Foreclosure News

Vastly improved home prices over the past five years have changed the landscape of California's distressed housing market, which is now just a fraction of what it was during the Great Recession, the California Association of Realtors said today.

The Burlington Outlet Village, formerly Burlington Manufacturer's Outlet Center, is in foreclosure and is scheduled to be auctioned off March 20. The shopping center has struggled for several years, especially after Tanger Outlets opened its Mebane outlet mall.

A picture has surfaced of a woman whose mummified remains were found in the garage of her Pontiac home, the body having lain there for around five years.

A New Hampshire businessman convicted of orchestrating an elaborate and fraudulent scheme to strip the equity out of homes on the brink of foreclosure on the pretense of rescuing distressed homeowners is facing more than six years in prison.

Properties sold at the Weld, Boulder and Larimer County Public Trustee foreclosure auctions for March 5, 2014.

It's taken several years, but in many parts of the country, home prices are nearly back to where they were at the peak.

I have written often over the past few years about the house of cards that is the American economy, but the events of the past week should frighten everybody.

It is hard to overstate the benefits of rising prices to the economy broadly and to homeowners, banks and home builders specifically after years of declines.

First American Bank's incoming chief executive officer says the Fort Dodge-based financial institution may have finally turned a corner after several difficult years.

California Attorney General Kamala Harris sought to engage and energize fellow Democrats on Saturday and warned them not to become complacent with their domination of state politics.

Lenders, consumer groups and community leaders all agree that they don't want to see properties sit vacant for long periods.

A complaint filed Friday in Lackawanna County Court says the owner of the Lackawanna Avenue shopping complex, Steamtown Mall Partners LP, defaulted on a lump-sum payment of more than $37.1 million in principal balance due when a $41 million mortgage the mall secured in 2003 reached its maturity date on July 11. The complaint was filed by LBUBS ... (more)

Despite the housing market being on the rebound, foreclosures are rising again. MarketWatch's Jim Jelter discusses five U.S. states with the highest foreclosure rates.

A housing graveyard made up of 7,000,000 foreclosures: The longer term consequences of 7 million foreclosures that started with the 2006 peak in housing.

By Beth Dalbey Pontiac, Michigan - How did the death of a woman go unnoticed for five years? The answer appears in part to be that modern technology allowed the woman's life to continue on autopilot - even after she died.

JFK Medical Plaza in Lake Worth could be seized in foreclosure. JPMCC 2006-LDP7 Office 4801 LLC, representing a commercial mortgage-backed securities trust, filed the foreclosure lawsuit on March 3 against 4801 Congress Avenue LLC, along with managing members S. Jay Siegel, Joan Siegel, and Irene Kessler.

For six years the bills were paid, the grass was cut and no one noticed the body of the dead woman sitting in the back seat of a car in a garage of a residential Pontiac, Michigan neighborhood.

Fast-tracking Ohio's process for foreclosing on vacant homes would lower the state's overall foreclosure rate and save creditors tens of millions of dollars, say researchers from the Federal Reserve Bank of Cleveland .

A lawyer and the former township supervisor of Doylestown in Bucks County will spend 18 months in federal prison for his role in a mortgage fraud scam that preyed on homeowners facing foreclosure.

A New Mexico judge has issued a $3.2 million judgment against Wells Fargo & Co. for foreclosing on a man's home after his death, even though he had a purchased an insurance policy through the bank that would have paid the remaining balance on his mortgage.