Foreclosure News

Mark Huffman has been a consumer news reporter for ConsumerAffairs since 2004. He covers real estate, gas prices and the economy and has reported extensively on negative-option sales.

The new owner of the former American Motors Corp. headquarters is under federal investigation for allegedly removing and disposing of asbestos illegally, according to a search warrant recently unsealed in U.S. District Court.

Developer Renzo Renzi's attempt to stop foreclosure auctions on two Miami condominium projects through Chapter 7 filings has failed.

On the 20th of May, hundreds of opponents of foreclosures marched on the Department of Justice demanding that the "too big to fail" bankers be jailed and foreclosures be ended.

Last week, we wrote about a campout to stop South Park homeowner Jeremy Griffin from being evicted after a foreclosure.

Wells Fargo & Co. and JPMorgan Chase & Co. -- two of Colorado's biggest banks -- have nearly halted foreclosure sales after federal regulators revised orders on how troubled borrowers were to be treated before losing their homes.

Shareholders of JPMorgan Chase have reportedly declined to strip Jamie Dimon of his title as mega-fat-cat Chairman/CEO of the ultimate too-big-to-fail-or-God-forbid-jail Chase, despite an unending stream of reports of illegal activities, an upcoming Senate hearing on one $8 billion scandal, and an astonishing new 45-page report, "JPM Out of ... (more)

Up to 10 people have been arrested at the Department of Justice for blocking the building while protesting home foreclosures.

Is FHA intentionally targeting condominiums, trying to exclude hundreds or thousands of them around the country from qualifying for financing under its mortgage insurance program? FHA officials tell me absolutely not.

After Nashville's historic 2010 flooding, Jae Won Shim went from living on a Goodlettsville hilltop with tony neighbors including Garth Brooks to spending 15 months without electricity and running water in an abandoned strip center he owned across from the Nashville Farmers' Market.

When it comes to foreclosures, Mansfield and the state are enjoying a drastic decrease.

Mortgage lenders breathed a sigh of relief on Monday as the Georgia Supreme Court issued a ruling that unties the hands of banks seeking to foreclose on borrowers in default.

The state Housing Mortgage and Financing Agency yesterday said it will make nearly $1.1 million in federal money available to provide more foreclosure prevention counseling.

Mary Townley of the Michigan State Housing Development Authority speaks about the partnership between the state and churches to promote A Step Forward, a program for people in danger of losing their homes, on Monday, May 20, at Oakdale Christian Reformed Church.

The single, easiest way to keep track of all the stocks that matter... Your own personalized stock watchlist! It's a 100% FREE Motley Fool service... ) over scores of alleged breaches of last year's $26 billion fraudclosure settlement, B of A got tough.

Banks have paid less than half the $5.7 billion in cash owed to troubled homeowners under nearly 30 settlements brokered by the government since 2008, delaying help to the millions of victims of discrimination and shoddy lending that epitomized the housing crisis, according to a Washington Post analysis of government data.

Data released Thursday by RealtyTrac shows the number of building permits is up 73% in the first three months of 2013 compared with the same time last year.

Prince George's County officials unveiled a new foreclosure action plan aimed at speeding up the demolition process after knocking down nearly 50 houses and apartment complexes so far this fiscal year.

The HomeOwnership Center of North Central Massachusetts is hosting pre-foreclosure clinics June 6, 12 or 27 at the Twin Cities CDC office, 470 Main St.

Blomquist: 'In some markets, the scales will tip more heavily in favor of supply of homes for sale in the coming months.' IRVINE, CA-In seesaw fashion, the number of single-family building permits in the first quarter rose 27% from a year ago, while foreclosure starts dipped 27% during the same time period, according to RealtyTrac Inc.