Wednesday, October 1, 2014 10:19 PM EST

Foreclosures

Foreclosure is a process in which the estate becomes the absolute property of the lending institution. The process has become rampant, especially in US markets, following the financial meltdown of 2008.

Headlines Around the Web

Mortgages and Morality in Ireland

Sep 20, 2013 - Business Week

Where home prices haven’t hit bottom

Jul 12, 2013 - MarketWatch

5 states with highest foreclosure rates

Jun 13, 2013 - MarketWatch

HSBC case marks a moral rehabilitation

Jun 05, 2013 - Financial Times

How long a foreclosure takes in your state

Dec 03, 2012 - MarketWatch

Mortgage delinquencies, foreclosures drop

Nov 16, 2012 - MarketWatch

Banks not making getting a mortgage easier

Nov 01, 2012 - MarketWatch

Surcharge for slow foreclosures proposed

Sep 20, 2012 - Financial Times

Articles About Foreclosures

BoE’s David Miles: 'Great Recession Could Have Been Less Severe' if Homeowners Shared Equity with Investors

By IBTimes UK

Bank of England policymaker David Miles says equity sharing between homebuyers and investors reduces dangerous mortgage debt reliance. (Nov 15)

MORE TOPICS: FEDERAL RESERVE, BANK OF ENGLAND, MORTGAGE, INVESTMENT

Chancellor George Osborne's Help to Buy: Are Fears Over UK House Price Bubble Overblown?

By IBTimes UK

Some fear the scheme will blow another house price bubble, but is there slack in the property market? (Sep 21, 2013)

MORE TOPICS: MORTGAGE, LONDON

Home sales take a breather, but prices hit five-year high

By Reuters

U.S. home resales unexpectedly fell in June after two straight months of hefty increases, but a surge in prices to a five-year high suggested the housing market recovery remained on course. (Jul 23, 2013)

MORE TOPICS: FEDERAL RESERVE, BEN BERNANKE, NEW YORK, MORTGAGE

Exclusive - U.S. seeks new tactic in financial crisis prosecutions

By Reuters UK

U.S. federal prosecutors are considering a new strategy for criminally charging Wall Street bankers who packaged and sold bad mortgage loans at the height of the housing bubble, according to a federal official familiar with the investigation. (Jul 18, 2013)

MORE TOPICS: BANK OF AMERICA, JPMORGAN CHASE, COURT, NEW YORK, CREDIT SUISSE, LAW FIRM

Exclusive: U.S. seeks new tactic in financial crisis prosecutions

By Reuters

U.S. federal prosecutors are considering a new strategy for criminally charging Wall Street bankers who packaged and sold bad mortgage loans at the height of the housing bubble, according to a federal official familiar with the investigation. (Jul 18, 2013)

MORE TOPICS: BANK OF AMERICA, JPMORGAN CHASE, COURT, NEW YORK, CREDIT SUISSE, LAW FIRM

BofA rejects ex-workers' claims on how it treats troubled homeowners

By Reuters UK

Bank of America Corp <BAC.N> rejected allegations that greed and bad faith drove the bank and its workers to push distressed homeowners into foreclosure, rather than help them obtain loan modifications to which they were entitled. (Jul 13, 2013)

MORE TOPICS: BANK OF AMERICA, COURT, FLORIDA, NEW YORK, LAWSUIT, MORTGAGE

JPMorgan review finds errors in debt-collection lawsuits: WSJ

By Reuters

JPMorgan Chase & Co <JPM.N> made mistakes while suing thousands of its credit card customers over non-payments, the Wall Street Journal reported, citing the bank's internal review of its debt-collection process. (Jul 10, 2013)

MORE TOPICS: JPMORGAN CHASE, CALIFORNIA, ATTORNEY GENERAL, LAWSUIT, MORTGAGE

Completed U.S. foreclosures decline in May from year ago: CoreLogic

By Reuters

Fewer U.S. foreclosures were completed in May compared with a year ago, while the number of houses in the foreclosure process also declined as the market continued to heal, data analysis firm CoreLogic said on Tuesday. (Jul 09, 2013)

MORE TOPICS: CALIFORNIA, FLORIDA, NEW YORK, MICHIGAN, NEW JERSEY, MORTGAGE

Deutsche Bank settles L.A. claims on foreclosure blight

By Reuters

Deutsche Bank said it has settled a lawsuit with the U.S. city of Los Angeles that accused the bank of allowing hundreds of foreclosed properties to deteriorate into slum conditions and destabilize communities. (Jun 29, 2013)

MORE TOPICS: DEUTSCHE BANK, LAWSUIT, SETTLEMENT, LOS ANGELES

Home prices see biggest annual gain in seven years in April: S&P

By Reuters

U.S. single-family home prices jumped in April, racking up their biggest annual gain in seven years in a sign of the growing momentum in the housing recovery, a closely watched survey showed on Tuesday. (Jun 25, 2013)

MORE TOPICS: DOW JONES, S&P