Read more housing crisis stories on Newserhttp://www.newser.com/taggrid/20039/housing-crisis.html2009 - Newseren-usNewser Feed GeneratorSun, 22 Nov 2009 3:34:41 CSThttp://www.newser.com/story/70899/banks-yanking-homeowners-last-hope-short-sales.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAs banks get healthier, they're getting stingier with one of the few remaining lifelines for underwater homeowners—short sales. To keep home sales moving in leaner times—and to get bad loans off their ledgers—lenders would forgive the difference between the outstanding mortgage balance and the purchase price. Such...http://www.newser.com/story/70899/banks-yanking-homeowners-last-hope-short-sales.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 03 Oct 2009 14:30:36 CDThttp://www.newser.com/story/70244/mortgage-scammers-prey-on-strapped-homeowners.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMortgage brokers who made a mint during the housing boom setting up homeowners in toxic loans are now profiting from a different sort of shady deal. So-called foreclosure rescue firms are proliferating across the US, taking money upfront and promising to negotiate with homeowners’ banks for better interest rates. Instead,...http://www.newser.com/story/70244/mortgage-scammers-prey-on-strapped-homeowners.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 24 Sep 2009 19:50:42 CDThttp://www.newser.com/story/67448/troubled-securities-threaten-to-drown-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBad loans have been killing off banks at the fastest rate in 17 years—but now, securities purchased from other banks are a mounting threat, the Wall Street Journal reports. Thousands of banks nabbed securities dependent on mortgages and the financial industry. “Under most scenarios, they were good and prudent...http://www.newser.com/story/67448/troubled-securities-threaten-to-drown-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 21 Aug 2009 10:48:12 CDThttp://www.newser.com/story/62033/how-board-games-screwed-up-your-fiscal-sense.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIt’s really no wonder Americans fouled up the financial system—fiscal irresponsibility was instilled in us at an early age by board games, observes Caitlin McDevitt for the Big Money. Among the poor lessons imparted by money games: In Monopoly , the game’s bank can never go bust—if the banker...http://www.newser.com/story/62033/how-board-games-screwed-up-your-fiscal-sense.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 16 Jun 2009 15:50:01 CDThttp://www.newser.com/story/61892/manhattan-teeters-on-brink-of-housing-crash.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAs foreclosure sales begin to lure buyers back to the housing market in some parts of the country, realtors in New York are finding the market crisis has come home to roost, Reuters reports. Things are bad and could soon be much worse. Condo sales in Manhattan have plummeted 71%...http://www.newser.com/story/61892/manhattan-teeters-on-brink-of-housing-crash.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 15 Jun 2009 5:23:30 CDThttp://www.newser.com/story/57855/cure-for-dead-lawns-at-foreclosures-green-paint.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCalifornia’s Riverside County is looking a little greener these days—just don't look too closely. The area has been so racked by foreclosures and unsold homes that parts of it look like a ghost town, complete with very dead grass. That’s where Insta-Green comes in. The start-up has a novel...http://www.newser.com/story/57855/cure-for-dead-lawns-at-foreclosures-green-paint.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 02 May 2009 11:54:20 CDThttp://www.newser.com/story/56336/foreclosures-rose-24-in-first-quarter.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe number of American households threatened with losing their homes grew 24% in the first 3 months of this year and is poised to rise further as major lenders restart foreclosures after a temporary moratorium, figures out today show. Though the Obama administration has invested $75 billion to help up...http://www.newser.com/story/56336/foreclosures-rose-24-in-first-quarter.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 16 Apr 2009 8:31:07 CDThttp://www.newser.com/story/56028/foreclosures-draw-eager-buyers-but-banks-drag-feet.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBargain hunters are turning to foreclosed homes for deals, but many are finding that buying repossessed properties from banks is a bureaucratic nightmare, the Washington Post reports. Though the housing market cannot stabilize until the unprecedented volume of foreclosures is sold off, banks are sluggish to act and fraught with...http://www.newser.com/story/56028/foreclosures-draw-eager-buyers-but-banks-drag-feet.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 13 Apr 2009 8:00:00 CDThttp://www.newser.com/story/53067/freddie-seeks-31b-in-aid-after-posting-big-loss.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFreddie Mac said today it will ask the government for nearly $31 billion in additional aid after posting a gargantuan loss of more than $50 billion last year as the US housing market worsened. The mortgage finance company posted a loss of $23.9 billion, or $7.37 per share,...http://www.newser.com/story/53067/freddie-seeks-31b-in-aid-after-posting-big-loss.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 11 Mar 2009 17:05:16 CDT