Dec 31 The Year in Foreclosure Reports By Paul Solman Mortgage paperwork was a mess. Foreclosures were rampant. Homeowners went through months-long modifications, losing hope when it all fell through. The housing crisis was one of the major stories of the year. And as 2010 draws to a… Continue reading
Dec 31 Alyssa Katz: How Government Is Failing the Homeowner By Paul Solman We last spoke with journalist and author Alyssa Katz back in October 2009. She had just finished writing "Our Lot," a book on the history of America's housing market. "The issue is that the investors and investment… Continue reading
Dec 31 Alyssa Katz: How Government Is Failing the Homeowner We last spoke with journalist and author Alyssa Katz back in October 2009. She had just finished writing "Our Lot," a book on the history of America's housing market. "The issue is that the investors and investment banks… Continue reading
Dec 30 On Thursday's NewsHour: Wall Street Check-up, Sudan Secession Vote ECONOMIC RECOVERY UPDATE | Fewer Americans applied for unemployment benefits last week, raising hopes for a healthier job market next year. Jeffrey Brown recaps the latest numbers and takes an end-of-the-year look at the stock market with Roben Farzad… Continue reading
Dec 30 Watch Wall Street Enjoys 'Rip-Roaring' 2 Years, But Main Street's Woes Remain The slow process of economic recovery is far from over for the U.S., but there were glimmers of good news in 2010's closing days as jobless benefit claims hit their lowest level in 30 months and the stock market gained… Continue watching
Dec 30 The Economy in 2010: Stories You May Have Missed A full two years after the financial crisis hit (and even longer if you look at the start of the housing bust), Americans are all too familiar with the gloom and disappointment that largely dominated the economic headlines this… Continue reading
Dec 30 Foreclosure Fight? Bankruptcy Is Best, Says the Dean Name: Laura Hanson Question: Like so many others, I have an unaffordable mortgage getting worse every day. Eventually I will have to foreclose or sell. Is there only help for people who are already foreclosing or is it possible to… Continue reading
Dec 30 The American Dream Deferred: What Befell our Strategic Defaulters? We've devoted a lot of attention to the foreclosure crisis threatening the homes of so many Americans, and to various ways they've sought help: non-profit third parties; the government's loan modification program, HAMP. But you may remember… Continue reading
Dec 30 The Loan Mod Squad: A Request to Business Desk Readers Name: Toby Hanna Question: I purchased a house in 2006. A year ago I tried to get the loan modified with the help of a modification company that cost me $2,000. Bank of America sent modification papers in September… Continue reading
Dec 29 Robert the Robot, the Mechanical Man Name: Jose Question: In Virginia we have a non-judicial foreclosure process. The servicers and their attorneys refuse to provide information as to who the true creditor is, they refuse to answer qualified written requests -- they apparently have a license… Continue reading