Jan. 25 (Bloomberg) — A proposed multistate settlement with Bank of America Corp., JPMorgan Chase & Co. and three other U.S. mortgage servicers to resolve probes of foreclosure practices is “inadequate for California,” state Attorney …
Between a homophobic rant on stage and his hospitalization at Sundance Film Festival, Tracy Morgan hasn’t gotten the best press lately. And claims that he isn’t doing enough to help his mother avoid foreclosure aren’t likely to help. Warden’s …
Jan. 31 (Bloomberg) — States have until Feb. 3 to decide whether to accept a proposed nationwide settlement of a foreclosure probe with banks including JPMorgan Chase & Co. and Citigroup Inc. that may total as much as $25 billion. State and …
The Occupy Wall Street movement, which cut its teeth last fall by occupying streets and parks across the country, is moving into a new phase as it gears up for spring: occupying homes. The movement that claimed to speak for “the 99 percent” and made …
If you think New York City has closed the door on its foreclosure problems, think again. While foreclosures are down, the rate of new mortgage defaults, a precursor to foreclosures, is “disturbingly high,” according to a new report from …
(Updates with comment from Iowa attorney general’s office in seventh paragraph.) Jan. 30 (Bloomberg) — States have until Feb. 3 to decide whether to accept a proposed nationwide settlement of a foreclosure probe with banks including JPMorgan …
foreclosure rates in Jacksonville continue to remain high. The rate of foreclosure in Jacksonville increased to 8.5 percent in November, the latest data available from CoreLogic. That is a 0.8 percent increase from 7.8 percent in November 2010 …
The foreclosure rate increased slightly in the Winston-Salem metropolitan statistical area during November, according to a national real estate research group. CoreLogic said Monday that the foreclosure rate in Davie, Forsyth, Stokes and Yadkin …
Jan. 26 (Bloomberg) — foreclosure and distressed sales fell to 20 percent of U.S. home purchases in the third quarter of last year as legal scrutiny of property seizures reduced the number of deals, according to RealtyTrac Inc. Transactions …
Ben Hallman reported and wrote this story as a staff writer at the Center for Public Integrity. He recently joined The Huffington Post. Like millions of stories from the great recession, this one begins with homeowners struggling to keep up with …