Foreclosure News

Zombie foreclosures result when banks begin a foreclosure -even going so far as to send the homeowners a foreclosure notice - but then abandon it, failing to alert the homeowners, who have often moved out, that they are still responsible for their vacant properties.

Foreclosure activity dropped in February to its lowest level in more than seven years, data released by RealtyTrac today shows.

RealtyTracA , the nation's leading source for comprehensive housing data, today released its U.S. Foreclosure Market Reporta for February 2014, which shows foreclosure filings -- default notices, scheduled auctions and bank repossessions -- were reported on 112,498 U.S. properties in February, a 10 percent decrease from January and down 27 percent ... (more)

Foreclosures continue to be a smaller part of the local housing markets of Northwest Arkansas and the Fort Smith metro area.

Foreclosures are at a seven-year low nationwide. Inn California, however, the number of notices of default - the first step of the foreclosure process - jumped.

The real estate marketing is recovering from the recession. Home sales are up, prices are rising, and new houses are being built.

RealtyTrac today released its U.S. Foreclosure Market Report for February 2014 , which shows foreclosure filings - default notices, scheduled auctions and bank repossessions - were reported on 112,498 U.S. properties in February, a 10 percent decrease from January and down 27 percent from February 2013 to the lowest monthly total since December ... (more)

A foreclosure is a disheartening experience, but it is possible to recover from one.

In 2012, City Council approved the creation of a Vacant Foreclosed Property Registration in the five neighborhoods that have had the highest number of foreclosures in recent years: College Hill, East Price Hill, West Price Hill, Madisonville and Westwood.

Regulators should demand more derivatives disclosures in forthcoming living wills.

Several foreclosed homes sit boarded up in suburban Illinois in 2013. Life's about to get harder for thousands of homeowners.

Grace Ross , at right, addresses people from the Green Hill Neighborhood Association and the Worcester Anti-Forclosure Team, along with neighbors of 142 Eastern Ave., as they express disgust Monday with mortgage holder JPMorgan Chase and demand cleanup of the site, where a vacant, foreclosed house was demolished Feb. 19.

Well if you're on the market for a 3 Bedroom, 2 Bathroom or larger Foreclosure or Short Sale home in New Port Richey starting at $102,500 then look no futher.

Throughout the national foreclosure crisis, it seemed like nowhere was the problem worse than in Tampa.

A Manchester man who duped banks out of millions in a scheme that targeted people facing foreclosure was sentenced to six years in federal prison on Monday.

The Portland Development Commission board will consider Wednesday whether to take an $11.5 million offer from The Nines to retire the $18.2 million in loans and interest the luxury hotel owes the city.

Two Northern California real estate investors pleaded guilty for their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

The March Mortgage Credit Tracker from Barclays notes that current mortgages are becoming delinquent at a ever-slowing rate.

Actor Woody Harrelson , known for his characters in the TV show "Cheers" and movies such as "No Country for Old Men" and "The Hunger Games," has a new role: landlord of Fells Point 's Inn at the Black Olive.

By Beth Dalbey There's a new twist in the story of a woman who dropped out sight in 2008 and whose body was discovered in a mummified state in the garage of her Pontiac, MI, home last week.