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Foreclosures

5:54 p.m. May 2, 2021 - By Quentin Fottrell
My sister inherited the family home, but not the contents. She set up a ‘garage sale’ — and key items were missing. Should I pursue legal action? ‘She kept saying, “I have to think about my retirement.” She is 67. I think she is padding her 401(k) with everything she can get her hands on’‘She kept saying, “I have to think about my retirement.” She is 67. I think she is padding her 401(k) with everything she can get her hands on.’
8:14 a.m. May 1, 2021 - By Quentin Fottrell
My sister’s home is in foreclosure, so she’s moving in with our parents. She posted on Facebook that she deserves their home. What should I do? ‘She is the power of attorney for my parents and will be executor of their will. She is getting a payment from Veterans Affairs to take care of them’‘She is the power of attorney for my parents and will be executor of their will. She is getting a payment from Veterans Affairs to take care of them.’
5:05 a.m. April 29, 2021 - By Robert Schroeder
Here’s where Biden stands on key goals at his 100-day mark Targets on vaccinations, climate have been met, but other plans are works in progressHundreds of millions of shots in arms? Check. A $15 minimum wage? Stalled. Raising taxes on corporations? A work in progress. Here’s where President Joe Biden stands on some key goals as he hits his 100-day mark.
3:16 a.m. Nov. 9, 2020 - By Jacob Passy
What a Biden administration will mean for housing-finance reform The Trump administration has pursued the recapitalization of Fannie Mae and Freddie Mac, but a Biden administration will likely have different goalsThe Trump administration has pursued the recapitalization of Fannie Mae and Freddie Mac, but a Biden administration will likely have different goals.
7:34 a.m. Nov. 2, 2020 - By Andrew Keshner
‘It’s a grim cut off’: Washington abandoned a stimulus deal, so much of America’s temporary financial safety net will expire The help that Americans have been getting with rent, unemployment benefits, student loans, paid leave and more is scheduled to end soonThe help that Americans have been getting with rent, unemployment benefits, student loans, paid leave and more is scheduled to end soon.
12:41 p.m. Oct. 3, 2020 - By Keith Jurow
The COVID-19 lockdown is squeezing real estate from all sides and threatens to burst the housing and mortgage bubble Sooner or later, homeowners in this frothy U.S. housing market must pay the piperSooner or later, homeowners in this frothy U.S. housing market must pay the piper, writes Keith Jurow.
6:41 a.m. Aug. 25, 2020 - By Jacob Passy
New home sales surged to highest level since 2006 in July, but builders could soon face headwinds New home sales were up 36% compared to a year agoNew home sales were up 36% compared to a year ago.
4:32 a.m. Aug. 21, 2020 - By Tomi Kilgore
Home sellers still have the upper hand over buyers, Zillow report showsHomes sellers have expanded their advantage over buyers, as monthly growth in home prices accelerated at the fastest pace in eight years, according to real estate services company Zillow Group Inc.'s Real Estate Market Report, but the pace of home price increases could slow over the next year. Month-over-month growth in home values increased to 0.48% in July from 0.4% in June, the biggest one-month acceleration since May 2012, as there was growth in each of the top 50 metro areas in the U.S., bolstered by the continued inventory shortage. The price of a typical home was $253,527 in July, which is up 4.5% from a year ago. As of the week ending Aug. 15, inventory fell 28.4% from last year. Zillow expects year-over-year growth to slow to 3.6% over the next 12 months. "While the housing market has so far sailed through the headwind of high unemployment, risks remain," said Zillow Economist Jeff Tucker. "A slow economic recovery that keeps millions of Americans looking for work could dampen home buying demand and may even lead to a wave of foreclosures when forbearance expires. This pessimistic possible outcome for 2021 has caused Zillow's price forecast to shade down a bit." Zillow's Class C shares, which fell 1.0% in premarket trading Friday, has soared 80.3% year to date through Thursday, while the S&P 500 has gained 4.8%.
8:23 a.m. Aug. 8, 2020 - By Jacob Passy
The number of Americans skipping mortgage payments is falling — except among these borrowers Forbearance plans allow mortgage borrowers to make reduced payments or skip monthly paymentsForbearance plans allow mortgage borrowers to make reduced payments or skip monthly payments.
8:34 a.m. July 26, 2020 - By Jacob Passy
America is facing an eviction crisis as moratoriums expire: ‘This is a potential catastrophe’ Democratic lawmakers have proposed legislation to extend and to expand the federal moratorium on evictions, which is set to expire in just a few daysDemocratic lawmakers have proposed legislation to extend and to expand the federal moratorium on evictions, which is set to expire in just a few days.
8:11 a.m. July 18, 2020 - By Joy Wiltermuth
The open secret in commercial real estate is that owners regularly take cash out of properties — here’s a look at how much There is nothing to ‘stop the hammer from coming down,’ says one lender Commercial real estate is reeling from the pandemic, leading to a chorus of calls for more aid for struggling landlords. Does it matter that borrowers, for decades, already took billions out of properties when they refinanced?
11:39 a.m. July 17, 2020 - By Azure Gilman
Mass evictions: The next crisis that could hit New York City 50,000 renters may face eviction proceedings when courts fully reopen, advocates warnMany are hoping that the proposed $3 trillion Heroes Act, now stalled, will provide rent relief.
7:47 a.m. July 6, 2020 - By Joy Wiltermuth
Commercial real estate ‘somehow has been skipped over,’ for COVID-19 aid. Here’s a plan to change that through equity investments The plan would deliver cash to borrowers directlyThe federal government is being urged by a top real estate group to take an equity stake in U.S. commercial buildings over the next 12 month, through a facility designed to keep borrowers from defaulting during the pandemic and preventing property prices from a downward spiral.
6:17 a.m. June 1, 2020 - By Jacob Passy
Is this a good time to buy a home? Here’s what you need to know to score a deal ‘Investors who own Airbnb properties are looking for immediate liquidity’‘Investors who own Airbnb properties are looking for immediate liquidity.’
3:58 a.m. May 17, 2020 - By Jacob Passy
Mortgage delinquencies caused by the coronavirus will exceed Great Recession levels, according to this forecast The troubles homeowners face now could make it harder for other people to get home loans in the futureThe troubles homeowners face now could make it harder for other people to get home loans in the future.
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