Feb 16th 2012 12:05AM
Foreclosure filings ticked up 3 percent in January, as the foreclosure logjam triggered by government investigations over foreclosure abuses continued to untangle. That's according to a new report from online foreclosure marketplace RealtyTrac. But the effects of federal and state action still remain visible, with... Continue Reading »
Feb 13th 2012 11:15AM
By Chris Isidore, CNNMoney NEW YORK -- Even as the $26 billion mortgage settlement helps hundreds of thousands of troubled homeowners, it will bring a wave of new foreclosures. Many lenders held off on reposessing homes during the complex negotiations between 49 state attorneys general, and federal officials. That's... Continue Reading »
Jan 12th 2012 12:10AM
After a year marred by red tape and mortgage lender malfeasance, foreclosure activity in 2011 fell to the lowest annual rate since the housing crisis began more than four years ago, according to data released Thursday. Foreclosure filings -- which include default notices, scheduled auctions and bank repossessions -- were... Continue Reading »
Nov 11th 2011 1:00PM
Foreclosures have increased 14% between the second and third quarter of 2011, following five straight quarters where the number of foreclosures has gone down. This increase could dampen the recovery of the American housing market and harm economic recovery for cities where foreclosures rose significantly. Based on data... Continue Reading »
Sep 15th 2011 4:00PM
What does it mean that Bank of America and other lenders have restarted their foreclosure engines with a vengeance? Was the 7 percent spike in month-over-month foreclosure filings a retaliatory strike to show the government that the banks mean business and aren't to be messed with? Did lenders use the hapless public to... Continue Reading »
