includes measures designed to stem the rising tide of foreclosures. Read more
 

Illegal residents, diligent owners

California | Local | By Anna Gorman | October 6, 2008
Three years ago, Jose Perez purchased a small condo northeast of San Francisco for nearly $250,000. Read more
 

Sunday, October 5, 2008

Internet auctions: pitfalls and potential

Business | By William Heisel | October 5, 2008
As the nation prepares to pay the price for years of unfettered property speculation, a collection of online companies is hoping to cash in on an oncoming wave of foreclosure sales by auctioning distressed homes online – with significant consequences for homeowners as well as purchasers.¶ Next month, Duval County in Florida will be the first in the country to hold an Internet foreclosure auction, forgoing the traditional courthouse sale in the hope of attracting buyers from other areas. Read more
 

Scams don’t stop in bad economic times

Business | By David Colker | October 5, 2008
Bad economic times can be boom times for scammers. Read more
 

Monday, September 29, 2008

Bailout could aid firms that buy troubled banks

Business | By E. Scott Reckard | September 29, 2008
The government’s $700-billion bailout plan probably comes too late to help such faltering lenders as FirstFed Financial Corp. Read more
 

Saturday, September 20, 2008

Peterson witness may lose home

California | Local | September 20, 2008
Amber Frey, the former girlfriend of convicted wife-killer Scott Peterson, may lose her Clovis home after falling behind on mortgage payments. Read more
 

Thursday, September 18, 2008

Sales up, prices down as foreclosures flood Southern California home market

Business | By Peter Y. Hong | September 18, 2008
So many foreclosed homes are for sale in Southern California that these distressed properties will soon dominate the market, forcing prices down even further. Read more
 

Monday, September 15, 2008

Moreno Valley: One man’s wild ride on cycles of boom and bust

California | Local | By Peter H. King | September 15, 2008
It’s an axiom of growth, Southern California-style: Suburbs that arise on the far edges of the metropolis in a boom, more often than not, will recede in a bust. Read more
 

Saturday, September 13, 2008

Buying at the bottom?

Business | By Peter Y. Hong | September 13, 2008
With mortgage interest rates edging down and the price of homes a good 30% below their peak in Southern California, Ryan Ratcliff made a decision on the minds of many: He decided to buy a house. Read more
 

Tuesday, August 26, 2008

Foreclosures ensnare low-income renters

Business | By William Heisel | August 26, 2008
Ruth Cordoba has never owned a home, but she is feeling the effects of the mortgage meltdown acutely.Cordoba, 28, rented a three-bedroom home in Riverside for six months with the help of so-called Section 8 funds, money provided by the federal government through local housing agencies. Read more
 

Saturday, August 23, 2008

Too big to fail? We’ll see about that

Business | By Tom Petruno | August 23, 2008
The mess in the U.S. financial system is making me nostalgic for the dot-com collapse of 2000-2002. Read more
 

Wednesday, August 20, 2008

Purchase plan may shut doors

Business | By William Heisel | August 20, 2008
To Congress, it looked like a way to both ease blight and provide affordable housing: give local governments $4 billion to buy, repair and resell homes lost to foreclosure. Read more
 

Friday, August 15, 2008

Official’s housing troubles continue

California | Local | By Jeff Gottlieb | August 15, 2008
First Rep. Read more
 

Friday, August 8, 2008

Builders’ loan units faulted

Business | By Annette Haddad | August 8, 2008
One of the biggest construction workers unions on Thursday warned of more housing problems ahead – particularly for borrowers living in new-home communities – and lays much of the blame on the nation’s home builders. Read more
 

Wednesday, July 23, 2008

Record home losses in state

Business | By Richard Simon and Peter Y. Hong | July 23, 2008
The price tag for the nation’s housing crisis escalated again with reports Tuesday that a record number of Californians lost their homes to foreclosure in the last three months and that a potential bailout of mortgage giants Fannie Mae and Freddie Mac could reach $25 billion. Read more
 

Tuesday, July 15, 2008

Housing bill may get boost

Business | By Janet Hook | July 15, 2008
The Bush administration’s emergency move to shore up the mortgage market will reap another dividend on Capitol Hill: It’s helping propel into law a broader housing bill that was threatened by wrangling between House and Senate Democrats. Read more
 

Sunday, July 6, 2008

Mortgage crisis takes toll on children too

Real Estate | By Lew Sichelman | July 6, 2008
WASHINGTON – Everyone realizes the cost of foreclosure can be staggering. Read more
 

Thursday, June 19, 2008

Ethics watchdog wants probe of Long Beach congresswoman’s foreclosure woes

California | Local | By Jeff Gottlieb | June 19, 2008
A legal ethics watchdog group Wednesday called on the House Ethics Committee to investigate Rep. Read more
 

Sunday, June 15, 2008

Foreclosures are leaving some pets homeless

Real Estate | June 15, 2008
Dogs and cats don’t sign up for risky mortgages or get delinquent on their monthly payments, but they can be victims of home foreclosures. Read more
 
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