Summary
A collection of news and information related to Foreclosures published by Tribune Company sources.
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528 items on Foreclosures
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Despite doubts, Bush to sign bill rescuing homeowners
WASHINGTON - It took fears of a market collapse to push President George W. Bush and Congress to compromise on election-year mortgage help for struggling homeowners. Foreclosures are rising and home prices falling. And the prospect that Fannie Mae and...Tags: Financial and Business Services, House, Fannie Mae, George Bush, Freddie Mac
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Senate OKs housing relief bill
Los Angeles TimesCongress completed work Saturday on the government's most sweeping response yet to the nation's housing crisis, sending to President Bush a bill designed to help homeowners avoid foreclosure, spur home buying and prop up struggling mortgage giants...Tags: Florida, Upper House, Laws, Christopher Bond, Heads of State
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Upside to higher down payments: More savings
Bloomberg NewsThe U.S. housing crisis may accomplish what years of parental hectoring couldn't: Turn Americans from spenders into savers. Spending will fall because homeowners can no longer use rising real estate values to borrow cash—$837.5 billion in 2006,...Tags: Federal Reserve, Homes, Political Candidates, John McCain, Elections
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FDIC ready for subprime time
The Wall Street JournalFederal officials heap much of the blame for the subprime mortgage mess on lenders, saying they recklessly made too many high-cost loans to borrowers who couldn't afford them. It turns out that the U.S. government was one of the lenders giving out high-...Tags: Tourism and Leisure, Interior Policy, Mortgages, Chicago Mortgages, Hotel and Accommodation Industry
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Housing rescue bill gets Senate OK; Bush to sign
Associated PressCongress approved mortgage relief for 400,000 struggling homeowners yesterday as part of an election-year housing plan that also aims to calm jittery financial markets and bolster the sagging economy. President Bush said he would sign it promptly,...Tags: Connecticut, Upper House, Laws, Mortgages, George Bush
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California foreclosures soar
Of The Associated PressForeclosures in California soared in the second quarter to the highest level in at least 20 years, as many homeowners who bought at the height of the housing boom were unable to make mortgage payments, a real estate research firm said last week....Tags: Homes, California
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Cities back seminar to help residents avoid foreclosure
South Florida Sun-SentinelOnce a symbol of achievement, Kadian McLarty's home has morphed into a symbol of fear. The precipitous drop in the real estate market, and escalating insurance costs, property taxes and mortgage interest rates have sapped the value of her first home,...Tags: Financial and Business Services, Homes, Bankruptcy, Lauderdale Lakes, Society
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Rattled Americans Try Their Lottery Luck In Hard Times
Courant Staff WriterTom Meredith of Simsbury, a restaurant chef who commutes 20 miles to work in Goshen, doesn't think of himself as a bellwether of economic trends. But in one respect — his $20-a-week habit of playing Connecticut Lottery games — Meredith...Tags: Tourism and Leisure, Boston Red Sox, Health Organizations, Executive Branch, Government
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Senate Passes Housing Bill; Analysts Doubt It's Enough
Washington PostEven as a huge bipartisan majority in the Senate voted Saturday to send a sprawling housing bill to the White House, economists, consumer advocates and other analysts said the package of programs for cash-strapped homeowners and shaken mortgage lenders is...Tags: John McCain, Laws, George Bush, Parliament, Freddie Mac
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Iowa builder's failure puts $96 million in property in limbo
Associated PressDES MOINES—About $96 million worth of residential and commercial property is under threat of foreclosure because of the collapse of Regency Homes, Iowa's largest home builder. West Des Moines-based Regency Homes cites the downturn in the housing...Tags: Sales, Real Estate, Property, Real Estate Sellers, Iowa
Jul 27, 2008
|Story| Newsday
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|Story| South Florida Sun-Sentinel
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|Story| Allentown Morning Call
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|Story| South Florida Sun-Sentinel
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|Story| Hartford Courant
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|Story| Washington Post
Jul 27, 2008
|Story| Chicago Tribune
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