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Easton takes aim at vacant properties
The Pomeroy's building in the 300 block of Northampton Street has restaurants and apartments filled with tenants and, in less than a year since reopening, has become a redevelopment success story for Easton's downtown. But for more than 30 years the...Tags: Easton (Easton, Pennsylvania), Rental Service, Easton (Northampton, Pennsylvania), Crime, Law and Justice, Fannie Mae
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Foreclosure fights drag market down
Janet and Paul Arndt fell behind on their bills a couple of years ago after Janet lost her job as an office administrator and Paul had back and neck problems that prevented him from working as a painter. Their Heidelberg Township home went into...
Tags: Unemployment, Economy, Business and Finance, Northampton County (Pennsylvania), JPMorgan Chase & Co., Bank of America Corp.
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Small Wonders: Jumping into housing bubble 2.0
Dear Home Seller, Thank you for allowing us in your home during yesterday's open house. Our Realtor suggested we include this personal letter with our bid to set us apart from the 83 other offers you're likely drooling over right now. I'm supposed...
Tags: Homes, Services and Shopping, Real Estate Buyers, Inventories, Real Estate Sellers
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Unfulfilled promises for borrowers
A year ago, a $25 billion settlement ordered banks to do a better job helping troubled homeowners, and to end the stories of borrowers trapped in a confusing web of mortgage negotiations leading to foreclosure. The stories, however, keep coming, even as...Tags: Mortgages, Wells Fargo & Co., Banking, Bank of America Corp., Financial and Business Services
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SPECIAL REPORT: Cheap money bankrolls Wall Street's bet on housing
Reuters* Institutional investors inflating Las Vegas market * Fed easy money policy boosting some housing markets * Some investors backing away from housing trade * Vegas residents fear being priced out by Wall St. speculators By Matthew Goldstein LAS...Tags: Auction Service, Deutsche Bank AG, Blackstone Group, L.P., Zappos.com, Condos and Houses
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Divorce court weds power and privacy
J.F.'s marriage was crumbling in 2010, but he didn't want that public. J.F. is a well-known Chicago politician, and when he and his wife ended up in divorce court, he asked that their names be kept secret to avoid a “media frenzy.” Despite...
Tags: Laws, Todd H. Stroger, Lawyers, New Year's Day, Local Government
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Crime in Chicago's vacant property soars 48% since 2005
Tribune staff reporterMore than 2,600 crimes were reported in Chicago's abandoned buildings and vacant lots last year, a 48 percent increase from 2005 that equates to an average of seven reported crimes on any given day in 2012, according to a study released Tuesday....Tags: Rentals, Auction Service, Rental Service, Lawyers, Richard F. Mell
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Crime rises in abandoned buildings, vacant lots
Community groups expected to voice their support Wednesday for a proposed ordinance designed to protect or compensate displaced tenants in foreclosed rental buildings have a new set of figures to sway opponents. More than 2,600 crimes were reported in...
Tags: Rentals, Rental Service, Lawyers, Chicago Mayor, Richard F. Mell
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Buying foreclosures requires patience, and a little more money
It's still possible to buy a foreclosure and make it the home of your dreams. It's just harder these days. Investors, both individuals and national corporations, are rushing into the market with the intent of turning foreclosed properties into cash-...
Tags: Finance, Rentals, Federal Housing Administration, Property, Services and Shopping
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Foreclosure building plan would offer Chicago renters $12,000 to move
Lenders that repossess rental buildings in Chicago — or anyone who buys a rental building at a court-ordered foreclosure auction — would have to pay tenants $12,000 per unit to move or offer them rent-controlled extended leases until the...
Tags: Rentals, Auction Service, Rental Service, Chicago Mayor, Richard F. Mell
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In Washington National, they trusted
More than 50 struggling Chicago-area homeowners last year placed their faith and their savings into the hands of Washington National Trust, which promised to save their homes from foreclosure. The homeowners, most of them Hispanic and living in Aurora,...
Tags: Auction Service, Breach of Contract, Labor Legislation, Litigation and Regulation, Cook County Government
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Where US economy has, and hasn't, yet recovered
WASHINGTON (AP) — From household wealth to spending at stores, many of the U.S. economy's vital signs have recovered from the damage done by the Great Recession. Home foreclosures and layoffs have dropped to pre-recession levels. Economic output...
Tags: Gross Domestic Product, Health and Safety at Work, Unemployment Benefits, Homes, Unemployment
May 3, 2013
|Story| Allentown Morning Call
May 4, 2013
|Story| Allentown Morning Call
May 3, 2013
|Story| Glendale News Press
May 3, 2013
|Story| Chicago Tribune
May 2, 2013
|Story| Reuters
Apr 28, 2013
|Story| Chicago Tribune
Apr 30, 2013
|Story| Chicago Tribune
May 1, 2013
|Story| Chicago Tribune
Apr 5, 2013
|Column| Chicago Tribune
Apr 25, 2013
|Story| Chicago Tribune
Apr 7, 2013
|Story| Chicago Tribune
Apr 5, 2013
|Story| Petoskey News
Original site for Foreclosures topic gallery.
