Foreclosure News

A Monday order from Palm Beach County Circuit Judge Richard Oftedal spells out some of the problems in today's foreclosures, from law firms' playing hot potato with cases to just plain shoddy handling.

Subject to Freddie Mac First Look Initiative until 10/12/13 . Home is being sold as is.

Nearly half of all mortgage defaults from the housing bust might have been prevented by forthcoming consumer-protection regulations, but another 25% of loans that didn't default might not have been made, according to an analysis by economists at Goldman Sachs The Goldman analysis tries to quantify the impact of the forthcoming "qualified mortgage" ... (more)

The 26-bedroom Mountain House Lodge, located on East Hopkins Avenue, has a new owner.

In a rare case, the Masterson Station Neighborhood Association won a court judgment this year to foreclose on a Lexington woman's home.

Having your home foreclosed is an excruciating process. If it hasn't happened to you, chances are you have a friend or family member who has.

Sedgwick Properties was the developer. The building was built as a condominium and completed in 2010.

A federal jury in Sacramento returned guilty verdicts against three people who were part of a nationwide foreclosure rescue scam.

A "foreclosure consultant" defrauded an elderly woman of her home in Beverly Hills, stole her jewelry and imprisoned her in a car, the woman claims in court.

Builders pulled 159 single-family-home permits in November, down from 188 in October -- but developers still are ramping up production in expectations of a strong winter selling season.

A rough economy and struggling housing market has increased the number of foreclosures the City of Lansing has given to the Ingham County Land Bank by five-fold since 2006.

Though banks have never exactly had a sterling silver reputation, the widespread bank failures that occurred during the Great Depression cost thousands of people their life savings.

Weld County saw a 73 percent drop in October foreclosure filings when compared with the same month last year, according to data from the Colorado Department of Local Affairs' Division of Housing, and foreclosure rates continued to drop across the state.

In this Oct. 29, 2009 photo, a Brooklyn brownstone building is for sale by its owner in New York.

A recent study by appraisal company Pro Teck Valuation Services found that all the fastest-recovering markets in October were located in "nonjudicial" states, where foreclosures do not need to move through the court system, rather than "judicial" states, where they do.

The twin children of Ted Ammon, the Wall Street whiz murdered by the handyman lover of his estranged wife, are getting a little payback from their dad's killer.

Judith Fox has published Foreclosure Echo: How Abandoned Foreclosures are Re-Entering the Market Through Debt Buyers on SSRN.

Prime Minister Antonis Samaras and Deputy Prime Minister Evangelos Venizelos are to meet for a second time in a few days on Monday to assess the obstacles blocking an agreement between the government and the troika.

Remember the foreclosure action against Little Rock businessman Phil Herrington, his Herrington Inc. private equity and development firm and six business entities associated with property in Utah? That $4.7 million dispute with Little Rock's One Bank & Trust was resolved when a new party entered the ownership picture.

When Susan Lloyd came to Milwaukee five years ago, she began covering the territory from the north side of the city to the south, and from east to west.