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News for the Heartland from KTVO
The latest news from around the Heartland, the States of Iowa and Missouri, the Nation and the World
Low prices and rates can't slow fall in home sales
Tuesday, August 24, 2010
Home prices in many parts of the country scream bargain, and mortgage rates haven't been this low for decades. So why are houses across the nation sitting on the market for so long?
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Goldman paying $550M to settle civil fraud charges
Friday, July 16, 2010
Resolving a high-profile government case linked to the mortgage meltdown, Goldman Sachs & Co. has agreed to pay a record $550 million to settle civil fraud charges that it misled buyers of complex investments.
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Homes lost to foreclosure on track for 1M in 2010
Thursday, July 15, 2010
UPDATED 7:45 a.m. CDT. More than 1 million American households are likely to lose their homes to foreclosure this year, as lenders work their way through a huge backlog of borrowers who have fallen behind on their loans.
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Foreclosures down 2 percent from last year
Thursday, May 13, 2010
A foreclosure listing firm says the foreclosure crisis is finally showing signs of easing, but it isn't all good news.
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