Home to Loan

After months of waiting, homeowners have something to cheer about. The five large U.S. banks – JPMorgan Chase Co. (NYSE:JPM – News), Bank of America Corporation (NYSE:BAC – News), Citigroup Inc. (NYSE:C – News), Ally Financial Inc. and Wells Fargo Company (NYSE:WFC – News) – accused of faulty foreclosure practices, have finally agreed to the [...]

(MoneyWatch)  President Obama is hailing the $26 billion foreclosure settlement as the beginning of a new era for the U.S. mortgage industry. He also minced no words in calling huge banks’ foreclosure practices “plainly irresponsible.” “We have reached a signpost settlement with the nation’s largest banks that will speed relief to the toughest hit homeowners, [...]

Stock Futures Signal Higher OpenReuters Futures pointed to an early uptick for equities on Wall Street on Wednesday, with futures for the SP 500, the …

NEW YORK (TheStreet) — A foreclosure settlement linking the banks and the 50 states Monday, if it does finally happen, will likely not have the positive outcomes that investors have been hoping for. Details of the deal emerging from recent press reports suggests that the states, while requiring banks to address their foreclosure procedures and [...]

New foreclosure filings were down 25 percent in Colorado during 2011, dropping to the lowest annual total reported in view of the fact that 2006, according to the Colorado Rift of Housing. There were 31,914 new foreclosure filings in Colorado during 2011, compared to 42,746 filed during 2010. According to the report released Wednesday, foreclosure [...]

New foreclosure filings were down 25 percent in Colorado during 2011, dropping to the lowest annual total reported in view of the fact that 2006, according to the Colorado Rift of Housing. There were 31,914 new foreclosure filings in Colorado during 2011, compared to 42,746 filed during 2010. According to the report released Wednesday, foreclosure [...]

The foreclosure picture is improving in the Pikes Peak region and around the state. Fewer homeowners fell into foreclosure during the initially month of 2012 in the Colorado Springs area, which continued a trend of cut-rate foreclosure endeavor during 2011 locally and statewide, according to a pair of reports released Wednesday. Foreclosure notices filed by [...]