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Financial 'nightmare' may be just about over for Hagerstown woman
arnoldp@herald-mail.comAfter enduring so much anger and pain in losing your house and filing for bankruptcy, how would it feel to receive as much as $125,000 in compensation? “I don’t even think like that because it just sets you up for another downfall,”...Tags: Insurance, Career and Workplace, Homes, Real Estate, The Herald-Mail
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Foreclosure victims might reap windfall
arnoldp@herald-mail.comNancy Shulley received a letter about a year ago that she thought might be junk mail, but, just in case, she put it in a desk drawer and eventually sent a reply. Good thing she did. Now, the Hagerstown woman’s letter might be the ticket to her...Tags: HSBC Holdings plc, Lawyers, Franklin County (Pennsylvania), Bank of America Corp., JPMorgan Chase & Co.
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Housing issues that bear watching in 2013
The Chicago area's housing market saw the ever-so-small beginnings of a turnaround last year, as excess inventory started to be absorbed and price declines moderated and even showed improvement in some areas. On New Year's Day, the Mortgage Debt...
Tags: Loans, Realty, Illinois Governor, Cook County Board of Commissioners, Real Estate
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Interview and performance: Boots Riley and the Coup
Never before has an interview subject assumed/joked that RedEye was a communist newspaper. Fans of Boots Riley’s veteran, socially conscious hip-hop act The Coup probably won’t be surprised that he mentioned it. “Do people assume that...
Tags: Golf, Media Industry, Politics, Biz Markie, Bleep (euphemism)
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Federal regulators prepare new mortgage rules while cleaning up faulty foreclosure issues
Six years after the housing bubble burst, federal regulators are trying to restore confidence in the nation's mortgage industry while continuing to remedy past ills. On Monday, the Office of the Comptroller of the Currency announced an $8.5 billion...
Tags: Politics, Lawyers, Interior Policy, Bank of America Corp., JPMorgan Chase & Co.
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Bank-owned Glendale properties drop out of market
The number of foreclosed homes that sold in the Glendale region plummeted in November to only a handful, according to the latest real estate figures Four bank-owned properties sold last month, a dramatic decline from 23 in November 2011, according to...Tags: Realty, Homes, Services and Shopping, Real Estate, Condos
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Chicago-area housing market continues slow comeback
The Chicago-area housing market continued to take steps toward recovery in November, posting numbers that are fostering expectations of a much-improved 2013. The Illinois Association of Realtors said Thursday that 7,604 existing single-family homes and...Tags: Real Estate Sales, Inventories, Chicago Mortgages, Financial and Business Services, Homes
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$10-billion settlement of foreclosure abuse cases said to be near
Banks and regulators worked late Sunday to finalize a nearly $10-billion settlement that would halt a much-maligned program to review foreclosures from the height of the housing crisis, according to four people familiar with the talks. At least 14 banks...
Tags: Bank of America Corp., U.S. Department of the Treasury, JPMorgan Chase & Co., Federal Reserve, Goldman Sachs Group, Inc.
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Banks shortchanging consumers in mortgage settlement
A mortgage is a contract. You agree to pay a certain amount of money to the bank each month, and the bank, in turn, agrees to finance your purchase, play fair and not jeopardize your ability to keep a roof over your head. Ten big banks said Monday...
Tags: Economy, Business and Finance, Financial and Business Services, Fannie Mae, Citigroup Incorporated, Finance
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Foreclosures declined nationally in November
Foreclosures dropped 23% in November from the same month in 2011, a new report shows, indicating housing continues to mend. The Santa Ana mortgage-tracking firm CoreLogic said Thursday that 55,000 homes were foreclosed on nationally in November, down...
Tags: Financial and Business Services
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House-flipping waiver is extended
Federal officials have extended a regulatory waiver that makes it easier to "flip" properties — a move meant to encourage the renovation of foreclosed homes but that critics say could herald the return of predatory schemes.
The Federal Housing...Tags: Bankruptcy, Federal Housing Administration, Financial and Business Services, Barbara A. Mikulski, Services and Shopping
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Phoenix continues its run as strong housing market
The housing market in Phoenix continued its run as one of the hottest real estate markets in the U.S. last month. Sales of previously owned homes and condominiums hit their highest level for a November in seven years. The median home price for the...
Tags: Realty, Holiday Vacations, Homes, Travel, Services and Shopping
Jan 13, 2013
|Story| Herald Mail
Jan 12, 2013
|Story| Herald Mail
Jan 6, 2013
|Column| Chicago Tribune
Jan 4, 2013
|Column| RedEye
Jan 8, 2013
|Story| Chicago Tribune
Dec 21, 2012
|Story| Glendale News Press
Dec 21, 2012
|Story| Chicago Tribune
Jan 6, 2013
|Story| Los Angeles Times
Jan 8, 2013
|Column| Los Angeles Times
Jan 3, 2013
|Story| Los Angeles Times
Dec 31, 2012
|Story| Baltimore Sun
Dec 28, 2012
|Story| Los Angeles Times
Original site for Foreclosures topic gallery.