BASKING RIDGE, N.J. , June 22 -- As Fannie Mae began implementing the Obama administration's new Making Home Affordable program to prevent foreclosures and support sustainable homeownership, the mortgage finance company needed to significantly expand ..., more
and Citi urges governments to pull bank foreclosure trigger - Reuters LONDON (Reuters) - Toxic real estate mortgages are holding the global economy to ransom and the banking sector will not return to health without a purge of its distressed property assets, the CEO of Citigroup Property Investors said. The burgeoning ..., more
and Local Governments Charge for Neglected Lawns - ABC News Apparently, mowing the lawn isn't just a job for neighborhood kids anymore. Mazo was caught up in a recession-related trend that usually involves properties that -- unlike Mazo's home -- are still in foreclosure or are bank-owned. As many towns face ..., more
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