Amaya Muñoz cries in the arms of friends on being evicted from her home; the operation was conducted by 100 police officers. This is the mirror image of the horror affecting countless families across Spain, who are losing their jobs and their homes in the most shocking wave of austerity. Amaya Muñoz is the drama of the Spanish population facing austerity policies: she is jobless and homeless. “You... 

A bank-owned home in Miami, Fla., where foreclosure sales made up 39.7 percent in the most recent quarter, according to RealtyTrac. Analysts expect more foreclosures in early 2011. Over the holidays, many lenders put foreclosures on hold. But that temporary freeze is over now. Industry watchers are expecting thousands of foreclosed properties to hit the market in the weeks and months ahead. Home foreclosure...