Highlights
A collection of news and information related to Foreclosures published by Tribune Company sources.
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Are small banks too good to save?
"The government rescues banks that are 'too big to fail,' not ones that are too good to save." Pardon the sarcasm of my friend, a West Side community organizer, but he and a lot of his fellow do-gooders are still angry over the government's seizure three...Tags: Financial and Business Services, U.S. Bancorp, Credit and Debt, Mortgages, Citigroup Incorporated
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Rentals foreclosed, renters say nowhere to go
ReporterSome Sterling residents are starting their holidays packing their bags after they found out their apartment or house they are renting is being foreclosed. Lonnie Chattic, a board member of the Sauk Valley Landlord Association, is losing six of her...Tags: Rental Service, Condos and Houses, Apartments, Rentals, Newspaper and Magazine
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Homebuilder D.R. Horton stems loss in fiscal 4th-qtr, but misses Wall Street expectations
AP Real Estate WriterHomebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares...Tags: Credit and Debt, State Budgets, Sales
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Foreclosure Fallout
Staff WriterThis year foreclosures in our country hit a record high and when they did, Utah had the sixth highest rate. From 2008 to 2009 foreclosures in Utah skyrocketed by 120 percent. But foreclosures are not just statistics. A house is a families home where...Tags: Epidemics and Plagues, Mortgages, Family
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'Next year' might finally be here for housing turnaround
-- I've lost track of how many times since late 2005, when the bubble popped, that official forecasters from the housing industry have predicted the market will come back "next year." Yeah, housing and the Cubs. But since we all have so much riding...Tags: WGN, Chicago Real Estate, Credit and Debt, Clubs and Associations, Chicago Cubs
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Foreclosed Homes: The Remnants Left Behind
Staff WriterThis year foreclosures in our country hit a record high and when it did, Utah had the sixth highest rate. From 2008 to 2009, foreclosures in Utah skyrocketed by 120 percent. But statistics say little about those lives who were affected and less about... -
Woman sentenced in scam
The Washington PostA Maryland woman who stole millions of dollars from Washington-area homeowners trying to avoid foreclosure is a "vulture" whose case should serve as a warning to other con artists, a federal judge said yesterday before imposing a sentence of more than...Tags: Financial and Business Services, National Government, Mortgages, Government, Mayflower Voyage (1620)
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Planning year-end tax strategies in a down year
Year-end tax planning this year will be different from years past, largely because of the recession.
For many taxpayers, the year has meant a job loss, a job with less income or perhaps a home foreclosure.
There also have been government stimulus...Tags: Layoffs and Downsizing, Financial and Business Services, Retirement, Internal Revenue Service, Income Tax
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Family told to leave home gets reprieve from bank
The Laurent family has one month to find a new home. It's going to be hard, but one month is better than the five days a real estate agent told them they had earlier this week. Emmanuel Laurent, his live-in girlfriend, StFora Latus, and their four...Tags: Epidemics and Plagues, Condos and Houses, Real Estate Agents, Deutsche Bank AG, Rentals
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As Mortgage Rates Drop Again, Is It Time to Refinance?
Mortgage interest rates have fallen below 5 percent again, according to Freddie Mac's Primary Mortgage Market Survey. "This comes at a time when house price declines are moderating and consumer demand for prime mortgages at commercial banks has picked...Tags: Financial and Business Services, Fannie Mae, Freddie Mac, Mortgages, Real Estate Agents
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11 percent of home loans behind or in foreclosure
A new report shows 11 percent of home loans in Wisconsin were in foreclosure or delinquent at the end of September. That record level is expected to continue to rise as unemployment continues. The Mortgage Bankers Association says the state is doing...Tags: Loans
Nov 23, 2009
|Story| Chicago Tribune
Nov 22, 2009
|Story| WQAD
Nov 20, 2009
|Story| Associated Press
Nov 20, 2009
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Nov 22, 2009
|Column| Chicago Tribune
Nov 20, 2009
|Story| KSTU
Nov 18, 2009
|Story| Baltimore Sun
Nov 20, 2009
|Resource Link| South Florida Sun-Sentinel
Nov 20, 2009
|Story| South Florida Sun-Sentinel
Nov 20, 2009
|Story| South Florida Sun-Sentinel
Nov 20, 2009
|Story| Tribune Media Services
Nov 20, 2009
|Story| Associated Press
