realtytrac foreclosure report - Articles

Home Repossessions Picked Up in May, RealtyTrac Reports

By Alex Veiga LOS ANGELES -- Lenders stepped up action last month against homeowners who had fallen behind on their mortgage payments, taking possession of more homes and initiating the foreclosure countdown clock on many others. Completed foreclosures jumped 11 percent nationally in May from the previous month, with... Continue Reading »

20 Cities Where Foreclosure Home Sales Should Rise in 2013

Though one of the biggest sighs of relief for the housing market last year was a decrease in foreclosure activity across the country, not every city followed the trend. As online foreclosure marketplace RealtyTrac noted, some metros actually experienced an uptick in foreclosure starts and foreclosure completions for the... Continue Reading »

RealtyTrac: January Rise in Foreclosures Portends 2012 Trend

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 »

Foreclosures Could Be on the Rise Again, Report Says

Foreclosure filings fell last month, but there are indications that they could soon rise again, a report by RealtyTrac says. Foreclosure filings across the country dropped 3 percent from October 2011, and 14 percent from November 2010, according to the report. About 224,000 homes across the country received a default... Continue Reading »

Foreclosures Down, but Don't Cheer Yet

Foreclosure activity has fallen to a 40-month low, but not because of any recovery in the housing market, a new report finds. Rather, the slowdown comes from massive delays in processing foreclosure paperwork. In April, overall foreclosure filings - including default notices, scheduled auctions and bank repossessions -... Continue Reading »

Foreclosures Scandal to Delay Housing Recovery

With JPMorgan Chase and Ally Financial both calling a temporary halt to foreclosures and members of Congress questioning Fannie Mae and Freddie Mac's use of "foreclosure mills," are these just unnecessary delays for inevitable defaults? Will other major loan servicers be next in line? RealtyTrac senior vice president Rick... Continue Reading »

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