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Home Foreclosures News

'Indian consumers still most bullish globally' Sunday, July 17, 2011 @ 10:33PMIndia's score in the Nielsen Global Consumer Confidence Index fell 5 points from the previous quarter to 126.
Challenges facing America's least-tainted large bank Sunday, July 17, 2011 @ 10:03PMUnder CEO Jamie Dimon, J.P. Morgan Chase weathered the financial crisis well. But it is too big?
Recovery resources: Expo provides information for storm victims Sunday, July 17, 2011 @ 3:32AMSBA representative Jack Camp, left, assists Charles Taylor as he fills out paperwork during a FEMA housing expo at Central High School on Saturday.
Home sales probably rose in June Sunday, July 17, 2011 @ 3:29AMHome sales and construction in the U.S. probably rose in June from depressed levels as the industry struggled to gain traction in the face of foreclosures, falling prices and rising unemployment, economists said before reports due out this week.
Gazette.Net: NewsWatch:?Foreclosure filings plummet in first half of year Friday, July 15, 2011 @ 12:10AMThe rate of foreclosure filings in Maryland in the first half of the year plunged 54.0 percent from the second half of 2010 and 68.5 percent from a year earlier, according to new data from RealtyTrac of Irvine, Calif.
Alone in a battle over her loan Friday, July 15, 2011 @ 12:03AMVera Johnson, 42, the owner of the Village Green Perennial Nursery in West Seattle, is on the brink of losing her home and her business.
Lawyer Indicted, Offshore Accounts, Groupon, Data Breaches: Compliance Thursday, July 14, 2011 @ 11:29PMTheodore L. Freedman, a former bankruptcy partner with the international law firm Kirkland & Ellis LLP, was indicted yesterday for understating his income by $2.1 million from 2001 to 2004.
Emergency Homeowner Loan Program made available to Texas Wednesday, July 13, 2011 @ 10:42PMIn a turbulent time in the housing market, some homeowners will receive some government relief.
30-acre retail/residential center coming to Lehigh? Wednesday, July 13, 2011 @ 10:36PMLEHIGH ACRES, Fla. - There are signs of the economic recovery in Lehigh Acres. A developer wants to turn an open plot of land into a bustling business and residential center.
Iraq vet files class action suit against CitiMortgage Tuesday, July 12, 2011 @ 7:11PMAn Iraq war veteran has filed a class action suit against CitiMortgage, accusing the unit of Citigroup of illegally foreclosing on his home while he served in the Army National Guard.
'Trickle' of foreclosures continues Tuesday, July 12, 2011 @ 6:59PMBanks foreclosed on fewer homeowners in the South Bay in June while the number of people served notices they were falling behind on their payments rose slightly, according to a report by ForeclosureRadar Tuesday.
New York Seeks Data on Bank of America $8.5 Billion Pact Tuesday, July 12, 2011 @ 6:53PMNew York's attorney general is investigating Bank of America Corp's $8.5 billion settlement with investors over losses in mortgage-backed securities, and has sought data from 20 institutional investors that agreed to the accord.
Pulte buys 45 home sites in Clarkston Tuesday, July 12, 2011 @ 6:21PMFor the first time in five years, Pulte Group has purchased property in Michigan.
Foreclosure filings drop by one-third Tuesday, July 12, 2011 @ 6:21PMA fragile real estate recovery is how Toledo professionals are viewing two sets of Lucas County housing numbers released this week.
Federal crackdown forces revamp of state foreclosure requirements Tuesday, July 12, 2011 @ 6:16PMThe Office of the Comptroller of the Currency will require mortgage holders and those who service them to revamp how they foreclose on properties.
New Lawyer to Fight Illegal Foreclosures Tuesday, July 12, 2011 @ 5:30PMThe foreclosure crisis is still presenting a major headache for many Mid-Michigan residents. In Ingham County alone, hundreds of homes have fallen victim to an illegal foreclosure scam. Now the county is offering a new resource--an attorney to help those homeowners fight back.
What is the Fed Thinking? Tuesday, July 12, 2011 @ 5:26PMThe Federal Reserve just released the minutes to their June 21-22 FOMC meeting.
Why the Housing Tax Credit Failed Tuesday, July 12, 2011 @ 5:20PMTodays Journal takes a look at how the Obama administration is going back to the drawing board on housing.
Housing sale numbers rise; average prices kept falling Monday, July 11, 2011 @ 7:39PMRACINE COUNTY - More homes in the area are selling, but on average they're selling for less.
Research on Pulte Homes Inc. and KB Home - Residential Construction Still Hurting Monday, July 11, 2011 @ 8:17AMJOHANNESBURG, SOUTH AFRICA--(Marketwire - Jul 11, 2011) - www.stockcall.com/ offers investors comprehensive research on the Residential Construction industry and has completed analytical research on Pulte Homes Inc. ( NYSE : PHM ) and KB Home ( NYSE : KBH ). Register with us today at www.stockcall.com/ to have free access to these researches.
8,687 homes empty in Jackson County; one in seven houses are vacant in city Monday, July 11, 2011 @ 7:45AMWhen Marry Hurt looks at the empty houses on her mother’s street, she wonders what could be done with them.There are several. Some have boarded-up or broken windows and doors. Grass and weeds in the yard of another grow to...
Bay Area housing market reflects different rebounds Sunday, July 10, 2011 @ 2:01PMBay Area cities are rebounding from the housing crash in wildly different ways, confirming the adage that the three most important rules for home buying are location, location, location.
Investors to the rescue of housing market Sunday, July 10, 2011 @ 2:20AMReal estate investors will outnumber traditional borrowers 3 to 1 during the next two years, a new survey says, helping clear millions of repossessed properties from banks' books and pave the way for a recovery. Who is going to lead the housing market out of the doldrums?
Lawsuit filed over Utah foreclosures Saturday, July 9, 2011 @ 6:10AMST. GEORGE- A Salt Lake City law firm has filed a class-action lawsuit against Bank of America and its subsidiary ReconTrust for conducting foreclosure sales throughout the state that allegedly violate Utah law.
Local foreclosure filings fall: Metro-east Realtors see signs of optimism Saturday, July 9, 2011 @ 2:17AMThe rate of foreclosures in the metro-east is declining slightly.
Eye on enrollment figures Saturday, July 9, 2011 @ 2:06AMSome 414 fewer students enrolled in Lodi Unified School District schools last academic year than the year before, resulting in a funding loss of about $2 million, according to a recent state report.
Data show tiny rise in South Florida home prices Friday, July 8, 2011 @ 7:38PMSouth Florida home prices rose a miniscule 0.6 percent during the first six months of 2011, according to Clear Capital. (Sun Sentinel, file) At the halfway point of 2011, the predicted slide in home values in South Florida has not materialized, at least by one estimate that looks back at pricing trends over the first six months of the year.
Sales of $20-million-plus L.A. homes are rising Friday, July 8, 2011 @ 7:33PMReal estate experts and agents say the uptick in mega-estate sales may portend a turnaround in the broader housing market. A diamond-encrusted lining is emerging in Southern California's cloudy real estate market.
Data show tiny rise in South Florida home prices in first half of 2011 Friday, July 8, 2011 @ 7:33PMAt the halfway point of 2011, another predicted slide in home values in South Florida has not materialized, at least by one estimate that looks back at pricing trends over the first six months of the year.
I-Team: New Law Targets Trashed Foreclosed Homes Friday, July 8, 2011 @ 5:37PMAlmost every neighborhood has a foreclosed house that looks worn down, with weeds in the front yard, and a sickening green pool. But now, leaving a foreclosure in ruin will be a crime thanks to a new state law. Inside, a slideshow on one home left in shambles.
GOSSIP: Today's Wall Street Buzz in 60 Seconds Friday, July 8, 2011 @ 4:59PMGreenlight's latest investor letter is out, and David Einhorn had much to say on the crisis in Greece, but kept his Ben Bernanke slamming relatively contained, and asked why S&P is waiting to downgrade the U.S.
Las Vegas home sales surge in June as prices continue to fall Friday, July 8, 2011 @ 11:33AMThe demand for bank-owned properties in June spurred a jump in Southern Nevada home sales to one of its best levels in history.
Fraudclosures, I Mean Foreclosures, in Alabama Friday, July 8, 2011 @ 9:29AM"So far in Alabama I don't know of anybody that's been foreclosed on that shouldn't have been," Strange said. That was Luther Strange's comment in the Birmingham News today discussing the proposed $20 billion settlement among the States Attorneys General and the banks involved in the foreclosure mess. Wow! Really? Is he kidding? I am currently handling about ten cases, and I know of attorneys ...
Help for Avoiding Home Foreclosure Thursday, July 7, 2011 @ 6:22PMColumbia, SC (WLTX) - News19 hosted a phone bank Thursday night with South Carolina Homeownership and Employment Lending Program. The group was on to give advice to people on how to avoid foreclosures.
Toyota Mississippi on track for fall opening; staff up to 840 Thursday, July 7, 2011 @ 6:21PMBLUE SPRINGS - Last month, Volkswagen opened its Chattanooga assembly plant with 2,000 workers and Kia said it was hiring 1,000 new workers for its Georgia plant.
Report: No Downturn in the Rental Market Thursday, July 7, 2011 @ 5:50PMSecond quarter apartment numbers from Reis, a real-estate analysis firm, show that rents have gone up in 80 out of 82 U.S. markets during the last three months while vacancy rates have continued to fall.
Second-Quarter Dividend Duds Thursday, July 7, 2011 @ 10:32AMSee why these companies lowered their dividends in the second quarter and if they're now a good value.
Aid for unemployed homeowners boosted by Obama administration Thursday, July 7, 2011 @ 10:15AMThe Obama administration Thursday increased the aid available to many unemployed homeowners, allowing them to miss up to a year of payments to stave off foreclosure. Mortgage servicers for loans backed by the Federal Housing Administration will be required to...
BofA Loses Bid To End HAMP Mortgage Lawsuit Thursday, July 7, 2011 @ 10:07AMBank of America Corp. lost its bid to dismiss a lawsuit accusing it of reneging on promises to help borrowers modify their mortgage loans under a much-criticized federal program.
Education, health care move city up on Forbes list Wednesday, July 6, 2011 @ 8:01PMJohnson City has recently been ranked No. 28 on a Forbes list of the nation’s best small places for business and careers, a recognition local officials say is thrilling and well-deserved.
Jackson County property values drop Wednesday, July 6, 2011 @ 7:49PMIf you own a home south of I-10 in Jackson County, it's probably not worth as much as it was this time last year. The good news is your tax bill may be less. But that's not such good news for the county.
Alicia Jurney Whitlock elected Vice-chair of the Board of Directors for Haven House Wednesday, July 6, 2011 @ 7:19PMTriangle - Alicia Jurney Whitlock, Attorney at Smith Debnam Narron Drake Saintsing & Myers, LLP, has been elected Vice-chair of the Board of Directors for Haven House Services in Raleigh.
BofA mortgage lawsuit goes forward Wednesday, July 6, 2011 @ 7:10PMBank loses bid to halt loan modifications case. 7 Jul 2011 9:56 AM
Government lowers maximum amount for Freddie, Fannie and FHA loans Wednesday, July 6, 2011 @ 4:09PMBy Mark Puente, Times Staff Writer Wednesday, July 6, 2011 Starting October 1, home buyers seeking government-insured mortgages will have to pick lower-priced houses if they want the federal government to back the loans. Freddie Mac, Fannie Mae and the Federal Housing Administration are lowering the maximum loan amounts that the agencies will guarantee in more than 850 counties in the United ...
Bankruptcy filings slow in second quarter Wednesday, July 6, 2011 @ 4:04PMBankruptcy filings dropped in the second quarter of 2011, falling about 13 percent from a year ago.
Housing Price Drop Is Far Less if Distressed Properties Aren't Counted Wednesday, July 6, 2011 @ 3:44PMIn the five-plus years since the housing bubble burst nationwide, home values have dropped precipitously, dragged down by record numbers of foreclosures.
New Program May Make It Easier To Buy Foreclosed Homes Wednesday, July 6, 2011 @ 12:24PMThe incentives cut 3.5% off closing costs and encourage agents to show foreclosures.
Has the Banking Sector lost its Mojo? Wednesday, July 6, 2011 @ 12:19PMThe 20% plus gains experienced by bank stocks last year was nice, but the sustainability of the run doesn't look good. Find out why bank's problems is threatening money funds.
Home Foreclosures: 2011 Mirrors 2010 Wednesday, July 6, 2011 @ 12:07PMHome foreclosures in May suggest that the rate of people losing their homes this year will be about the same as it was last year. There were 340 foreclosures in May. That’s down about 15% from the month before and a fraction higher than in May of 2010. If you look at the monthly average, 2011 and 2010 are quite similar. Analysts with New Hampshire Housing say the underlying problems with ...
Patterson proposes wage freeze in Oakland budget Wednesday, July 6, 2011 @ 4:10AMCiting "incredibly tough times," Oakland County Executive L. Brooks Patterson today is expected to present a three-year budget that freezes county employee wages until 2014.