Feb
18
The $25 billion settlement with banks over foreclosure abuses may trigger a wave of home seizures, inflicting short-term pain on delinquent U.S. borrowers while making a long-term housing recovery more likely. Lenders slowed the pace of foreclosures as they negotiated with attorneys general in all 50 states for more than a year over allegations of …
Jan
27
January 26, 2012, 12:15 AM EST Jan. 25 (Bloomberg) — U.S. home prices fell 1.8 percent in November from a year earlier, as foreclosures held back a recovery in property values. The decline was led by a 4.2 percent decrease in the region that includes California and Hawaii, the Federal Housing Finance Agency said today …