Foreclosures
Spain freezes home evictions for two years
Nov 12, 2012 07:35 EST
Spain's AEB banking association on Monday announced it would freeze for two years the eviction of people from foreclosed homes.
Las Vegas eyes turnaround, as Obama bets on recovery
Sep 30, 2012 16:33 EDT
Like "everybody" in 2005, Las Vegas casino worker Jay Nagasako bought his house -- for $244,000, thinking it was a one-way bet to wealth and security.
Romney hails US Olympic haul, Mars landing
Aug 13, 2012 12:29 EDT
Mitt Romney tried to inspire smaller crowds with talk of US victories in the Olympics and the space race Monday after a weekend of super-sized events with new running mate Paul Ryan.
US regulator torpedoes Obama mortgage plan
Jul 31, 2012 17:27 EDT
The US regulator in charge of state-backed mortgage firms Fannie Mae and Freddie Mac on Tuesday rejected an Obama administration plan to ease the housing crisis by forgiving some outstanding home loans.
US home foreclosure filings rise
Jul 12, 2012 00:25 EDT
US home foreclosure filings rose in the second quarter for the first time in two years, according to a report released Thursday.
NATO protesters march in Chicago ahead of summit
May 16, 2012 15:11 EDT
Protesters chanting "Fight! Fight! Fight! Housing is a human right!" marched in Chicago Wednesday using the upcoming NATO summit as an opportunity to draw attention to the US foreclosure crisis.
Obama touts reelection bid in foreclosure epicenter
May 11, 2012 17:07 EDT
President Barack Obama stood at the epicenter of the US foreclosure crisis threatening his reelection Friday, sending a call to Congress to act from a neat street in swing state Nevada.
Obama team slams Romney's views in video campaign
Apr 11, 2012 13:24 EDT
President Barack Obama's campaign lashed out Wednesday at Republican nominee-in-waiting Mitt Romney in a video focusing on his "severely conservative" views and campaign trail gaffes.
US, banks seal $25bn mortgage settlement
Mar 12, 2012 16:48 EDT
The US government and five big banks sealed a $25 billion deal Monday aimed at addressing widespread mortgage abuses and getting the depressed housing market restarted.
Shipping firms face bank debt mutiny
Feb 24, 2012 11:45 EST
LONDON (Reuters) - Troubled shipping companies face the threat of seizures of their vessels as banks lose patience with an industry struggling with overcapacity and falling demand, industry players say.
Regulator outlines new plan to oversee Fannie, Freddie
Feb 21, 2012 12:03 EST
WASHINGTON (Reuters) - The regulator of housing giants Fannie Mae and Freddie Mac on Tuesday outlined a new strategic plan to Congress on how it will oversee the two firms more than three years after they were taken over by the federal government.
Foreclosure abuse rampant across U.S., experts say
Feb 16, 2012 20:57 EST
LOS ANGELES (Reuters) - A report this week showing rampant foreclosure abuse in San Francisco reflects similar levels of lender fraud and faulty documentation across the United States, say experts and officials who have done studies in other parts of the country.
Home resales at 1-1/2 year-high, supply falls
Feb 16, 2012 08:35 EST
WASHINGTON (Reuters) - U.S. home resales rose to a 1-1/2 year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing sector.
The U.S. foreclosure crisis, Beverly Hills-style
Feb 16, 2012 00:05 EST
BEVERLY HILLS (Reuters) - The careworn house not far from Santa Monica Boulevard resembles millions of other homes that have been foreclosed on since the calamitous U.S. housing crash four years ago.
California economy to slowly improve in 2012: study
Feb 15, 2012 04:20 EST
LOS ANGELES (Reuters) - California's economy, the biggest in the United States and the ninth-largest in the world, will see a slight improvement in 2012 but a recovery in the crucial housing market is at least two years away, according to a report released on Wednesday.
US stocks mixed on Greek debt, US mortgage deals
Feb 09, 2012 10:52 EST
US stocks were mixed in early trade Thursday despite news of a long-awaited deal on Greece's debt and a multi-billion dollar settlement between US states and major banks over shoddy mortgage foreclosure practices.
US stocks jump on Greek debt, US mortgage deals
Feb 09, 2012 10:00 EST
News of a long-awaited deal on Greece's debt and multi-billion dollar settlement between US states and major banks over shoddy mortgage foreclosure practices sent US stocks higher on opening Thursday.
Holdout states lured back into mortgage deal
Feb 06, 2012 19:11 EST
(Reuters) - California and New York, two key holdout states for a multi-state mortgage settlement, are expected to join the deal, smoothing the way for an announcement expected on Thursday, according to a person familiar with the matter.
Mortgage deal nears as holdout states join
Feb 06, 2012 19:11 EST
(Reuters) - California and New York, two big holdout states in a $25 billion mortgage settlement, are expected to join the deal, smoothing the way for an announcement on Thursday, according to a person familiar with the matter.
U.S. reaches mortgage settlement with top banks
Feb 06, 2012 19:11 EST
WASHINGTON (Reuters) - The biggest U.S. banks will provide about $25 billion in relief to distressed homeowners, as state and federal officials hold lenders responsible for taking illegal shortcuts during foreclosures and for other deceptive practices.
