foreclosure

But between high vacancy rates and a looming wave of foreclosures that will add more supply to the market, such a low level seems justified.

"I would rather see fewer foreclosures and housing prices bottoming out to decide that the credit crisis is drawing to a close, " she said.

Home foreclosures have put the U. S. housing industry in a state of turmoil, and has hurt the overall economy here and elsewhere.

And it is a disaster: One of out of every five U. S. foreclosures this year was in California.

The NAHB's Crowe said the market should continue to see an oversupply of existing homes as more foreclosures come on the market, he said.

Paulson said the treasury was examining how the $700bn Tarp fund could be used to prevent home foreclosures.

The result of economic woes rather than straight-up loopy lending, foreclosures are picking up in states such as Idaho, Utah and Illinois.

Any banks in the program will have to strengthen efforts to help struggling homeowners avoid foreclosures, Kashkari said.

Within a two-block radius of that porch in Soulsville, Wells Fargo holds mortgages on nearly a dozen foreclosures.

"Thousands and thousands and thousands of foreclosures create as much systemic risk as one investment bank, " Senator Dodd said.

Stem the tide of foreclosures. The original Paulson plan is like a massive blood transfusion to a patient with severe internal hemorrhaging.

The result has been a tidal wave of foreclosures that have incurred massive losses on financial institutions and some insurance firms.

But, over all, sales and construction have been flat for two years, while prices, driven down by foreclosures, are plumbing new depths.

In the meantime, the delays are creating an overhang of shadow foreclosures, he said.

This, as foreclosures hit an all-time high last quarter. And as if that's not bad enough for homeowners. . .

The market, unable to deal promptly with the surge in foreclosures, has failed to find its floor and stabilise.

caused widespread foreclosures, bank failures, unemployment, and a slump in agriculture and manufacturing.

And plus there's a number of programs in place to help Americans stay in their homes, to limit the preventable foreclosures.

Helping the unemployed meet house payments reduces foreclosures, addressing one of the underlying causes of the crisis.

That means inevitable foreclosures won't get flushed out of the market, allowing it to recover, any time soon.

But the tide of foreclosures and a rising national unemployment rate have dramatically swelled the ranks of the newly homeless.

"Before we see real improvement we believe we need to see sustainable deceleration in foreclosures. "

California, you may have heard, is an apocalyptic mess of raging wildfires, soaring unemployment, mass foreclosures and political paralysis.

Zandi said rapidly rising foreclosures is high on his list of significant problems facing the U. S. economy.

The United States has officially entered a recession, with massive job losses, continued home foreclosures, and extreme market volatility.

But Republicans in districts with lots of foreclosures are more sympathetic to the over-indebted than the party as a whole.

Even those investors who are buying bottom-feeder foreclosures and fixing them up might not be able to resell them so quickly.

At the risky, subprime end of the mortgage market, there are already signs of distress: defaults and foreclosures have been soaring.

The likelihood of strategic default rises more quickly once the rate of local home foreclosures reaches a critical level.

This would bring the total number of non-mortgage-paying owner-occupiers (delinquencies through foreclosures) to about 13. 8%.

The new administration is determined to spend a good chunk of that money to stem rising home foreclosures.

A rash of home foreclosures helped plunge the United States into recession, and the national foreclosure rate shows few signs of subsiding.

One symptom of these times: a surge in the number of million-dollar foreclosures.

To prevent housing prices from overshooting on the downside, the number of foreclosures has to be kept to a minimum.

Some of the worst declines have come in cities hard hit by foreclosures.

I make people happy all day with foreclosures.

Mr. Obama has said future assistance to the banking sector would be tied to a 90-day moratorium on foreclosures.

But the administration has not supported the idea of a temporary suspension of all foreclosures.

"Negative equity will trigger new foreclosures, and that will add to inventory and depress prices, " Humphries said.

Under his financial policies, banks seeking government assistance would be forced to lend and to halt foreclosures.

That's because several major lenders temporarily halted most or all foreclosures amid allegations they were handled improperly.

Too little has been done to curb mortgage foreclosures, which continue to press down on house prices.

Home foreclosures, lost jobs, high gas prices . . . we were running a record deficit and our national debt had never been higher.

Symantec says that the latest spamming trends largely focus on immediate financial worries: mortgages, foreclosures, and taxes.

The painful consequences of this instability are evident in higher bankruptcy rates and the rising numbers of home foreclosures.

Joblessness, foreclosures, and high inventory hamper recovery in nearly every corner of the state, with rare exceptions.

Most analysts trace America's current economic woes to tight credit conditions sparked by a wave of home foreclosures and mortgage defaults.

Foreclosures, which dipped as mortgage companies waited for details of the Obama administration's housing plans, are surging again.

Other lenders may follow, especially because loan workouts are often less costly for banks than foreclosures.

Foreclosures place downward pressure on house prices, contributing to a vicious cycle of economic pain.

If negative equity is the real problem, principal will have to be reduced to stem the foreclosures.

Democrat Barack Obama proposed a 90-day for moratorium on home foreclosures and a two-year tax break for businesses that create new jobs.

With foreclosures, a lot of it is energy imprints from past discussions, arguments, money problems. All of that is absorbed by the house.

That hints at a vicious cycle of foreclosures that both depress home prices and weaken the social and economic barriers to further defaults.

August was the 44th consecutive month in which Nevada led the nation in housing foreclosures.

Directly addressing housing problems, including moving to limit foreclosures and reduce the forced sales that follow foreclosures.

But its right to act as an agent for lenders in foreclosures is under attack.

The pace of foreclosures has not abated, and there has been no improvement in employment in residential construction.

The pawns are getting killed by rising foreclosures in the subprime mortgage market, leaving the better credits exposed.

The banks are once again evicting . Foreclosures plague the parts of northern Arizona and New Mexico traversed by the evicted 70 years ago.

But when home prices fell, homeowners with financial problems were stuck and the number of foreclosures soared in the subprime market.

He says underlying strength in the housing market is being hidden by the number of foreclosures on the market.

Colorado combines a high rate of foreclosures with a boost from the commodities boom.

America, in turn, needed to do more to halt the downward spiral of foreclosures, falling house prices and weak household spending.

While Wall Street is handing out billions in bonuses, American families are struggling with joblessness, home foreclosures and rampant debt.

A bill designed to help avert some foreclosures has been under discussion by senators this week.

Yet perhaps attention should be directed to forced sales through foreclosures because these swamp all other factors.

It's a three-page resolution mentioning Citizens United, foreclosures, wealth inequality, Egypt and corporate personhood.

And this watchdog will have the authority to guard against unfair practices in mortgage transactions and foreclosures.

In response, President Hoover and Congress approved the Federal Home Loan Bank Act, to spur new home construction, and reduce foreclosures.

Business has plunged in regions with the largest home foreclosures, from Florida to Southern California. Forget about Ohio.

Pass a stimulus that works. Helping Wall Street and stopping the foreclosures are only part of the solution.

The recession left a vast legacy of foreclosures, personal and business bankruptcies, debt-collection and credit-card disputes.

Six banks have failed this month as tumbling home prices and a 16-year high in unemployment boost foreclosures.

But the risks of a major new round of foreclosures is hanging over the market because of negative equity on a large block of mortgages.

Fourth, especially in the US, step up efforts to slow mortgage foreclosures, to relieve the distress and stop house prices undershooting.

The Ohio Supreme Court Chief Justice called on lawyers in the state to provide pro bono assistance to people facing foreclosures.

The area has never fully recovered. Boarded-up buildings, drug dealers and, recently, foreclosures have mushroomed.

And this decline fed on itself, as reduced willingness to lend and foreclosures on mortgages caused further reductions in home prices.

Meanwhile Washington's foreclosures policy continues to fail to rise to the magnitude of the problem.

Roughly a third of home resales are foreclosures or short sales, where the mortgage exceeds the sales price.

They now account for more foreclosures than subprime borrowers, says the Mortgage Bankers Association (MBA).

Several banks have suspended foreclosures in those states temporarily to review their operations.

We're also seeing the reverberations of this crisis with the rise in foreclosures.

To survive, Haller is now fighting foreclosures.

Mr Obama's chances of being any more successful depend on whether his team has correctly diagnosed what is driving the wave of foreclosures.

Builders compete with inventories of existing homes being swelled by mounting foreclosures.

By contrast, foreclosures started on borrowers with subprime adjustable-rate mortgages fell dramatically in the second quarter.

This has blunted a key channel of monetary policy and led to large numbers of foreclosures.

Foreclosures and slow sales have left 4-million-plus homes on the market, nearly half a million more than two years ago.

In some metros, foreclosures have slowed simply because a glut of foreclosures has clogged the system.

Fresh numbers call into question the sustainability of the recent drop in foreclosures.

Chandler too has felt its share of pain as Arizona's housing boom crumbled; home prices are down by half and foreclosures have soared.

The president-elect has also advocated a 90-day moratorium on foreclosures; how this fares in Congress is less certain.

As foreclosures increase, they drag the average price of homes in a neighborhood down.

Home prices are expected to keep falling as foreclosures continue, and high unemployment will keep demand low.

Bank of America, the largest U. S. bank, announced Friday that it was halting foreclosures on homes in all 50 states.

Thus, widespread foreclosures pose a "narrative challenge" ; there is no single, commonly agreed national way to explain these events.

The housing market remains under pressure from record rates of home foreclosures and high unemployment.

Wells Fargo also is grappling with the impact of possibly improper disclosures on foreclosures.

But foreclosures and defaults could yet push house prices lower. Further falls in payrolls could make that happen.

Hundred-billion-dollar bailouts and millions of family foreclosures have taught us otherwise.

A huge supply of unsold homes, tighter lending standards and record foreclosures have slashed home prices.

Most crucially, fighting foreclosures is a political imperative.

Foreclosures are running at record levels, with one in 355 of the nation's homes receiving a filing in July alone.

A weaker economy means more bankruptcies and home foreclosures and higher unemployment.

That kind of flipping stopped several years ago as home sales stalled amid a surge in foreclosures and curtailed lending.

A 90-day moratorium on foreclosures from institutions that take advantage of government bank rescue programs.

Give lenders a nudge to start acting sensibly , and you can stop foreclosures at a relatively small cost .

About half of all foreclosures overall return to the banks, says RealtyTrac, which tracks foreclosure filings.

The biggest players in the mortgage industry temporarily had halted foreclosures in advance of Obama's plan.

RealtyTrac is a company that counts foreclosures, the legal term for bank repossessions.

The collapse in house prices, rising defaults and foreclosures will affect millions of voters.

Despite the recent stability in home sales, foreclosures continue to add to housing vacancies.

For three years, while working for Xerox, I spent my spare time learning to master the art of buying foreclosures.

Another reason prices are stabilizing is because millions of foreclosures are in limbo.

Until that changes the vicious cycle of rising foreclosures and falling prices will continue.

Bank officials attribute the surge in black foreclosures in Memphis to the recession.

What has happened, though, is that above a certain level, foreclosures have done a lot of damage during the bad years.

Meanwhile, foreclosures continue to pummel the mortgage firms with big losses.

In some states, including California and Texas, lenders can pursue foreclosures outside of the courts.

Their approval would be needed to prevent many foreclosures.

Investor Julian Dominguez has been tracking foreclosures at the courthouse for more than 20 years, and says he has seen it all before.

Zandi expects more price declines and foreclosures in the first half of the year.

In the Midwest the surge in foreclosures and the collapse of traditional industries has hardened hearts.

Interest rates are lower. There is not as much competition from foreclosures and short sales and so home-builders are in much better shape.

In truth, both lower payments and lower principal would help reduce foreclosures.

Foreclosures are falling, but they continue to place downward pressure on prices.

A better job market enables struggling households to make mortgage payments, reducing foreclosures.

But mass foreclosures and bankruptcies are not a pretty prospect.

Foreclosures and costlier commutes have laid low the distant suburbs, or exurbs.

THINGS that grew rapidly in 2008 included home foreclosures, government deficits and the ranks of the jobless.

Large numbers of Americans have lost their homes to bank foreclosures or are in danger of doing so.

He expected the peak in foreclosures to lag behind the jobless peak by about six months.

For home prices, the risk is clearly to the downside given mounting foreclosures.

Record foreclosures have pushed down prices as unemployment rose.

A joint investigation by 40 states would further escalate pressure on banks to widen their suspensions of foreclosures.

Buying foreclosures that are REO is by far the easiest way to pick up a distressed property.

It also says the administration must develop a plan to ease the wave of foreclosures through modifying loans acquired by the government.

Yet both reasons for foreclosures have the same impact on a borrower's FICO score.

But the pace of sales remains extraordinarily low, and foreclosures will continue to prevent a faster decline in inventory.

Here's the problem: Foreclosures are still occurring more than twice as often as sales.

Share the pain of millions of foreclosures and double digit unemployment.

The biggest reason: the troubling spike in home foreclosures is nowhere near its end.

The end of the government's tax incentives and ongoing foreclosures are contributing factors.

A wave of foreclosures is damping consumer spending and spreading anger.

Obama would also suspend taxes on unemployment benefits and would place a 90-day moratorium on home foreclosures.

Resets on ARM, adjustable rate mortgages could set off a new wave of foreclosures.

More than 2. 2 million foreclosures are expected to have occurred this year.

Mr. Obama spoke in Arizona on Wednesday, where he unveiled a program to reduce home foreclosures.

More foreclosures look inevitable; the three big banks are unlikely to survive in their current form.

That means many foreclosures could have taken place based on false documentation.

Home size came in flat in 2008 and fell in 2009 as builders built smaller, less ornate homes priced lower to compete with foreclosures.

Foreclosures are also rare here, and many Chinese still pay cash for their homes, particularly in rural areas.

The steady drumbeat of foreclosures has continued; they have been running at a rate of over 300, 000 filings a month for the past 15 months.

Foreclosures accelerated in the United States in late 2006 and triggered a global financial crisis through 2007 and 2008.

We must stem the spread of foreclosures and do everything we can to help responsible homeowners stay in their homes.

Preventing foreclosures won't fix America's housing mess.

From job security to home foreclosures, there are plenty of things for people to worry about during a recession.

Foreclosures declined from January to February, but remained above 300, 000 for a 12th consecutive month.

The record level of defaults and foreclosures continues to add to the stock of unsold homes.

But many are seriously distressed (15-25 cents on the dollar) because they are the last to be paid in foreclosures.

Rising foreclosures will lead to billions of dollars in lost revenue next year in major U. S. cities.

Foreclosures left many houses vacant and deserted on the street.

The $50 billion programme to curb foreclosures is modest and short on detail.

Foreclosures rose again last month.

Foreclosures continue to rise in Florida and other U. S. states hit hard by the real estate crisis.

In 2007 and 2008, unscrupulous lending to borrowers with poor credit was blamed for most foreclosures.

We're heading for 1 million foreclosures this year, RealtyTrac says.

We should begin by breaking the cycle of deteriorating housing values and resulting foreclosures.

An administration official says there's an agreement to prevent foreclosures on mortgages the government takes over.

More and more homeowners are being faced with foreclosures and a lot have already lost their homes.

With so many foreclosures riddling the market, some buyers find that a coat of paint is hardly enough to rid a house of its creepy quotient.

I have read a number of articles on the web about the massive number of foreclosures going on.

Fourth, there is the prevention of foreclosures which was the initial focus of policy efforts.

The catch is that prices are unlikely to recover as long as millions of foreclosures are imminent.

Ironically, increased foreclosures actually help a company such as this.

Home prices are still falling, and foreclosures are running at 300, 000 a month.

There have been 28, 898 foreclosures in Sacramento County since 2005.

In addition, foreclosures are at an all time high.

We won't save the patient if we don't do something about the foreclosures.

That's what is happening to America right now, more and more people are unemployed and homeless. Foreclosures are going thru the roof.

In addition to what I want to do, which is the moratorium on foreclosures for 90 days to see what we can do to work them out. . .

Mr. Paulson said 1. 5 million home foreclosures were started in 2007 and that an estimated 2. 5 million more would take place this year.

For example, if you are selling a real estate course on buying foreclosures and you bid on the keyword "real estate" ?

Fannie posted credit loss provisions of $3. 1bn and swung to a loss of $2. 57 a share as home delinquencies and foreclosures rose.

The real danger is that prices could fall substantially further if there are widespread defaults and foreclosures.

Foreclosures rise 15 percent in first half of 2009.

Potential house buyers who foresee continued foreclosures are reluctant to buy now because they anticipate future price declines.

There is also a $50bn plan to prevent foreclosures by modifying mortgage loans.

The introduction of the plan came as the Mortgage Bankers Association said US home foreclosures reached a record high in the third quarter.

In 2009, the number of unemployed hovered at 400, 000 a month and foreclosures averaged300, 000.

That's just not an alternative. I mean, how many more home foreclosures would you have if you have a million people out of work?

The Dow has slumped to 1998 levels, and last year mortgage foreclosures rose 81 percent.

Home prices in big US cities dropped at a record rate last year as slumping sales and rising foreclosures hammered the housing market.

Courts have been approving foreclosures without requiring that mortgage servicers produce appropriate documentation;

Affordability is no longer the driving factor behind foreclosures;

The president's team wades into a debate over what is driving foreclosures

Preventing foreclosures won't fix America's housing mess. Encouraging banks to write down mortgages might

Pixie Dust Loses Magic as Foreclosures Slam Utopian Disney Town

a moratorium on mortgage foreclosures;

The government tries a new tack in the fight against mortgage foreclosures