WASHINGTON, May 14 (UPI) -- U.S. Cabinet officials revealed changes to a foreclosure prevention plan, such as incentives for lenders helping borrowers even if they lose their homes.
LONDON, April 1 (UPI) -- The Bank of England said British homeowners paid off a record amount on their home mortgage debts in 2008, lowering the debt by $11.5 billion.
LOS ANGELES, March 6 (UPI) -- California homeowners who could access the federal mortgage modification are few because their loan-to-value ratio exceeds the plan's limits, analysts said.
WASHINGTON, March 5 (UPI) -- The federal homeowner bailout plan detailed Wednesday doesn't extend to every worried homeowner, administration officials said.
LONDON, Feb. 20 (UPI) -- Foreclosures in Britain soared 54 percent in 2008 as lenders claimed possession of 40,000 homes, the Council of Mortgage Lenders said.
DETROIT, Nov. 27 (UPI) -- The foreclosure crisis will slow growth of the gross domestic product, jobs and tax revenues, a U.S. Conference of Mayors report said.
PHOENIX, April 22 (UPI) -- Authorities in Phoenix are warning mortgage holders with financial troubles to watch out for scams involving so-called foreclosure rescue companies.
CHICAGO, Dec. 5 (UPI) -- Financial difficulties have led to U.S. Rep Bobby Rush, D-Ill., to receive a second mortgage foreclosure in a week, this time for a weekend condo.
MANCHESTER, England, Jan. 20 (UPI) -- British analysts say consumer debt rose 8 percent over Christmas to 109.37 billion pounds (US$195 billion) -- averaging 5,993 pounds (US$10,685) per person.
WASHINGTON, Nov. 10 (UPI) -- There is an erosion in the long-held financial goal of owning a home in retirement, USA Today reported Monday.
