Topic: Real Estate
Despite National Drop, Foreclosures In Connecticut On The Rise
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Treasury says 1 million homeowners in loan modifications
Reuters US Online Report Business News
WASHINGTON (Reuters) - An Obama administration program to help struggling homeowners modify their mortgages has more than one million active borrowers, though fewer than 10 percent have obtained permanent loan modifications, according to a Treasury Department report released on Friday. The report said there were 1,003,902 active loan modifications ...
Homeowners seek help at Glendale foreclosure event
AP News
Hundreds of homeowners seek help avoiding foreclosures at fed-sponsored event in Arizona cityHundreds of homeowners trying to avoid losing their homes to foreclosure met with housing counselors and lender representatives at an event in Glendale on Thursday. At least 500 homeowners met with counselors approved by the federal Housing and ...
China to crack down on land misuse
AFP Asian Edition
China will launch a nationwide campaign to crack down on the real estate industry as it tries to rein in sky-rocketing property prices, state media said Friday. The five-month crackdown will begin by targetting land hoarding and price speculation this month, said Liao Yonglin, a senior official at the Ministry ...
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