Foreclosures news continually updated from thousands of sources around the net.
1 hr ago | Housing Wire
Alan David Tikal, 46, of Brentwood, California, was convicted yesterday on 11 counts of mail fraud and one count of money laundering in a mortgage fraud scheme through which he stole $5.8 million in fees and monthly payments from struggling homeowners. According to evidence presented at a one-day bench trial, Tikal operated a business known as KATN and falsely claimed to be a registered private banker between January 2010 and August 2013.
4 hrs ago | Patch.com
A program backed by the Troubled Asset Relief Act has helped more than 550 Oakland County residents remain in their homes. A program that helps Oakland County homeowners pay off delinquent property taxes, interest and fees just received its five-millionth dollar, according to a news release.
4 hrs ago | JD Supra
The District of Columbia's condominium "super-priority lien" law grants super-priority to condominium association liens for up to six months of unpaid assessments. The super-priority lien law does not specify what happens when the condominium association forecloses and the proceeds of the sale are insufficient to pay the first deed of trust.
7 hrs ago | KSFY
Foreclosure of a business can concern many people, foreclosure of an entire mall can concern even more. It's been 9 months since a Delaware Mortgage company foreclosed on the Lakewood Mall in Aberdeen, but since Thursday it is under new ownership.
11 hrs ago | ABC15.com
Severe Thunderstorm Warning issued September 16 at 3:29AM MST expiring September 16 at 4:15AM MST in effect for: Maricopa Areal Flood Advisory issued September 16 at 3:19AM MST expiring September 16 at 7:15AM MST in effect for: Maricopa Flash Flood Watch issued September 15 at 2:47PM MST expiring September 18 at 6:00PM MST in effect for: Gila, La Paz, Maricopa, Pinal Flash Flood Watch issued September 15 at 2:54PM MST expiring September 18 at 6:00PM MST in effect for: Apache, Coconino, Gila, Navajo, Yavapai PHOENIX - Sibyelle Freiwald tried for a long time to get her home loan refinanced. "I've tried with different companies.
12 hrs ago | JD Supra
On August 20, 2014, the North Carolina Supreme Court issued an opinion giving great weight to properly-drafted forbearance agreements in a commercial loan and guaranty context. RL REGI N.C., LLC v.
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.
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.
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.
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.
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.
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.
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.
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.
Properties sold at the Boulder County Public Trustee foreclosure auction for Sept. 10, 2014.
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.
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.
Updated: Tue Sep 16, 2014 02:48 pm
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