Foreclosure News

The latest collection of news articles on the web relating to foreclosures.

Foreclosures still 3 times the normal level
Five years after the Great Recession, homeowners are still struggling with foreclosures.

Zombie Foreclosures Are Haunting Towns Across the United States
NEW YORK ( MainStreet ) — One in five homes in the foreclosure process are zombies, according to RealtyTrac which says that Florida leads the list with maybe 55,000 homes that are abandoned by their owners and in a legal limbo.

Foreclosures and redemptions in real estate mortgages (i)
NOT all loans or credit accommodations turn alright. As borrowers, there will be instances when the expected payments for our loan and credit obligations will not be realized. In these instances, the creditor (or mortgagee) will have the legal basis to institute foreclosure of the mortgaged property, and the debtor...

Foreclosures fall to pre-bubble levels
The housing market finally shows signs of returning to normal, as foreclosures nationwide reach a 98-month low.

10 states where foreclosures are soaring
The number of homes in trouble is not falling in every state.

Why foreclosures as a percent of mortgages keep falling rapidly
The federal government has taken numerous steps to reduce foreclosures, starting with loan modification programs and also encouraging servicers to pursue other means of dealing with a delinquent borrower....

Capili: Foreclosures and redemptions in real estate mortgages (i)
NOT all loans or credit accommodations turn alright. As borrowers, there will be instances when the expected payments for our loan and credit obligations will not be realized.

Shelby County Residential Foreclosures Drop 22 Percent
Foreclosures have been on a consistent downward slope in Shelby County, with newly available figures underscoring the comprehensive nature of the decl...

Foreclosures projected to level off through '17
Foreclosures in Orange County are expected to level off for the next three years, according to a forecast by the Orange County Clerk's Office.

Annual Foreclosure Rate Highest in Florida
In the month of August, 45,000 U.S. home foreclosures were completed, up 1.1% month over month but down 22.2% from a year ago.