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foreclosure
Flickr User BasicGov
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NJ Targets Scammers Preying On Distressed Homeowners

As part of the national Distressed Homeowner Initiative described by Attorney General Eric Holder and other federal officials, the District of New Jersey has brought a number of significant criminal cases involving felony offenses during the fiscal year which closed Sept. 30, 2012. That announcement came today from U.S. Attorney Paul Fishman.

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From left to right: Vito Grippo, Frederick Grippo, John Pereless (Photos: NJ Office of Attorney General)
From left to right: Vito Grippo, Frederick Grippo, John Pereless (Photos: NJ Office of Attorney General)
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NJ Father-Son Team Cheated Foreclosure Victims Out Of Their Homes, AG Says

A father and son from New Jersey are charged today in an alleged scheme in which the father promised to rescue homeowners who were facing foreclosure, but instead sold their homes to unwitting investors and conspired with the son to steal $4.5 million from lenders by filing fraudulent mortgage applications in the investors’ names. The announcement comes from State Attorney General Jeff Chiesa.

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For Sale Sign
Terry Vine, Getty Images
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Good News on Home Sales Boosts Stocks

A pair of encouraging reports about the housing market gave U.S. stocks a small boost Wednesday.

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Home Sales
Scott Olson, Getty Images
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Big Jump for Home Prices

U.S. home prices jumped 3.8 percent in the 12 months ending in July, according to a private real estate data provider. The year-over-year increase was the biggest in six years, further evidence that the housing market is steadily recovering.

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Flickr User Hoboken Condos
Flickr User Hoboken Condos
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Why is NJ’s Population Shifting Away From Suburbia? [AUDIO]

For the past 50 years, the American dream was all about buying a home in the Jersey suburbs, but that's now started to change.

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Home Sales
Justin Sullivan, Getty Images
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Home Sales Slip in May

Could a sluggish job market threaten a modest recovery in housing?

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Kevork Djansezian, Getty Images
Kevork Djansezian, Getty Images
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NJ Foreclosures Could Turn Into Affordable Housing

Are abandoned properties a problem in your area? If so, a measure headed to the full New Jersey Assembly could be the solution.

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Foreclosure
Spencer Platt, Getty Images
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Foreclosure Activity Way Up In New Jersey, Nation [AUDIO]

Mortgage foreclosures are way up in New Jersey and across the country, compared to a year ago.

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foreclosure
Scott Olson, Getty Images
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More New Jersey Homeowners Turn to Short Sales [AUDIO]

More and more homeowners in New Jersey are opting against foreclosure and turning to the short sale instead.

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House in Sussex County
Flick User Doug Kerr
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American Dream Of Home Ownership On Hold [AUDIO]

The American Dream of owning a home is at its lowest point in 15 years, more evidence that the housing market is far from recovery even five years after the housing crash.

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