Read more mortgage delinquency stories on Newserhttp://www.newser.com/taggrid/25447/mortgage-delinquency.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 4:54:34 CSThttp://www.newser.com/story/66984/hotels-owners-walk-out-on-mortgages.html?utm_source=syn&utm_medium=rss&utm_campaign=tagHomeowners aren’t the only ones walking away from their underwater mortgages. With the hotel market at its lowest point since the early '90s, many owners, who owe more on their money-losing properties than they’re worth, are simply walking away, the Wall Street Journal reports. Many say they have no choice;...http://www.newser.com/story/66984/hotels-owners-walk-out-on-mortgages.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 15 Aug 2009 11:00:00 CDThttp://www.newser.com/story/65645/bad-loan-fees-too-juicy-to-give-homeowners-a-break.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe government's foreclosure prevention program is failing largely because of mortgage companies who can make more money when loans go delinquent, industry insiders tell the New York Times . Companies servicing mortgage loans charge many lucrative fees as loans go bad—recoverable, if necessary, out of the proceeds when the foreclosed...http://www.newser.com/story/65645/bad-loan-fees-too-juicy-to-give-homeowners-a-break.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 30 Jul 2009 4:56:55 CDThttp://www.newser.com/story/63229/confidence-sags-dow-off-82.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks fell today on an unexpected decline in consumer confidence, the Wall Street Journal reports, after investors held steady at the open despite data that delinquencies on prime mortgages had increased. The consumer-confidence drop came after two months of positive readings. The Dow closed down 82.38 at 8,447....http://www.newser.com/story/63229/confidence-sags-dow-off-82.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 30 Jun 2009 15:23:04 CDThttp://www.newser.com/story/60433/mortgage-rates-hit-3-month-high.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMortgage rates jumped to a three-month high yesterday, putting hopes for a rebound in the housing market and consumer spending at risk, the Wall Street Journal reports. The average 30-year fixed rate hit 5.44% from 5.29% the day before and 5.03% Tuesday. The rates make it tougher...http://www.newser.com/story/60433/mortgage-rates-hit-3-month-high.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 29 May 2009 7:28:35 CDThttp://www.newser.com/story/59202/credit-crisis-traps-nyt-economics-scribe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagNew York Times economics reporter Edmund Andrews was smart enough to avoid a financial disaster like the mortgage crisis. But “I had two utterly compelling reasons for taking the plunge,” he writes: “The money was there and I was in love.” With a new fiancée—and back-breaking alimony payments to...http://www.newser.com/story/59202/credit-crisis-traps-nyt-economics-scribe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 16 May 2009 18:55:08 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/54398/commercial-real-estate-crisis-may-rival-90s-disaster.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCommercial real-estate borrowers are defaulting on their loans at an ever-faster pace, and experts now believe the crisis could match or exceed the early-1990s slump, the Wall Street Journal reports. That catastrophe killed off 1,000 banks and savings institutions, with lenders taking $48.5 billion in charges. This time,...http://www.newser.com/story/54398/commercial-real-estate-crisis-may-rival-90s-disaster.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 26 Mar 2009 11:00:26 CDThttp://www.newser.com/story/53476/scammers-set-sights-on-desperate-homeowners.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA record 5.4 million homeowners across the country are behind on their mortgages, and scam artists are looking to cash in, the San Francisco Chronicle reports. Ads offering help lowering mortgage payments are everywhere. But these "loan negotiators" usually provide services that homeowners can handle on their own, for...http://www.newser.com/story/53476/scammers-set-sights-on-desperate-homeowners.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 16 Mar 2009 14:00:01 CDThttp://www.newser.com/story/53356/boom-time-loans-cripple-churches.html?utm_source=syn&utm_medium=rss&utm_campaign=tagEven houses of worship are facing foreclosures and unpaid bills these days, the AP reports. With credit markets dried up, churches and synagogues—normally rock-solid in recessions—are abandoning half-built properties and scrambling to find a home. "We now have children who don't have classrooms to get into, adults who...http://www.newser.com/story/53356/boom-time-loans-cripple-churches.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 14 Mar 2009 18:23:50 CDT