http://www.dailymail.co.uk/news/article-2301934/More-million-Americans-homes-seized-banks-year–9-cent-2012.html Thousands more Americans are losing their homes this year with 1.5 million properties taken by banks – up nine per cent on 2012 By Katie Davies PUBLISHED: 10:27 EST, 31 March 2013 | UPDATED: 10:27 EST, 31 March 2013 The number of foreclosed or bank-seized homes has risen by nine per cent already this […]
Blog Archives
Foreclosures rise by 12% as housing slump dents hopes of economic recovery
Jun 14
http://www.dailymail.co.uk/news/article-2159410/U-S-foreclosures-jump-May-creating-troubling-sign-recovery-housing-crisis.html By Daily Mail Reporter PUBLISHED: 12:48 EST, 14 June 2012 | UPDATED: 14:23 EST, 14 June 2012 Foreclosure proceedings against homeowners rose by 12 per cent in May, setting the stage for increases in home repossessions and short sales – scenarios that could further weigh down home values in coming months. Default or scheduled-home-auction […]
America prepares for new wave of foreclosures expected to be ‘bigger than 2010′
Apr 5
http://www.dailymail.co.uk/news/article-2125604/America-preps-new-wave-foreclosures-expected-bigger-2010.html By Daily Mail Reporter PUBLISHED: 10:20 EST, 5 April 2012 | UPDATED: 10:35 EST, 5 April 2012 Half a decade into the deepest U.S. housing crisis since the 1930s, many Americans are hoping the crisis is finally nearing its end. House sales are picking up across most of the country, the plunge in prices […]
Banks now foreclosing on churches in record numbers with no sign of slowing down
Mar 9
http://www.dailymail.co.uk/news/article-2112670/Banks-foreclosing-churches-record-numbers-sign-slowing-down.html By Daily Mail Reporter PUBLISHED: 13:18 EST, 9 March 2012 | UPDATED: 13:23 EST, 9 March 2012 Banks are foreclosing on America’s churches in record numbers as lenders increasingly lose patience with religious facilities that have defaulted on their mortgages, according to new data. Many banks are no longer willing to grant struggling religious […]
Insight: Top Justice officials connected to mortgage banks
Jan 20
http://www.reuters.com/article/2012/01/20/us-usa-holder-mortgage-idUSTRE80J0PH20120120 By Scot J. Paltrow Fri Jan 20, 2012 9:31am EST (Reuters) – U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department’s criminal division, were partners for years at a Washington law firm that represented a Who’s Who of big banks and other companies at the center of alleged foreclosure fraud, […]
Bank of America Plaza Faces Foreclosure
Jan 7
http://www.theatlanticwire.com/business/2012/01/bank-america-plaza-faces-foreclosure/47110/ Adam Clark Estes Jan 6, 2012 Thanks to mammoth mortgage lender Bank of America’s landlord not paying its mortgage on its Atlanta headquarters, the Bank of America Plaza now faces foreclosure. Bank of America Plaza is the tallest building in the city, a fitting sort of superlative to complement the simple irony that a […]