States and municipalities may be inadvertently putting in roadblocks and costing taxpayers more when they approve policies that prolong the foreclosure process, such as by extending...
Tag Archives: foreclosure
Foreclosure Backlogs Starting to Clear, Report Says
Foreclosure starts rose 28 percent while foreclosure sales soared 29 percent in January compared to the previous month, according to the latest Lender Processing Services’ January...
Is the Foreclosure Crisis Finally Fading?
Foreclosures decreased by 8.4 percent -- or 130,000 -- in 2011, according to research by CoreLogic. ...
Foreclosure Sales are Down, Average Discount 34%
In the third quarter of 2011, homes that were in foreclosure accounted for 20 percent of all residential sales in the country, according to RealtyTrac in its latest Foreclosure Sales...
Banks, Gov’t Near Deal on Foreclosure Settlement
Up to 1 million at-risk, underwater borrowers may be eligible for a reduction on their mortgage principal, if a settlement between big banks and government officials gets the final...
Foreclosures Post Big Drop, Reaching 2007 Levels
Foreclosure filings posted a 33 percent drop in 2011, falling to their lowest levels since 2007, RealtyTrac reports. ...
Gov’t Reviews Proposals for Foreclosure-Rental Program
The Federal Housing Finance Agency received more than 400 proposals on how they should handle the high number of foreclosures that are plaguing many markets across the country. The...
Foreclosure Starts Rise to Highest Level of Year
Foreclosure starts moved up 20 percent in August over July, posting their highest monthly levels of the year....
Foreclosure Lawsuits Skyrocket
An uptick in court cases challenging the foreclosure process sent the Mortgage Litigation Index in the second quarter to its highest level on record, dating to 2007. ...
Foreclosures Sell for Up to 40% Less
Foreclosures made up about one-third of all home sales during the spring quarter (April to June), and sales were about six times the percentage of foreclosures in a healthy housing...
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- States With Highest, Lowest Price Appreciation in March
- Home Prices to Rise 4% Per Year?
- You May Have Nomophobia. Know What it Is?
- DOJ Weighs Fair Lending Charges Against Wells Fargo
- Experian: Lenders May Want to Expand Borrowing Pool
