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Foreclosure News

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

1 hr ago | RecordNET

S.J. County foreclosures drop sharply

Foreclosure activity in San Joaquin County dropped sharply in August, falling nearly one-third from July and more than 50 percent from August 2013, real estate data firm RealtyTrac Inc. recently reported. It tallied a total 205 foreclosure related filings - notices of default, trustee sales or bank repossessions - in August for the county, compared to 300 such filings in July and 458 a year ago.

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Related Topix: August, CA, San Joaquin County, CA

1 hr ago | American Reporter

Momentum10 Reasons Why Jim Douglas Must Go

I have written often over the past few years about the house of cards that is the American economy, but the events of the past week should frighten everybody. First, there was the collapse of IndyMac, a California bank deeply involved in subprime lending.

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Related Topix: Financial Services, Fannie Mae, Home, Mortgage, Personal Finance, Freddie Mac, Financial Markets

2 hrs ago | WXMI-TV Grand Rapids

Kalamazoo mother loses home over one missed property tax payment

It's been a rough couple of years for Deborah Calley, who's overcome physical and mental obstacles, following a devastating car accident. The crash happened in 2008, leaving Calley with several injuries to her arms, wrists and neck.She said she had four big bruises on her brain, and says doctors were surprised that she doesn't have permanent brain damage.

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Related Topix: Kalamazoo, MI, Richland, MI, Home, Mortgage, Personal Finance

6 hrs ago | Investopedia

Purchasing A Short-Sale Property

When shopping for a home, you may notice that certain listings are labeled as short sales , short pays or pre- foreclosures . All of these terms mean the same thing: the seller is upside-down on his or her mortgage and is attempting to negotiate a deal with the lender in the hope of avoiding foreclosure.

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

11 hrs ago | Wall St. Cheat Sheet

7 States Leading the Rebound in Foreclosure Activity

While various aspects of the housing market have gradually improved from the trough of the financial crisis, foreclosure activity continues to remind us that the recovery is a painfully slow process. The number of foreclosure filings in the United States reached 116,913 in August, up 7 percent from the previous month, according to a new report from RealtyTrac.

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Related Topix: Personal Finance, Mortgage

12 hrs ago | Business Journal

Orlando home sales down, median price up in August

Orlando-area home sales declined in August while the median price continued to trend upward - albeit at a slower pace, the Orlando Regional Realtor Association reports.

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Related Topix: Orlando, FL, Housing, Real Estate

16 hrs ago | Investopedia

Falling Giant: A Case Study Of AIG

What was once the unthinkable occurred on September 16, 2008. On that date, the federal government gave the American International Group - better known as AIG - a bailout of $85 billion.

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Related Topix: Insurance, American International Group, Economics News, Bankruptcy, Home, Mortgage

20 hrs ago | Dr. Housing Bubble Blog

SoCal housing market so hot, sellers finding the need to cut prices:...

SoCal housing market so hot, sellers finding the need to cut prices: One third of sellers in Orange County have found the need to cut asking price. While the heat wave continues in SoCal drawing out the summer, there is little momentum from the 2013 real estate bonanza.

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Related Topix: Weather, Natural Disasters, Heat Wave, Home Listing, Home

Sun Sep 14, 2014

Cleveland Daily Banner

Cranfield joins team at RE/MAX

Kim Cranfield has recently joined the sales team at RE/MAX Real Estate Professionals in Cleveland, according to Chuck Jones, broker/owner. "Kim is a much welcomed addition to our RE/MAX Real Estate Professionals family.

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Related Topix: Cleveland, TN, Bradley County, TN

Daily Camera

Boulder County foreclosures: Sept. 15, 2014

Properties sold at the Boulder County Public Trustee foreclosure auction for Sept. 10, 2014.

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Related Topix: Boulder County, CO, Glenwood Springs, CO

The Miami Herald

Rebounding market provides confidence for more affordable housing options

Nationwide, pending home sales have risen in four of the past five months. In Broward County, we see a similar model of confidence in the housing market.

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

The Motley Fool

Your House Could Lose Value, But It May Be a Good Thing

Generally speaking, fall is slower than summer for real estate in the U.S. With kids off from school and weather more conducive to house-hunting, summer is the most practical time for many families to move, so it's no surprise that roughly half of all home sales take place during that season. However, one factor that we haven't had to deal with for a few years could boost home sales this fall.

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Related Topix: Home Listing, Home, Housing, Mortgage, Personal Finance

Dallas Morning News

Pinched consumers going on saving spree, looking for deals

The recession forced many people to change their ways as nearly 9 million Americans, including more than a half-million Texans, lost their jobs and home foreclosures hit record highs. Now, five years after the recession ended, the economy appears to be improving, but middle-class consumers still haven't bounced back.

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Related Topix: Texas, Marketing, Baylor University

American Thinker

The 1999-2008 Housing Mess: A Diagnosis and Prescription

As any physician will tell you, insightful diagnosis must precede effective prescription. Stated simply, you can't fix problems you don't understand or refuse to recognize.

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Related Topix: Home, Mortgage, Personal Finance, US Politics, Christopher Dodd

Sat Sep 13, 2014

Northern Michigan News

What's happening with the Cobbs Mitchell Building?

Since 2009, the Cobbs Mitchell Building has been on the cusp of a facelift and now it is possible it could be foreclosed on due to delinquent taxes. In 2009, developers Al Meshkin and Patty Meyer purchased the more than 100-year-old building from the city in hopes of converting it into a restaurant and possible banquet facility, as well as offices.

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Related Topix: Cadillac, MI, Wexford County, MI

The Florida Times-Union

Jacksonville exploring foreclosure of blighted property; Moncrief Road store, houses early targets

Residents sit on the front porch of their half of a duplex on Moncrief Road; the second unit has been condemned as an unsafe structure. Jacksonville officials trying to curb property neglect and neighborhood blight are making plans to foreclose on some buildings over unpaid fines for code violations.

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Related Topix: Jacksonville, FL, Criminal Defense Law, Law, Violent Crime

National Mortgage News

Atare AgbamuAn Open Letter to FHA's Carol Galante

Community Builder or Divider? Homeownership's Pluses and Minuses The benefits of homeownership are often cited in policy debates, though it has some downsides. Following are the advantages and costs of homeownership for neighborhoods and communities, as summarized in a recent research paper by Jason Fichtner and Jacob Feldman at George Mason University.

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Related Topix: George Mason University, Home, Mortgage, Personal Finance, UC Berkeley, Berkeley, CA

Hispanic Business

Former IMF chief to submit foreclosures proposals

Speaking to CNA, Polakis Sarris, on behalf of the law firm that represents Strauss-Khan's Luxembourgian firm ( is chairman of LSK, who have been our clients for some time and are interested in the new issue of ," said Sarris. LSK had expressed the wish to maintain contact with the government, the Finance ministry and ministry technocrats, its lawyer said.

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The Jewish Journal

Bnei Akiva seals $7.1 million deal on massive campground east of Los Angeles

After sitting dormant for nearly three years following a foreclosure and a lengthy lawsuit between Chabad of California - the previous owner - and Pacific Mercantile Bank, a 78-acre campground and resort center in Running Springs was sold Friday for $7.1 million to a different Orthodox Jewish group, Bnei Akiva of Los Angeles. An international Modern Orthodox youth organization, Bnei Akiva is raising another $2.9 million to refurbish it so that it can be used as a summer camp and a year-round resort for the local Jewish community.

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Related Topix: Running Springs, CA, San Bernardino, CA

The Financial Mirror

IMF: Cyprus foreclosures package not compatible with bailout

The IMF has urged the authorities in Cyprus to put in place a package on foreclosures that ensures that the process is effective and provides adequate and balanced incentives to work out the troubled loans, IMF Deputy Spokesman William Murray has said, adding that the current package is not compatible with the set goals. Murray said that on Thursday "an IMF team with representatives of the EU Commission and the ECB visited Nicosia to discuss the fifth review of the programme, back in July."

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Related Topix: Cyprus, World News

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