Wednesday, July 9, 2008

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Forclosure Crisis
Forclosure Crisis
Boarded houses
Federal officials say they're finding more mortgage fraud in Minnesota than in many other places in the country, but that may be small consolation for victims. (06/20/2008)
Foreclosed
Federal officials say Minnesota is among 10 mortgage fraud hotspots they're investigating around the nation. More than 400 real estate industry players, nationwide, have been indicted since March in a Justice Department crackdown on incidents of mortgage fraud, that stem from the country's housing crisis. (06/19/2008)
Boarded home for sale
Recent numbers suggest the wave of foreclosures in Minneapolis may be close to peaking. But left in its wake is a surplus of empty and inexpensive homes. The question is, who will buy these homes? (05/13/2008)
Midday examines the mortgage crisis with Cheryl Peterson, manager of the Foreclosure Prevention Program at Twin Cities Habitat for Humanity, and tells the step-by-step story of one woman's financial fall. (Midday, 05/08/2008)
Instead of trying to halt foreclosures outright, the measure would let people delay foreclosure but only if they keep paying at least 65% of their monthly mortgage payment. (05/08/2008)
The Minnesota Senate has given preliminary approval to a bill that tries to help some homeowners avoid mortgage foreclosure. Eligible homeowners could defer a pending foreclosure for up to a year if they use foreclosure counseling services and agree to make minimum monthly payments. (05/06/2008)
Tomorrow, a Minneapolis woman is scheduled to lose her home. Faith Burns has been told to be out of her house. The bank says she's fallen behind on her monthly mortgage payments and is foreclosing on her. We traced the path of Faith Burns' mortgage to Wall Street. (05/05/2008)
Vincent Peterson knew the house he purchased in St. Paul's Dayton's Bluff neighborhood was a fixer-upper. He says what he didn't know was that he wouldn't be allowed to live in it. (05/05/2008)
Foreclosures in Hennepin County are up significantly over this time last year, however, there are some indications the numbers in North Minneapolis -- the epicenter of the foreclosure crisis -- have bottomed out. (05/02/2008)
Home prices in the Twin Cities dipped at a double digit rate in January, according to one of the leading measures of U.S. home prices. It's the latest sign of gloom in the housing market, but some are heralding the price drops. (03/25/2008)
Photo by Joe Raedle, Getty Images

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