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As part of a broad effort to boost participation in its mortgage assistance program, the Obama administration will crack down on mortgage companies that are failing to do enough to help borrowers at risk of foreclosure. ...more
December 1, 2009
The Obama administration will crack down on mortgage companies that are failing to do enough to help borrowers at risk of foreclosure, as part of a broad effort to boost participation in its mortgage assistance program. ...more
November 30, 2009
Here's a radical notion: Let's rethink the cult of homeownership in America. Why, a sensible person might ask, do we need to do this when millions of homeowners faced foreclosure in the last year alone, and an estimated 15 million more own homes worth less than their mortgages? Clearly, one might conclude, the bloom is already off the homeownership rose. ...more
November 29, 2009
A rising number of fixed-rate home loans made to people with good credit are sinking into foreclosure, adding to concerns about the strength of the economic recovery. ...more
November 20, 2009
even some that appear successful - are teetering on foreclosure. ...more
November 13, 2009
After a slow start, the Obama administration's mortgage relief program has reached one in five eligible homeowners, a government report says. ...more
November 10, 2009
Consumers may not realize it, but shopping centers throughout the Bay area - even some that appear successful - are teetering on foreclosure. ...more
November 8, 2009
CB Richard Ellis, the world's largest commercial real estate firm, is launching a new division to concentrate on receivership for commercial properties. ...more
November 6, 2009
Productivity rises as jobless claims fall Productivity rose at an annual rate of 9.5 percent in the July-September quarter, the Labor Department said Thursday. That was much better than the 6.4 percent gain economists had expected. Unit labor costs fell at a 5.2 percent rate. ...more
November 6, 2009
When homeowners vanish amid a foreclosure, neighbors can be left with eyesores: unruly lawns scattered with debris and mold growing on homes and driveways. ...more
November 3, 2009
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