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  1. The Hidden Benefits of Unemployment Insurance


    Tue, 26 Aug 2014

    played an important role in preventing foreclosures during the Great Recession,” says ..... avert $70 billion in social costs from foreclosures , including depreciation in the foreclosed properties’ structural ..... the long term, that serves to reduce foreclosures among unemployed homeowners. “These effects are sizable

  2. Whitestone updates progress on Fountain Square turnaround


    Mon, 18 Aug 2014

    Whitestone REIT ( WSR +0.9% ) purchased the 118K square foot Fountain Square - located in northern Phoenix - out of foreclosure in 2012 for $130 per square foot. It has since redeveloped and repositioned the Safeway "shadow anchored" property

  3. U.S. foreclosure activity rises in July, but no cause for alarm-RealtyTrac


    Thu, 14 Aug 2014

    WASHINGTON, Aug 14 (Reuters) - Foreclosure activity across the United States jumped in July for the first time in four months as lenders scheduled more properties for auction, an industry report said on Thursday.

  4. CLS: Italy/Geopolitics and Markets/Recent ETF Developments


    Tue, 12 Aug 2014

    reached their lowest 4-week moving average since 2006, a gauge of U.S. services reached its highest since 2005, and foreclosures reached an 8-year low. U.S. headlines focused a lot of attention on merger deals falling apart, such as the potential

  5. Bank Of America To Take Out Their Checkbook, Buying Time In Sight


    Thu, 7 Aug 2014

    and the Department of Justice are close to agreeing on a deal that will resolve the bank's alleged misconduct in the foreclosure fiasco that affected the entire nation. According to the landmark deal, Bank of America will pay up to $17,000,000

  6. UPDATE 1-SunTrust says cooperating with U.S. foreclosure probe


    Wed, 6 Aug 2014

    (Adds background on settlements, comment from SunTrust spokesman, byline)

  7. SunTrust says cooperating with U.S. foreclosure expense probe


    Wed, 6 Aug 2014

    southeast regional bank, on Wednesday said it is cooperating with the office of U.S. Attorney Preet Bharara in New York in a broader-based industry investigation regarding claims for foreclosure -related expenses charged by law firms.

  8. BRIEF-SunTrust says cooperating with broad U.S. probe into foreclosure expenses


    Wed, 6 Aug 2014

    Aug 6 (Reuters) - SunTrust Banks Inc : * Says has been cooperating with federal prosecutors in broader-based industry

  9. New Morningstar Analyst Report for Fifth Third Bancorp

    Stock Reports

    Wed, 23 Jul 2014

    term average of 0.60%. In our opinion, the worst of Fifth Third's loan losses and foreclosure -related expenses are behind it. As foreclosure costs track lower, we think the firm's expenses will decrease and its efficiency ratio

  10. U.S. foreclosure activity hits lowest level since 2006: RealtyTrac


    Thu, 17 Jul 2014

    WASHINGTON (Reuters) - Foreclosure activity in the United States dropped last month to the lowest level since July 2006, before the housing bubble burst, and likely will continue to drop through the first half of next year, an industry group said on Thursday.

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