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Foreclosure News

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

49 min ago | The Times-Tribune

Steamtown mall management chaning

Zamias Services Inc., a Johnstown property management and development firm, will become the receiver and run the mall's operations, legal work indicates.

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Related Topix: Home, Mortgage, Personal Finance, Lackawanna County, PA

Mon Jul 28, 2014

The Macon Telegraph

Tax revenues down in Houston County but taxes won’t go up

Houston County commissioners approved Monday a 9.95 millage rate for fiscal 2015 -- the same as the last six years, noted Commission Chairman Tommy Stalnaker.

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Related Topix: Houston County, GA

Housing Wire

Is this approach to keeping owners in their homes a model to fight blight?

It's obvious it would be a bad idea to offer principal reduction through government programs, or through the GSEs homeowners would default intentionally to qualify and the owners of those mortgages would be in effect subject to uncompensated takings.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Non-Profit

JD Supra

"Operation Mis-Modification" Targets Foreclosure Relief Companies

The CFPB continues to ramp up its enforcement actions and its collaboration with state AG offices as part of the new " Operation Mis-Modification ."

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Related Topix: Mortgage, Personal Finance

NewsOK.com

Bank buys downtown Sioux City hotel

An Illinois bank was the sole bidder in a foreclosure sale for a 12-story hotel in downtown Sioux City.

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Related Topix: Personal Finance, Mortgage

Business Journal

Mercantil Commercebank sells Miami-Dade land at 69% loss

Mercantil Commercebank sold 51.1 acres of land in southern Miami-Dade County at a 69 percent loss to its repossessed mortgage.

Comment?

Related Topix: Miami Dade County, FL, Personal Finance, Mortgage, Coral Gables, FL

Post and Courier

Nexton shifting to new home construction in Summerville

Developer MeadWestvaco Corp. is moving forward with Brighton Park Village, a 400-acre community planned to include 675 homes, an elementary school and a park, said Ken Seeger, president of Summerville-based MWV Community Development and Land Management.

Comment?

Related Topix: Summerville, SC, Manufacturing, MeadWestvaco, Industrial Machines, Paper, Home, Mortgage, Personal Finance

Rocky Mount Telegram

Town Council talks taxes, foreclosures

Town officials discussed the task of collecting unpaid taxes at last week's regular meeting of the Tarboro Town Council.

Comment?

Related Topix: Tarboro, NC, Rocky Mount, NC

Sun Jul 27, 2014

Hudson Hub-Times

Chapel Hill Mall in foreclosure; new firm managing site

A foreclosure action has been taken on the Chapel Hill Mall property and a new firm is now managing the site.

Comment?

Related Topix: Real Estate, CBL and Associates Properties, Summit County, OH, Home, Mortgage, Personal Finance, Akron, OH

Covington Reporter

Attorney General Bob Ferguson sues deceptive mortgage rescue firms

Ferguson alleges Delay My Sale Date and US Recovery Program have taken advantage of homeowners by falsely promising they can delay or prevent foreclosure.

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Related Topix: Home, Mortgage, Personal Finance

The Motley Fool

Is Another Financial Crisis Coming Down the Road?

Recent data indicates more subprime borrowers than ever are applying for and receiving loans to buy cars.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Epidemic, Natural Disasters

Daily Herald

Home-rental firms Wall Street built say grow or go

Alexander Philips joined the rush to buy foreclosed U.S. homes four years ago, spending $40 million on houses in California and Nevada to operate as rentals.

Comment?

Related Topix: Scottsdale, AZ, Travel/Tourism, Hotels, Starwood Hotel and Resorts Worldwide, Housing

The Times-Tribune

First-half foreclosures mount

First-half property seizures, mortgage-default notices and home auction warnings in the Scranton/Wilkes-Barre metro area were up 10 percent over the first six months of 2013, according to RealtyTrac, a Los Angeles-area agency that calculates foreclosure data.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Wilkes-Barre, PA, Clarks Summit, PA

Sat Jul 26, 2014

Sunherald.com

Democratic House bios for Michigan's 14th District

TOP ISSUE AND PLAN TO ADDRESS IT: My top priority will continue to be promoting economic growth and providing families and businesses a fair opportunity to be financially secure.

Comment?

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

Cape Gazette

Biden secures millions for Delawareans affected by bank actions in housing crisis

Delaware Attorney General Beau Biden announced July 14 that Citigroup Inc. will pay at least $17 million to Delaware to settle allegations stemming from the bank's conduct that helped cause the housing crisis.

Comment?

Related Topix: Delaware, Delaware Government, US News, Home, Mortgage, Personal Finance

WSJV-TV South Bend

Elkhart County wins federal dollars to remove ugly homes

No one dreams of a view overlooking boarded up homes and crumbling rooftops. But after the foreclosure crisis, that sight became a familiar one for Elkhart families.

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Related Topix: Elkhart County, IN, Elkhart, IN

Salon

Too big to fail banks want to make amends with poor people

Bank of America and others claim they want to offer poor people low-cost banking services.

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Related Topix: Mortgage, Personal Finance, Home

Housing Wire

Fed releases SunTrust order over $160M mortgage penalty

The process was waiting to be completed after the U.S. Department of Housing and Urban Development, the U.S. Department of Justice, the Consumer Financial Protection Bureau and attorneys general in 49 states and the District of Columbia announcement in June over a $968 million mortgage origination settlement with SunTrust to cover mortgage ... (more)

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Related Topix: Home, Banking, Mortgage, Financial Services, Suntrust Banks, Personal Finance, US News, Criminal Defense Law, Law

The Washington Post

After foreclosure, an effort to repurchase a house

After 20 years in their house, Jaime and Juana Coronel lost it to foreclosure when Jaime's landscaping work dried up in the recession and the couple fell behind on payments.

Comment?

Related Topix: Home, Mortgage, Personal Finance, US Politics, Melvin Watt, US News, US House of Representatives, Democrat, North Carolina

Fri Jul 25, 2014

Business Journal

Sacramento man found guilty of mortgage fraud

Leonard E. Williams, 52, of Sacramento, from 2006 to 2008 conspired in mortgage fraud that led to more than $2 million in home loans being made, many of which defaulted.

Comment?

Related Topix: Sacramento, CA

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