Foreclosures
Latest Foreclosures News
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Brennan's, Landmark New Orleans Restaurant, Closes
Brennan over control of the business. Amid the family management squabbles, Brennan's was heavily in debt and sold in foreclosure this year to a company called Leggo/4. Attorneys and representatives for those involved in the lawsuits were not
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Hawaii Homeless Preschool Graduates 35 Children
the beach or run around with other children her age has helped ease the stress of losing the family's Makaha home to foreclosure , said her father, Albert. "It means a lot to us," he said. "She's able to learn and get together with kids
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Mansion Once Owned by Liberace for Sale in Vegas
couple sold the home to Terrance Lee "Dez" Dzvonick for $3.7 million. JPMorgan Chase seized the property through foreclosure in February 2010, and Dzvonick sued to get it back, saying the bank had wrongfully foreclosed. The legal tug-of-war
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Philly Mayor: Federal Cuts Hurt Local Governments
of the U.S. Conference of Mayors. In Philadelphia, he said, deep cuts to a program that helps homeowners avert foreclosure will potentially result in more blight, while the school district is facing an existential budget crisis that has forced
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Nation's Mayors Want State Control of Pot Policies
leaders including Los Angeles Mayor Antonio Villaraigosa (vee-yah-ry-GOH'-sah) talked about struggles with crime, foreclosures and unemployment while sharing leadership strategies. Mayors from Philadelphia, Baltimore, Atlanta, Phoenix and about
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Nation's Mayors Meet in Vegas Amid Gun Debate
including Los Angeles Mayor Antonio Villaraigosa (vee-yah-ry-GOH'-sah) will tell of their struggles with crime, foreclosures and unemployment rates, and share ideas for leadership strategies. The roster of more than 100 resolutions leans heavily
News
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How Immigrant Neighbors Make You Richer
immigrants and housing. Homeownership rates went up for immigrants during the first half of the 2000s, but when the wave of foreclosures hit later that decade, immigrants and Hispanics were slammed , defaulting at higher rates than their white counterparts
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Banks Fall Short in Helping Struggling Homeowners
new report says homeowners trying to avoid foreclosure must wait too long for their loan modification home values sank and millions edged toward foreclosure . Many firms had processed foreclosures without verifying documents.
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Markets Slide as Interest Rates Rise
home. Banks are seizing more homes from borrowers who've gone into default. Foreclosure listing firm RealtyTrac says from April to May, completed foreclosures went up 11 percent nationally. With rising home prices "it makes sense," says
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Movie Review: 'The Internship' Hardly Pays
while Billy is supposedly recovering from being unceremoniously dumped by his girlfriend after their house goes into foreclosure . What to do? Billy, who has a computer and knows how to use it, searches online for career choices and stumbles
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Chinese Food Giant Gobbles Up Smithfield
attractive compared to riskier stocks. The U.S. foreclosure crisis may be winding down. RealtyTrac says sales of compared to the year before. Sales of homes already in the foreclosure process also dropped 20 percent. Wendy's is said
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Home Prices Highest Since April 2006
while apparently on the road to recovery, is not yet fully healed. A large number of homes are still in some stage of foreclosure and investors rather than first-time home buyers make up an outsized chunk of the housing market. Many economists
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President Obama Urges Congress to Boost Homeowners in 'Healing' Housing Market
Americans their jobs and their homes, our housing market is healing," Obama said in his weekly address. "Sales are up. Foreclosures are down. Construction is expanding. And thanks to rising home prices over the past year, 1.7 million more families
Videos
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20/20 06/21: The (Almost) Perfect Crime
her family had hit hard times. Unable to keep up on payments on the family brownstone. The property was sold under foreclosure . Steering eviction in the face I Ream was getting desperate Fighting to keep her home she filed lawsuit after lawsuit
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Man Fights to Save Home From Foreclosure , Despite Payments
disbelief when the suddenly stop taking those payments and sent this letter notifying him Wells Fargo was beginning foreclosure proceedings when he came show me all of the documents it was just unbelievable he was forced to hire an attorney who's
payments and sent -- this letter notifying him Wells Fargo was beginning foreclosure proceedings when he came -- show me all of the documents it was just unbelievable he was forced to hire an attorney -
How to Handle Your Mortgage
so Morgan Stanley wasn't gonna get sued after foreclosure . If you walk away from your home a new low as you said 400000 it's short sale without recourse a lot different than a foreclosure for the consumer. How likely is that to happen
for the mortgage and so Morgan Stanley wasn't gonna get sued after foreclosure . If you walk away from your home a new low as you said 400000 it's worth 300000. The bank for closes them there's a 100000 dollars -
Could you walk away from your mortgage?
millions of people facing foreclosure . Out of debt and get out million households facing foreclosure . Again out of debt free yeah that's a claim of you walk away dot com a service helping tries to help clients get foreclosure off their credits we help
the times. To the rescue what could be one million households facing foreclosure . Again out of debt free card. Nina rockaway how mean yeah that's a claim of you walk away dot com a -- service helping over 200 homeowners in six states. Who -- to little or no down creative financing mortgage. The company offers legal advice and tries to help clients get foreclosure off their credits -- we help them through that process so. It's a comfort level for them and also very practical but -- it really as good as it sounds. For people like -- -- -- who bought his home in the San Diego suburbs in 2004. And now can't afford -- 3500 dollar monthly mortgage payment. You walk away dot com have helped. In reality walking away can still have serious ramifications on a borrower's credit that can last for years -
Instant Index: Soccer Star David Beckham Announces Retirement
lesson in luck from a family in illinois. Meet ricardo sarizo. He and his family were about to lose their home to foreclosure . They were cleaning out the kitschen and they found old discarded lottery tickets in the cookie jar. They took them
sarizo. He and his family were about to lose their home to foreclosure . They were cleaning out the kitschen and they found old discarded lottery tickets in the cookie jar. They took them to be -
Obama Believes Economy, Housing Market Are 'Poised For Progress'
depression and costing millions of responsible Americans. Their jobs and their homes. Our housing market is he. Sales are up. Foreclosures are down. Construction is expanding. And thanks to rising home prices over the past year. One point seven million more
jobs and their homes. Our housing market is he. Sales are up. Foreclosures are down. Construction is expanding. And thanks to rising home prices over the past year. One point seven million more American families -
Housing Market Makes Comeback, End to Foreclosure Crisis in Sight
six long years, the foreclosure kriss may be ending 367,000 homes in foreclosure . Today, less than huge drop tonight in foreclosures across the country homeowners to avoid foreclosure -- with what's called
light. There are new signs tonight that after six long years, the foreclosure kriss may be ending. At its peak, 367,000 homes in foreclosure . Today, less than half that. And david muir is here with the news for your neighborhood. About time, right? This is a huge drop tonight in foreclosures across the country. The housing market slowly recovering. Tonight what we didn't know. What's suddenly driving that drop in foreclosures . Reporter: It is a stunning drop. The number of treasured homes slipping away from american families -- dropping to its lowest level in six years. Down 28% across the nation a year ago. Foreclosures down to an eye-popping 65% in california. Suze orman quick to point out to us today. Some of the banks there -- pushed to to something else. Finally allowing homeowners to avoid foreclosure -- with what's called a short sale. And here's how it works. You owe $200,000, but your house is only worth $150,000.















