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Foreclosure News

Foreclosures news continually updated from thousands of sources around the net.

1 min ago | Business Journal

RealtyTrac figures show few short sales and fewer foreclosure auctions

Sacramento's reputation as a bargain market for distressed homes is over, with foreclosure auctions and short sales both declining by half or more between July 2013 and last month, according to figures from RealtyTrac.

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Related Topix: Housing

3 hrs ago | WIOD-AM Miramar

South Florida Home Appreciation Continues

RealtyTrac Vice President Daren Blomquist says, it may seem counter-intuitive, but the high rate of foreclosures in the Miami-Fort Lauderdale-West Palm Beach market is fueling prices upward.

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Related Topix: West Palm Beach, FL

7 hrs ago | Investopedia

Top Reasons To Apply For An FHA Loan

Following the Great Depression of 1929, few families were able to purchase homes, and many who had previously owned homes lost them to forced sales and foreclosure.

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Related Topix: Mortgage, Personal Finance, Home

Wed Aug 27, 2014

Housing Wire

CoreLogic: Far fewer foreclosures coming to market

The monthly foreclosure report is out from mortgage data and analytics provider CoreLogic .

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Related Topix: Home, Mortgage, Personal Finance

Chicago Tribune

Alleged mortgage relief scammer nabbed at wedding

The man allegedly at the center of a sophisticated mortgage rescue scam that duped more than 50 suburban homeowners last year is on his way back to Chicago, following his arrest in Nashville, Tenn., last month.

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Related Topix: Home, Mortgage, Personal Finance, Wedding, Nashville, TN

Nanaimo Daily News

Cypriots protest proposed foreclosures legislation mandated by bailed-out country's creditors

Hundreds of Cypriots have staged a protest outside the presidential palace against proposed legislation aimed at helping the bailed-out country's beleaguered banks collect on bad loans.

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Related Topix: Mortgage, Personal Finance, Home

Examiner.com

Boomerang buyers, purchasing a home after a Foreclosure or Short Sale

There are some mortgage programs, such as the FHA Back To Work program, that allow for these consumers to qualify for a new loan within as little as 12 months.

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Related Topix: Home Listing, Home, Mortgage, Personal Finance, Trinity, FL

Newsday

Investors acquire loan on Charles Wang's LI Marriott, seek to resolve foreclosure proceedings

An investor group is acquiring the $103.5 million loan owed by Charles Wang's Long Island Marriott Hotel and Conference Center, and is in talks to resolve foreclosure proceedings, a lawyer for the group said.

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The Financial Mirror

DIKO to block Cyprus foreclosures bill

The foreclosures bill is a demand laid down by the Troika of international lenders so that banks could have a tool to force borrowers to repay their loans and lower the bank's non-performing loans portfolio.

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Related Topix: World News, Cyprus, Middle East, Home, Mortgage, Personal Finance

Tue Aug 26, 2014

The China Post

Sales of new homes in the US fall in July

Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery.

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Related Topix: Housing, Home, Mortgage, Personal Finance

WTNH

Financial crisis for Elm City Market Co-op to be resolved

A financial crisis for the only downtown New Haven grocery store may be resolved this week.

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Related Topix: New Haven, CT

WTNH

Attorney Talks Foreclosures

The floodgates of foreclosure have opened again. People believe that if they are applying for a modification that foreclosure is a suspended myth.

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Related Topix: Economics News, Bankruptcy

Business Journal

Foreclosures down overall but 1 in 10 homeowners in Florida is late on mortgage payments

Foreclosure starts increased nationwide for the third consecutive month but are down 20 percent from last year, according to Black Knight Financial Services' "First Look" at mortgage data for July, released today.

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Related Topix: Home, Mortgage, Personal Finance, Insurance, Fidelity National Financial

Hispanic Business

Foreclosures vote on Friday

BARRING the unexpected, the House plenum is to convene extraordinarily this Friday to vote on a contentious foreclosures bill and other related legislation, as the government again warned that failure to pass these would derail the country's fraught path to economic recovery.

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Business Journal

Dayton-area lands $2.75M to help with blighted properties

Three Dayton-area counties have received a combined $2.75 million to help with blighted properties.

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Related Topix: Dayton, OH

WGBH

Many Homeowners Still Qualify For Mortgage Relief

Mel Watt, director of Federal Housing Finance Agency, says many homeowners who could qualify to refinance their mortgages under the HARP are suspicious.

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Related Topix: Home, Mortgage, Personal Finance

Mon Aug 25, 2014

Daily Kos

Economics Daily Digest: The mortgage crisis, act 2

With a large number of mortgage relief measures scheduled to end in the coming year, David Dayen says that many foreclosures will seem as though they were only deferred from 2008.

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Related Topix: Personal Finance, Mortgage

New Yorker

Overselling the Settlement

After several days of sober public appearances involving the ongoing protests in Ferguson , Missouri, Attorney General Eric Holder allowed himself the briefest of smiles on Thursday morning.

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Related Topix: Home, Mortgage, Personal Finance

Examiner.com

Banks coming after homeowners who let their homes go to Foreclosure in bunches

A recent article published by the Florida Association of Realtors confirmed what we've feared for many months now.

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Related Topix: Real Estate, Home Listing, Home, Mortgage, Personal Finance

KEPR CBS 19

Sales of US new homes fall in July

Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery.

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Related Topix: Housing, Home, Mortgage, Personal Finance

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