Foreclosure News

Mercantil Commercebank sold 51.1 acres of land in southern Miami-Dade County at a 69 percent loss to its repossessed mortgage.

Developer MeadWestvaco Corp. is moving forward with Brighton Park Village, a 400-acre community planned to include 675 homes, an elementary school and a park, said Ken Seeger, president of Summerville-based MWV Community Development and Land Management.

Town officials discussed the task of collecting unpaid taxes at last week's regular meeting of the Tarboro Town Council.

A foreclosure action has been taken on the Chapel Hill Mall property and a new firm is now managing the site.

Ferguson alleges Delay My Sale Date and US Recovery Program have taken advantage of homeowners by falsely promising they can delay or prevent foreclosure.

Recent data indicates more subprime borrowers than ever are applying for and receiving loans to buy cars.

Alexander Philips joined the rush to buy foreclosed U.S. homes four years ago, spending $40 million on houses in California and Nevada to operate as rentals.

First-half property seizures, mortgage-default notices and home auction warnings in the Scranton/Wilkes-Barre metro area were up 10 percent over the first six months of 2013, according to RealtyTrac, a Los Angeles-area agency that calculates foreclosure data.

TOP ISSUE AND PLAN TO ADDRESS IT: My top priority will continue to be promoting economic growth and providing families and businesses a fair opportunity to be financially secure.

Delaware Attorney General Beau Biden announced July 14 that Citigroup Inc. will pay at least $17 million to Delaware to settle allegations stemming from the bank's conduct that helped cause the housing crisis.

No one dreams of a view overlooking boarded up homes and crumbling rooftops. But after the foreclosure crisis, that sight became a familiar one for Elkhart families.

Bank of America and others claim they want to offer poor people low-cost banking services.

The process was waiting to be completed after the U.S. Department of Housing and Urban Development, the U.S. Department of Justice, the Consumer Financial Protection Bureau and attorneys general in 49 states and the District of Columbia announcement in June over a $968 million mortgage origination settlement with SunTrust to cover mortgage ... (more)

After 20 years in their house, Jaime and Juana Coronel lost it to foreclosure when Jaime's landscaping work dried up in the recession and the couple fell behind on payments.

Leonard E. Williams, 52, of Sacramento, from 2006 to 2008 conspired in mortgage fraud that led to more than $2 million in home loans being made, many of which defaulted.

Foreclosure filings in Beaufort County have dropped to their lowest level since the housing bubble burst nearly six years ago.

AND ELIMINATE THREATS THEY FACE ON THE STREET. IT'S A STAGGERING NUMBER. 700 HOMES IN RIO RANCHO ARE IN FORECLOSURE - MANY OF THEM ARE ABANDONED! AND PEOPLE LIVING NEAR THEM ARE FED UP.

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.