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Lawmakers Battle Over Foreclosure Remedies June 20, 2010, Press Enterprise The number of mortgage defaults and home foreclosures is falling in the Inland area and around the state, but the tug of war between the lending industry and people pushing for…(read more)

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Ex-Wing Sergei Fedorov facing foreclosures June 18, 2010 — The Detroit News Sergei Fedorov's hockey career has taken him from Russia to Detroit, California, Ohio and Washington, but he can't seem to skate away from his money problems. House…(read more)

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Senate approves creating Treasury office to hear appeals in foreclosure relief June 16, 2010 — Washington Post The Senate approved an amendment Wednesday to create an advocacy office within the Treasury Department that would investigate complaints…(read more)

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High Default Rate Seen for Modified Mortgages June 16, 2010, Wall Street Journal Fitch Ratings Ltd. forecasts that most borrowers who get lower mortgage payments under a federal government program will default within 12 months. Among those with loans…(read more)

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Is a housing shortage coming? June 15, 2010 — CNNMoney NEW YORK — As the nation struggles to shrug off the worst housing crash since the Great Depression, it may be hard to believe a housing shortage could be on its way. Extension of Tax Credit…(read more)

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Homeowners in mediation programs face court backlog of foreclosure cases June 12, 2010 — Washington Post Shortly after Orlando Eslava's bank started to push him through the foreclosure process last year, he got some good news: He was eligible…(read more)

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U.S. Home Foreclosures Climb 44% to Record in May Bloomberg, June 11, 2010 U.S. home foreclosures reached a record for the second consecutive month in May, with increases in every state, as lenders stepped up property seizures, according to RealtyTrac…(read more)

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May Foreclosure Rate Steadies as Banks Hold Back Associated Press, June 10, 2010 The number of people facing foreclosure is nearly flat from a year ago, according to the latest report from a private foreclosure listing service. A third fewer people are…(read more)

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Bernanke Issues Deficit Warning Wall Street Journal, June 9, 2010 The U.S. economy should continued to grow this year and next, but the pace won't be strong enough to fix the jobs market and cut a huge budget deficit, the Federal Reserve chief said…(read more)

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Alt-A Delinquencies Fall For Second Straight Month – Fitch Associated Press, June 7, 2010 Delinquencies among alt-A residential mortgages packaged into residential mortgage-backed securities dropped in May — extending a decline that began a month…(read more)

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