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Barack Obama: Solving the housing crisis - Salt Lake Tribune
By barack obama
Published Feb 7, 2012 01:01AM MDT
In my State of the Union address, I laid out a blueprint for an economy that?s built to last ? an economy built on American manufacturing, American energy, skills for American workers, and a renewal of American values of fairness and responsibility. Over the past decade we strayed from those values and we saw what happened. Millions of families who did the right thing were hurt when the massive housing bubble burst. Folks who shopped for a home they could afford, secured a mortgage and made the... ...
Pinole good Samaritan faces foreclosure - San Jose Mercury News: News
Former East Bay Municipal Utility District plumber severely injured while stopping to help stricken man on freeway; faces mounting debts.
DocX Faces Foreclosure Fraud Charges in Missouri - International Herald Tribune: Business
The charges against DocX, which provided home foreclosure services to lenders across the nation, are one of the few criminal actions to follow reports of widespread improprieties against homeowners.
Key states move closer to foreclosure-abuse deal - Salt Lake Tribune
By DEREK KRAVITZ The Associated Press
Published Feb 6, 2012 06:41PM MDT
Washington ? California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal with most other states that would force the five largest mortgage lenders to reduce loans for about 1 million households. But those states, along with a handful of others, had not joined the settlement by a Monday deadline set by the nation?s state attorneys general. And a deal might not be finalized for days. California still has ?significant sticki... ...
Mortgage relief: Partial plan better than none - Yahoo! News Search Results for mortgage
The architects of the joint state-federal mortgage releief plan believe it would be better for homeowners to get a partial deal than nothing at all, according to sources.
Occupy Bernal, Petaluma zero in on foreclosures - SFGate: Business & Technology
Occupy Bernal, Petaluma zero in on foreclosures
OccupyMN Fences Off A Foreclosure-Free Zone In S. Mpls - WCCO: National
<img width="150" height="112" src="http://cbsminnesota.files.wordpress.com/2012/02/occupymn.jpg?w=150" class="attachment-thumbnail wp-post-image" alt="(credit: CBS)" title="Occupy Minnesota S. Mpls Home" />The group Occupy Minnesota stepped up their efforts Saturday to prevent foreclosures. <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=minnesota.cbslocal.com&blog=15909630&post=211019&subd=cbsminnesota&ref=&feed=1" width="1" height="1" />
GOP candidates shy away from Nevada housing crisis - SFGate: Top Stories
GOP candidates shy away from Nevada housing crisis
Thousands of condo owners stuck in condos they can?t sell - Salt Lake Tribune
By LESLEY MITCHELL The Salt Lake Tribune
Published Feb 3, 2012 04:46PM MDT
Pete Farley?s condominium is tidy, updated, clean and in a good neighborhood. And with a listing price of just under $175,000, it is affordable to most buyers. All of those things should make it an easy sell in today?s real estate market. Instead, the condo unit is largely unsellable. The problem is that Farley?s condo community lacks certification from the U.S. Federal Housing Administration. And without that seal of approval, buyers with FHA-insured loans ? and some with other types of loans ... ...
Obama seeks to broaden reach of housing assistance - Salt Lake Tribune
By JIM KUHNHENN and BEN FELLER The Associated Press
Published Feb 1, 2012 05:59PM MDT
Falls Church, Va. ? Conceding his earlier housing programs have fallen short, President Barack Obama on Wednesday proposed a vast expansion of government assistance to homeowners, aiming to make lower lending rates a possibility for millions of borrowers who have not been able to get out from under burdensome mortgages. The president?s proposal is laden with election-year politics and faces a difficult path in Congress. Obama wants to pay for the estimated $5 billion to $10 billion cost with a ... ...
If you're about to lose your home, just occupy it - Chicago Tribune: Opinion
If you're about to lose your home, just occupy it
Obama details broader housing refinancing plan - Star Tribune: Latest
President Barack Obama called on Congress Wednesday to make it easier for millions of additional homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth. He conceded that his administration's housing plans so far have not lived up to their promise.
Obama details broader housing refinancing plan - Minnesota Public Radio: Business
The president called on Congress today to make it easier for millions of additional homeowners to refinance their mortgages at lower interest rates.<img src="http://feeds.feedburner.com/~r/MPR_Business/~4/s3W5aagPLgs" height="1" width="1"/>
Ex-Credit Suisse trader pleads guilty in NY - Salt Lake Tribune
By LARRY NEUMEISTER The Associated Press
Published Feb 1, 2012 10:12AM MDT
New York ? A former London-based Credit Suisse managing director pleaded guilty Wednesday and agreed to cooperate in a federal probe of trading of sub-prime mortgage securities, admitting that he falsified the books to enhance his standing in his company and his year-end bonus as the housing market collapsed. David Higgs pleaded guilty in Manhattan to a charge of conspiracy to falsify books and records and commit wire fraud, which carries a potential maximum sentence of five years in prison. ?To... ...
Obama Details Broader Housing Proposal - NPR News
The president called on Congress Wednesday to make it easier for millions of additional homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth. He conceded that his administration's housing plans so far have not lived up to their promise.
White House details mortgage refinancing plan for homeowners - LA Times: Business
The White House hopes to help millions of homeowners lower their monthly mortgage bill with a $5 billion to $10 billion plan to set up a streamlined refinancing program for people who are current on their payments.
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White House details mortgage refinancing plan for homeowners - Chicago Tribune: Business
White House details mortgage refinancing plan for homeowners
Obama plans assistance for rentals, mortgage refinancing - Salt Lake Tribune
By Lorraine Woellert Bloomberg News
Published Feb 1, 2012 08:15AM MDT
President Barack Obama will announce a package of proposals to jolt the housing market out of its doldrums, including an effort to help more borrowers take advantage of historically low mortgage interest rates, the White House said Tuesday. The president, following up on a promise made during his State of the Union speech last week, will ask Congress for a tax on large banks in order to help homeowners refinance into government-insured Federal Housing Administration loans, the White House said i... ...
Feds want to help turn foreclosed properties into rentals - Chicago Tribune: Popular
Feds want to help turn foreclosed properties into rentals
Obama to detail broader housing refinance plan - Star Tribune: Latest
The Obama administration is trying to fix a stubborn drag on the economy by allowing millions of more homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth, tackling a difficult issue of vital concern in states key to President Barack Obama's re-election.
BofA unit: Texas law should govern Utah foreclosures - Salt Lake Tribune
By Tom Harvey The Salt Lake Tribune
Published Jan 31, 2012 05:57PM MDT
Lawyers for the foreclosure arm of Bank of America argued Tuesday that when it sells a home in Utah it is governed by Texas law and not Utah statutes. That assertion came in arguments in U.S. District Court in Salt Lake City where ReconTrust and BofA are being sued over what Utah attorneys contend were years of illegal foreclosures in Utah. Under state law, only a practicing attorney or a title company with offices in Utah can file a notice of default with county recorders that starts the forecl... ...
America is becoming a nation of renters - MSNBC
There was fresh data from the government Tuesday showing that the American dream of owning a home is fading fast. ...
How homeowner fought foreclosure - Chicago Tribune: Real Estate
How homeowner fought foreclosure
Mortgage modification program expanded to investors, others - Chicago Tribune: Business
Mortgage modification program expanded to investors, others
Brokedown Palace - Newsweek Top Stories
David Siegel wanted a Versailles. Now he wants revenge.
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