Topic: Foreclosures

Foreclosures

Foreclosures
In this photo made Sept. 16, 2009, a foreclosed home is shown in Owosso, Mich. The number of borrowers falling behind on their mortgage payments dropped sharply at the end of 2009, a sign the foreclosure crisis is beginning to ebb. (AP Photo/Paul Sancya) Copyright 2010  AP News
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Mortgages foreclosing, delinquent at 15 percent in Q4

<div><p>NEW YORK (Reuters) - A record proportion of U.S. mortgages were in foreclosure or at least one payment past due in the fourth quarter, according to industry data showing the fragile state of the recovery in the housing market.&amp ...
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Foreclosures down in January, but surge on way?

<div id="subtitle">Foreclosure rate down from December to January, though still above last year's levels</div><div><p>The number of U.S. households facing foreclosure in January increased 15 percent from the same month last year, and a surge ...
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Citi to let distressed homeowners stay for 6 mos.

<div id="subtitle">Citigroup plan lets homeowners avoid foreclosure, stay for 6 months if they turn over deed</div><div><p>Citigroup Inc. plans to let homeowners on the verge of foreclosure stay in their homes for six months — if they turn ...
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