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Foreclosures Bank Owned Real Estate News

Big banks easing mortgage terms for at-risk borrowers Sunday, July 3, 2011 @ 4:20AMAs millions of Americans struggle in foreclosure with little hope of relief, big banks are going to borrowers who are not even in default and cutting their debt or easing the mortgage terms, sometimes with no questions asked.
Banks Easing Terms or Debt on Some Option ARM Loans Saturday, July 2, 2011 @ 4:29AMTwo of the nation’s biggest lenders are quietly modifying loans for tens of thousands of borrowers who have not asked for help but whom the banks deem to be at special risk.
Real Estate Wonk: 3 measures that matter for a housing market's health Wednesday, June 22, 2011 @ 9:32AMFirst, jobs. Second, the price of homes vs. the cost to rent. Third, foreclosures. Makes sense. If the local economy isn't growing, you won't have a growing number of people able to buy.
Home sales sink to lowest level of the year Tuesday, June 21, 2011 @ 9:16AMThe crucial spring home selling season is almost gone and it has left a wounded housing market limping in its wake.
Palm Beach County home sales up 26 percent in May Tuesday, June 21, 2011 @ 5:29AMPalm Beach County home sales up 26 percent in May
Tulsa foreclosure rate falls, but now ranks 20th in U.S. Thursday, June 16, 2011 @ 4:47AMTulsa-area home repossessions are still well below last year thanks to a flat May, according to a new report.
California home sales extend their slide in May Wednesday, June 15, 2011 @ 5:30PMSales of homes in California plunged 13.3% in May from the same month a year ago, when tax incentives were fueling the market, according to real estate research firm DataQuick of San Diego. The lackluster sales market, which economists say...
Through NINA, a Refinancing Nightmare in Brooklyn Sunday, June 12, 2011 @ 9:17PMAn immigrant couple with a home in Brooklyn has struggled under the terms of a No Income, No Assets loan typical of many made in recent years.
Condominium sales rise on Maui Saturday, June 11, 2011 @ 6:43AMSales of condominium units were the bright spot in the May Maui home sales picture, as compiled by the Realtors Association of Maui Inc. Sales of condominium units rose 5.7 percent in May, with 111 units sold versus 105 in the year-ago period.
First Bancshares, Inc. Announces Third Quarter Fiscal 2011 Results Wednesday, May 11, 2011 @ 3:22PMMOUNTAIN GROVE, Mo. -- First Bancshares, Inc. , the holding company for First Home Savings Bank , today announced operating results for the third quarter of its fiscal year ending June 30, 2011.
Wilmington home price decline moderates, research firm says Wednesday, May 11, 2011 @ 10:59AMPrices in New Hanover, Brunswick and Pender counties combined continued to fall from year-earlier levels.
C&F Financial Corporation Announces First Quarter Earnings Friday, April 29, 2011 @ 11:00AMC&F Financial Corporation , the one-bank holding company for C&F Bank, today reported net income of $2.97 million for the first quarter of 2011, compared with $1.73 million for the first quarter of 2010, a 72 percent increase. Â Net income available to common shareholders for the first quarter of 2011 was $2.68 million, or 85 cents per common share assuming dilution, compared with $1.44 million ...
Purchase A Home In Miami Foreclosure Market Friday, April 29, 2011 @ 9:58AMYou do not have to be expert in order to enjoy an amazing deal in buying a quality home in Miami foreclosures. The market is filled with thousands of foreclosed and bank-owned properties that come in single family home to condos.
Foreclosed Brunswick homes in disrepair not a problem, yet Friday, April 29, 2011 @ 8:43AMThe home has been lost, but not forgotten.
Las Vegas foreclosures catch up with high rollers Friday, April 29, 2011 @ 2:33AMNicolas Cage, the Oscar-winning star of "Leaving Las Vegas," bought a seven-bedroom home with a panoramic view of the city's casino-lined Strip in 2006 for $8.5 million. By January 2010, it was in foreclosure. The next...
Home sales in Shasta County jump in March Wednesday, April 20, 2011 @ 1:06AMDeclining home values — thanks to foreclosures and short sales — and perhaps some balmy weather in January, helped jump-start sales in Shasta County in March.
Property assessments 'grossly overvalued,' landlord says Tuesday, April 19, 2011 @ 11:09AMFlagstaff businessman Jeff Oravits wants to do more than just appeal three of the property tax assessments he recently got in the mail.
Orlando home prices rise; inventory shrinks Thursday, April 14, 2011 @ 11:33AMExisting home prices in Orlando edged up in March for the second straight month with distress sales continuing to dominate the market, according to a report released Thursday by the Orlando Regional Realtor Association.
Foreclosure filings jump 32 percent between February and March Thursday, April 14, 2011 @ 10:20AMPeninsula-area foreclosure filings last month increased 32 percent from February, as the housing market continues to see weak demand, falling prices and tight credit.
Bank gives man foreclosed Jacksonville house for free Sunday, April 10, 2011 @ 1:02AMPerry Laspina was in the middle of foreclosure with the possibility of losing the house he owned in Jacksonville. Then the mail came one day in late January telling him that the house was his.
Las Vegas Home Prices Down 5.2 Percent From Last Year Tuesday, March 22, 2011 @ 12:44PMRealtor Tim Kelly Kiernan sees a lot of lowball offers on Las Vegas homes, mostly from investors who aren't convinced the market has hit bottom. They automatically factor in a 10 percent to 20 percent discount off the list price, he said. "They're very
Home Sales Inch Up 3.3 Percent In February Tuesday, March 8, 2011 @ 1:21PMHome "flipping" has become a profitable venture again in Las Vegas now that median prices have retreated to 20-year lows. Prices are bouncing around the bottom, a function of the type of home that's coming on the market, said Paul Bell, president of the
Angry protestors in Paterson confront mayor Monday, February 28, 2011 @ 9:00PMPATERSON – The protest turned tense when Mayor Jeffery Jones arrived. A swarm of angry residents hurled questions and accusations, growing increasingly agitated about the tax chokehold that has gripped this city.
RealtyTrac: Foreclosure Home Sales Down 45% In Q4 Thursday, February 24, 2011 @ 1:33AMRealtyTrac, an online marketplace for foreclosure properties, Thursday reported that fourth-quarter foreclosure home sales declined 45 percent, on a year-over-year basis, hitting its lowest level since the first quarter of 2008. RealtyTrac also said that foreclosure sales accounted for 26.5 percent of all U.S. residential sales in the quarter.
Foreclosures a fourth of 2010 sales in Manatee Wednesday, February 23, 2011 @ 10:51PMMANATEE -- A quarter of all Manatee County homes sold in 2010 either was bank-owned or in foreclosure proceedings, little-changed from the previous year, data released today show.
Housing faces life without tax breaks Wednesday, February 23, 2011 @ 11:45AMHousing faces life without tax breaks - The housing market got off to a rip-roaring start
Sales of previously owned US homes increase by 2.7% Wednesday, February 23, 2011 @ 9:38AMSales of previously owned US homes increase by 2.7%
First Bancshares, Inc. Announces Second Quarter Fiscal 2011 Results Tuesday, February 22, 2011 @ 4:33PMMOUNTAIN GROVE, Mo.--(BUSINESS WIRE)--First Bancshares, Inc. (“Company”) (NASDAQ - FstBksh: FBSI), the holding company for First Home Savings Bank (“Bank”), today announced operating results for the second quarter of its fiscal year ending June 30, 2011. For the quarter ended December 31, 2010, the Company had a net loss of $1.5 million, or ($0.95) per share – diluted, compared to net income of ...
First Bancshares, Inc. Announces Second Quarter Fiscal 2011 Results Tuesday, February 22, 2011 @ 4:25PMFirst Bancshares, Inc. , the holding company for First Home Savings Bank , today announced operating results for the second quarter of its fiscal year ending June 30, 2011.
Yes in my backyard Tuesday, February 22, 2011 @ 4:24PMHow Marin should put out the affordable housing welcome mat... While a contentious debate continues about whether Novato should have to bow to state affordable housing quotas, two affordable housing organizations have quietly embarked on a program that adds affordable homes to the city's mix.
New Doubts Over Housing Data Tuesday, February 22, 2011 @ 3:04PMBy Diana Olick, CNBC Real Estate Reporter NEW YORK (CNBC) -- Most consider President's Day weekend to be the official start of the spring housing season. There is, therefore, no more crucial time than now to have reliable data at our disposal for home sales, prices and inventories. How else do buyers, sellers and investors know how to proceed? Unfortunately, the housing crash itself has ...
Commercial real estate values plunge for first time in 20 years, new reappraisal says Friday, February 18, 2011 @ 7:17PMCommercial real estate values plunge for first time in 20 years, new reappraisal says - For the first time in two decades, commercial real
Cache County sees steady stream of foreclosures in January Thursday, February 17, 2011 @ 2:03AMCache County is seeing a steady pace of foreclosures, but the numbers aren't as bad as in other parts of the state.
All property owners will get notices on tax assessments this year Thursday, February 17, 2011 @ 1:45AMROCKFORD — Even as county boards of review hear the final challenges to the 2010 assessments for taxes payable in 2011, township assessors are in the field assessing all properties for 2011 property taxes to be paid in 2012.
Stocks Down at Mid-Day, But Off Lows, as Investors Digest Mixed Economic Data Tuesday, February 15, 2011 @ 12:21PMStocks are down at mid-day but off session lows, as investors digest mixed economic data led by disappointing January retail sales and flat sentiment among home builders. Adding to the mix is the
Mid-Day Update: Stocks Down on Economic Data; Investors Eye NYSE, Deutsche Boerse Deal Tuesday, February 15, 2011 @ 12:21PMHere's where markets stand at mid-day: -NYSE down 22.58 (-0.27%) to 8,382.57 -DJIA down 45.79 (-0.37%) to 12,222.40 -S&P 500 down 4.90 (-0.37%) to 1,327.32 -Nasdaq down 12.65
Orlando home prices drop to 13-year low Tuesday, February 15, 2011 @ 7:37AMGet Business Mobile Text Alerts : Text OSBIZ To 43886 Orlando's median home price in January sank to $94,950, its lowest level since November 1997, with cash deals driving more than half of the sales, according to a new report by the Orlando Regional Realtor Association.
Mortgage crisis report released Tuesday, February 15, 2011 @ 2:44AMThe Idaho Attorney General's Office believes intervention on the foreclosure crisis on behalf of homeowners is needed.
Outside the Box: 10 reasons to be bullish on housing Tuesday, February 8, 2011 @ 11:10PMAlmost five full years into the housing downturn, it’s still cool to be bearish on real estate — but that’s a mistake, writes Andrew Jeffery.
Richard Gaudreau: Foreclosure Sale -- Buyer Beware! Tuesday, February 8, 2011 @ 4:42PMBuyers of property at foreclosure are looking for a bargain, but that risk now must include the possibility that the title will be defective.
WILL VRAGOVIC | Times Thursday, February 3, 2011 @ 5:48PMBy Mark Puente, Times Staff Writer Thursday, February 3, 2011 Shea and Michelle Carlin recently had their eye on a two-story home with an expansive balcony outside Brooksville. As is often the case with foreclosures, the previous owners pilfered the entire kitchen and all the light fixtures. The Carlins couldn't afford the $46,000 in repairs, and banks wouldn't lend them the money to buy the ...
Hanmi Financial Corporation Fourth Quarter 2010 Nets First Quarterly Profit of $5.3 Million in Two Years Thursday, January 27, 2011 @ 7:30AMLOS ANGELES -- Hanmi Financial Corporation , the holding company for Hanmi Bank, today reported a fourth quarter profit of $5.3 million or $0.04 per diluted share, with substantial improvement in credit metrics.
Buyer May Not Own in Faulty Foreclosure Friday, January 21, 2011 @ 1:01PMA case in Massachusetts will consider whether a buyer owns a home if the bank didn’t rightly foreclose on the original owner
2011 brings new wave of new foreclosures Tuesday, January 18, 2011 @ 3:51PMBirmingham, AL – With the new year comes new opportunity, and this Thursday the opportunities lie with prospective homebuyers as a new wave of Birmingham area and Alabama foreclosures are auctioned at 6:30 p.m. at the Sheraton Birmingham Hotel by Auction.com. This year, a record number of foreclosures in Birmingham and the U.S. are expected to hit the market, and the first wave of these new ...
Bankruptcy fails to halt Fresno Pacific Towers auction Tuesday, January 18, 2011 @ 1:43PMA bank took possession of Fresno Pacific Towers in a foreclosure auction Tuesday, ending an entrepreneur's dreams for the landmark of downtown Fresno's Fulton Mall.
Orlando home sales post 22 percent gain at end of 2010 Friday, January 14, 2011 @ 8:04PMOrlando's existing-home sales finished strong in 2010, posting a 22-percent gain in sales in December as the median price edged up to $106,000 from $105,000 in November, according to a report by the Orlando Regional Realtor Association. In all, Realtors sold 2,368 existing
Foreclosures set another record in 2010 Friday, January 14, 2011 @ 4:51PMForeclosures set another record in 2010 - Local real estate agents offered mixed opinions ab
Strong year end for home sales Friday, January 14, 2011 @ 3:46PMOrlando's existing-home sales finished strong in 2010, posting a 22-percent gain in sales in December as the median price edged up to $106,000 from $105,000 in November, according to a report by the Orlando Regional Realtor Association.
Dechter: 2011 is looking greener Thursday, January 13, 2011 @ 4:42AMRecord low interest rates. Tax credits. Foreclosed homes, falling prices, short sales. Yes, 2010 was a year for the record books. According to benzinga.com, 2010 looked something like this in the homes market:
California bucks national foreclosure trend in 2010 Thursday, January 13, 2011 @ 12:00AMLOS ANGELES -- Fewer Californians grappled with foreclosure last year, bucking a national trend and giving homeowners fresh hope that the state's housing market could be on the mend.