foreclosures

The plan, intended to stem a tide of foreclosures, includes reduced interest rates and extended payment periods for hundreds of thousands of mortgages.

This was the year foreclosures soared, Wall Street transformed and the government opened its coffers to financial institutions.

The sagging economy is weighing on consumers and the trend of cutting back is being reflected in our lexicon.

The report from the Center for Urban and Regional Policy at Northeastern University found that the number of foreclosures on single family homes in the city has increased by more than 100 percent each year since 2005....

Foreclosures, gas prices, Wall Street wipeouts -- the daily barrage of bad news has taken a toll on the American consumer, whose confidence in the economy has dropped to almost 50%.

Steve Henn reports.

The statistics are grim: Inflation is at a 17-year high. Unemployment is rising. Foreclosures are spreading.

City officials and community activists can't wait to get their hands on nearly $4 billion the federal government is about to inject into blighted neighborhoods suffering from record foreclosures.

Over the weekend, the Senate approved housing bailout legislation that's primarily designed to help troubled homeowners and slow the rate of foreclosures.

But the legislation, which President Bush is expected to sign this week, also includes provisions that could help families who are in no danger of losing their homes.

Hope Now, the mortgage industry alliance of lenders, servicers and housing counselors, reported Wednesday that it helped roughly 170,000 homeowners avoid foreclosure in the month of May.

For many real estate agents, these aren't exactly the best of times. Don't put David McIlvaine in that category.

The report from the Pew Center on the States and the Pew Health and Human Services Program found that, in addition to homeowners directly affected by foreclosure, as many as forty million neighboring homeowners may see their property values decline...