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Michigan Foreclosures News

  • Sutter, Yuba among most stressed counties in nation Tuesday, July 19, 2011 @ 6:09PMWASHINGTON — Western states hit hardest by the housing crisis are feeling the greatest economic stress two years after the recession ended, according to The Associated Press's monthly analysis. Depressed home prices and high rates of foreclosures...
  • Lawmakers call for hearings on robo-signing Tuesday, July 19, 2011 @ 5:34PMLawmakers react to news that robo-signing continues; Hearing planned by Senate subcommittee
  • AP: Western States Lag in Recovery Tuesday, July 19, 2011 @ 4:22PMWASHINGTON (AP) – Western states hit hardest by the housing crisis are feeling the greatest economic stress two years after the recession ended,...
  • Ellis Co. remains among least stressed Tuesday, July 19, 2011 @ 9:54AMWASHINGTON (AP) -- Western states hit hardest by the housing crisis are feeling the greatest economic stress two years after the recession ended, according to the Associated Press's monthly analysis.
  • Foreclosure sale rate soars to 232 percent in Genesee County in June 2011 Saturday, July 16, 2011 @ 8:21AMForeclosed homes are the hot ticket on the Genesee County real estate market — sales have soared 232 percent since June 2010.
  • Cuts would hamper free legal services Saturday, July 16, 2011 @ 5:34AMST. JOSEPH - Proposed cuts in federal funding could hurt services offered by Legal Aid of Western Michigan, Deputy Director Mary Drolet said Thursday.
  • Good news for real estate market along West Michigan's Lakeshore Saturday, July 16, 2011 @ 5:26AMSee why Realtors are excited despite drop in number of sales.
  • Weekly Bull/Bear Recap: July 11-15, 2011 Friday, July 15, 2011 @ 4:07PMFrom Rodrigo Serrano of RCS Investments Weekly Bull/Bear Recap: July 11-15, 2011 Bull + Earnings reports are coming in and have been encouraging thus far. Google shines  blowing past Wall Street’s expectations on higher online advertising demand. Citigroup reports much better than expected earnings on improved investment-banking performance as did  JP Morgan .  Mattel’s results  also make the ...
  • Republicans target Obama in Pennsylvania Wednesday, July 13, 2011 @ 10:11PMNew TV ad hits president on economy in key states. — Pennsylvania is one of four traditionally Democratic states being targeted by Republicans in a new TV ad using President Barack Obama's own words from the 2008 campaign against him.
  • As copper soars, thieves extract a price Wednesday, July 13, 2011 @ 11:26AMNEW YORK (Reuters) - When thieves ransacked eight air conditioners in an apartment complex in the city of Mobile, Alabama, the culprits made off with $800 worth of scrap metal and left residents with $38,000 worth of damages.
  • RNC Targets Obama with TV Ad in Four Battlegrounds Wednesday, July 13, 2011 @ 10:14AMThe Republican National Committee continued its offensive against President Obama on the economy today, unveiling a second TV ad in a month-long national messaging campaign that began last week.
  • RNC launches ad in four states hitting Obama Wednesday, July 13, 2011 @ 10:03AMThe Republican National Committee this morning launched a new ad in four key states hitting President Obama on his handling of the economy.
  • Borrowers Fighting June Foreclosure Rise in California and Arizona Wednesday, July 13, 2011 @ 6:05AMCalifornia, Florida, Michigan, Arizona, and Nevada made up more than half of the foreclosure activity in May. According to ForeclosureListings.com, there were 8,828 California foreclosure listings in May and 10,506 in June; an increase of 19.0%.
  • The state(s) of obesity Tuesday, July 12, 2011 @ 11:10PMDespite the drum beat to exercise, eat right, and lose weight, it's no secret that the country is in the middle of an obesity epidemic and a pair of area psychologists believe the external factors that cause people to overindulge need to be explored more thoroughly.
  • West Michigan cities find ways to help restore homeownership Monday, July 11, 2011 @ 5:24AMAs problems became apparent, people started marshaling the tools needed to tackle it.
  • Foreclosures by Bank of America Expected to Rise Sunday, July 10, 2011 @ 7:29PMAs part of its $8.5 billion settlement with investors, Bank of America will turn over the work on tens of thousands of troubled mortgages to smaller servicers.
  • Unemployed homeowners facing foreclosure may get more time under new federal requirements Thursday, July 7, 2011 @ 1:11PMHomeowners with mortgages backed by the Federal Housing Administration may be eligible for a 12-month forbearance.
  • Michigan's Bonnie Jo Campbell spins a wild river odyssey Wednesday, July 6, 2011 @ 1:44AMThere's a lot of hunting, skinning and eating wild animals in Michiganian Bonnie Jo Campbell's new novel "Once Upon a River" (Norton, $25.95), so much so that the earthy Campbell, who grew up on a farm outside Kalamazoo, even started to gross herself out.
  • Church sees joy in missions giving Tuesday, July 5, 2011 @ 4:04PMCARSON CITY, Nev. (BP)--Home mortgages are underwater by $60,000 or more for many members, but giving to North American missions at First Baptist Church in Carson City, Nev., is on solid footing.
  • H.O.P.E. for pets and their owners - 7/4/2011 Tuesday, July 5, 2011 @ 9:44AMH.O.P.E. for Pets and their Owners By Erin Crowell These days, people can’t afford to keep their pets – a reality that happens in Northern Michigan and across the country every day due to a bad economy.
  • Beltway Briefing Friday, July 1, 2011 @ 11:07AMThe top five stories from US politics today. 1. Almost half a million donors have contributed to President Barack Obama's campaign, according to a "thank you" sent from his official Twitter feed.
  • Consumer Sentiment Falls in June Friday, July 1, 2011 @ 9:48AMNEW YORK (TheStreet) -- A sluggish recovery in the jobs market is proving a strong drag on consumer spirits, despite lower gas prices. The latest report by the University of Michigan shows that consumer sentiment for June dropped to 71.5 from a revised 74.3 in May. Consensus had estimated that sentiment would stay unchanged while Briefing.com predicted a slightly drop to 71. Falling consumer ...
  • Toledo's homes among most affordable nationwide Thursday, June 30, 2011 @ 2:22PMThe Glass City was ranked as the third cheapest place to buy a home in the entire country. Youngstown, Ohio and Lansing, Michigan came in at first and second.
  • Saginaw is an Example of Michigan Cities Facing Hardship Wednesday, June 29, 2011 @ 12:15PMSaginaw, Mich., is a city with a shrinking population of 50,000 residents, down from a peak of 100,000 a half century ago, but the 8-square-mile land mass had not shrunk. Cleanup crews in Saginaw this year expect to perform more than 7,000 cutting jobs on abandoned vacant lots and unmowed yards that surround rundown unoccupied houses, officials say. This amounts to approximately one cleanup job ...
  • Consumer confidence falls Tuesday, June 28, 2011 @ 11:46PMNEW YORK -- The drastic plunge in U.S. home prices continued to level off in April, hinting at stabilization in the housing market, but job market worries pushed consumer confidence to a seven-month low in June.
  • US home price decline eases, but consumers gloomy Tuesday, June 28, 2011 @ 2:13PMNEW YORK: The drastic plunge in US home prices continued to level off in April, hinting at stabilization in the housing market, but job market worries pushed consumer confidence to a seven-month low in June.
  • U.S. home price decline eases, but consumers gloomy Tuesday, June 28, 2011 @ 12:15PMNEW YORK (Reuters) - The drastic plunge in U.S. home prices continued to level off in April, hinting at stabilization in the housing market, but job market worries pushed consumer confidence to a seven-month ...
  • WRAPUP 2-US home price decline eases, but consumers gloomy Tuesday, June 28, 2011 @ 12:13PM* Case-Shiller seasonally adjusted prices down 0.1 pct * Consumer confidence falls to 58.5 in June * Data helps U.S. stocks, investors focus on Greece (Rewrites throughout, adds details, quote) NEW YORK, ...
  • SELWESKI: If middle class shrinks more, we may all be in Poor House Sunday, June 26, 2011 @ 12:26PMThe downward path from middle class to poverty was always a somewhat slippery slope in Michigan. Now, it’s a rocky cliff.
  • FBI says terrorism cases on upswing Saturday, June 25, 2011 @ 9:57PMFederal officials in Seattle say they unraveled a plot last week that was developed by what appear to be homegrown radicals embracing a militant Islamic doctrine.
  • From the comments: Debate over Kentwood officials' pay increases, and reporting about it Wednesday, June 22, 2011 @ 2:41PMShould The Press care about public employees' pay rates?
  • Researcher: Nev. business pessimistic on economy Tuesday, June 21, 2011 @ 2:42AMLAS VEGAS (AP) — Nevada businesses are pessimistic about the economy amid falling home prices, sluggish consumer spending and slow job growth, according to the Center for Business and Economic Research at the University of Nevada, Las Vegas.
  • Unemployment falls in fewer than half US states Saturday, June 18, 2011 @ 1:42AMUnemployment falls in fewer than half US states
  • Station Casinos emerges from bankruptcy Friday, June 17, 2011 @ 4:17PMStation Casinos of Las Vegas today said it emerged from bankruptcy. Nearly two years after its Chapter 11 reorganization filing, the company is out of bankruptcy after its plans were confirmed during the past few weeks by Bankruptcy Judge Gregg Zive in Reno and Nevada casino regulators.
  • Man Shoots At Cops with Nail Gun and … Friday, June 17, 2011 @ 11:28AM*Maybe you feel confused by the headline a little. Well, I’m going to clear that up for you. Think about it! When I said “Man shoots at cops…”, where did your mind go? Didn’t you assume he was dead? At least in my community those four words would usually end with “…and the gunman was pronounced dead [...]
  • Mayors face bigger financial woes as states cut help Friday, June 17, 2011 @ 11:16AMCHICAGO (Reuters) - As a candidate for Chicago mayor, Rahm Emanuel laid out big plans to put 1,000 more police on the streets and increase class time for public school students.
  • Daniel Howes: Don't let revival signs kill reform Friday, June 17, 2011 @ 8:58AMReform of the Michigan's business taxes is expected to move Michigan to 22nd in the country, up from 48th, according to estimates Business Leaders for Michigan is expected to detail at a conference Monday in Lansing.
  • Builders start more homes Thursday, June 16, 2011 @ 11:55PMBuilders nationally broke ground on more new homes in May, but not enough to signal a recovery in the troubled housing market. Home construction rose 3.5 percent from April to a seasonally adjusted annual rate of 560,000 units per year, the Commerce Department said Thursday.
  • U.S. housing market makes small gains in May Thursday, June 16, 2011 @ 5:11PM— Builders in the United States broke ground on more new homes in May, but most of the gains were in the volatile apartment sector.
  • Builders Start More Homes but Pace Still Slow Thursday, June 16, 2011 @ 4:21PMWASHINGTON (AP) – U.S. builders broke ground on more new homes in May, but not enough to signal a recovery in the troubled housing market. Home ...
  • US foreclosures kept low to mask crisis Thursday, June 16, 2011 @ 1:18PMIn a bid to disguise the true face of America's faltering economy, US foreclosure filings have slipped to a record level in four years, RealtyTrac Inc says.
  • Builders start more homes but pace still slow Thursday, June 16, 2011 @ 10:30AMWASHINGTON (AP) - Builders broke ground on more new homes in May, but not enough to signal a recovery in the troubled housing market.
  • 8.7% jump in housing permits doesn’t amount to recovery Thursday, June 16, 2011 @ 10:29AMBuilders broke ground on more new homes in May, but not enough to signal a recovery in the troubled housing market. New-home construction rose 3.5 percent from April to a seasonally adjusted annual rate of 560,000 units per year, the Commerce Department said Thursday. Economists say the pace of construction is far below the 1.2 million new [...]
  • Builders broke ground on 3.5 pct more new homes in May but pace is half of healthy level Thursday, June 16, 2011 @ 10:09AMWASHINGTON - Builders broke ground on more new homes in May, but most of the gains were in the volatile apartment sector. New-home construction rose 3.5 per cent from April to a seasonally adjusted annual rate of 560,000 units per year, the Commerce Department said Thursday. Economists say the pace
  • Emancipation Proclamation to make rare stop in Michigan Thursday, June 16, 2011 @ 9:27AMThe Emancipation Proclamation is to make a rare, round-the-clock appearance next week in Detroit at the Henry Ford in Dearborn -- and the buzz is building.
  • Schuette Subpoenas Foreclosure Information Wednesday, June 15, 2011 @ 9:45PMWants to know if companies robo-signed documents.
  • Michigan AG sends mortgage processors subpoenas Wednesday, June 15, 2011 @ 5:36PMLANSING, Mich. (AP) - Michigan Attorney General Bill Schuette has issued criminal investigative subpoenas against several mortgage processors as his office expands its investigation into questionable mortgage documentation practices.
  • Muskegon city commissioners approve 2011-12 budget; Taxes and services remain the same Wednesday, June 15, 2011 @ 2:37PMMUSKEGON — Thanks to the city's voters, Muskegon city commissioners are able to dodge the financial bullet that in past years has meant the elimination of programs, layoffs of employees and a tax increase.The city's $53.3 million 2011-12 budget is...
  • Fraudclosure | Michigan Attorney General Subpoenas (CRIMINAL) Lender Processing Services, Fidelity National Financial ... Wednesday, June 15, 2011 @ 1:35PMMichigan Attorney General Subpoenas Three Mortgage Processors in Probe Bloomberg - The Michigan attorney general’s office subpoenaed three mortgage processors including Lender Processing Services as part of a state probe of robo-signing. Michigan Attorney General Bill Schuette said his office served Lender Processing, Fidelity National Financial Inc. (FNF) and CT Corporation System with ...
  • Attorney General Schuette subpoenas 3 mortgage processors over questionable documentation Wednesday, June 15, 2011 @ 1:35PM(Bloomberg) — The Michigan attorney general's office has subpoenaed three mortgage processors as part of a state investigation of "robo-signing."