Foreclosures Hit New Record - US News and World Report

ForeclosureS.com reports that 175,199 homes were lost to foreclosure in March--a new monthly record and a 44 percent increase from the previous month--as lenders lifted foreclosure moratoria. From the press release: Completed foreclosures hit another ..., more 
and 6 companies to get $9.9B under mortgage program - Charleston Daily Mail  WASHINGTON (AP) - The Obama administration has selected the first six companies to participate in a $50 billion program designed to help millions of struggling homeowners avoid foreclosure. The administration says the companies will receive a maximum ..., more 
and Foreclosure fight may need local touch-Cleveland Fed - Reuters  NEW YORK, April 15 (Reuters) - While the U.S. foreclosure crisis is a national phenomenon, tackling it may require a more local approach, according to a study by the Federal Reserve Bank of Cleveland. The study found that two neighborhoods that look ..., more