Foreclosure News

Homes in Illinois were foreclosed on at double the national rate in June, a study from RealtyTrac found.

But they urged authorities to tackle the high number of bad loans that are a drag on economic growth and job creation because they keep banks from lending.

Thousands of Maryland families have lost their homes to foreclosure or short sales, but many don't know that third-party debt collectors can still come after them for money they may not have known they owed.

The number of U.S. houses in foreclosure declined for the twenty-sixth consecutive month in June, according to Jacksonville-based Black Knight Financial Services, although the number of foreclosure starts has risen slightly since last month.

Mike and Jamie Vos always dreamed of buying a home where they would put down roots and raise their children.

An old, abandoned building in the Pleasant Hill community that has been an eyesore for years to anyone traveling along N.C. 55 became a topic of conversation at Tuesday's New Bern Board of Aldermen meeting.

TALLAHASSEE, Fla.- Attorney General Pam Bondi joined with the Consumer Financial Protection Bureau, the Federal Trade Commission and 15 other states in a joint federal-state enforcement sweep targeting scam operations that prey on delinquent homeowners or those facing foreclosure.

On Thursday, Indiana Lt. Governor Sue Ellspermann announced that nine Indiana applicants to the state's Blight Elimination Program have received a combined award of nearly $10.8 million.

A pocket of 4 neighborhoods with the highest unemployment rate, highest foreclosure rate, highest serious crime rate, and lowest life expectancy rate.

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A California man who recruited straw buyers for a Myrtle Beach area mortgage fraud scheme has been sentenced to five years in prison, according to federal court records.

The number of foreclosures has continued to decline throughout the Northern San Joaquin Valley, where fluctuations in the housing market affect the economy as a whole.

The upcoming foreclosure auction of 14 office condos in Coral Springs was halted after their owner filed Chapter 11. PNC Bank recently won a $7 million foreclosure judgment against Lauren Enterprises, along with managing members Ricardo M. Pedrosa and Sharon Pedrosa.

Residential foreclosure activity in the Charlotte market logged another month of decline in May, with the latest figures from CoreLogic Inc. showing a foreclosure rate of 1.1 percent in the local market that month.

PNC Bank recently won a $7 million foreclosure judgment against Lauren Enterprises, along with managing members Ricardo M. Pedrosa and Sharon Pedrosa .

At the peak of the foreclosure crisis during the summer of 2008, more than 2,800 Stanislaus homes were repossessed by lenders in just three months.

Here's a news release from DFI about a couple of companies possibly operating loan modification schemes.

Phoenix ranked fifth nationwide for foreclosures among major U.S. markets between May 2013 and May 2014, according to new data from the CoreLogic real estate research firm.

Foreclosure petitions, the first step in the process to seize a home, increased in June compared with one year ago, but remain well below the levels posted during the foreclosure crisis, according to The Warren Group .

Aging foreclosures continue to linger in Florida's court system with 33 percent of Palm Beach County's backlogged cases at least two years old.