iOS app Android app


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.

Home Repossessions Hit Lowest Level Since 2007

AP | ALEX VEIGA | Posted 04.11.2013 | Business

LOS ANGELES -- The number of U.S. homes repossessed by lenders last month fell to the lowest level in more than five years, the latest evidence that t...

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...

U.S. Foreclosure Filings Hit 5-Year Low

AP | MARCY GORDON | Posted 12.10.2012 | Business

U.S. foreclosure filings dropped to a five-year low in September as fewer homes were on track to be seized by lenders. It was the secon...

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 ...

Foreclosure In America Is A 'Tale Of Two' Trends

AP | ALEX VEIGA | Posted 05.17.2012 | Business

LOS ANGELES -- National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered...

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...

Why More Homes May Be Taken By Lenders

AP | ALEX VEIGA | Posted 04.12.2012 | Business

LOS ANGELES -- More U.S. homes are entering the foreclosure process, setting the stage for a surge in properties repossessed by lenders this year. Th...

Bank Of America To Offer Rentals As Foreclosure Alternative

AP | Posted 05.23.2012 | Business

NEW YORK — Bank of America says it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay...

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...

Homeowners Having Harder Time Making Their Mortgage Payments

AP | EILEEN AJ CONNELLY | Posted 01.08.2012 | Business

NEW YORK — While lawmakers in Washington debated the debt ceiling and consumer confidence dropped, more homeowners in the U.S. were having a har...

U.S. Home Receiving First-Time Default Notice Rises 14 Percent Over Summer

AP | By ALEX VEIGA | Posted 12.13.2011 | Business

LOS ANGELES -- More U.S. homes are entering the foreclosure process, but they're taking ever longer to get sold or repossessed by lenders. The number...

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...

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...