Nonprofits bear brunt of foreclosure fight
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Mohammed Ibrahim is overwhelmed by people asking for help.
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Nonprofit organizations have long used professional fund-raisers to help raise cash, often losing the bulk of the donations to the fund-raiser's fee.
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Countrywide, the nationâs largest mortgage lenders, has been struggling to deal with the troubles in the mortgage industry.
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LOS ANGELES -- The number of foreclosure filings reported in the U.S. last month more than doubled versus August 2006 and jumped 36 percent from July, a trend that signals many homeowners are increasingly unable to make timely payments on their mortgages or sell their homes amid a national housing...
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Those left homeless by this summer's storms aren't the only ones roughing it in these arduous times.
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The number of foreclosure filings reported in the U.S. last month more than doubled versus August 2006 and jumped 36 percent from July, a trend that signals many homeowners are increasingly unable to make timely payments on their mortgages or sell their homes amid a national housing slump.
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Mortgage foreclosures rose to a four-year high in the second quarter, a sign that homeowners with good credit are having trouble paying their bills.
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Nonprofit groups are stepping into an industry that has been widely criticized as predatory but that has reached as many as one in 20 Americans.
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As the U.S. mortgage crisis forces more properties into foreclosure, even renters are feeling the pain.
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The real estate industry, racing to beat strict new limits on campaign contributions, has been flooding New York City candidates with donations for the 2009 campaign.
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Homeowners with subprime mortgages struggling under payments need federal government help to ease them through the crisis, a leading consumer advocacy group said on Wednesday.
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Business & money: Many have lost their homes after repayment pledge failed to avert repossession.
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U.S. homeowners increasingly failed to keep up with their home loan payments in November, as the number of foreclosure filings surged 68 percent nationwide compared with the same month a year ago, according to a mortgage research company.
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A coalition of organizations plans to introduce a marketing campaign comparing the effects of so-called unfair lending practices with the havoc wreaked by natural disasters.
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A union is trying to force nonprofit groups like hospitals to comply with standards of governing similar to those that federal law requires of private companies.
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The nonprofit One Laptop Per Child Project struggles with slow orders and competition from commercial vendors.
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Whether you're a home seller, owner or buyer, by this point you've got to be feeling a little rattled. The bad news about the housing market seems never ending: Foreclosures have more than doubled over the past year.