Headline News Archive

2008

April

29

• Nuevo récord de viviendas vacías. El porcentaje de viviendas vacías a la venta en Estados Unidos alcanzó un nuevo récord en el primer trimestre del año, anunció el gobierno el…

28

• Good credit can't protect borrowers from bad loans. A good credit score doesn't mean you can't end up in foreclosure. Many now troubled borrowers had excellent credit when they got their mortgages. But…

27

• Prosecute the mortgage sharks. When Treasury Secretary Henry M. Paulson released the government's blueprint for overhauling the nation's financial regulatory structure, he promised to direct more attention toward the…

• Best investment: Homes or stocks?. Jason Gerbsman and his wife, Lauren, began thinking about buying a home just as the housing market began to slump two years ago. The couple,…

26

• 'Declining markets' and self-fulfilling prophecies. Could designations of Zip codes, metropolitan areas and entire states as "declining markets" hinder a real estate recovery and hurt minority groups and moderate-income buyers…

23

• Lenders swamped by delinquent mortgages. Seven out of 10 troubled mortgage borrowers remain without a plan to work out their loans despite increased industry efforts to help them, according to…

22

• Lenders derail plan for judges to modify mortgages. Sherrie Floyd says she was able to handle the first reset on the $505,000 mortgage she had taken out to refinance her Vallejo, Calif., home.…

• Renters can't escape foreclosure crisis. On a chilly night after work last November, Christopher and Jenell Chow relaxed, watching the evening news while their children scampered around their rented two-story…

21

• Debt may be a factor in suspicious fires. Some folks celebrate their last home mortgage payment by setting fire to their loan agreement. Lately, some people behind on their mortgages are simply setting…

20

• Homebuilders: Walk away, expect to pay. If you thought buying a new home was expensive, wait until you see how much it costs you to back out of the deal. Some…

• Putting a big squeeze on condo loans. If you own or plan to buy a condominium, an ominous new phase of the mortgage-credit squeeze could be looming for you. As a result…

18

• Momentum builds for foreclosure relief. Congress isn't done debating how best to stem the foreclosure crisis, but one near-certainty has emerged: Lawmakers will pull together a housing bill that expands…

17

• Bargain hunters boost home sales in some markets. Home prices are sinking. Banks are seizing properties from owners who can't pay their mortgages. Yet for Amber Gilmore, the miserable housing market has never…

16

• Homeowners stuck in unfinished projects. At the new community of Seapine Estates, street names like Sea Foam Drive and Shoreline Road are meant to evoke a feeling of coastal tranquility.…

• States tackle foreclosures In absence of federal help. This month alone, Philadelphia's sheriff delayed foreclosure auctions of 759 homes at the city council's urging. Maryland extended the time it takes to complete a…

15

• Poll: Housing woes won't end soon. A growing majority say they won't buy a home anytime soon, the latest sign of increasing pessimism about the nation's housing crisis, a poll showed…

12

• Walking out of mortgage, into years of hurt. The country's two largest sources of mortgage money have a blunt warning for anyone thinking about joining the growing "walkaway" trend, in which homeowners stop…

11

• Aprueban nueva ayuda con las hipotecas. El Senado aprobó ayer con amplio respaldo bipartidista un proyecto de ley que incluye exenciones tributarias y otros pasos diseñados para ayudar a empresas y…

10

• Senate passes bill to ease housing crisis. The Senate today passed a bipartisan package of tax breaks and other steps designed to help businesses and homeowners weather the housing crisis. The measure…

• White House plan to aid subprime borrowers. The Bush administration yesterday unveiled a plan to rescue 100,000 homeowners at risk of foreclosure by relaxing eligibility standards for government-backed loans and encouraging lenders…

09

• Bush to offer more mortgage aid. The Bush administration is expanding a government program to help homeowners head off foreclosure as it scrambles to counter Democratic calls for a broader federal…

• Engatusados por agentes hipotecarios. Una investigación del Centro de Préstamos Responsables (CRL) dada a conocer ayer indica que los prestatarios que obtuvieron sus préstamos a través de agentes hipotecarios,…

08

• U.S. House to offer housing plan. House Democrats are crafting a response to the nation's housing crisis that would offer tax breaks to homeowners, first-time home buyers and developers of low-income…

07

• Embargos golpean las zonas rurales. El final llegó en un abrir y cerrar de ojos, afuera del tribunal del condado de Merced. Sólo seis personas se presentaron al remate de…

03

• Housing accord puts builders first. Senate Democratic and Republican leaders rushing to address the nation's housing crisis reached agreement yesterday on a package that would provide billions of dollars in…