Jan 31st 2012 5:00PM
First, Karen Perry endured divorce. Then, the death of all three of her children along with her ex-husband in a plane crash. Two months later, is this Arizona woman about to lose her home? Perry, who has suffered enough heartache for a lifetime, will be moving out of her home in Gold Canyon, Ariz., after the financial... Continue Reading »
Nov 1st 2011 11:10AM
Even those that continue to make payments on a house that no longer exists aren't immune to foreclosure. Brad Gana, of Seabrook, Texas, is being threatened with foreclosure over a home that hasn't existed since it was destroyed by Hurricane Ike in 2008, local Houston 2 News reports. Furthermore, after the hurricane, which... Continue Reading »
Oct 25th 2011 11:00AM
WASHINGTON -- Today's record-low mortgage rates are out of reach for millions of U.S. homeowners who would benefit from them most. One in four homeowners with a mortgage -- 11 million people -- owe more than their home is worth. These "underwater" borrowers have virtually no shot at refinancing. Their plight is a drag on... Continue Reading »
Oct 19th 2011 7:00AM
By Laura Rowley Losing your home to foreclosure is traumatic, no doubt. And for a variety of reasons--from internal bank bureaucracy and missteps to slow-moving government programs--the pain can stretch out for months. It takes an average of 336 days for a home to move through the foreclosure process, from the first day... Continue Reading »
Oct 18th 2011 12:30PM
By Arthur Delaney ALAMOGORDO, N.M. -- From next to the dead tree in his backyard, Ernie Soto can see the big house where he used to live. It's perched on the side of a mountain overlooking Alamogordo, a town of 36,000 on the eastern edge of New Mexico's Tularosa Basin. In 2007 Soto moved downhill to a smaller house... Continue Reading »
