WASHINGTON - Bank of America on Friday halted foreclosures on homes across the country so it could review paperwork in tens of thousands of cases for flaws, expanding a crisis at a perilous time for the housing market.
WASHINGTON - A mushrooming crisis over potential flaws in foreclosure documents is threatening to throw the real estate industry into chaos, as Bank of America on Friday became the first bank to stop taking back tens of thousands of foreclosed homes in all 50 states.
WASHINGTON - President Barack Obama has rejected a bill that the White House fears could worsen the mounting problems caused by flawed or misleading documents used by banks in home foreclosures.
WASHINGTON - President Barack Obama will use a rare "pocket veto" to reject a bill that the White House fears could worsen the mounting problems caused by flawed or misleading documents used in foreclosures.
DES MOINES, Iowa - Iowa Attorney General Tom Miller is calling on three large mortgage companies to halt foreclosure proceedings in the state while he investigates problems with documents filed with the courts.
- Stocks dip ahead of jobs news, pull back from 11K
- Stocks mixed after positive job news; Dow near 11K
- Mortgage rates fall to decades-low of 4.27 pct.
- Officials call for halting some Mich. foreclosures
- Arizona part of mortgage aid pact with Wells Fargo
- Home loans for purchases rise 9.3 percent
- AG Biden asks 3 banks to freeze foreclosures
- Pending home sales rise 4.3 percent in August
- Bank exec checked only date on foreclosure docs
- Regulators close small Florida, Wash. banks
- Bank of America delays foreclosures in 23 states
- At a Glance: Foreclosure delays in 23 states
- APNewsBreak: BofA delays foreclosures in 23 states
- Bank exec. signed, didn't read foreclosure papers
- Fed's Dudley says more economic aid likely
- Top Fed official says more economic aid likely
- Summary Box: Mortgage rates match low of 4.32 pct.
- Thousands show up in LA for free mortgage help
- Ohio to get almost $250M in federal housing aid
- Mortgage rates match low of 4.32 percent
- JPMorgan suspends certain foreclosures
- Home prices to take hit next year in many markets
- Steps you can take to improve your credit score
- Fannie Mae offers housing aid to military families
- Mortgage study says recent modifications work best
- Summary Box: Mortgage rates stay at 4.37 pct.
- Home sales on pace to finish year as bad as 2009
- Average mortgage rates unchanged at 4.37 pct.
- Summary Box: More than half exit foreclosure plan
- More than half exit foreclosure-relief program
- Fed moves closer to new action to help economy
- Fed signals it will take further steps if needed
- Stocks waver ahead of Federal Reserve decisions
- GMAC stops some evictions, foreclosed home sales
- Discover profit falls due to year-ago settlement