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Tag Archives: homeowners

Foreclosure activity edges higher in January

LOS ANGELES — Banks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating after slowing sharply last year while lenders sorted out foreclosure-abuse claims. Foreclosures rose 8 percent nationally last ...

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Late payments on mortgages rise again in 4Q

NEW YORK — Late payments on mortgages ticked up in the last three months of 2011, the second straight quarter-to-quarter increase after nearly two years of steady decline. Credit reporting agency TransUnion said 6.01 percent of mortgage holders were behind ...

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Home prices dropped in November in most U.S. cities

WASHINGTON — U.S. home prices fell for a third straight month in nearly all cities tracked by a major index. The declines show that most homeowners are not reaping the benefits from some signs of an improving housing market. Prices ...

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Sales contracts for homes dip from 19-month high

WASHINGTON — The number of Americans who signed contracts to buy homes fell in December after hitting the highest level in a year and a half a month earlier. The National Association of Realtors said Wednesday its index of sales ...

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Justices criticize EPA’s dealings with homeowners

WASHINGTON — Several conservative members of the Supreme Court criticized the Environmental Protection Agency on Monday for heavy-handed enforcement of rules affecting homeowners after the government told an Idaho couple they can’t challenge an order declaring their future home site ...

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Top 5: ‘Poor people will be getting a lot more justice’

Maryland’s top court made big news this week when it ruled that criminal defendants have a right to council at their initial bail hearings. That story and more in this week’s legal affairs top 5. 1. Court: Defendants have right ...

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Va. man accused of ripping off Md. homeowners

ROCKVILLE — A Virginia man is accused of ripping off several Maryland homeowners by falsely promising home improvement work. Montgomery County Police say Karl Leroy Davis, of Alexandria, would meet with homeowners, promise to make home improvements and then cash ...

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2012 mortgage delinquencies seen dropping sharply

NEW YORK  — If the U.S. economy does not suffer more setbacks, the rate of mortgage holders behind on their payments should decline significantly by the end of next year, according to credit reporting agency TransUnion. Mortgage delinquency rates — ...

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Fannie Mae opens foreclosure center in Greenbelt

GREENBELT — Mortgage giant Fannie Mae has opened a center in Prince George’s County to help homeowners who are facing foreclosure The company opened the Capital Area Mortgage Help Center in Greenbelt on Wednesday. It will provide free education and ...

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