Foreclosure Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

For jcpenney. the stock is down more than 60% in the past 12 months. the company's been losing hundreds of millions of dollars per quarter after a restructuring gone wrong. foreclosures hit a six-year low in 2013. the overall number of filings down 26% from the year before. this is according to the folks at realtytrac. so, that's the improvement, right? but the foreclosure threat still very real for many homeowners. in december, on about one in five homes, borrowers owed at least 25% more than their mortgages, on their mortgages than their houses were worth. wow, that's a big number still. a...

Attempting to stablize neighborhoods by demolishing more than 4,000 abandoned homes across the city, calling it the largest blight removal effort in state history. >> by eliminating blight in a neighborhood we increase property values, give folks incentive to stay in their homes, therefore, maybe they won't get into foreclosure problem. >> reporter: robert couch says he is already seeing a difference. >> people look around, see the neighborhood is a lot better than what it was in the past. so it's doing a little bit better. >> reporter: state officials say they would need about $600 million to...

Attempting to stablize its neighborhood by demolishing more than 4,000 abandoned homes across the city, calling it the largest blight removal effort in state history. >> by eliminating the blight in a neighborhood, we increase property values, give folks incentive to stay in their homes. therefore maybe they won't get into a foreclosure problem. >> reporter: robert couch says he is already seeing a difference. of. >> people look around, see the neighborhood is a lot better than what it was in the past. so it is doing a little bit better. >> reporter: now this is what a little bit better can lo...

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They take their role in politics very seriously and they really try to know everything about the candidates. this is a very serious political state. i want has a progressive tradition. eve gone for a democrat four of the last five times only for bush in '04. we thent for gore, clinton twice and this is a state not feeling the pain. 5% unemployment. they didn't have the foreclosure problem. they are a prosperous state. the recession skips over iowa. they are liking obama. >> whatever happens, whoever wins and we did our election maps and i have iowa going to obama, iowa is a state where romney ...