Las Vegas leaders slapped fines on three blighted properties this week and talked tough about seizing trashed properties for use as affordable housing -- but the rhetoric might have ventured beyond the limits of the law. [read more]

Nearly $96 million worth of residential and commercial property in five Iowa counties is under threat of foreclosure or forced sale as a result of the financial demise of Regency Homes, once the state’s largest home builder. [read more]

There are many confusing terms out there today regarding "distressed properties." This article will discuss the different terms used in real estate, such as short sale, and foreclosure to help you understand what you are seeing. [read more]

"The market is bad now," said Marshall Isenberg, who appraises properties for foreclosure sales in the county. "Banks are willing to take a loss." Real estate agent Ray Doster said mortgage lenders, who typically buy the properties in foreclosure sales, often are willing to sell at steep discounts. "There are some tremendous buys," he said. But they rarely are willing to accept half of the ... [read more]

Fewer homeowners are able to keep up with loan payments on their properties, leading to higher-than-ever foreclosure rates across the Charleston area. Foreclosures in the region hovered around recent records during the second quarter as lenders filed a total of 871 foreclosure lawsuits against property owners, an analysis by The Post and Courier has found. [read more]

The government's condition-laden plan to aid at-risk borrowers makes it clear: This won't be a free ride. WASHINGTON -- After six months of haggling and political gamesmanship, a massive housing-relief bill is heading for final approval.  [read more]

• What is the difference between “short sale,” “REO” and “foreclosure”? [read more]

After six months of haggling and political gamesmanship, a massive housing-relief bill is heading for final approval. Though it has hundreds... [read more]

KIDS ROMPING on lawns and workers trimming hedges belie the gloom that hovers over the sprawling Parkhaven complex bordering Miwok Park in northwestern Novato. [read more]

It's been a challenge to keep current on the U.S. government's efforts to help homeowners facing foreclosure. [read more]

18 July 2008 By Dmitry Zhdannikov Rosneft, the country's most indebted oil company, said Thursday that it had raised a $2.85 billion export-backed loan and put aside cash to start repaying $7.3 billion of debts ahead of schedule. [read more]

MANILA, Philippines—Do you ever realize that the money you throw on fuel could be your monthly amortization for a home? Here are top seven reasons you should invest. [read more]

In a recent column, shortly after Washington Mutual announced it would no longer offer its Option ARM to mortgage customers, I noted that the program was a benefit to our family because it allowed us to adjust our monthly payments given the educational needs of our four growing children. [read more]

NASHVILLE, Tenn.----Pinnacle Financial Partners Inc. today reported strong earnings and record loan growth for the quarter ended June 30, 2008. Fully diluted earnings per share were $0.34 for the quarter ended June 30, 2008, compared to $0.33 per fully diluted share for the quarter ended June 30, 2007. [read more]

When it comes to banks, there is a big difference between community banks and a few of the banks and brokerage houses that have been making all the recent headlines. Two local bankers told The Independent that the health of their institutions is just fine.  [read more]

Merrill Lynch (NYSE: MER) today reported a net loss from continuing operations for the second quarter of 2008 of $4.6 billion, or $4.95 per diluted share, compared to net earnings from continuing operations of $2.0 billion, or $2.10 per diluted share, for the second quarter of 2007. Merrill Lynch's net loss for the second quarter of 2008 was $4.7 billion, or $4.97 per diluted share, compared to ... [read more]

First M&F Corp. reported today that net income for the quarter ended June 30, 2008 was a loss of $.466 million, or $ basic and diluted earnings per share, compared to $3.535 million, or $.39 basic and diluted earnings per share for the second quarter of 2007. [read more]

NOVATO, Calif.----Bank of Marin Bancorp President and CEO Russell A. Colombo announced second quarter 2008 earnings for Bank of Marin Bancorp of $3.4 million, up $483 thousand, or 16.6%, from the same period in 2007. [read more]

At June 30, 2008, National Bankshares, Inc. (NASDAQ: NKSH) posted year-to-date net income of $6.65 million, or basic net income of $0.96 per share. This is a 6.3% increase over the $6.26 million in net income at June 30, 2007. For the three months ending June 30, 2008, the Company had net income of nearly $3.47 million, up by 10.48% over net income earned in the second quarter of 2007. Net ... [read more]

COLDWATER, Mich., July 18, 2008 -- Monarch Community Bancorp, Inc. , the parent company of Monarch Community Bank , today announced earnings for the six months ended June 30, 2008 of $580,000 compared to $958,000 for the same period in 2007 . [read more]