Feb 7th 2013 9:00AM
By Jerry Kronenberg The U.S. foreclosure crisis looks like it's finally winding down -- great news for homeowners, but decidedly less positive for house hunters and real estate investors. "From the perspective of buyers, [some] markets might not be as attractive anymore," says Daren Blomquist of market watcher RealtyTrac.... Continue Reading »
Jan 8th 2013 8:30AM
Hundreds of thousands of Americans stand to benefit from the latest mortgage-abuse settlement, but consumer advocates say U.S. banks may be getting the best of the deal. Banks have agreed to pay $8.5 billion to settle charges that they wrongfully foreclosed on millions of homeowners in the wake of the 2008 financial... Continue Reading »
Jan 2nd 2013 12:35PM
The number of homes in the "shadow inventory," once considered a serious threat to a real estate recovery, continues to drop as the housing market absorbs foreclosures, analytics firm CoreLogic said in a report it released today. The shadow inventory refers to the pent-up supply of homes that are either in foreclosure or... Continue Reading »
Dec 13th 2012 3:00PM
Process server Michael Root says that he knows how angry foreclosure notices can make homeowners -- because one property owner almost killed him and members of his family. As it turned out, Root wasn't even bringing a foreclosure notice when, he said, he was attacked in June by a homeowner in Wingdale, N.Y.; it was a... Continue Reading »
Though Occupy Wall Street is fading from the public eye, one of its offshoots continues to garner attention, carrying the torch as perhaps the most potent legacy of a movement that's largely cooled. Ten months ago, Occupy Our Homes officially launched in more than 20 cities, staging sit-ins at properties in danger of... Continue Reading »
