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A collection of news and information related to Foreclosures published by Tribune Company sources.
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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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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... -
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, Real Estate Buyers, Freddie Mac, Homes
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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: Retirement, Job Layoffs, Personal Income, Layoffs and Downsizing, Mortgages
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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, Deutsche Bank AG, Rentals, Real Estate Agents
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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: Sales, Credit and Debt, State Budgets
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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
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State's Home Loan Pain Grows: Foreclosure, Delinquency Rate Soars
The Hartford CourantForeclosures and seriously delinquent home loans in Connecticut logged another grim milestone in the third quarter, soaring a full percentage point to 7 percent of all loans — the largest quarterly increase in nearly 30 years, according to a new...Tags: Loans, Property, Connecticut Labor Markets, Real Estate Buyers, Job Layoffs
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Florida leads U.S. in foreclosures
Nearly one in five Florida home loans was either seriously behind in payments or in foreclosure during the third quarter of this year, an ominous sign for a nascent economic recovery now bracing for a surge of bank-owned properties. About 13 percent of...Tags: Loans, World War II (1939-1945), Real Estate, The Associated Press, Mortgages
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Foreclosures will keep rising through 2010, report says
Home foreclosures are likely to keep climbing through all of next year despite stabilizing housing prices in some areas, a major lender group said Thursday as it reported that the level of delinquencies and repossessed homes had jumped to a record.
One...Tags: Loans, Job Layoffs, Mortgages, Orange (Orange, California), San Francisco
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Some good economic news: Home sales at highest level in 2 years
Existing-home sales in Lake County continued to move up in October, taking 2009's overall figures to their highest in two years, according to a new report released by the Orlando Regional Realtor Association. More than 3,300 homes were sold in 2009...Tags: Property, Sales, Twitter, Inc., Homes
Nov 20, 2009
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|Story| Los Angeles Times
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