New figures show the number of people in trouble with their mortgages continues to rise. According to foreclosure listing service RealtyTrac Inc, more than 336,000 households received at least one foreclosure-related notice in June.
That's 33 percent higher compared to June of last year.
» E-Mail This » Add to Del.icio.us
Bank Overcharged Military Families On Mortgages
JPMorgan Chase overcharged more than 4,000 active-duty military personnel on their home loans and foreclosed in error on 14 of them. The company said it would be sending out $2 million worth...
Major Banks Still Grappling With Foreclosures
One year after the financial crisis hit, the foreclosure mess hasn't improved. Economists repeatedly have said that preventing foreclosures is good for the housing market and the economy. But...
Are There More Foreclosures Than Necessary?
New figures out this week show that foreclosure filings are up 32 percent from a year ago. Our Planet Money team found that some people in the mortgage industry are saying something...
Komen Issues Apology In Planned Parenthood Flap
After a national backlash, the Komen for the Cure breast cancer foundation says it will continue its funding to Planned Parenthood. Earlier this week, Komen said it would cut support for...
January's Jobless Rate Shows Spurt Of Growth
The Labor Department said the economy added 243,000 jobs in January, well beyond many economists' expectations. The unemployment rate fell to 8.3 percent.» E-Mail This » Add...
Post new comment