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U.S. Foreclosures Rise

Jorge Newbery | Posted 06.22.2015 | Business
Jorge Newbery

Lenders started foreclosure against 53,514 homeowners in March, according to RealtyTrac, an increase of 11 percent from February. That brought to 152,147 the number of US homes that started down the bumpy road to foreclosure in the first quarter of 2015.

Foreclosures and Short Sales: The Best Deals for Real Estate

Natalie Pace | Posted 04.05.2015 | Money
Natalie Pace

There are still a million foreclosures and bank-owned properties, with 8.1 million people who are currently underwater on their homes.

The 'Zombie' Foreclosure Crisis Is Still Growing

Reuters | Posted 05.30.2013 | Business

By Barbara Liston ORLANDO, Fla., March 28 (Reuters) - A national survey found 301,874 "zombie" properties dotting the U.S. landscape i...

Here's Where To Buy Up Foreclosed Homes

The Huffington Post | Alicia Ciccone | Posted 07.27.2012 | Money

A growing number of savvy investors are profitting off of the volatile housing market by buying foreclosed homes from big banks and turning them into ...

10 Cities Offering The Best Deals On Foreclosed Homes

The Huffington Post | Harry Bradford | Posted 05.03.2012 | Business

One man’s foreclosure pain is another’s gain. Across the country, the foreclosure crisis has been bad news for the housing market, homeowners a...

Fewer Foreclosures For Detroit

Posted 03.15.2012 | Detroit

Detroit's foreclosure rate fell dramatically in February, dropping 17 percent from the month before. The foreclosure rate also continues to show impro...

INFOGRAPHIC: Detroit Foreclosures Drop, But Not For Long

Posted 03.01.2012 | Detroit

While 2011 showed a significant drop in the number of foreclosed properties, to the tune of 31 percent fewer filings in metro Detroit according to Rea...

Football Star Faces Multiple Foreclosures

The Huffington Post | Bonnie Kavoussi | Posted 02.27.2012 | Business

Just because football star Terrell Owens has earned $80 million over the course of his career doesn't mean he's immune to foreclosure. Owens, the ...

Beverly Hills Super-Rich Ditch Increasingly Worthless Mansions

Reuters | Posted 04.16.2012 | Business

* Record number of defaults in Beverly Hills * Many wealthy owners could still pay but walked away * Only 12 of 180 dist...

Lost In The Funhouse: The Twisted World Of Mortgage Lender Error

Ben Hallman | Posted 01.27.2012 | Business

Ben Hallman reported and wrote this story as a staff writer at the Center for Public Integrity. He recently joined The Huffington Post. Like milli...

BofA's Appalling Foreclosure Battle With Paralyzed Man

The Huffington Post | Harry Bradford | Posted 01.12.2012 | Business

A quadriplegic man in Oregon has been battling banks to keep his home since 2003. And just when he thought the fight was finally over, Bank of America...

Bonnie Kavoussi

Foreclosure Filings Fell Steeply In 2011, Little Consolation For Struggling Homeowners | Bonnie Kavoussi | Posted 02.03.2012 | Business

Foreclosure filings fell dramatically last year, according to a report released Thursday. Several prominent economists said the news was a sign that t...

Illinois Foreclosure Activity Up, Mortgage Aid Program Launches

Posted 11.15.2011 | Chicago

The number of mortgage default notices issued in Illinois in August increased drastically -- 25 percent -- statewide over the previous month, the high...

With Foreclosures Taking Longer To Process, Backlog Isn't Going Anywhere

The Huffington Post | Alexander Eichler | Posted 08.31.2011 | Business

It takes much longer to process home foreclosures than it used to. In May, according to the real estate data firm RealtyTrac, one in every 605 home...

Fewer Homeowners Put On Notice For Being Behind On Payments

Posted 08.16.2011 | Business

LOS ANGELES (AP) — The number of U.S. homeowners who were put on notice for being behind on their mortgage payments fell in May to the lowest level ...

Housing Market Picks Up For Some, Not Others

Posted 06.25.2011 | Business

CHICAGO (Nick Carey) - Like an increasing number of well-heeled Americans, the Hodgsons decided it was time to buy a new home, even if most of the U.S...

Foreclosure Filings Plunge In First Quarter As Lenders Get Stuck With Paperwork

The Huffington Post | Yepoka Yeebo | Posted 06.14.2011 | Business

Foreclosure filings fell to a three-year low in the first three months of the year, thanks mostly because of stalled paperwork, according to a report ...

Foreclosures Fall To 3-Year Low - But It Won't Last

Posted 05.25.2011 | Business

NEW YORK: Foreclosure filings dropped to a 3-year low in February due to an ongoing backlog following last year's halt in activity, according to a Rea...

13 Surprising Cities Wracked By Foreclosures Last Year

Posted 05.25.2011 | Business

The foreclosure crisis isn't exclusive to real estate-addled cities like Las Vegas and Phoenix In fact, as the crisis deepened, foreclosures mounte...

Foreclosure Records Shattered In 2010

Posted 05.25.2011 | Business

WASHINGTON (Reuters) - Banks seized more than a million U.S. homes in one year for the first time last year, despite a slowdown in the last few months...

The 11 Reasons People Can't Sell Their Homes

24/7 Wall St. | Posted 05.25.2011 | Business

he clamor over flawed foreclosure paperwork and robo-signers could further chill the housing market. People who might buy have bought a home in forecl...

Shahien Nasiripour

Obama's Foreclosure Program Will Reach Less Than One Quarter Of Administration's Target | Shahien Nasiripour | Posted 05.25.2011 | Business

The Obama administration's signature anti-foreclosure program will ultimately aid less than a quarter of the nearly four million distressed homeowners...

Bank Of America Wants Judge To Throw Out Racketeering Lawsuit Over 'Robo-Signers'

Posted 05.25.2011 | Business

NEW YORK (by Jonathan Stempel) - Bank of America Corp (BAC.N) has urged a federal judge to throw out a racketeering lawsuit over its alleged use of "r...

Foreclosures Hit Record In September, More Than 100K Homes Seized

Posted 05.25.2011 | Business

UPDATE: As Daily Finance notes, foreclosures hit a record monthly total of 102,134 in September, a three percent rise over the previous month. LOS...

JPMorgan Floreclosures Challenged By Lawyers

The Huffington Post | William Alden | Posted 05.25.2011 | Business

The integrity of thousands of foreclosure notices issued by JPMorgan Chase could be cast in doubt, as a court battle over one Florida homeowner's fore...