Surprise submits plan for grant to ease foreclosure crisis (The Arizona Republic)

Surprise City Council voted 7-0 recently to submit an amended action plan seeking $2.2 million in federal funds to stabilize neighborhoods in the wake of the home foreclosure crisis. more…

Cook County Sheriff Tom Dart testifies about the foreclosure crisis in front of a Senate committee as lawmakers work to help homeowners. more…

San Diego has approved a plan to spend more than $9 million in federal grants to help ease the foreclosure crisis. more…

In response to the foreclosure crisis that has swept through the valley, Clark County commissioners Tuesday approved a plan to spend $30 million in federal funds to get people into vacant homes. more…

Nov. 19 (Bloomberg) — The Bush administration, seeking to entice more lenders to join a program aimed at preventing foreclosure, is considering a reduction in the costs for the banks that sign up, a senior administration official said. more…

WASHINGTON, Nov 19 (Reuters) - The U.S. Department of Housing and Urban Development will loosen terms of its foreclosure-prevention effort so that the program, meant to backstop $300 billion in home loans, can be more effective, the agency said on Wednesday. The Hope for Homeowners program will now insure home loans that have had as little as 3.5 percent of their value erased by the original … more…

With the economy sending more and more homes to the auction block, The Enquirer wants to hear from people facing foreclosure. Call or e-mail staff writer Sheila McLaughlin to share your story at 513-755-4154 or smclaughlin@enquirer.com. more…

The South Dakota bank holding the mortgages on Northbrook's controversial Center of the Northshore project has filed for foreclosure. more…

The U.S. Department of Housing and Urban Development will loosen terms of its foreclosure-prevention effort so that the program, meant to backstop $300 billion in home loans, can be more effective, the agency said on Wednesday. more…

The free event by the Hope Now Alliance will allow homeowners worried about foreclosure to discuss potential work-out options. more…