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Government Foreclosure Homes News


Rescue from foreclosure? Frustration, anger grow

When 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...

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Refinance plan has its critics

The government will launch a refinance program this month that targets homeowners who are underwater on their mortgage but have not missed a monthly payment.

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Foreclosures soar in Mass. in July

More 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

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Housing Choice: Help Today’s Owners or Future Buyers

Some economists and analysts urge a dose of shock therapy that would shift benefits to future homeowners from current ones: Let the housing market crash.

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Loan modification program in Phoenix helps fewer than expected

A year and a half after it began, the federal government's loan-modification program is helping fewer homeowners facing foreclosure than hoped.

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