Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Business News

How One City May Punish Banks for Foreclosures

Aug. 25, 2009
A city councilman in Miami Gardens, Florida has proposed an ordinance that could penalize banks that fail to offer modifications before starting foreclosure proceedings
Related Stories from UPI.com
U.S. forclosures hit record

U.S. forclosures hit record

IRVINE, Calif., Aug. 13 (UPI) -- Foreclosure activity reached unprecedented rates in July, affecting one in every 355 U.S. housing units, a real estate research firm said.
Site of Ledger's death facing foreclosure

Site of Ledger's death facing foreclosure

NEW YORK, June 21 (UPI) -- The New York building where actor Heath Ledger died of an accidental prescription drug overdose is facing foreclosure, an attorney says.

7 percent are behind on mortgage payments

WASHINGTON, Dec. 5 (UPI) -- Nearly 7 percent of U.S. homeowners were at least one payment late on their mortgages at the end of the third quarter, an industry trade group said.

U.S. foreclosures up 5 percent in October

IRVINE, Calif., Nov. 13 (UPI) -- U.S. foreclosures increased 5 percent in October compared with a month ago, a private research group said Thursday.

Foreclosures catch many renters unaware

WASHINGTON, Oct. 27 (UPI) -- Roughly a third of the U.S. properties currently involved in foreclosure proceedings are not owner-occupied, leaving many renters at risk, advocates said.
Aretha says foreclosure due to oversight

Aretha says foreclosure due to oversight

DETROIT, March 13 (UPI) -- Famed U.S. singer Aretha Franklin said she plans to bring her bills up to date so she doesn't lose her $700,000 Detroit mansion, which is now in foreclosure.

U.S. foreclosure starts rose, MBA says

WASHINGTON, March 6 (UPI) -- The Mortgage Bankers Association reported Thursday that mortgage delinquencies in the United States climbed sharply in the fourth quarter of 2007.

Residential foreclosures rise slightly

BOCA RATON, Fla., Oct. 11 (UPI) -- Foreclosure.com in Boca Raton, Fla., said Monday residential foreclosures rose slightly in August from the same period last year.

Residential foreclosure rise slightly

BOCA RATON, Fla., Sept. 15 (UPI) -- Foreclosure.com Wednesday reported the number of foreclosed U.S. residential properties during August rose less than 1 percent from July.

Foreclosure activity declines

BOCA RATON, Fla., July 7 (UPI) -- Foreclosure.com. of Boca Raton, Fla., said Wednesday foreclosure activity declined in June for the first time this year.
1 of 25
President Obama awards the Presidential Medal of Freedom in Washington
View Caption
President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch