Foreclosure News

Frustrated potential home buyers may have some reason for optimism. A number of economic trends are beginning to coalesce into what could be the beginnings of a far better market environment for first-time and low to moderate income home buyers.

Colony Capital have announced they will sell Michael Jackson's Neverland Ranch, and it could fetch up to $60 million.

Washington state's foreclosure inventory – the number of homes in some state of foreclosure – was at 1.6 percent in June, according to data released Thursday.

Foreclosures decreased slightly in St. Louis in June compared with the same time period last year, according to a new report from California-based real estate tracker CoreLogic.

Companies overseeing millions of mortgage loans appear to be skirting new federal regulations and legal settlements intended to stop them profiteering at the expense of troubled homeowners.

The Malta man accused of strangling his wife and living with her body for two days is due in court for arraignment on Friday.

Metro Orlando's foreclosure inventory continued to decline in June, according to the latest CoreLogic Foreclosure Report.

Dallas-area home foreclosures have fallen almost 25 percent from where they were a year ago, according to a June report.

Picketers from across Florida gathered on the steps of the Charlotte County Justice Center Wednesday morning to have their voices heard.

Three years after Erlanger Health System promised to revive Hutcheson Medical Center with a $20 million loan and new management, Chattanooga's biggest hospital has severed its management and talks with Hutcheson and plans to foreclose on the Fort Oglethorpe hospital on Tuesday to try to recover its unpaid debt.

Attorney General Beau Biden has a filed a lawsuit against a California-based company, alleging it operates a mortgage rescue and loan assistance scam that illegally collects large upfront fees from Delaware consumers facing financial distress with the promise to secure loan modification or other relief from their mortgage lenders.

The Consumer Financial Protection Bureau , the Federal Trade Commission , and 15 states announced they are taking action against foreclosure relief scammers accused of using deceptive marketing tactics to take advantage of distressed homeowners.

The ministries of Finance and Interior have submitted a revised bill on foreclosures that is expected to be debated and passed by parliament in order to secure the sixth tranche of about 453 mln euros in bailout money from the Troika of international lenders.

Despite a year-to-year decrease in foreclosure filings, Miami still has the nation's highest metro foreclosure rate: 1.65% of all housing units with a foreclosure filing during the first half of the year, newly released statistics show.

The Dunbar Community Center - renowned as a cradle of basketball talent in the birthplace of the game and as a safe haven in a troubled neighborhood - could be sold at a foreclosure auction sometime in August,.

The downtown building that has become a safety concern for the village may see new life after it was purchased Tuesday at a delinquent property tax foreclosure sale.

A new development late today in the fight over a Morgan Junction house that's been the subject of a showdown over foreclosure and eviction.

Charlotte ranks in the lower half of a new WalletHub list on the most "recession-recovered cities" in the U.S. To develop the list, researchers evaluated 18 metrics, including consumer debt decrease, foreclosure rate decrease and GDP growth rate to gauge cities' post-recession economic growth for the 150 largest U.S. cities.

Improper foreclosures have jammed up homeowners who purchased the properties from banks leading to a late-session push for legislation that opponents claim would unfairly bar those who lost their homes from winning back the titles.

Part of the Centennial Crossing shopping center at Winchester and Hacks Cross Road is under new management following a $3.4 million sale out of foreclosure.