Upcoming Foreclosures - Bank Foreclosures For Sale News

Bank Foreclosures For Sale News

New ways to treat properties needed in foreclosures Saturday, September 4, 2010 @ 10:08PMWhen things go wrong and you find yourself in trouble, you can either try the same old solutions or you can think outside the box. It's like this with the current national foreclosure crisis. The way things are being handled doesn't seem to be working very well, so maybe it's time for some creative solutions.
Churches not exempt from nation’s foreclosure problems Saturday, September 4, 2010 @ 5:31PMCLEARCREEK TWP., Warren County — Pekin Road Baptist Church and the former Ridgeville Community Church are local examples of a negative national trend in the American mortgage industry.Since December 2007, the number of foreclosure proceedings brought against churches has tripled compared with the previous seven years, according to a review of the Thomson Reuters Westlaw legal database which ...
Pending Sales of U.S. Existing Homes Probably Dropped in July Wednesday, September 1, 2010 @ 11:42PMThe number of contracts to buy U.S. previously owned homes probably fell for a third straight month in July, signaling housing will be depressed for the rest of the year.
Local Foreclosures an Investment Magnet Wednesday, September 1, 2010 @ 4:56PMMemphis ranks number one in foreclosure bargains. While that's good news for people looking to get a deal on a first home, the bargain basement prices also attract investors not vested in the Memphis community. That has some worried they'll do more harm than good.
Woman Nearly Loses Home to Foreclosure Rescue Firm Friday, August 27, 2010 @ 12:05PMRoselawn resident paid in advance to company that said it could save her home
Surya Yalamanchili: The Time Is Now for Real Solutions to Housing Crisis Wednesday, August 25, 2010 @ 5:07PMThat the housing market remains a complete disaster, common knowledge to most of us, appears to still be a secret to those in Washington.
Four more bank-owned foreclosures reported for Milpitas in mid-July Wednesday, August 25, 2010 @ 12:41PMDate in each foreclosure below is the recorded date of the deed when the lender took "title to" the property (not necessarily possession of), since the former owners may not have moved out yet. The price is what the lender paid for it (usually the mortgage balance plus foreclosure fees).
Sebastopol pair vents mortgage woes publicly Monday, August 23, 2010 @ 10:26AMAug. 22--Most people who lose their homes to a short sale or foreclosure do what they can to conceal that fact, such is their embarrassment.
Sebastopol pair vents mortgage woes publicly Sunday, August 22, 2010 @ 7:40PMRobert Hynes and his wife, Kim Wardwell-Hynes, faced with the prospect of losing their South High Street house in a short sale, have posted a large sign on their front lawn blaming banks and mortgage lenders for their woes.
East Texas Business Briefs Tuesday, August 17, 2010 @ 4:05PMThe Tyler Coin Club is hosting the city's first coin show in 21 years with a two-day event on Friday and Saturday at the Ramada Inn Conference and Convention Center.
Landmark downtown building falls into foreclosure Tuesday, August 17, 2010 @ 1:24PMOne of Colorado Springs’ most prominent downtown office buildings, which sits at a high-profile intersection that’s been a center of banking activity for more than a century, has fallen into foreclosure. The building on the northwest corner of...
Business Briefs: Fowlerville woman marks banking milestone Monday, August 2, 2010 @ 6:12AMAnnette Gremore of Fowlerville is celebrating 40 years as an employee of Citizens Bank — all of them spent in Livingston County.
New Home Sales Up in June Monday, July 26, 2010 @ 12:30PMHowever, the May total was revised down sharply from a rate of 300,000 to 267,000.
Emclaire Financial Corp. Reports Increased Second Quarter and Year to Date 2010 Earnings Friday, July 23, 2010 @ 8:00AMEMLENTON, Pa. -- Emclaire Financial Corp. , the parent company of The Farmers National Bank of Emlenton, reported consolidated net income available to common shareholders of $745,000 or $0.52 per common share for the three months ended June 30, 2010, compared to $310,000 or $0.22 per common share for the same quarter in the prior year.
Governments focus on foreclosed homes Friday, July 23, 2010 @ 5:06AMLocal governments in Southern Nevada are cracking down on owners of vacant homes and are encouraging banks to foreclose on homes more quickly before they fall into disrepair.
United Community Banks, Inc. Reports Net Operating Loss for Second Quarter 2010 Friday, July 23, 2010 @ 4:35AMBLAIRSVILLE, GA--(Marketwire - July 23, 2010) - United Community Banks, Inc. ( NASDAQ : UCBI )
United Community Banks, Inc. Reports Net Operating Loss for Second Quarter 2010 Friday, July 23, 2010 @ 4:30AMBLAIRSVILLE, GA--(Marketwire - 07/23/10) - United Community Banks, Inc. (NASDAQ: UCBI - News ) -- Completed sale of $103 million of nonperforming assets that resulted in a non-cash charge of $45.3 million -- Nonperforming assets decline 17 percent from last quarter -- Provision for loan losses was $61.5 million, down $13.5 million from last quarter -- Allowance-to-loans ratio increases to 3.57 ...
Regulators tell six Idaho banks they must clean up problem loans and improve capitol ratios Sunday, July 11, 2010 @ 12:27AMSix banks doing business in Idaho are under orders to strengthen themselves. But the road to safety and soundness isn't easy.
Yuma stress index rising Friday, July 9, 2010 @ 12:38AMIt's been almost two years since economists said the recession in America began, and an indicator in one new study shows that Yuma County is still hurting among the worst in the nation.
Some advice for renters Monday, July 5, 2010 @ 10:28PMQ&A: What can tenants do if their landlord is facing foreclosure?
Finding Gold In Them Thar Foreclosures Monday, July 5, 2010 @ 12:03PMIf we're going to search for gold in the wreckage of the mortgage crisis, then 6:57 a.m. in front of 1009 W. Juanita Ave. is as good a time and place as any to start.
Short sales not immune to debt collectors Monday, July 5, 2010 @ 6:45AMExperts say it's best to know your risk when considering a short sale. With more than half of the Central Florida's homeowners owing more for their homes than the properties are worth, the question for some has become: How do I get out of this?
Recent apartment sales reflect truer values Sunday, July 4, 2010 @ 3:13AMA handful of apartment buildings sold out of foreclosure for substantially less than previous buyers had paid. But real estate brokers said those sales don't point to a worsening apartment market. Instead, they illustrate the original owners overpaid and took on too much debt, not unlike what homebuyers were doing a few years ago.
Finding gold in the foreclosure market Friday, July 2, 2010 @ 8:13PMAt the top of the boom, speculators swarmed cities like Phoenix, buying up houses largely with borrowed cash. Those who didn't sell in time were stung when the market collapsed. Now investors — many buying with their own cash — are back. Since last year, the share of homes bought by investors at daily auctions has multiplied more than fivefold.
U.S. made $10.5 billion selling Citigroup stock Thursday, July 1, 2010 @ 2:43PMThe Treasury Department said Thursday it has raised $10.5 billion from the sale of a total of 2.6 billion shares of Citigroup stock it received as part of the government's rescue of the bank. Citigroup - Stock - United States Department of the Treasury - Business - United States
Deed-in-lieu helps some borrowers Sunday, June 27, 2010 @ 6:24AMShort sales have been the hot solution for financially stressed homeowners and their lenders for the past year, but another potent foreclosure alternative is about to take center stage: the deed-in-lieu.
Experts say short sale is complicated, long process, but could be alternative to foreclosure for some Sunday, June 27, 2010 @ 5:50AMMortgage foreclosure case filings in McHenry County reached a 10-year high in March, and with home values continuing to fall and homeowners finding it difficult to pay mortgages, many are looking for an alternative to foreclosures.
Post-foreclosure, banks pursue debtors Sunday, June 27, 2010 @ 2:07AMAfter the bank foreclosed on Fernando Palacios' home in March, he thought he was done with what he described as the most stressful financial situation of his life.
Arrowhead unable to reverse declining financial condition Sunday, June 27, 2010 @ 1:21AMArrowhead Credit Union, to some, had appeared to be climbing up from the bottom, much like the Inland economy that has shown slight signs of improvement in its long way toward recovery. But that may not have been enough to prevent the National Credit Union Administration from seizing the well-known San Bernardino-based credit union on Friday.
Tennessee National among projects hit by real estate market slide Friday, June 25, 2010 @ 11:00PMLOUDON - The golfers may be aiming for the fairways, but when it comes to real estate at Tennessee National, some sellers appear to be playing out of the rough.
Weed problems in Clearcreek Twp. get cut down Monday, June 21, 2010 @ 8:51AMCLEARCREEK TWP., Warren County - Officials can now move more quickly to cut overgrown yards and rid their communities of other public nuisances, thanks to a bill signed by Gov. Ted Strickland Friday.
Lenders collecting foreclosure deficiencies Monday, June 21, 2010 @ 5:40AMAfter the bank foreclosed on Fernando Palacios's home in March, he thought he was done with what he described as the most stressful financial situation of his life.
Some Mary Street houses getting facelift thanks to People Incorporated Friday, June 11, 2010 @ 11:47PMSix foreclosed houses will be turned into 11 units by Abingdon’s People Incorporated, using money from a Va. grant.
Will a Short Sale Save Your Credit? Friday, June 11, 2010 @ 10:23AMRISMEDIA, June 11, 2010— (MCT)—Stuck in a house you can’t afford or can’t sell for more than you owe on it? Beware the Web, where you’ll see plenty of claims that short sales will save your credit, simple as that.…
Michigan ranked 5th nationwide in foreclosures for May Thursday, June 10, 2010 @ 2:51AMMichigan's foreclosure rate continued to outpace the national rate in May. Michigan ranked fifth nationwide with one of every 223 properties receiving a foreclosure filing -- a notice of default, notice of sale or bank repossession -- during May. That represents a 6% rise from April and a 46% rise from May 2009, according to RealtyTrac.
Foreclosure activity is up in Richmond area Wednesday, June 9, 2010 @ 11:15PMMore households in the Richmond area and across Virginia are having trouble making their mortgage payments than they did a year ago, even as the foreclosure problem nationwide is abating. In the Richmond area, foreclosure activity rose 84 percent in May from the same month a year ago, says an online foreclosure report being released this morning.
Warrants obtained in probe of builder: Investigation into criminal fraud charges prompted by investors after business ... Tuesday, June 8, 2010 @ 3:27PMJun. 8--A state Construction Industries Division investigator has obtained a search warrant to access documents that could help determine if a luxury-home builder -- whose business folded in 2008 -- should face criminal fraud charges.
Warrants obtained in probe of builder Monday, June 7, 2010 @ 11:13PMGet FREE Daily Headlines by email! A state Construction Industries Division investigator has obtained a search warrant to access documents that could help determine if a luxury-home builder — whose business folded in 2008 — should face criminal fraud charges.
Bank of America to refund $108 million in Countrywide overcharges Monday, June 7, 2010 @ 8:25PMCountrywide Financial, the mortgage company bought by Bank of America, will pay $108 million to settle U.S. claims it inflated fees for property inspections, appraisals and even lawn mowing
Iran CB head denies report on euro sale Sunday, June 6, 2010 @ 7:48AMThe head of Iran's central bank is denying the country plans to sell billions in euros as the currency weakens because of Europe's debt crisis. Central Bank Governor Mahmoud Bahmani was quoted in Sunday's edition of the state-run Iran newspaper as saying a... Iran - Central bank - Middle East - Mahmoud Bahmani - Newspaper
Short sale won’t save credit score, experts caution Sunday, June 6, 2010 @ 6:54AMStuck in a house you can’t afford or can’t sell for more than you owe on it?
Myth: A short sale of your house will save your credit score Saturday, June 5, 2010 @ 5:18PMStuck in a house you can’t afford or can’t sell for more than you owe on it? Beware the Web, where you’ll see plenty of claims that short sales will save your credit. But there’s nothing simple about deciding whether to sell your house in a short sale, which means you sell the property for less than you owe the bank. And in most cases, going through with a short sale — as with a foreclosure ...
Short sales won't save your credit score Saturday, June 5, 2010 @ 12:05AMThere's nothing simple about deciding whether to sell your house in a foreclosure or in a short sale, which means you sell the property for less than you owe the bank. And in most cases, going through either process will wreck your credit score.
Navigating the Other Side of the Storm Friday, June 4, 2010 @ 1:09PMThe trillions in U.S. federal debt now exceed 85% of gross domestic product – and that’s not counting unfunded liabilities. Unemployment is breaking 20% as the government used to calculate it. The Federal Reserve is printing money like the paper it is.
Mortgage foreclosure program on the rocks Wednesday, June 2, 2010 @ 3:38AMThe Bucks County Mortgage Foreclosure Diversion Program has worked with hundreds of clients since August but the outcome of that assistance is unclear.
Financial reform smart Friday, May 28, 2010 @ 5:07AMCongress is on the right track in moving quickly to overhaul regulation of the nation’s financial industry and end the abuses that contributed to the current recession.
(AFX UK Focus) 2010-05-24 21:51 WRAPUP 4-Tax credit boosts US home sales, but supply also up Monday, May 24, 2010 @ 4:20PMBy Lucia Mutikani
R.I. Attorney General Lynch releases borrower-protection plan Friday, May 14, 2010 @ 8:30PMAttorney general draws on proposals pressed by housing advocates to prevent foreclosure
'Crappy loans' doomed to fail Friday, May 14, 2010 @ 6:08PMIn June 2006, Morgan Stanley created a cluster of investments doomed to fail even if default rates stayed low - then bet against its concoction.
Las Vegas Valley land prices tumble 24% in a year Friday, May 14, 2010 @ 5:12PMMay 14--Raw land values have yet to stabilize in the Las Vegas Valley, dropping to $182,400 an acre in the first quarter, down 24.1 percent from a year ago, business advisory firm Applied Analysis reported Thursday.