Keeping the flow of foreclosures moving is crucial for the sluggish housing market, which is still trying to regain its strength after five years of elevated foreclosures. Foreclosure activity in the ...
What if people who lost their homes to foreclosure could rent them back from the lenders that repossessed them? That idea, which has lingered on the outskirts of the housing-crisis debate, got a boost ...
The robosigning scandal and other issues led to fewer foreclosures in final months of 2010. But banks still repossessed just over a million homes last year, according to a report out today from ...
For sale or rent by distressed owner: 248,000 homes. That’s how many residential properties the U.S. government now has in its possession, the result of record numbers of people defaulting on ...
The taint of “foreclosure” sticks with homes whose owners failed to make their mortgage payments. But while that might make such houses an odious deal to some home buyers, it has proven to be a ...
The sale of repossessed houses at knockdown prices is unfair, unconstitutional, and a human rights and dignity issue, as it leaves financially distressed individuals with huge debts, when they have ...