From the daily archives:

Tuesday, December 8, 2009

Quarter of borrowers in anti-foreclosure plan are behind – Washington Post


WHTC
Quarter of borrowers in anti-foreclosure plan are behind
Washington Post
About 25 percent of borrowers helped under the administration's massive foreclosure prevention plan have already fallen behind on their new
Quarter in US Foreclosure Plan Late on PaymentsABC News
Saving More Homes for the Same MoneyWall Street Journal
Modifications are not likely to halt foreclosuresDallas Morning News
New York Times -TMCnet -Housing Wire
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US program to avert foreclosures called a failure – Forbes

US program to avert foreclosures called a failure
Forbes
"There is great frustration at the failure of the government to come to grips with the foreclosure issue," committee chairman Barney Frank of Massachusetts
Most Targeted for Mortgage Relief Don't Qualify, Official SaysBloomberg
Klein, Committee Examine Solutions for Mortgage CrisisRealEstateRama

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Shelters Filling Up As Foreclosures Rise

by Tony on December 8, 2009

SelectPlusShelters Filling Up As Foreclosures RiseShelters Filling Up As Foreclosures RiseThe Associated PressThe tough economic times hitting the nations are having an effect on pets and pet shelters. (Aug. 6)[Notes:ANCHOR VOICE] [Notes:various inside shelter]A new victim of the high rate of foreclosures is emerging — pets.At the Newark, New Jersey animal shelter, the cages are filling fastSOT: Denton Infield, Humane Society of Newark: “people losing their homes to foreclosures. People …

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AP Analysis: US Economy Entering Sluggish Recovery – ABC News


ABC News
AP Analysis: US Economy Entering Sluggish Recovery
ABC News
Some states saw slight improvement or stabilization, thanks to steadying foreclosure and bankruptcy rates. But the gains may be brief.

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Bank: We’re tops in fixing mortgages – Orlando Sentinel

Bank: We're tops in fixing mortgages
Orlando Sentinel
It also raised the possibility that companies could be penalized if their efforts are falling short of real foreclosure prevention.
Bank of America Says US Home Loan Modifications Top 160000Bloomberg
Bank of America says it modified 600000 mortgages since January 2008Los Angeles Times
Bank of America assists more than 600000 customers to keep homesTrading Markets (press release)

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