Latest from The Spokesman-Review

• Kelly: The stigma of foreclosure lifts as lenders alienate borrowers

  May 5, 2013 in Business on Page E2 Our nephew, a high school teacher and coach in Southern California, decided to stop paying on his mortgage a year ago. Matt, 34, is still in the home. 2

• Reverifications help lenders weed out fraudulent borrowers

  April 21, 2013 in Business on Page E2 Can your lender challenge loan data after closing? Credit has become tighter and lenders are spending more time verifying a borrower’s assets, especially for investors. But just how long is …

• Big winners share lessons, risks of Powerball win

  November 28, 2012 in Nation/World COLUMBIA, Mo. (AP) — So you just won the $550 million Powerball jackpot, the second highest in lottery history. Now what? Perhaps it’s time for a tropical vacation or a …

• SD executes man for rape, death of 9-year-old girl

  October 30, 2012 in Nation/World SIOUX FALLS, S.D. (AP) — A South Dakota inmate was executed Tuesday night for the 1990 rape and murder of a 9-year-old girl who disappeared after leaving her home to …

• Renoir artwork from flea market now thought stolen

  September 27, 2012 in Nation/World WASHINGTON (AP) — The Renoir painting that caused a sensation when it was bought at a flea market for $7 may have been stolen from a museum six decades ago, …

• Report: Americans feel more confident in economy

  September 25, 2012 WASHINGTON (AP) — Americans are more confident in the economy than they have been in seven months, an encouraging sign for President Barack Obama with six weeks left in the …

• Fed unveils bold, open-ended steps to aid economy

  September 13, 2012 WASHINGTON (AP) — Alarmed by the chronically weak U.S. economy, the Federal Reserve launched an aggressive new effort Thursday to boost the stock market and make borrowing cheaper for years …

• New Orleans’ post-Katrina gentrification is touchy

  August 28, 2012 NEW ORLEANS (AP) — With Isaac bearing down on New Orleans, the city finds itself at a delicate moment in its rebuilding since Hurricane Katrina struck seven years ago. Private …

• What does it mean to buy property in receivership?

  October 23, 2011 in Business on Page E2 Mortgage defaults and delinquencies are common. Distressed properties account for nearly one-third of residential transactions. Foreclosures, short sales, banks’ REO (real estate owned) and bulk sales have become terms and …

• FHA becomes tangled in its own safety net

  August 14, 2011 in Business on Page E2 The conventional lending system wants more skin in the mortgage game. We all get that. But should it be an arm and a leg? It’s driving FHA off the playing …

• Five factors play key roles in mortgage application

  July 3, 2011 in Business on Page E1 NEW YORK — There’s rarely been a better time to buy a home. If only you could get approved for a mortgage. Despite the persistent uncertainty in the housing market, …

• Mortgage rates drop to another low, 4.58 percent

  July 1, 2010 in Business Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren’t rushing to refinance their loans or buy homes.

• New normal for home sales

  September 9, 2009 in Business on Page A8 The American dream of homeownership is still attainable. Buyers just have to deal with a new set of realities. A year after the collapse of the housing market triggered the …

• In brief: Group offers homeownership classes

  August 20, 2009 in Washington Voices on Page N4 SPOKANE VALLEY – The Community Frameworks HomeStarts homeownership program will provide information regarding the homeownership process and opportunities during meetings Aug. 31, Sept. 24 and Sept. 30. All meetings are …