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Home prices show biggest jump in 6 years in October
WASHINGTON -- Home prices increased 6.3% in October from a year earlier, the biggest year-over-year gain since 2006, according to Irvine research firm CoreLogic. Prices dipped 0.2% in October from September, but such a drop was expected at the end of the...
Tags: Homes, Prices, Hurricane Sandy (2012), Financial and Business Services
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Study concludes FHA lending practices in Baltimore area could lead to high foreclosure rates
Homes with federally insured mortgages — afforded to mostly lower-income borrowers — are expected to see a spike in foreclosures because of dicey lending practices, according to a recent study. More than a dozen ZIP codes in the Baltimore...
Tags: Mortgages, Federal Housing Administration, Dundalk, Baltimore County, Real Estate
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Where are the hidden values?
South Florida Sun-SentinelWhile Florida as a whole has taken the heat (no pun intended!) for being one of the hardest hit real estate markets, there are still segments of the market and certain neighborhoods that have held their values more than others and where investing now...Tags: Miramar, Values, Real Estate, Lauderdale Lakes, Realty
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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: Citigroup Incorporated, Office of the Comptroller of the Currency, JPMorgan Chase & Co., Federal Reserve, Financial and Business Services
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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: Citigroup Incorporated, Mortgages, Fannie Mae, JPMorgan Chase & Co., Consumers
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Mortgage settlement gets mixed reviews
Deatrice S. Besong says it feels like winning the lottery: Her mortgage servicer recently agreed to reduce her loan by $249,000 next year, saving her $300 a month and erasing the debt overhang that has her owing far more than her house is worth.
"It's...Tags: Citigroup Incorporated, Justice System, Mortgages, Interior Policy, U.S. Congress
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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.](http://www.baltimoresun.com/media/thumbnails/story/2012-12/73867027-31155420.jpg "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.")
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: Mortgages, Federal Housing Administration, Real Estate, Services and Shopping, Bankruptcy
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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: Holiday Vacations, Real Estate, Homes, Realty, Services and Shopping
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Long sentence highlights efforts to prosecute mortgage fraud
Con artist Rodney Getlan did not just take people's money — his actions caused them to lose their homes. That he stole the sanctuary of a roof and four walls may have led to Getlan's getting a much longer prison term. Baltimore County Circuit Judge...
Tags: Justice System, Mortgages, Punishment, Baltimore County, Rockville (Bethlehem, Pennsylvania)
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Price reduced on mansion of ex-New York Mets star Lenny Dykstra
The one-time home of ex-New York Mets star Lenny Dykstra is back on the market in Thousand Oaks, reduced to $14.995 million from the $18.75 million it was listed for in June. Hockey great Wayne Gretzky sold the 6.5-acre compound to the former World...
Tags: Homes, Paulina Gretzky, New York Mets, Bankruptcy, Marketing
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Navigating the foreclosure pipeline
Special to the TribuneThis story contains corrected material, published Dec. 11, 2012. Although she is an attorney with decades of experience, Mary Flynn joined the ranks of the unemployed after the social services agency she worked for cut jobs this year. Unable to keep up...Tags: Mortgages, Justice System, Environmental Issues, Career and Workplace, Justice and Rights
Dec 4, 2012
|Story| Los Angeles Times
Dec 16, 2012
|Story| Baltimore Sun
Dec 17, 2012
|Story| South Florida Sun-Sentinel
Jan 6, 2013
|Story| Los Angeles Times
Jan 8, 2013
|Column| Los Angeles Times
Dec 13, 2012
|Story| Baltimore Sun
Jan 3, 2013
|Story| Los Angeles Times
Dec 31, 2012
|Story| Baltimore Sun
Dec 28, 2012
|Story| Los Angeles Times
Dec 4, 2012
|Story| Baltimore Sun
Dec 4, 2012
|Story| Los Angeles Times
Dec 7, 2012
|Story| Chicago Tribune
Original site for Foreclosures topic gallery.
