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    May 22, 2013 |Story| South Florida Sun-Sentinel

  1. Aaron Gordon: Condo associations gain victory over banking lobby

    For the second year in a row, Florida's condominium associations dodged a financial bullet when legislators opted to favor voters rather than the powerful banking lobby. It was an important victory for the state's struggling community associations,...

    Tags: Elections, Interior Policy, Finance, Lobbying, Politics

    2. May 21, 2013 |Story| South Florida Sun-Sentinel

  2. OptimumBank leaders determined to ride out storm

    The numbers would make anyone blink: Bad loans account for nearly a fifth of Fort Lauderdale-based OptimumBank's $88.6 million loan portfolio. But this isn't a tale of woe from the Great Recession. It's happening this year. There may be more bad times ahead, warns new OptimumBank CEO Timothy Terry, but he is still hoping to turn a profit by the end of the year.
    The numbers would make anyone blink: Bad loans account for nearly a fifth of Fort Lauderdale-based OptimumBank's $88.6 million loan portfolio. But this isn't a tale of woe from the Great Recession. It's happening this year. There may be more bad times...

    Tags: Federal Deposit Insurance Corporation, Real Estate, Fort Lauderdale, Loans, Services and Shopping

    3. May 19, 2013 |Story| Los Angeles Times

  3. 3 big banks nearly halt foreclosure sales after U.S. tweaks orders

    Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The banks...

    Tags: Citigroup Incorporated, Mortgages, U.S. Department of the Treasury, JPMorgan Chase & Co., Financial and Business Services

    4. May 17, 2013 |Column| Chicago Tribune

  4. Deal bolsters prospects for stalled marina project

    A stalled residential marina development in Blue Island has been purchased by a south suburban company that built its name rehabbing foreclosed homes.
    A stalled residential marina development in Blue Island has been purchased by a south suburban company that built its name rehabbing foreclosed homes. Tinley Park-based Mack Cos. acquired 27 acres at Fay's Point, on a peninsula between the Cal-Sag...

    Tags: Real Estate, Federal Housing Administration, Finance, Realty, Broadway Theater

    5. May 17, 2013 |Story| Los Angeles Times

  5. Short sales routinely show up in credit reports as foreclosures

    WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a mutually agreeable resolution with their lender?
    WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...

    Tags: The Washington Post, Federal Housing Administration, Real Estate, Finance, Mortgages

    6. May 16, 2013 |Story| South Florida Sun-Sentinel

  6. Ask a real estate pro: Son's ex-wife won't go along with a short sale

    <img src="http://sunsent.nl/10BXRZP" alt="" align="left" hspace="5" />
    Sentinel Correspondent
    Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/housekeys each Friday. To ask him a question, click here. Q: My husband and I cosigned a loan for our son and his now ex-wife. Our son stayed in the...

    Tags: Legal Services, Justice System, Real Estate, Services and Shopping, Lawyers

    7. May 14, 2013 |Story| Chicago Tribune

  7. Highland Park, Deerfield differ on approaches to affordable housing

    Six months ago, Jose Rodriguez's cramped one-bedroom apartment had three beds in it. He and his wife shared one, and their two daughters bunked in the others.
    Six months ago, Jose Rodriguez's cramped one-bedroom apartment had three beds in it. He and his wife shared one, and their two daughters bunked in the others. Today, thanks to Highland Park's affordable housing program, the family has room to grow...

    Tags: Career and Workplace, Labor Legislation, Homes, Chicago Housing Authority

    8. May 11, 2013 |Story| South Florida Sun-Sentinel

  8. Flippers playing role in South Florida's housing recovery

    Home flippers got a bad name during the housing boom. They sold properties for big profits in days or weeks, and the rapid price appreciation created a frenzy that led to the eventual bust.
    Home flippers got a bad name during the housing boom. They sold properties for big profits in days or weeks, and the rapid price appreciation created a frenzy that led to the eventual bust. But today's flippers are getting credit for helping the...

    Tags: Real Estate, Miami (Miami-Dade, Florida), Realty, Services and Shopping, Boca Raton

    9. May 24, 2013 |Story| Los Angeles Times

  9. George Packer chronicles American boom and bust in 'The Unwinding'

    George Packer's new nonfiction book, "The Unwinding: An Inner History of the New America," has many of the qualities of an epic novel. Packer's subject is the last 35 years of U.S. history, the decades that gave us the conservative "Contract With...

    Tags: Real Estate, Biofuels, Authors, Values, Oprah Winfrey

    10. May 22, 2013 |Story| Baltimore Sun

  10. $1.3 billion in consumer relief so far for Marylanders from mortgage settlement

    The Baltimore Sun
    Marylanders received more than $1.3 billion in relief from the National Mortgage Settlement during a 12-month period, Attorney General Douglas F. Gansler announced Tuesday. That assistance went to nearly 17,000 mortgage borrowers between March 1, 2012...

    Tags: Real Estate, Bank of America Corp., Finance, Citigroup Incorporated, Mortgages

    11. May 27, 2013 |Story| Los Angeles Times

  11. Kickbacks as 'a natural part of business' at Fannie Mae alleged

    Before dawn one hazy March day in L.A., Armando Granillo pulled his SUV into a Starbucks near MacArthur Park, where he planned to pick up an envelope full of cash from an Arizona real estate broker, federal investigators say.
    Before dawn one hazy March day in L.A., Armando Granillo pulled his SUV into a Starbucks near MacArthur Park, where he planned to pick up an envelope full of cash from an Arizona real estate broker, federal investigators say. Granillo, a foreclosure...

    Tags: Real Estate, Finance, Autism, Loans, Mortgages

    12. May 6, 2013 |Story| Chicago Tribune

  12. City to pay $325,000 to settle case against former top DUI cop

    The City Council Finance Committee on Monday recommended paying out $525,000 to settle two cases of alleged police misconduct, one involving a cop stripped of his police powers who still works for the department.
    The City Council Finance Committee on Monday recommended paying out $525,000 to settle two cases of alleged police misconduct, one involving a cop stripped of his police powers who still works for the department. If approved by the full council on...

    Tags: Justice System, Legal Services, Services and Shopping, Trials, Property

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Foreclosures Photos
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 » All 12 Foreclosures photos