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Government Foreclosure Homes NewsRescue from foreclosure? Frustration, anger growWhen he tried to change the terms of his home loan, Michael Guzman was rejected because the bank didn't consider his joblessness a long-term... Read more...Refinance plan has its criticsThe government will launch a refinance program this month that targets homeowners who are underwater on their mortgage but have not missed a monthly payment. Read more...Foreclosures soar in Mass. in JulyMore than 1,200 Massachusetts homeowners lost their properties to foreclosure in July as the sluggish economy and high unemployment keep pushing the number of homes taken back by lenders toward what could be a record high this year. Foreclosure - Real estate - Unemployment - Massachusetts - Business Read more...Housing Choice: Help Today’s Owners or Future BuyersSome economists and analysts urge a dose of shock therapy that would shift benefits to future homeowners from current ones: Let the housing market crash. Read more...Loan modification program in Phoenix helps fewer than expectedA year and a half after it began, the federal government's loan-modification program is helping fewer homeowners facing foreclosure than hoped. Read more... |
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