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Foreclosure Filings Hit 3-year Low, Report Shows April 14, 2011, Reuters U.S. foreclosure filings fell in the first quarter to the lowest level since early 2008 amid an ongoing backlog following last year's halt in activity, according to a RealtyTrac report on Thursday. Default notices, scheduled...
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Nearly One in Four Second-quarter Home Sales a Foreclosure September 30, 2010, Reuters Nearly one in every four U.S. homes sold in the second quarter was a deeply discounted foreclosed house, putting the market on pace to work through distressed properties in about three years, RealtyTrac said. Wall...
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US Homes Lost to Foreclosure Up 25% on Year September 16, 2010, Associated Press Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis. The increase in home repossessions came even as the number of properties entering the foreclosure process slowed for the...
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U.S. Foreclosure Filings Rise 16% as Bank Seizures Set Record April 15, 2010, Business Week Foreclosure filings in the U.S. rose 16 percent in the first quarter from a year earlier and bank seizures hit a record as lenders stepped up action against delinquent homeowners, according to RealtyTrac Inc....
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Foreclosures Seen Still Hitting Prices February 16, 2010, Wall Street Journal More waves of foreclosures will keep downward pressure on home prices in parts of the U.S. over the next several years, two new studies project. The studies — by John Burns Real Estate Consulting Inc. and Standard &...
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U.S. Foreclosure Activity Spreads Beyond Hard-hit Metro Areas January 28, 2010, NewJersey.com Cities in the so-called Sand States dominated the foreclosure rankings in 2009, with the 20 worst-hit metro areas residing in Nevada, Florida, California and Arizona. Las Vegas had the largest number of foreclosure...
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Mich. Lawmakers Agree on 90-day Foreclosure Bill The Associated Press Michigan lawmakers struck a deal Wednesday to give homeowners facing foreclosure a 90-day window to stay in their house and potentially work out something with their lender. The legislation lets homeowners delay foreclosure proceedings...
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Don't Let Judges Tear Up Mortgage Contracts Wall Street Journal February 13, 2009 The nation faces a foreclosure crisis of historic proportions, and there is an understandable desire on the part of the federal government to "do something" to help. House Judiciary Chairman John Conyers's...
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Look at Case-Shiller Numbers, by Metro Area Wall Street Journal January 27, 2009 The S&P/Case-Shiller home-price index, a closely watched gauge of U.S. home prices, showed accelerating price declines. Obstacles Delay REO Sales Inman News January 27, 2009 This is the second installment in a two-part...