Browsing Category 'News'

The Department of Housing and Urban Development will provide about $114 million in new grants for lead cleanup and other household hazards, according to an agency release. Much of the grant funds will go toward eliminating lead-based paint from low-income homes, particularly those with young children. About $66.3 million will be available through HUD’s Lead-Based […]

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WASHINGTON – U.S. home prices are falling again in most major cities after posting small gains over the summer and spring, the latest evidence that the troubled housing market won’t recover any time soon. The Standard & Poor’s/Case-Shiller index released Tuesday showed prices dropped in September from August in 17 of the 20 cities tracked. That was […]

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Capital recovery firm Vantium Capital said the significant jump in its short sale inventory in the last six months led to the formation of a new division to help handle the surging workload. The Irving, Texas-based company said fewer borrowers are qualifying for loan modifications, so much so that the Vantium short sale portfolio increased around 250% […]

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Occupy Wall Street and other housing activists are heading to neighborhoods hit hard by foreclosure Tuesday to protest the mistreatment of homeowners by mortgage lenders. Occupy Our Homes said it has scheduled a day of protests, with events scheduled in 25 cities, including New York, Los Angeles, Chicago and other cities. Among the actions expected […]

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On a late November afternoon, tractors with side chutes harvest sorghum from a small roadside farm, spitting it into a truck riding along. The grain is milled and sold as feed to a nearby dairy. About a year ago, this land was set for development. But the owner went bankrupt, and another developer bought it […]

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