Obama Pitches His Economic Plan

April 15, 2009 More job losses lie in the future, and more foreclosures are coming. "This is all welcome and encouraging news," he added, " but it does not mean that hard times are over; 2009 will continue to be a difficult year for America's economy." managing ...

Report: Obama, slump aid right-wing radicals

April 15, 2009 The agency warns that an extended economic downturn with real estate foreclosures, unemployment and an inability to obtain credit could foster an environment for extremists to recruit members who may not have been supportive of these causes in the ...

Job losses fuel foreclosure woes in Ind. county

April 14, 2009 Twice as many foreclosures as '06? Precise statistics on foreclosures are hard to nail down, but the numbers that are available show a dramatic increase in Elkhart County. Homes offered for sale at monthly sheriff’s auctions, which requires approval ...

Obama tempers optimism with reality on economy

April 14, 2009 He predicted more job losses, foreclosures, and gyrating stock markets. The president devoted a significant portion of his speech to defending actions he has taken in the face of criticism he has heard mainly from Republicans - but also from some of ...

Obama's 'prose' on the economy

April 14, 2009 The severity of this recession will cause more job loss, more foreclosures, and more pain before it ends," Obama said, adding that there was much more work to be done, before reprising the kind of populist "fighter" rhetoric he often employed during ...

Obama optimistic, but cautious on economy

April 14, 2009 He predicted more job losses, foreclosures, and gyrating stock markets. Defending himself The president devoted a significant portion of his speech to defending actions he has taken in the face of criticism he has heard mainly from Republicans — but ...

Bailout acronym soup: A handy guide

April 13, 2009 The program aims to help millions of families restructure their mortgages to avoid foreclosure and also provides other tools to stem the pace of foreclosures. Those elements include a plan to let judges modify mortgages in bankruptcy proceedings, and ...

Foreclosure sales stalled by red tape

April 13, 2009 If that's the process, there's no way we're going to clear all these foreclosures." As bargain hunters turn their attention to foreclosures, many are discovering the toughest challenge is dealing with the banks that repossessed the homes. These banks ...

Outbidding outrage in Cape Coral

April 11, 2009 That's exactly what the Futchs been doing all along, and what she'll continue doing for as long as it takes. "Time is of the essence right now, and we're just waiting for those banks to put more foreclosures out there really," said Genna. Until then ...

Neighborhood Experiences Rank Side Effect of Foreclosure Crisis

April 11, 2009 Foreclosures. The neighborhood is littered with them. Fewer homeowners means less dues in the homeowners association coffers. Armstrong Management Services, which manages the subdivision, refused to comment, but homeowners said they were told a pickup ...

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