Jan 14th 2011 10:16AM
It's not just homeowners walking away from underwater homes -- so are banks and their mortgage servicers. Unfortunately for some neighborhoods, the mortgage servicers are abandoning the homes after many of the homeowners have been booted out and the home has sat vacant for months on end, according to a new study by... Continue Reading »
Jun 4th 2010 8:45AM
The alleged Times Square car bomber, apprehended last month on suspicion of leaving a homemade bomb in his SUV, is on track to lose his Shelton, Conn., home to foreclosure. The suspect, Faisal Shahzad, 30, is in jail without bail for five felony charges. To avoid foreclosure, he is being ordered to repay $213,000 to... Continue Reading »
May 5th 2010 5:00PM
Empty houses are hard to survey, but that's the challenge facing census workers in the Chicago area, where foreclosures and vacancies are weighing down response rates. This isn't just a predicament for the U.S. Census Bureau, it's a problem for these communities and their residents. Each uncounted resident could cost... Continue Reading »
