The Military Warriors Support Foundation teamed up with servicers to provide wounded veterans with mortgage-free homes as they transition back into civilian life. They say good things come in threes. But for Phillip Hall, an Iraqi veteran from Louisiana, he never imagined that he could ever be so lucky.

Rather than Quenching the Industry’s Thirst, Did TARP Trickle Away Needed Funds—Making Matters Worsex Rome may not have been built in a day, but it certainly didn’t take long for its empire to decline and fall.

Why Putting the Brakes on Foreclosures Won’t Stop the Crash California did it. Massachusetts and Maryland did it, too. So did Fannie and Freddie. Florida and Ohio are talking about doing it. The sheriff of Wayne County, Michigan, didn’t wait around for a vote: He did it himself.

In what was said to be an unprecedented situation, even so much as an occurrence only happening once or twice in a hundred years, Henry Paulson, the present treasury secretary, says there’s plenty of work ahead to restore the U.

Treasury Secretary Henry Paulson addressed the House Committee on Financial Services yesterday. While he spoke of investor and financial institution discipline and improvements in market practices, Paulson made the nation’s regulatory architecture his primary topic.

Foreclosure filings nationwide, which include default notices, auction sale notices, and bank repossessions, fell 3 percent in June from the previous month, according to RealtyTrac);/*1215698196295*/’s latest U.

The Department of Housing and Urban Development is exploring new options to help stave off the nation’s growing foreclosure problem. The agency’s pilot foreclosure prevention initiative, which was announced by the new HUD secretary yesterday, will be providing assistance to homeowners, starting with the Detroit area.

David A. Trott, the managing partner for Farmington Hills, Michigan-based Trott & Trott, P.C., will be serving on the public affairs committee for the U.S. Chamber of Commerce, where he will have a role in the Chamber’s involvement in federal elections, among other duties.

According to a new report from the Center for Economic and Policy Research, which analyzed the wealth holdings of families in all age cohorts in 2004 and projected their wealth in 2009, the vast majority of these families will have little or no housing wealth next year.

Real estate professionals pessimistic muchx According to Grant Thornton LLP’s 2008 Real Estate Survey, 57 percent of real estate executives, or six out of 10, have a negative outlook regarding the U.