Topic: Foreclosures

Hovnanian CEO: Glut of unsold homes easing

CEO of homebuilder Hovnanian says market could withstand a 'little' increase in foreclosuresThe CEO of Hovnanian Enterprises Inc. said a modest surge in foreclosures this year wouldn't have a devastating effect on the homebuilder's sales. Ara Hovnanian said new construction and the inventory of homes for sale have ...
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STIMULUS Ôa TOUGH SELLÕ

Its benefits ring hollow here, Titus finding Rep. Dina Titus had a remarkable statistic on hand as she drove around Henderson, meeting with local businesses last week: Of the 20 ZIP codes with the most foreclosures in the nation, 13 of them are in her 3rd Congressional District.Although Titus ...
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Another Bank Reports Loan Modification Progress

But S&P report suggests foreclosures will worsen anywayHot on the heels of Bank of America'sannouncement earlier this week of a surge in the number of home loan modifications, Wells Fargo reports it too, is making progress in reworking troubled mortgages. As of Jan. 31, Wells Fargo said ...
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Report: Fewer people falling behind on home loans

<div id="subtitle">New mortgage delinquencies fell at end of 2009 as foreclosure crisis begins to ebb</div><div><p>The end of the foreclosure crisis is finally in sight. For the first time ...
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