Foreclosures

How to Lose Your Home (and Keep Your Mortgage)

After seizing control of a condo association, a Pennsylvania developer has forced 11 homeowners to sell their units for as little as a third of their appraised value, leaving them stranded with crippling mortgages, Teke Wiggin reports.

June 30, 2012 - AOL Real Estate

In the Wake of Foreclosures, Nationwide Rents Hit All-Time High

Struggling families and young professionals are competing for a dwindling supply of ever more pricey rentals, Alejandro Lazo reports.

May 10, 2012 - Los Angeles Times

Snapping Up Foreclosures on a Whole New Scale

A California real estate group aims to capitalize on cheap foreclosures, collecting homes en masse thanks to a semi-automated decisionmaking system.

April 5, 2012 - The New York Times

Are Signs Pointing to a Housing Recovery or Relapse?

Are we alone in being a bit confused by recent reports on the state of the housing market? Two recent articles muddy the waters on whether signs are pointing to a housing market recovery or relapse.

March 29, 2012 - The Wall Street Journal

Tapping into the Rental Market with Foreclosed Homes

In an effort to stabilize neighborhoods and reduce the glut of foreclosures in the marketplace, Fannie Mae is beginning to sell foreclosed properties in bulk to investors to test the market for rental homes, write Alan Zibel and Nick Timiraos.

February 28, 2012 - The Wall Street Journal - Developments Blog

Getting Bullish on Housing

Peter Coy and Prashant Gopal report on recent developments in the housing market that may signal a solution to the four-year-old crisis.

February 9, 2012 - Bloomberg/Business Week

On the Docket: Stabilizing Neighborhoods in Cleveland

Real estate speculators are being fined big bucks in Cleveland for letting properties sit vacant, but the jury's still out on whether this is the key to stabilizing neighborhoods.

January 22, 2012 - Shelterforce

Foreclosing on the African American Community

January 9, 2012 - John I. Gilderbloom

The 'Sword and Shield' Approach to Preventing Foreclosure Evictions

An innovative tenants-rights organization in Boston combines community activism and financial backing to force banks to sell foreclosed homes back to the previous owners.

January 8, 2012 - Shelterforce

Apartment Vacancies Reach 10-Year Low

Apartment rents rise as housing sales remain rocky, foreclosure rates increase, and mortgage requirements increase.

January 6, 2012 - Crains New York Business

Bank Doesn't Need Proof it Owns Your Mortgage to Foreclose in Colorado

Starting in 2002, the Colorado legislature began to make it easier to foreclose on properties in Colorado. Original loan documents are no longer required to prove the bank actually owns the property.

October 1, 2011 - The Denver Post

Citi Gives $2.75m for Neighborhood Stabilization Programs

Multinational financial services company Citigroup was bailed out by federal stimulus funds after taking large losses on bad mortgages. Today, Citi Foundation is helping fund projects in 10 metro areas to increase stability and prevent foreclosures.

September 30, 2011 - Citi

Cleveland's Land Bank Fights Blight of Foreclosures

With a high rate of foreclosure, Cleveland instituted a land bank to rein in rampant vacancies. After two years, the program has made some headway.

August 30, 2011 - NPR

Turning Foreclosures into Rentals

As the Federal Housing Administration looks for new ways of dealing with the nation's foreclosed homes, more voices are calling for those homes to be repurposed as rentals.

August 11, 2011 - Marketplace

Inside California's Foreclosures

California's San Joaquin Valley has become a hotbed of foreclosed homes. But beyond mere statistics, these homes are real places, and a new series of photographs documents them as scenes of surrender and abandonment.

July 19, 2011 - Places

L.A. tries to Sue Superbank 'Slumlord'

The city of Los Angeles is attempting to sue Deutsche Bank, the owner of thousands of foreclosed and blighted homes in the city. If it works, other cities could follow.

May 7, 2011 - Marketplace

Tensions in Condo Complexes Over Foreclosures, Neglect

Reporter Dan Fitzpatrick goes to Florida, where slow foreclosures are making cranky neighbors who are footing the bill for the upkeep.

January 1, 2011 - The Wall St. Journal

A Decade of Growth, But Then the Bust

Nevada was the fastest growing state in the nation over the last ten years, but amid that growth has been a severe economic downturn.

December 29, 2010 - The New York Times

Hardly a Celebration

With a recent murder, a shootout-turned-suicide, and a high rate of foreclosure, the reality of Celebration, Florida, is less ideal than appearances would suggest.

December 28, 2010 - Next American City

A Photographic Tour of a Foreclosure Hotbed

Modesto, California has one of the highest rates of foreclosure in the U.S. This collection of photography documents the city's abandoned homes.

December 10, 2010 - Telstar Logistics

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