Foreclosures Expert

Foreclosure Graffiti

Foreclosures Expert — Tue, 09 Feb 2010 04:09:02 +0000

ANNAPOLIS, Md. (AP) - Maryland tenants and homeowners who vandalize or put graffiti on residential properties going through foreclosure could face Visit WMDT.com for the full story

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Association update: NeDA offers free certified foreclosure counseling services

Foreclosures Expert — Tue, 09 Feb 2010 02:09:02 +0000

The Metropolitan Consortium of Community Developers (MCCD) is an association of 45 nonprofit, community-based affordable-housing, commercial and small-business developers.

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Palm Beach County, FL Clerk & Comptroller Launches Online Foreclosure Auctions with Grant Street Group

Foreclosures Expert — Tue, 09 Feb 2010 00:09:01 +0000

Money pit: When a cheap foreclosure costs much more

Foreclosures Expert — Tue, 09 Feb 2010 00:09:01 +0000

Dusan Tatomirovic found a steal when he bought a foreclosed condo just north of Monterey, Calif., last April for $130,000.

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Consequences of a short sales and foreclosure

Foreclosures Expert — Mon, 08 Feb 2010 22:09:05 +0000

TUCSON, AZ - You could keep paying or walk away on your upside down mortgage but do you know the consequences? Justin Strauss never thought in three years his condo in Starr Pass would depreciate like this.

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Former Boca, Delray firms sued for foreclosure fraud

Foreclosures Expert — Mon, 08 Feb 2010 22:09:04 +0000

Former Boca Raton and Delray Beach based firms (now in Deerfield Beach) have been sued by Florida Attorney General Bill McCollum for, among other things, using President Obama’s voice in a nationwide “series of false and fraudulent representations” designed to induce sale of loan modification and foreclosure related services.

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Foreclosure Suits

Foreclosures Expert — Mon, 08 Feb 2010 22:09:04 +0000

Boca Raton-based EB Developers has been the recipient of six foreclosure lawsuits in the past 18 months, according to court documents. Officials say the firm has been struggling due to the economic slowdown and the sudden death earlier this year of its CEO, Elie Berdugo.

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Lenders set new record for foreclosure cases in Martin County

Foreclosures Expert — Mon, 08 Feb 2010 20:09:01 +0000

STUART — Lenders set a new record for filing foreclosure cases in Martin County last year and several experts said they expect the high level of foreclosures to continue for at least two years.A total of 2,082 mortgage foreclosure cases were filed in Circuit Court in Martin County in 2009, an increase of 19.5 percent from the previous record of 1,742 filed in 2008, court records show.There is no

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Home foreclosure crisis eases slightly in St. Lucie in 2009, but numbers still high

Foreclosures Expert — Mon, 08 Feb 2010 20:09:01 +0000

ST. LUCIE COUNTY —In St. Lucie County last year, home mortgage foreclosures were down, but the numbers remained very high.Lenders filed 8,324 mortgage foreclosure cases in St. Lucie in 2009, court records show. That represented a 13 percent decrease compared to the 9,570 cases filed in 2008.In Martin County, meanwhile, lenders set a new record for filing foreclosure cases last year and several

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Foreclosure sales drive down home prices

Foreclosures Expert — Mon, 08 Feb 2010 14:09:01 +0000

Pushed down by sales of foreclosed homes, Cowlitz County homeprices plunged in January, the Northwest Multiple Listing Service reported last week.

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Michael Jackson’s doctor was much admired but financially strapped

Foreclosures Expert — Mon, 08 Feb 2010 14:09:01 +0000

Household staff and clinic patients describe Dr. Conrad Murray as kind, benevolent and accessible; court files show a man drowning in debt, facing foreclosure, with multiple child support obligations. In the Holmby Hills chateau where Michael Jackson lived his final months, Dr. Conrad Murray seemed a benevolent figure.

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Bill would crackdown on ‘foreclosure consultants’

Foreclosures Expert — Mon, 08 Feb 2010 12:09:01 +0000

PHOENIX — State lawmakers are moving to slam the door on what some see as fly-by-night scammers who hold themselves out as “foreclosure consultants.'’

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Homeowners rent out rooms to stave off foreclosure

Foreclosures Expert — Mon, 08 Feb 2010 02:09:01 +0000

Reeling from the recession’s one-two-three-punch of job woes, climbing mortgage payments, and evaporating equity, desperate Silicon Valley homeowners are dipping into a nearby income stream to avoid foreclosure:That bedroom just down the hall.

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Lewiston hotel to remain open during foreclosure process

Foreclosures Expert — Sun, 07 Feb 2010 22:09:01 +0000

LEWISTON — The Barton Hill Hotel will remain open during the process to foreclose on its mortgage, an attorney for the mortgage holder said last week.
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Call-in show to answer foreclosure questions

Foreclosures Expert — Sun, 07 Feb 2010 20:09:02 +0000

Local residents with questions about mortgages and foreclosures can get some free, live answers on a special foreclosure call-in show set to air Feb. 18.

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Hotel to remain open during foreclosure process

Foreclosures Expert — Sun, 07 Feb 2010 18:09:01 +0000

LEWISTON — The Barton Hill Hotel will remain open during the process to foreclose on its mortgage, an attorney for the mortgage holder said last week.
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Bank glitch traps pair in web of foreclosure

Foreclosures Expert — Sun, 07 Feb 2010 18:09:01 +0000

Someday, someone will produce a fair and balanced moral analysis of the housing collapse.Until then, we must settle for shallow, ill-informed and facile explanations that fall into two main camps: The lenders are crooks who got what they deserved, or the homeowners are fools who had no business borrowing what they did.

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Lawmakers target ‘foreclosure consultants’

Foreclosures Expert — Sun, 07 Feb 2010 14:09:04 +0000

State lawmakers are moving to slam the door on what some see as fly-by-night scammers who hold themselves out as “foreclosure consultants.”

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Coleman house in foreclosure

Foreclosures Expert — Sun, 07 Feb 2010 10:09:01 +0000

Coleman house in foreclosure

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Foreclosure problem drags down home values

Foreclosures Expert — Sun, 07 Feb 2010 04:09:02 +0000

When one person loses a home to foreclosure, it’s a personal tragedy. But when thousands default, the problems extend beyond property lines and ripple through the community. Record numbers of foreclosure filings in each of the past three years in

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Scene of Coleman family murder in Columbia, Ill., in foreclosure

Foreclosures Expert — Sat, 06 Feb 2010 16:09:02 +0000

COLUMBIA, Ill. — The bank that holds the mortgage on the house where Sheri Coleman and her two boys were strangled in May has filed papers to take the property by foreclosure.

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Cleveland sees big drop in foreclosure filings

Foreclosures Expert — Sat, 06 Feb 2010 06:09:02 +0000

CLEVELAND While the number of property foreclosure filings increased in Cuyahoga County last year, they fell dramatically in one city.

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Last year’s spike in local foreclosure sales was second largest among metro areas

Foreclosures Expert — Sat, 06 Feb 2010 04:09:02 +0000

There was more discouraging news on the foreclosure front this week for the Colorado Springs area. Of the state’s 12 most populous counties, El Paso County saw the second biggest percentage increase last year in properties that were sold to banks,

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Legal group to host seminar on avoiding foreclosure

Foreclosures Expert — Sat, 06 Feb 2010 04:09:02 +0000

SAGINAW — For those worrying about losing their homes, help is coming. Legal Services Alabama will host a seminar on how to avoid foreclosure Feb. 18 at 10 a.m. at Family Connection.

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Several worrisome trends emerge in foreclosure numbers

Foreclosures Expert — Sat, 06 Feb 2010 04:09:02 +0000

Recent year-end reports on foreclosure filings in Maryland show that on the whole, the state may be reaching the peak of the crisis, but behind the slowing in the total number of filings lie several more subtle, more worrisome trends that suggest that homeowners will continue to see distress for quite some time. Maryland ended the [ ]

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Families at risk of foreclosure gain a powerful supporter

Foreclosures Expert — Fri, 05 Feb 2010 20:09:03 +0000

Feb. 5–Three Charlotte families, whose struggles to avoid foreclosure were shared Sunday in The Observer, are now getting help from Washington.
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Foreclosure filings, sales up

Foreclosures Expert — Fri, 05 Feb 2010 18:09:02 +0000

A year maligned by pay cuts and job loss has led to an increase in both foreclosure filings and sales in Larimer County.

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FTC goes after bogus foreclosure rescue services

Foreclosures Expert — Fri, 05 Feb 2010 18:09:02 +0000

WASHINGTON — The Federal Trade Commission (FTC) has moved to protect distressed homeowners from the promoters of bogus foreclosure rescue and mortgage modification services by proposing a new rule that would forbid companies to charge up-front for these services.

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Attorney general sues foreclosure-rescue firms

Foreclosures Expert — Fri, 05 Feb 2010 18:09:02 +0000

Ohio Attorney General Richard Cordray this week sued two California-based foreclosure-rescue firms, alleging they took money from homeowners facing foreclosure but did not provide the promised help.

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Why Some Homeowners Hope For Foreclosure

Foreclosures Expert — Fri, 05 Feb 2010 18:09:02 +0000

In the days before the housing crisis, the idea of a bank foreclosure filled any homeowner’s mind with dread and shame. Now, with so many Americans owing more on their homes than they’re worth, some people are taking a whole new approach: essentially saying, “Foreclose on me, please.” It’s more technically known as a “strategic default.”

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Johnson to host foreclosure prevention class

Foreclosures Expert — Fri, 05 Feb 2010 14:09:03 +0000

Congressman Sam Johnson (3rd Dist.—Texas) in conjunction with the DFW Home Ownership Preservation Enterprise will host a free foreclosure prevention workshop on Saturday, February 27th at 9:00 a.m. in Dallas. The event is open to the public and the press.

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Colorado foreclosure sales down 4 percent

Foreclosures Expert — Fri, 05 Feb 2010 14:09:03 +0000

Facing foreclosure? Housing counseling services are available to homeowners through the Boulder County Housing Authority.

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Grand Strand a foreclosure “hot spot”

Foreclosures Expert — Fri, 05 Feb 2010 12:09:03 +0000

The Grand Strand is a foreclosure hot spot, ranking in the top ten throughout the country, that’s according to a new CNN Money report that looks at U.S. real estate markets.

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St. Petersburg City Council member Karl Nurse drops his push for a foreclosure registry program

Foreclosures Expert — Fri, 05 Feb 2010 12:09:02 +0000

A foreclosure registry exists, says a council member who pushed for one. But does it?

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Florida AG sues California company over loan-modification services in foreclosure cases

Foreclosures Expert — Fri, 05 Feb 2010 12:09:02 +0000

Florida’s attorney general sued a California company that was providing loan modification services to homeowners facing foreclosure. The lawsuit says 21st Century Legal Services charged consumers up-front fees as high as $2,500, a violation of Florida’s Foreclosure Rescue Fraud Prevention law. Customers have complained that the company didn’t perform services promised, but they couldn’t get

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Suit seeks foreclosure on Severs Block Building

Foreclosures Expert — Fri, 05 Feb 2010 12:09:02 +0000

A civil suit seeking foreclosure on the Severs Block Building was filed Thursday in Muskogee County District Court. The suit was brought by Ricketts Construction Co. Inc., which did much of the renovation work on the historic building after it was gutted by fire in December 2006.

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Foreclosure workshop set for Tuesday

Foreclosures Expert — Fri, 05 Feb 2010 10:09:05 +0000

San Pedro. California Foreclosure Institute will present a free two-hour workshop Tuesday for beginner investors on how to get started finding and buying foreclosure properties.

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Inn foreclosure leaves wedding deposits in limbo

Foreclosures Expert — Fri, 05 Feb 2010 08:09:02 +0000

Foreclosure of a luxury inn set in California’s central coast wine country has brides and grooms worried about wedding plans.

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Foreclosure auction scheduled for “green” downtown condo building

Foreclosures Expert — Fri, 05 Feb 2010 08:09:02 +0000

A partially completed downtown condo project acclaimed for its “green” energy properties is scheduled to be sold in foreclosure.

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Reunion developer faces foreclosure

Foreclosures Expert — Fri, 05 Feb 2010 06:09:04 +0000

The developer responsible for Reunion subdivision in South Hall is facing foreclosure. On Thursday, Compass Bank filed foreclosure notices in The Times against John Wieland Homes and Neighborhoods.

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5/3 sees progress on anti-foreclosure

Foreclosures Expert — Fri, 05 Feb 2010 04:09:03 +0000

Fifth Third Bancorp said Thursday it’s given more than a third of eligible struggling homeowners permanent loan modifications under a federal government anti-foreclosure program.

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‘Housewife’s’ foreclosure postponed to March

Foreclosures Expert — Fri, 05 Feb 2010 04:09:03 +0000

A foreclosure auction has been postponed as expected for the Ladera home belonging to the family of Tamra Barney, one of cable TV’s “Real Housewives of Orange County.”

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Regulators propose ban on upfront payments for foreclosure assistance

Foreclosures Expert — Fri, 05 Feb 2010 04:09:03 +0000

WASHINGTON - The government is cracking down on companies that advertise help for troubled homeowners but often turn out to be scam artists. The Federal Trade Commission said Thursday it would propose to ban those foreclosure rescue services from collecting payment up front.

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Foreclosure rate continued climb in December

Foreclosures Expert — Fri, 05 Feb 2010 04:09:03 +0000

The Wichita area foreclosure rate in December continued its year-long upswing, according to First American CoreLogic, a real estate date firm.

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Patricia Frisbie earns Short Sale Foreclosure Resource certification

Foreclosures Expert — Fri, 05 Feb 2010 02:09:01 +0000

SADDLE RIVER — Patricia “Trish” Frisbie, sales associate at the Saddle River office of Terrie O’Connor Realtors, recently obtained the Short Sale Foreclosure Resource certification from the National Association of Realtors.

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Obama Administration Knew Foreclosure Program Wasn’t Working Right, Did Nothing

Foreclosures Expert — Thu, 04 Feb 2010 22:09:04 +0000

By Shahien Nasiripour Even as the Obama administration’s signature foreclosure-prevention program has foundered, Treasury Department officials have known that a key driver in keeping people in their homes in the long run is reducing mortgage principal, senior Treasury advisor Seth Wheeler told the Huffington Post. Wheeler is one of the architects of the administration’s housing plan. read more

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Wachovia files foreclosure action against TPC Treviso Bay developer

Foreclosures Expert — Thu, 04 Feb 2010 22:09:04 +0000

Wachovia Bank National Association has filed a foreclosure action against the developer of Treviso Bay.The action was filed in late December in Collier County Circuit Court. It came after the developer put a hold on the construction of its clubhouse, which originally was to span 74,000 square feet, and said it was taking a step back to revisit plans for the future of the lavish golf course

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Judge rejects bid to stop foreclosure

Foreclosures Expert — Thu, 04 Feb 2010 20:09:02 +0000

Associated Press - February 4, 2010 8:44 AM ET BATON ROUGE, La. (AP) - Baton Rouge developer Tommy Spinosa has lost a bid to halt a foreclosure suit against his Perkins Rowe mixed-use

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Bank Seeks Foreclosure On Fulbright Building

Foreclosures Expert — Thu, 04 Feb 2010 18:09:02 +0000

First Federal Bank of Arkansas filed a foreclosure petition Wednesday for the Fulbright Building, the former site of the public library adjacent to the Washington County Courthouse.

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B-CS has one of nation’s lowest foreclosure rates

Foreclosures Expert — Thu, 04 Feb 2010 12:09:03 +0000

By MICHELLE CASADY michelle.casady@theeagle.com Bryan-College Station and the surrounding area has had one of the lowest foreclosure rates in the nation since 2006, according to RealtyTrac, a company that has recorded such statistics on a national scal

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Foreclosure will end North Port apartment complex’s low-income housing tax credit

Foreclosures Expert — Thu, 04 Feb 2010 12:09:03 +0000

By MICHAEL BRAGA and JOHN DAVIS Bank of America subsidiary buys Riley Chase out of foreclosure

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Non-profit group says foreclosure rescue scams rising

Foreclosures Expert — Thu, 04 Feb 2010 08:09:04 +0000

(KMOV) - A non-profit housing group claims foreclosure rescue scams are on the rise. The scammers prey on people facing foreclosure, claiming they can save a person’s home for the cost of $1,000. When the homeowners pay up, they still lose their home and the scammers get away with the money. Chris Krehmeyer, the director of the group “Beyond Housing,” says if you receive a call from someone

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Fair Housing Center offers Toledoans foreclosure help

Foreclosures Expert — Thu, 04 Feb 2010 06:09:03 +0000

Thousands of homeowners are fearing foreclosure, but the biggest mistake is not asking for help.

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Lee County foreclosure filings down

Foreclosures Expert — Thu, 04 Feb 2010 06:09:03 +0000

LEE COUNTY: There’s good news on Lee County’s foreclosure front. The Clerk of Court says filings are down to their lowest point in over 2 years. The number of foreclosures filed in January dropped to 1,300. That’s down from more than 1,600 in December.

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Will O.C. ‘Housewife’ escape foreclosure?

Foreclosures Expert — Thu, 04 Feb 2010 04:09:02 +0000

Tamra Barney’s Ladera Ranch home may be scheduled for foreclosure at noon tomorrow, but that auction is expected to be postponed, the “Real Housewives” star’s real estate agent said. The “short sale” of the property is still on, and even won the

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Harlem’s Riverton Houses to Be Sold in Foreclosure

Foreclosures Expert — Thu, 04 Feb 2010 04:09:02 +0000

A state judge has ordered the foreclosure sale of the Riverton Houses in Harlem to satisfy the nearly $241 million debt of owner Laurence Gluck. A developer at Stellar Management, Gluck had bought t .

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Bank takes back Arcade in foreclosure

Foreclosures Expert — Thu, 04 Feb 2010 04:09:02 +0000

Rumors that a buyer might emerge today for the vacant Arcade building in downtown St. Louis didn’t pan out. After a cancellation in December and subsequent rescheduling, foreclosure of the building went through today. Bank of America’s bid of $9 million was the only one received.

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Foreclosure boosts One City Centre rehab

Foreclosures Expert — Thu, 04 Feb 2010 02:09:07 +0000

A foreclosure sale today gave developer Stacy Hastie control of the One City Centre office tower in downtown St. Louis. Hastie, head of SCR Investments, says the pace of work will pick up now that Pyramid Co.’s ownership interest in the 25-story building has been extinguished in foreclosure.

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Foreclosure scams continue to menace Arizona homeowners

Foreclosures Expert — Thu, 04 Feb 2010 00:09:03 +0000

Foreclosure scams that ultimately cost struggling homeowners more than a mortgage payment continue to climb in Arizona.

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Foreclosure Bidding Going Online In Orange

Foreclosures Expert — Wed, 03 Feb 2010 22:09:03 +0000

One Central Florida county is planning on moving foreclosure auctions online.

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Foreclosure scams menace homeowners

Foreclosures Expert — Wed, 03 Feb 2010 20:09:02 +0000

Foreclosure scams that ultimately cost struggling homeowners more than a mortgage payment continue to climb in Arizona. To combat the scams and help protect homeowners facing foreclosure, legislation has been introduced to regulate the growing number of firms offering loan modifications.

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Orange County to move foreclosure bidding online

Foreclosures Expert — Wed, 03 Feb 2010 20:09:02 +0000

Associated Press - February 3, 2010 8:24 AM ET ORLANDO, Fla. (AP) - One central Florida county is planning on moving foreclosure auctions online.

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Judge Orders Foreclosure Sale of Riverton Houses

Foreclosures Expert — Wed, 03 Feb 2010 20:09:02 +0000

A judge has ordered the foreclosure sale of the historic Riverton Houses, a middle-class Harlem apartment complex.

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Woman facing foreclosure testifies to Senate

Foreclosures Expert — Wed, 03 Feb 2010 20:09:02 +0000

COLUMBUS — A Ross County woman trying to save her home from foreclosure testified in front of the Ohio Senate Committee on Finance and Financial Institutions Tuesday, advocating inclusion of funding in Senate Bill 197 for housing counselors.
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County sees low numbers of foreclosure; Statewide numbers among highest in nation

Foreclosures Expert — Wed, 03 Feb 2010 16:09:08 +0000

The crippling effects of the recent financial recession are evidence of the growing number of foreclosures across the state and the nation. While some would say no area is immune, one may find fewer victims in Isabella County. Steve Pickens, county treasurer, said Isabella saw just 12 foreclosure filings in 2009.

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Mortgage lenders pursue homeowners even after foreclosure

Foreclosures Expert — Wed, 03 Feb 2010 16:09:06 +0000

As terrible as it is to lose your house to foreclosure, at least it’s a relief to put your biggest financial headache behind you, right?

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Replay today’s online chat with local experts in mental health and foreclosure issues

Foreclosures Expert — Wed, 03 Feb 2010 16:09:05 +0000

Houses of Blues: The Foreclosure Crisis and its health effects

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Riverton Houses in Harlem to Be Sold in Foreclosure

Foreclosures Expert — Wed, 03 Feb 2010 10:09:02 +0000

The owner of the complex failed to meet his projections and defaulted on the mortgage.

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3 East Side Properties Targeted In Foreclosure Suit

Foreclosures Expert — Wed, 03 Feb 2010 10:09:02 +0000

Several properties in Whitefish Bay and Milwaukee’s east side are the target of a foreclosure lawsuit.

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Foreclosure counseling available

Foreclosures Expert — Wed, 03 Feb 2010 10:09:02 +0000

A major owner of distressed mortgages has arranged with a nonprofit counseling center in Ontario to screen its delinquent clients in Riverside and San Bernardino counties to see if their homes can be saved from foreclosure with help from the Obama administration’s mortgage refinancing and modification program.

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Landmark Sausalito hotel sold in foreclosure sale

Foreclosures Expert — Wed, 03 Feb 2010 08:09:02 +0000

Sausalito’s landmark Casa Madrona Hotel & Spa was sold on the steps of San Rafael City Hall for $11.4 million Tuesday morning as part of a foreclosure sale.

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State targets promoter of ‘foreclosure rescue’ scheme

Foreclosures Expert — Wed, 03 Feb 2010 04:09:02 +0000

State issues cease-and-desist order, levies $250,000 in fines against Portland-area man, two firms he controlled for selling interests in foreclosed homes he seized in complex “foreclosure rescue” scheme.

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Developer Gokhman, partner facing $15 million foreclosure suit

Foreclosures Expert — Wed, 03 Feb 2010 00:09:02 +0000

Prominent local developer Boris Gokhman and his partner, Walter Shuk, are facing a $15 million foreclosure action that seeks to take control of three properties: the Oriental Theatre building and Habhegger buildings, both on Milwaukee’s east side, and the Fox Bay Building, in Whitefish Bay. The suit, filed in Milwaukee County Circuit Court, claims that investment groups organized by Gokhman and

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Medical center faces possible foreclosure Medical center faces possible foreclosure

Foreclosures Expert — Wed, 03 Feb 2010 00:09:02 +0000

By Anthony Clark Issues at the Hawthorne Medical Center first became public when four former employees and their relatives protested late paychecks outside the clinic starting in early December. Now the clinic - one of just two serving a large rural area in and around Hawthorne - is facing foreclosure proceedings by the doctor who owned the clinic and

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La. foreclosure filings drop in May

Foreclosures Expert — Tue, 02 Feb 2010 22:09:02 +0000

NEW ORLEANS (AP) - Residential foreclosure filings in Louisiana fell 16% from April to May, but still remained sharply higher than a year ago. That’s according to California-based RealtyTrac, which tracks foreclosure filings nationwide.

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Foreclosure looms? Get help here

Foreclosures Expert — Tue, 02 Feb 2010 16:09:03 +0000

Borrowers behind on their home mortgages and at risk of foreclosure can get free help modifying their loans at new Freddie Mac borrower help centers in Chicago and across the country.The mortgage giant has teamed with nonprofits across the country and is targeting both homeowners who’ve not sought help before, and those who have but given up over frustration with the mortgage modification

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Record-setting foreclosure numbers for area - again

Foreclosures Expert — Tue, 02 Feb 2010 14:09:05 +0000

Foreclosures continue to be a hot issue in Greeley, with 2009 becoming another record-setting year. Foreclosure filings broke the 3,000 barrier for the first time, and sales grew slightly over 2008 sales. “It’s the highest we ever had,” said Susie Velasquez, Weld County’s public trustee. In all, 2009 saw 3,354 foreclosure filings, a 19 percent increase from 2008. Foreclosure sales for 2009 came

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Grand Soleil faces foreclosure again

Foreclosures Expert — Tue, 02 Feb 2010 14:09:05 +0000

Britton & Koontz Bank has again initiated foreclosure proceedings against Grand Soleil Casino Resort.

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What foreclosure mediation could look like for Md. homeowners

Foreclosures Expert — Tue, 02 Feb 2010 14:09:05 +0000

O’Malley would require loan review to pare foreclosures Gov. Martin O’Malley wants to make mediation a part of the foreclosure process in Maryland, offering it as one way to head off more avoidable trips to the auction block. Mediation has popped up in other states, but not in the same way everywhere. So what’s the plan here?

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Biz Buzz: County foreclosure activity still on the rise

Foreclosures Expert — Tue, 02 Feb 2010 12:09:02 +0000

Foreclosure activity has not abated in San Luis Obispo County, a signal that many homeowners here re

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Foreclosure victim gets her house back

Foreclosures Expert — Tue, 02 Feb 2010 08:09:02 +0000

Thanks to Mobile’s new Neighborhood Stabilization Program, Marcella Moran received the keys to the house she lost in foreclosure in 2008.

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Foreclosure prevention seminar at Reno senior center

Foreclosures Expert — Tue, 02 Feb 2010 08:09:02 +0000

The Washoe County Senior Law Project will hold a Foreclosure Prevention Seminar from 4 to 6 p.m. Wednesday at the Reno Senior Center at Ninth and Sutro streets.

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State foreclosure filings fell in January

Foreclosures Expert — Tue, 02 Feb 2010 02:09:02 +0000

Foreclosure filings in Wisconsin fell 10.9% in January from the same month in 2009, a new report shows. Court records show an overall decline in foreclosure filings in the southeastern part of the state as well in January.

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Get a ‘mulligan’ after foreclosure?

Foreclosures Expert — Tue, 02 Feb 2010 02:09:02 +0000

Economist suggests lenders look kindly on borrowers’ credit reports, even after foreclosure.

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Land in The Gulch sold to avoid foreclosure

Foreclosures Expert — Tue, 02 Feb 2010 02:09:02 +0000

The site of a proposed 10-story mixed-use apartment complex in The Gulch in downtown Nashville that was set for foreclosure, Griffin Plaza, has been sold instead to a group of local investors who got a discounted price. Mark Bloom said today that his company, Corner Partnership, which includes local investors Ronnie Scott and Larry Papel, purchased the 54,000-square-foot property on Friday for

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Owners in foreclosure have help, A.G.’s office says

Foreclosures Expert — Mon, 01 Feb 2010 22:09:02 +0000

MULTNOMAH — On Keith Dubanevich’s first day as Chief of Staff for the Oregon Attorney General’s Office, his boss, Democrat John Kroger, told him to “do something” about the foreclosure crisis. On Jan. 13, Dubanevich told the Multnomah Neighborhood Association all

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Detroit Office of Foreclosure Prevention and Response Launches Web Site to Help Homeowners Save Their Homes

Foreclosures Expert — Mon, 01 Feb 2010 20:09:02 +0000

DETROIT , Feb. 1 /PRNewswire/ — For many, the idea of foreclosure is overwhelming, embarrassing and frustrating, yet it is becoming a reality for thousands of families across the country. Â But now, there is a trustworthy community resource to help homeowners through this process. http://www.ForeclosureDetroit.org is a tool to help people learn the facts, realize they
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Federal aid to prop up foreclosure-hit areas

Foreclosures Expert — Mon, 01 Feb 2010 16:09:05 +0000

Two neighborhoods just north of downtown Des Moines will see the bulk of a $1 million injection of federal money aimed at lessening the damage of foreclosures.

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New foreclosure filings in Cuyahoga County remain high and advance in the suburbs

Foreclosures Expert — Mon, 01 Feb 2010 16:09:04 +0000

Cuyahoga County saw nearly 14,800 new foreclosure filings last year — a number virtually unchanged from 2008. Filings in the suburbs exceed those in the already battered city of Cleveland, with some cites west of the urban core seeing dramatic increases in recent years, according to data compiled by Case Western Reserve University’s Center on Urban Poverty and Community Development.
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Speed a must when buying foreclosure

Foreclosures Expert — Sun, 31 Jan 2010 16:09:06 +0000

Dear Dave,I want to buy a foreclosure. How do I go about it, and where do I look? I’m having a hard time making anything happen, because it seems like the real estate brokers are buying them up before I know they’re available or have a chance to look at them. JeffDear Jeff, I used to buy and sell foreclosures for a living, and for a while I ran into the same trouble you’re having now. It didn’t

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Shopping center foreclosure shouldn ‘t affect businesses

Foreclosures Expert — Sun, 31 Jan 2010 16:09:04 +0000

Liberty Square shopping center in Evans faces foreclosure, several tenants of the building were shocked to learn.

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Is foreclosure prevention a good idea?

Foreclosures Expert — Sun, 31 Jan 2010 12:09:03 +0000

In the year since President Barack Obama announced a $75 billion plan to help homeowners avoid foreclosure, there has been plenty of criticism about why it hasn’t helped more people.

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Seminar helps homeowners avoid foreclosure

Foreclosures Expert — Sun, 31 Jan 2010 12:09:02 +0000

Las Vegas, NV-Valley homeowners have been hard hit by the mortgage meltdown. And those at risk of losing their homes had the chance to get some help from experts in the business. Metro hosted a free foreclosure seminar this afternoon at Tarkanian middle school.

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Free foreclosure clinics help homeowners wade through complicated process

Foreclosures Expert — Sun, 31 Jan 2010 10:09:07 +0000

Donald Mullins went from making about $40,000 a year to about $20,000 and ended up behind on mortgage payments. He received a foreclosure notice earlier this month, so the 61-year old wanted to find out what he could do to keep his house.

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DAVE RAMSEY: Foreclosure pursuit can be fruitful

Foreclosures Expert — Sun, 31 Jan 2010 08:09:02 +0000

SAN ANGELO, Texas —Dear Dave: I want to buy a foreclosure. How do I go about it, and where do I look? I’m having a hard time making anything happen, because it seems like the real estate brokers are buying them up before I know they’re available or have a chance to look at them.— JeffDear Jeff: I used to buy and sell foreclosures for a living, and for a while I ran into the same trouble you’re

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A portrait of a Dane County foreclosure, and a look at the local housing market

Foreclosures Expert — Sun, 31 Jan 2010 00:09:02 +0000

Bill Schroeder and his wife, Dawn, faced foreclosure in Lodi. It’s a problem confronting an increasing number of homeowners in Dane County.

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Developer asks court to dismiss suits; foreclosure, ADEQ fines

Foreclosures Expert — Sat, 30 Jan 2010 18:09:02 +0000

YELLVILLE — A Bull Shoals man has asked the Marion County Circuit Court to dismiss both a foreclosure action by a bank and a lawsuit filed by the Arkansas Department of Environmental Quality, according to documents filed Tuesday in the Marion County Clerk’s Office.

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Help available today for seniors facing foreclosure

Foreclosures Expert — Sat, 30 Jan 2010 18:09:02 +0000

Seniors facing home foreclosure or hoping to avoid a future crisis are invited to attend a free workshop from 10 a.m. to 3 p.m. today at the Carson City Senior Center. Five counselors from the Washoe County Senior Law Project will provide one-on-one help to those experiencing difficulty making their mortgage payments. The seminar also includes a presentation on the foreclosure process. “We will

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Planned ethanol site now faces foreclosure

Foreclosures Expert — Sat, 30 Jan 2010 18:09:02 +0000

More than two years ago, construction stopped on the Liberty Renewable Fuels ethanol plant near Ithaca and now a notice of foreclosure sale has been published.

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Foreclosure workshops this week

Foreclosures Expert — Sat, 30 Jan 2010 14:09:03 +0000

CHICO — For people with issues concerning credit card debt or foreclosure, Legal Services of Northern California is offering assistance.

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Home Foreclosure Numbers Jump in Bonneville County

Foreclosures Expert — Sat, 30 Jan 2010 08:09:03 +0000

Foreclosure rates were up 35 percent in Bonneville County in 2009. For the most part, Idaho has dodged the stinging bullet of the recession, but these numbers prove it’s not immune.

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Foreclosure ends vision of Oasis at Shangri-la

Foreclosures Expert — Sat, 30 Jan 2010 04:09:04 +0000

TONOPAH — Lenders last week assumed ownership through foreclosure of a 20-acre tract of land at 2460 W. Highway 372 where Jerry Wang, chief executive officer of the Forum Group Ltd., had plans for an ambitious resort complex.
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Florida has second-worst foreclosure rate in nation

Foreclosures Expert — Sat, 30 Jan 2010 04:09:04 +0000

Reports show that Florida has the second-to-worst foreclosure rate in the country, just behind California.

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Local foreclosure rates higher than state, nation

Foreclosures Expert — Sat, 30 Jan 2010 02:09:02 +0000

[DEVELOPING] Regional foreclosure filings surged 63% in 2009, triple that of California and the nation, as more area homeowners struggled to make mortgage payments, according to a widely cited real estate report released Thursday.

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Protesters Picket Morgan Stanley To Use Bonuses For Foreclosure Prevention Program

Foreclosures Expert — Sat, 30 Jan 2010 00:09:03 +0000

(Jersey City, 1/29/2010) The cold and wind has not stopped a group of protesters from picketing outside Morgan Stanley Jersey City headquarters. They want the bank to donate executive bonuses on a foreclosure prevention program.

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Metro area foreclosure rate ranks 61st in nation

Foreclosures Expert — Fri, 29 Jan 2010 22:09:02 +0000

The foreclosure rate for the Portland-Vancouver area ranked it 61st among 203 metro areas nationwide in 2009, according to a report from RealtyTrac this week.

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Tri-City foreclosure rate ranked low last year

Foreclosures Expert — Fri, 29 Jan 2010 20:09:02 +0000

Only nine areas in the nation have a foreclosure rate lower than the Tri-Cities, says a report by Ca

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Treasury Announces Fix To Foreclosure-Prevention Plan, But Nearly 500K Homeowners At Risk Of Being Bounced

Foreclosures Expert — Fri, 29 Jan 2010 20:09:02 +0000

With as many as 450,000 troubled homeowners in danger of being bounced out of the Obama administration’s signature foreclosure-prevention program due to documentation problems, the Treasury Department announced major changes Thursday to simplify and quicken the process.

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State program aids 750 N.J. homeowners who face foreclosure

Foreclosures Expert — Fri, 29 Jan 2010 20:09:02 +0000

Mel Evans/The Associated PressA foreclosure sign is seen on the lawn of a home in Egg Harbor Township in 2008.A state judiciary mediation program has given relief to 750 homeowners facing foreclosure, a report in NorthJersey.com said. The New Jersey

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DFW in middle of the pack for 2009 foreclosure postings

Foreclosures Expert — Fri, 29 Jan 2010 20:09:02 +0000

One in every 67 housing units in Dallas-Fort Worth-Arlington received a foreclosure notice in 2009, placing the area at No. 94 on RealtyTrac’s listing of 203 metro areas from worst to best.

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Foreclosure workshop Friday in Coral Springs

Foreclosures Expert — Fri, 29 Jan 2010 18:09:03 +0000

A workshop to help South Florida homeowners who are in default on their mortgages or at risk of foreclosure is scheduled for 1 to 7:30 p.m. Friday at the Coral Springs Marriott Hotel at 11775 Heron Bay Blvd., Coral Springs.

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‘First Look’ gives buyers foreclosure edge

Foreclosures Expert — Fri, 29 Jan 2010 18:09:03 +0000

Buyers looking for a good deal on a foreclosure now have a little help, thanks to Fannie Mae.

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Short sales soar while foreclosure sales slacken

Foreclosures Expert — Fri, 29 Jan 2010 18:09:02 +0000

Las Vegas and the state may be changing from the nation’s foreclosure capital to a housing market dominated by short sales.

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Biz Buzz: Foreclosure on parks horizon

Foreclosures Expert — Fri, 29 Jan 2010 16:09:06 +0000

A 68-acre business park along Highway 227 near San Luis Obispo County Regional Airport — under development since 1999 but with only one building completed — is on the verge of foreclosure.

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NewsWatch: Foreclosure rates level in D.C. region, up elsewhere

Foreclosures Expert — Fri, 29 Jan 2010 16:09:05 +0000

New data show that the home foreclosure rate in the Greater Washington, D.C., region last year was virtually level with 2008, while rates in the Baltimore and Hagerstown areas continued to climb significantly.

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Golf course still in limbo during foreclosure

Foreclosures Expert — Fri, 29 Jan 2010 16:09:03 +0000

Whether the Yerington Golf & Country Club will reopen this spring, and who might be running it, is still up in the air while foreclosure proceedings are ongoing.

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Merced, Fresno, and Visalia In Top 25 For Worst Foreclosure Rates

Foreclosures Expert — Fri, 29 Jan 2010 12:09:02 +0000

A new report shows Merced had one of the highest foreclosure rates in the country for 2009. According to RealtyTrac, Las Vegas had the nation’s highest foreclosure rate.

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Fewer North Carolinians filed for foreclosure in 2009 than 2008

Foreclosures Expert — Fri, 29 Jan 2010 12:09:02 +0000

North Carolina had 28,384 foreclosure filings in 2009, 16 percent fewer than in 2008, RealtyTrac Inc. reported yesterday.

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Florida bankers move to dramatically speed up the foreclosure process

Foreclosures Expert — Fri, 29 Jan 2010 10:09:02 +0000

A foreclosure bill would allow banks to evict homeowners without a judge.

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State mediation program aids Bergen, Passaic homeowners facing foreclosure

Foreclosures Expert — Fri, 29 Jan 2010 06:09:02 +0000

The New Jersey Judiciary Foreclosure Mediation Program worked with 242 homeowners in Passaic and 298 in Bergen in the program last year. Not all — or even most — saved their homes. But for those the program is able to help, it is a godsend.

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College Station Among Lowest Foreclosure Rates in the U.S.

Foreclosures Expert — Fri, 29 Jan 2010 04:09:04 +0000

According to a report released this week by RealtyTrac, College Station was listed as having one of the nation’s lowest foreclosure rates.

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New rule affects homeowners in foreclosure avoidance program

Foreclosures Expert — Fri, 29 Jan 2010 04:09:04 +0000

Those seeking to ease their mortgage terms must now document their finances before a trial modification will be granted, the Obama administration says. Loan servicers must adopt the policy by June 1. The Obama administration overhauled its struggling foreclosure avoidance program today, saying it would require homeowners seeking to ease their mortgage terms to document their financial situation

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Study: 3,985 Oahu properties in foreclosure in ‘09

Foreclosures Expert — Fri, 29 Jan 2010 02:09:02 +0000

Foreclosures on Oahu may have been way up last year, but a new study says the island still had a lower foreclosure rate than 126 other major metropolitan areas of the nation.

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Phila. 113th in metro foreclosure filings

Foreclosures Expert — Fri, 29 Jan 2010 02:09:02 +0000

Philadelphia ranked 113th of 203 metropolitan areas in foreclosure filings in 2009, RealtyTrac of Irvine, Calif., reported today.

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Bank files for foreclosure on communities in Cape Coral, south Fort Myers

Foreclosures Expert — Fri, 29 Jan 2010 02:09:02 +0000

A Dutch bank filed for foreclosure Wednesday against the developer of residential communities Tarpon Pointe Marina in Cape Coral and Bell Tower Park

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Jacksonville metro area 26th on foreclosure list

Foreclosures Expert — Fri, 29 Jan 2010 00:09:02 +0000

The Jacksonville metropolitan area placed 26th with the most foreclosure-related notices as a percentage of its housing stock in 2009, according to a year-end report from RealtyTrac, a real estate data aggregation company.

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U.S. foreclosure activity spreads beyond hard-hit metro areas

Foreclosures Expert — Fri, 29 Jan 2010 00:09:02 +0000

In 2009, foreclosure activity soared in the metro areas of Nevada, Florida, California and Arizona. During the last part of the year, though, the foreclosure plague spread beyond those usual trouble spots, according to RealtyTrac, the online marketer of foreclosed homes.

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Facing foreclosure? Free workshop set for Jan. 29 in Coral Springs

Foreclosures Expert — Fri, 29 Jan 2010 00:09:02 +0000

We’ve heard from dozens of readers over the past couple of weeks, many looking for help on how to avoid foreclosure.

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Foreclosure filings in Greensboro area down in ‘09 from previous year

Foreclosures Expert — Thu, 28 Jan 2010 22:09:02 +0000

The Greensboro-High Point metro area ranked 123rd in the country in 2009 for foreclosure rates, according to RealtyTrac, which tracks such data. About 1.21 percent of the area’s housing units received a foreclosure notice in 2009, below the national average of 2.21. The Greensboro-High Point figure was down 3.89 percent from 2008 but up 22.39 percent from 2007. read more

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Westphalia multiuse project in foreclosure proceedings

Foreclosures Expert — Thu, 28 Jan 2010 20:09:03 +0000

Months after the Prince George’s County Council approved the site plan for a major multiuse project in Upper Marlboro that promised more than 4,300 residential units, 600 hotel rooms and more than 5.4 million square feet of commercial space, the project faces foreclosure.

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Area foreclosure filings soared in 2009

Foreclosures Expert — Thu, 28 Jan 2010 18:09:08 +0000

There were 6,302 foreclosure filings in the 13-county Louisville-Southern Indiana metro area last year, up about 47 percent from 2008 and 97 percent from 2007, according to report by research firm RealtyTrac.

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One in every 21 Tampa households mired in foreclosure

Foreclosures Expert — Thu, 28 Jan 2010 18:09:07 +0000

Eleven of the top 25 metro areas with the highest foreclosure rates in 2009 are located in Florida, more than any other state.

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Housing Helpers give advice on how to avoid foreclosure

Foreclosures Expert — Thu, 28 Jan 2010 18:09:03 +0000

With more than 550 foreclosure cases in Maywood last year alone, Housing Helpers is coordinating with HUD counseling agencies to help residents in the mortgage foreclosure crisis.

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Foreclosure outreach to help those who’ve given up

Foreclosures Expert — Thu, 28 Jan 2010 18:09:03 +0000

KUSA - Homeowners caught up in foreclosure have a new option to find help and hope. Freddie Mac is teaming up with several non-profits to reach out to homeowners who have given up on loan modification because of red tape or calls from collectors.

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Foreclosure plague: 2009’s worst-hit cities

Foreclosures Expert — Thu, 28 Jan 2010 16:09:05 +0000

Cities in the so-called Sand States dominated the foreclosure rankings in 2009, with the 20 worst-hit metro areas residing in Nevada, Florida, California and Arizona.

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Las Vegas Had the Nation’s Highest Foreclosure Rate in 2009

Foreclosures Expert — Thu, 28 Jan 2010 12:09:04 +0000

Las Vegas had the nation’s highest foreclosure rate among metropolitan areas in 2009.

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Las Vegas, Cape Coral, Merced Foreclosure Rates Highest Among Major Metro Areas in 2009 According to RealtyTrac

Foreclosures Expert — Thu, 28 Jan 2010 12:09:04 +0000

Top 20 Cities Are From California, Florida, Nevada and Arizona; Utah, Illinois, Oregon, Idaho Cities Indicate Foreclosure Problem Is Spreading

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Foreclosure and bankruptcy clinics

Foreclosures Expert — Thu, 28 Jan 2010 12:09:04 +0000

Florida Rural Legal Services is holding a series of free clinics to assist Southwest Floridians facing foreclosure. After a brief informational session, individual attorneys will be available to provide one-on-one advice and consultation to participants.

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Inland foreclosure data lift hopes

Foreclosures Expert — Thu, 28 Jan 2010 12:09:03 +0000

With most subprime mortgage failures played out, it is possible that the worst of the foreclosures is over for lower-priced housing regions like Inland Southern California, a real estate research company said Wednesday. MDA DataQuick released a report that showed a continuing quarter-to-quarter decline last year in homes entering the foreclosure process in California and Riverside and San

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Richmond-area foreclosure filings up 39% in 2009

Foreclosures Expert — Thu, 28 Jan 2010 12:09:03 +0000

The Richmond area saw a 39.1 percent jump in the number of foreclosure filings in 2009 from the previous year, according to a report released this morning by an online researcher of foreclosed properties. In all, 7,177 properties—or 1.41 percent of all households—received a notice last year, RealtyTrac reported. Nationally, 2.21 percent of all households received foreclosure filings last year

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Las Vegas, California Cities Top Foreclosure List in 2009

Foreclosures Expert — Thu, 28 Jan 2010 12:09:02 +0000

Jan. 28 (Bloomberg) — Las Vegas homeowners had the highest U.S. foreclosure rate last year, and California and Florida cities accounted for 17 of the nation’s 20 worst markets as unemployment extended the housing recession.
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The 20 cities with the highest foreclosure rates

Foreclosures Expert — Thu, 28 Jan 2010 12:09:02 +0000

The Las Vegas metropolitan area suffered a foreclosure rate that was five times the national average and the highest rate in the country in 2009, according to a report on Thursday by RealtyTrac, an online foreclosure marketplace.

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No Place to Call Home: Foreclosure Threat Up in LA

Foreclosures Expert — Thu, 28 Jan 2010 06:09:02 +0000

More Southern California homeowners are facing foreclosure.

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Riverside County homes slipping into foreclosure increase slightly by .4 percent

Foreclosures Expert — Thu, 28 Jan 2010 04:09:02 +0000

Wednesday, January 27 th , 2010. Issue 04, Volume 14. RIVERSIDE - The number of Riverside County homes slipping toward foreclosure increased by a slight 0.4 percent in the fourth quarter of 2009, compared to the same period in 2008, a real estate information service reported today.

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San Diego Homes Headed For Foreclosure Increase

Foreclosures Expert — Thu, 28 Jan 2010 02:09:03 +0000

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Number of homes approaching foreclosure increased

Foreclosures Expert — Thu, 28 Jan 2010 02:09:03 +0000

The number of San Diego County homes slipping toward foreclosure increased by 17.9 percent in the fourth quarter of 2009, compared to the same period in 2008, a real estate information service reported Wednesday. Lenders sent default notices to 6,536 homeowners in San Diego County in the fourth quarter, up from the previous year’s fourth-quarter total of 5,543, according to La Jolla-based MDA

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LA County homes heading for foreclosure up 15.2%

Foreclosures Expert — Thu, 28 Jan 2010 02:09:02 +0000

The number of Los Angeles County homes slipping toward foreclosure increased by 15.2 percent in the fourth quarter of 2009, compared to the same period in 2008, a real estate information service reported today.

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New foreclosure mediation program approved for Dane County

Foreclosures Expert — Thu, 28 Jan 2010 00:09:02 +0000

Starting Monday, Dane County residents facing foreclosure will have a new mediation option that could help them keep their homes even as new filings continue to mount.

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Freddie Mac to open mortgage foreclosure help centers

Foreclosures Expert — Wed, 27 Jan 2010 22:09:04 +0000

Hundreds of Chicago area homeowners are facing foreclosure because they’ve fallen behind in their house payments.

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Balsam Mountain Preserve foreclosure now official

Foreclosures Expert — Wed, 27 Jan 2010 22:09:04 +0000

Balsam Mountain Preserve, a mega-development in Jackson County, was sold to the highest bidder on the courthouse steps Monday (Jan. 25) in a closely followed foreclosure proceeding.

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Record foreclosure filings threaten housing

Foreclosures Expert — Wed, 27 Jan 2010 20:09:02 +0000

The total of outstanding foreclosure auction notices on Orange County homes hit 10,513 at the end of December, the highest in this housing downturn.

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County foreclosure rate drops in 2009

Foreclosures Expert — Wed, 27 Jan 2010 18:09:01 +0000

Polk County’s home foreclosure rate in 2009 improved over figures from 2008, according to information from the Polk County Recorder’s office. While one in 86 homes were foreclosed on in 2008, one in 91 were foreclosed on in 2009.

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Finding great foreclosure deals

Foreclosures Expert — Wed, 27 Jan 2010 16:09:05 +0000

You can get a fantastic deal when buying a home through a foreclosure, but it might take days in traffic and multiple offers to get the house you want, says Bankrate.com

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Maryland foreclosure rate up 6.3 percent last month

Foreclosures Expert — Wed, 27 Jan 2010 16:09:04 +0000

Maryland’s home foreclosure rate continued to climb last month and last year, according to new data from RealtyTrac of Irvine, Calif.

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Fed’s foreclosure program starting to see action

Foreclosures Expert — Wed, 27 Jan 2010 14:09:02 +0000

Mortgage companies are finally starting to sign up for a long-delayed piece of the Obama administration’s $75 billion foreclosure-prevention program.

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Creditor to resume foreclosure against Bethany Village

Foreclosures Expert — Wed, 27 Jan 2010 10:09:01 +0000

The largest secured creditor in the Appleridge Retirement Community bankruptcy case will resume foreclosure proceedings Wednesday against the 112-unit subsidiary of Bethany Village in Horseheads.

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Chandler looks to expand foreclosure program

Foreclosures Expert — Wed, 27 Jan 2010 08:09:02 +0000

Chandler is preparing to spend millions of dollars trying to shore up one of its most sickly economic indicators, the home foreclosure rate, which surged by 95 percent over the last year.

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Reverse foreclosure could put more responsibility on banks

Foreclosures Expert — Wed, 27 Jan 2010 06:09:02 +0000

A new court ruling has major implications for local communities hit hard by rising foreclosure rates. It would force banks to pay association fees on homes they take possession of, instead of making neighbors pick up the tab.

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Almost 700 sign up for online foreclosure auctions

Foreclosures Expert — Wed, 27 Jan 2010 06:09:02 +0000

Almost 700 sign up for online foreclosure auctions

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RealtyBid.com Rings In New Year With Hundreds of Foreclosure Bargains

Foreclosures Expert — Wed, 27 Jan 2010 04:09:04 +0000

RISMEDIA, January 27, 2010—After a strong 2009, online home auction company RealtyBid.com has hit the ground running in 2010 by offering close to 1,000 REO (bank-owned, post-foreclosure) properties to investors and home buyers around the country during the month of…

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Bank of America steps up foreclosure prevention efforts

Foreclosures Expert — Wed, 27 Jan 2010 04:09:04 +0000

One roadblock slowing Obama’s foreclosure prevention program seems to be clearing up. Bank of America, the nation’s largest mortgage lender, announced Tuesday that it was the first lender to sign an agreement to lower or eliminate payments on second mortgages.

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Help for residents facing foreclosure

Foreclosures Expert — Wed, 27 Jan 2010 02:09:02 +0000

Homeowners on the Big Island who have been served a foreclosure notice can ask to participate in court-sponsored mediation with the lender before the case is heard by a judge.

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Jacksonville foreclosure help group to close

Foreclosures Expert — Tue, 26 Jan 2010 22:09:02 +0000

JACKSONVILLE, Fla. — A division of Jacksonville Area Legal Aid dedicated to helping homeowners going through foreclosure is losing its funding.
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Foreclosure crowds must go

Foreclosures Expert — Tue, 26 Jan 2010 22:09:02 +0000

By ROBERT DIGITALE THE PRESS DEMOCRAT For decades, foreclosure homes have been auctioned off at the county administration building. But today, there are so many auctions that it can be difficult to get through the crowds of bidders. The county now wants to move the auctions.

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Real Estate Black Swan Arrives: Free Legal Foreclosure Workshop February 4

Foreclosures Expert — Tue, 26 Jan 2010 22:09:02 +0000

Timely Florida Real Estate Workshop Helps Homeowners and Investors - Foreclosure defense attorney and South Florida legal blogger Roy Oppenheim says homeowners have the power to maximize gains and minimize losses if they understand legal rights and real estate environment. Free Workshop Thursday, February 4 from 6-7 p.m.

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Flaws plague foreclosure relief program

Foreclosures Expert — Tue, 26 Jan 2010 20:09:02 +0000

Ten months into the government’s third program to stop a record wave of foreclosures, the latest effort is falling far short of its goal. By John W. Schoen

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Mortgage ‘relief’ leads to foreclosure notice

Foreclosures Expert — Tue, 26 Jan 2010 20:09:02 +0000

Red Tape: For nine months, Deb Franklin said, she did exactly what JP Morgan Chase and President Barack Obama told her to do. She made her mortgage payments on time. Then, on the day after Christmas, a “bomb dropped” on her life.

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Halsey Minor’s farm back into foreclosure proceedings

Foreclosures Expert — Tue, 26 Jan 2010 20:09:02 +0000

An email to Minor was not immediately returned. FILE PHOTOS BY JAY KUHLMANN, HAWES SPENCER Less than a month after he agreed to buy it out of one foreclosure auction, bi-coastal internet titan Halsey Minor is once again facing the prospect of losing his farm. Last time, it was a million-dollar second mortgage on plush 205-acre Fox Ridge Farm which he allegedly defaulted; this time it is the much

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O’Malley agenda includes foreclosure mediation

Foreclosures Expert — Tue, 26 Jan 2010 06:09:02 +0000

Homeowners would be able to request face-to-face meetings with their lenders to find alternatives to foreclosure under a proposal announced Monday as part of Gov. Martin O’Malley’s legislative agenda. The proposal would add a $100 fee for each foreclosure filed, a cost that lenders would not be allowed to pass on to borrowers. The governor’s legislative package [ ]

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Losing Home in Foreclosure Won’t end Worry

Foreclosures Expert — Tue, 26 Jan 2010 04:09:02 +0000

Dear Bankruptcy Adviser, Our home was foreclosed on Sept. 6, 2008. It was a nonjudicial foreclosure by the first mortgage holder. Both the first and second loans were “purchase money” loans. We have

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Lit Law Group Lists 10 Biggest Mistakes Made by Homeowners Facing Foreclosure

Foreclosures Expert — Tue, 26 Jan 2010 00:09:03 +0000

With the number of foreclosures rising to newest highs every month, more and more consumers are searching for ways to stop foreclosure. The Lit Law Group, P.A. continues to educate consumers with weekly radio shows and news on ways to stop foreclosure.

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Top 10 states for foreclosure

Foreclosures Expert — Mon, 25 Jan 2010 20:09:04 +0000

Inflated prices, toxic mortgages and unemployment combined to cause a foreclosure tsunami.

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Donors rescue Perris-area ranch from foreclosure

Foreclosures Expert — Mon, 25 Jan 2010 14:09:11 +0000

Sometimes new beginnings take a lot of work. That’s what Renee Duncan and her volunteers are finding as they try to revive a nonprofit horse rescue amid a recession. The operation was rescued from foreclosure three months ago when a handful of anonymous donors pooled $220,000 to purchase the 12-acre property.

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Foreclosure Prevention & Intervention Services 10 Facts About the Process

Foreclosures Expert — Mon, 25 Jan 2010 14:09:03 +0000

Foreclosure prevention and foreclosure intervention are two very different services. Consumer Credit Counseling Service is trained and certified to help with both. Here’s how easy the process can be: [PR.com]

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Mediation fends off foreclosure

Foreclosures Expert — Mon, 25 Jan 2010 12:09:04 +0000

Ed and Brenda Bullock don’t need to read about the mortgage crisis. They’ve lived it. And after nearly a year of desperately seeking solutions to their problem mortgage they believe they may have succeeded in saving the home they love through the new Milwaukee Foreclosure Mediation Program.

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Huron County’s foreclosure rate highest in Ohio

Foreclosures Expert — Mon, 25 Jan 2010 12:09:03 +0000

NORWALK Huron County led the state in foreclosure rates in 2009.

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Rev. Jackson pushes for foreclosure remedy

Foreclosures Expert — Mon, 25 Jan 2010 12:09:03 +0000

Detroit — With Michigan facing one of the highest foreclosure rates in the country, the Rev. Jesse Jackson stood along with about 25 clergymen, elected officials and victims Sunday calling for law changes so people can modify loans.
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Foreclosure Solutions Sought in Aptos Workshop

Foreclosures Expert — Mon, 25 Jan 2010 10:09:02 +0000

Along with presenting resources for homeowners, information was also given regarding foreclosure scams

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Council OKs fine for disregarding foreclosure law

Foreclosures Expert — Mon, 25 Jan 2010 08:09:02 +0000

Banks or lenders would be fined $2,000 for failing to attempt to renegotiate mortgages prior to foreclosure

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Local Business Digest: Maryland foreclosure rate still climbing

Foreclosures Expert — Sun, 24 Jan 2010 20:09:02 +0000

Maryland’s property foreclosure rate continues to climb, jumping to 13.4 percent in the final quarter of 2009 over the preceding three months.

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Foreclosure workshop draws angry, frustrated homeowners

Foreclosures Expert — Sun, 24 Jan 2010 16:09:02 +0000

More people attended than organizers expected. “I was a little bit unprepared for the numbers this morning,” said San Juan Capistrano Mayor Lon Uso. About 500 people attended two sessions of a foreclosure-prevention workshop with loan counselors and

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Program helps N.H. residents avoid foreclosure

Foreclosures Expert — Sun, 24 Jan 2010 14:09:05 +0000

CONCORD — New Hampshire residents who are worried they could lose their homes to foreclosure will soon be able to work with mortgage lenders in a new mediation program.

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No silver lining yet in foreclosure crisis

Foreclosures Expert — Sun, 24 Jan 2010 12:09:02 +0000

It isn’t just about people losing their homes. Ripples from the long-running foreclosure crisis, experts told an audience in Minneapolis on Saturday, are spreading throughout the U.S. economy, affecting even those who, intuitively, might be expected to benefit.

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About 10% of Nevada homeowners request foreclosure help

Foreclosures Expert — Sun, 24 Jan 2010 10:09:02 +0000

More than 10 percent of Nevada homeowners facing default on their mortgages have taken advantage of the state’s foreclosure mediation program, according to figures released this month by the Nevada Supreme Court.

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People turn to foreclosure clinics for help

Foreclosures Expert — Sun, 24 Jan 2010 06:09:02 +0000

First Federal and Family Services, Inc. spent Saturday reaching out to homeowners in danger of losing their homes to foreclosure.

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Citizens group interjects in foreclosure of industrial property

Foreclosures Expert — Sun, 24 Jan 2010 02:09:02 +0000

A group of Ford City residents asking for the right to intervene in a bank’s foreclosure on borough-owned industrial property had their day in Armstrong County Court on Friday.

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Foreclosure clinic held for people along SC coast

Foreclosures Expert — Sat, 23 Jan 2010 20:09:02 +0000

NORTH CHARLESTON, S.C. (AP) - People in danger of losing their homes to foreclosure along part of the South Carolina coast are getting some help this weekend.

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450,000 at risk in foreclosure-prevention program

Foreclosures Expert — Sat, 23 Jan 2010 18:09:04 +0000

Hundreds of thousands of troubled homeowners who are making lower mortgage payments on a trial basis are at risk of being kicked out of President Obama’s foreclosure-prevention program.

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Renters get no disclosure on foreclosure

Foreclosures Expert — Sat, 23 Jan 2010 16:09:03 +0000

The worst part of Bo Evans’ job is showing up at an unsuspecting tenant’s house with foreclosure papers in hand.

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Foreclosure sale nears for Addamo Vineyards

Foreclosures Expert — Sat, 23 Jan 2010 14:09:02 +0000

The Addamo Vineyards property on East Clark Avenue near Orcuttfaces a foreclosure sale Feb. 4 in Santa Barbara, according to alegal notice published earlier this month.

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New Help Hotline for Florida Residents Facing Foreclosure

Foreclosures Expert — Sat, 23 Jan 2010 14:09:02 +0000

American Residential Law Group announced today that it urges homeowners who are facing foreclosure to contact its statewide hotline. (PRWeb Jan 23, 2010) Read the full story at http://www.prweb.com/releases/2010/01/prweb3501004.htm

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Groups Offer Help to Avoid Foreclosure

Foreclosures Expert — Sat, 23 Jan 2010 06:09:04 +0000

Foreclosure has affected more than 4,500 homes in the Triad and western parts of North Carolina, and community activists met with banking officials, state leaders and local commissioners Friday to find ways to slow foreclosures.

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Tarkanian family sues bank to avoid foreclosure on property

Foreclosures Expert — Sat, 23 Jan 2010 06:09:04 +0000

The prominent Tarkanian family of Las Vegas is suing a bank to block foreclosure of an investment property, charging the mortgage at issue was tainted by fraud. U.S. Senate candidate Danny Tarkanian; his mother and Las Vegas City Councilwoman Lois Tarkanian; and his father, former UNLV coach Jerry Tarkanian, are part of the lawsuit.

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Ohio is running out of cash for home foreclosure counselors

Foreclosures Expert — Sat, 23 Jan 2010 04:09:02 +0000

State money to pay counselors to help Ohio homeowners challenge foreclosure filings is running out. That’s why homeowners and their advocates are telling legislators to find extra cash, by slapping a new feel on lenders. WKSU’s Bill Cohen reports.

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3 indicted in alleged foreclosure rescue scam

Foreclosures Expert — Sat, 23 Jan 2010 00:09:01 +0000

Three men have been indicted on theft charges in an alleged foreclosure rescue scam that bilked people out of thousands of dollars to modify loans, the state Attorney General’s office announced Thursday.

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Group helps avert foreclosure

Foreclosures Expert — Fri, 22 Jan 2010 22:09:02 +0000

Group helps avert foreclosure

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Homeowners dealing with foreclosure can call hotline

Foreclosures Expert — Fri, 22 Jan 2010 22:09:02 +0000

Clark County homeowners facing foreclosure have a new fraud-prevention hotline to call if they have questions about the process. The hotline, established by the Washington Attorney General’s office is 877-894-HOME (4663).

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Retail, hotel area sold at foreclosure

Foreclosures Expert — Fri, 22 Jan 2010 14:09:02 +0000

Wingate by Wyndham Hotel and an adjacent private cemetery along with the grounds of what was to be the $25 million Cypress Centre Marketplace were sold at foreclosure Wednesday, the second such default on high-profile commercial property in Vicksburg in a week’s time.

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Money For Foreclosure Counselling Running Out

Foreclosures Expert — Fri, 22 Jan 2010 06:09:02 +0000

For each of the last 3 years, Ohio has seen about 80-thousand foreclosure filings - 4 times as many as in the 1990’s.

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Foreclosure Mixed Messages Within ‘Eye Of The Storm’

Foreclosures Expert — Fri, 22 Jan 2010 04:09:02 +0000

While the number of foreclosures dropped in 2009, foreclosure petitions rose compared to the year before. Boston-based real estate tracking firm The Warren Group predicts more trouble ahead in 2010 for the Massachusetts housing market.

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Maryland foreclosure rates continue to climb

Foreclosures Expert — Fri, 22 Jan 2010 02:09:04 +0000

Maryland’s property foreclosure rate continues to climb, jumping 13.4 percent in the final quarter of 2009 over the preceding quarter.

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Md. foreclosure rates continue to climb

Foreclosures Expert — Fri, 22 Jan 2010 02:09:03 +0000

ANNAPOLIS — Maryland’s property foreclosure rate continues to climb, jumping 13.4 percent in the final quarter of 2009 over the preceding quarter. There were 16,788 foreclosure filings — which include notices of default, foreclosure sales and lender purchases of foreclosed properties–between October and December 2009. The figure represents a 67.4 percent increase over the same period [ ]

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Foreclosure rates continue to climb in Maryland

Foreclosures Expert — Fri, 22 Jan 2010 02:09:03 +0000

There were 16,788 foreclosure filings - which include notices of default, foreclosure sales and lender purchases of foreclosed properties–between October and December 2009.
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Foreclosure set on Delmar Place project

Foreclosures Expert — Fri, 22 Jan 2010 02:09:03 +0000

A foreclosure sale is scheduled for next week on the 20 undeveloped lots at the barely half-completed Delmar Place Townhomes project on Delmar Boulevard in St. Louis.

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Foreclosure crisis continues in Fontana, but housing market appears to be slowly recovering

Foreclosures Expert — Fri, 22 Jan 2010 00:09:02 +0000

Fontana and the rest of the Inland Empire will continue to be plagued by the home foreclosure crisis in 2010 and beyond, according to a prominent area economist.

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Foreclosure petitions in Mass. rise

Foreclosures Expert — Thu, 21 Jan 2010 22:09:02 +0000

BOSTON - The number of foreclosures initiated in Massachusetts jumped 28.1 percent in 2009, but was 5.5 percent below the level in 2007, according to the latest report from The Warren Group, publisher of Banker and Tradesman, which tracks real estate and foreclosure data.

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Whistler Olympic ski venue faces foreclosure

Foreclosures Expert — Thu, 21 Jan 2010 20:09:01 +0000

Creditors holding $1.4 billion (U.S.) in debt on Intrawest ULC have begun foreclosure proceedings on some of the company’s assets, including the Whistler Blackcomb ski resort, and say they plan to auction them off on Feb. 19.

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Village at Squaw, Whistler owner Intrawest gets foreclosure note

Foreclosures Expert — Thu, 21 Jan 2010 16:09:03 +0000

A public notice of foreclosure has been posted by lenders of Intrawest ULC, whose properties include the Village at Squaw Valley and the Whistler ski resort, site of several Olympic events next month.

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Foreclosure a ‘friendly’ affair at Stone Eagle

Foreclosures Expert — Thu, 21 Jan 2010 16:09:03 +0000

Pacific Western Bank held a foreclosure sale for Stone Eagle Golf Club on Jan. 13, and the bank is the new owner of the club, for now.

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Foreclosure counseling gets push

Foreclosures Expert — Thu, 21 Jan 2010 16:09:03 +0000

Ted Fraser, a 40-year-old masonry worker from Loudonville, is convinced that only one thing kept him and his family in their home: foreclosure counseling.

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Alpine Bank seeks order to resume foreclosure

Foreclosures Expert — Thu, 21 Jan 2010 14:09:02 +0000

ASPEN - Alpine Bank is seeking a court order that would allow it to continue foreclosure proceedings against the development group that is planning to build a hotel at the base of Aspen Mountain. Alpine Bank this month filed motions in U.S. Bankruptcy Court in Denver seeking to dismiss Aspen Land Fund II LLC’s Chapter 11 bankruptcy case and asks for relief from the automatic stay, which prevents

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Race track no longer in foreclosure proceedings

Foreclosures Expert — Thu, 21 Jan 2010 14:09:02 +0000

By Keith Whitcomb Jr. New England Newspapers POWNAL, Vt. — Foreclosure proceedings against the owners of the former Green Mountain Race Track have been dropped, according to paperwork filed at the Bennington County Superior Court on Jan. 12. Chic Paustian, an officer of Green Mountain Energy Park LLC, formerly Progress Partners, said Monday that a former loan has been renegotiated and
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Foreclosure a ‘friendly’ affair at Stone Eagle

Foreclosures Expert — Thu, 21 Jan 2010 10:09:02 +0000

Pacific Western Bank held a foreclosure sale for Stone Eagle Golf Club on Jan. 13, and the bank is the new owner of the club, for now.

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Mayor to seek more federal foreclosure funds for Las Vegas

Foreclosures Expert — Thu, 21 Jan 2010 08:09:03 +0000

Denied federal foreclosure funds last week, Las Vegas Mayor Oscar Goodman plans to try another option for the city to get help this week while he is in Washington, D.C., the mayor’s office announced today.

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State A.G.s Predict Foreclosure Increase in 2010

Foreclosures Expert — Thu, 21 Jan 2010 08:09:03 +0000

Ohio Attorney General Richard Cordray says the federal home loan modification program is not meeting expectations in Ohio and many other states, and he expects America’s foreclosure problem to worsen in the coming year. Ideastream’s Bill Rice has more.

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Report: More foreclosure prevention

Foreclosures Expert — Thu, 21 Jan 2010 06:09:02 +0000

As the nation’s foreclosure crisis escalates, fewer resources are being set aside for prevention programs and loan modifications are doing little to thwart future defaults, according to a report out Wednesday.

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Advocates seek more money for anti-foreclosure counseling

Foreclosures Expert — Thu, 21 Jan 2010 04:09:02 +0000

Dozens of housing advocates and foreclosure victims arrived at the Statehouse today seeking more money to counsel those in danger of losing their homes.

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Foreclosure program brings homeowners and lenders together

Foreclosures Expert — Thu, 21 Jan 2010 04:09:02 +0000

SPRINGVALE, Maine (NEWS CENTER) — People faced with foreclosure have help working through the process thanks to a new state program.
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Report: Foreclosure rates will worsen

Foreclosures Expert — Thu, 21 Jan 2010 04:09:02 +0000

Foreclosure numbers will get worse before they get better, according to findings released Jan. 20, 2010 by Ohio Attorney General Richard Cordray and the State Foreclosure Prevention Working Group, made up of 10 other state attorneys general.

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Signs that foreclosure epidemic may be slowing in Kane Co.

Foreclosures Expert — Thu, 21 Jan 2010 02:09:04 +0000

The year 2009 saw the American dream become a financial horror in record numbers in Kane County. A total of 4,662 new home foreclosure cases were filed, more than any other time in the history of the county. But there could be some signs that a rebound is on its way.

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Gorse Mills Studios in Needham fighting off foreclosure

Foreclosures Expert — Thu, 21 Jan 2010 00:09:02 +0000

Steven Branfman, who redeveloped the 115-year-old Thorpe Street Mill into artist studios, is looking to avoid being shut out of his own project as he battles to stave off a foreclosure on the property. Branfman explained the property is at risk of foreclosure on the project, dubbed Gorse Mills Studios, because he has not be able to sell enough studios in the building to pay back the bank loan.

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US State Regulators Warn On Foreclosure Prevention Shortfalls

Foreclosures Expert — Thu, 21 Jan 2010 00:09:02 +0000

US State Regulators Warn On Foreclosure Prevention Shortfalls

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N.J. sees 29 percent, year-end jump in residential foreclosure filings

Foreclosures Expert — Thu, 21 Jan 2010 00:09:02 +0000

JENNIFER BROWN/THE STAR-LEDGERA vacant, foreclosed property on Carolina Ave in Newark. As the real estate market struggles to gain its footing back, the state’s number of residential foreclosure fillings jumped 29 percent at year’s end from 2008, according to data

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Program 3648, A Foreclosure Avoidance Program, Partners with Casey Margenau: Five-Time #1 Re/Max Agent Worldwide

Foreclosures Expert — Wed, 20 Jan 2010 16:09:07 +0000

Margenau and Program 3648 have joined forces, in hopes of leveraging Program 3648’s proven short sale systems with Margenau’s vast experience and expertise, in an effort to help more homeowners avoid foreclosure.

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Foreclosure aid sought from banks

Foreclosures Expert — Wed, 20 Jan 2010 12:09:02 +0000

Chanting “You broke it! You fix it!,” about 75 members of a coalition of community groups gathered across the street from the downtown Wells Fargo bank to ask Wells Fargo and two other large banks to put up a total of $75 million to help deal with the foreclosure crisis.

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Nevada court releases figures on foreclosure aid

Foreclosures Expert — Wed, 20 Jan 2010 12:09:02 +0000

LAS VEGAS (AP) - Figures show that a little more than 10 percent of Nevada homeowners facing default on their mortgages have taken advantage of the state’s foreclosure mediation program. The Nevada Supreme Court released figures showing that in the first six months the program, almost 3,900 homeowners who received default notices from lenders sought mediation. Court spokesman Bill Gang said in a

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Alma property in foreclosure isn’t Kmart

Foreclosures Expert — Wed, 20 Jan 2010 12:09:02 +0000

A relatively new building on Wright Avenue in Alma, owned by JNK Alma Real Estate, a group out of Farmington, appears headed for foreclosure.

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Fishers man gets 6 months house arrest in foreclosure schemes

Foreclosures Expert — Wed, 20 Jan 2010 06:09:03 +0000

A Fishers man was sentenced to six months of house arrest and three years probation today for his role in a series of foreclosure schemes.

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Nev. court: Homeowners use foreclosure aid program

Foreclosures Expert — Wed, 20 Jan 2010 02:09:02 +0000

Figures show that a little more than 10 percent of Nevada homeowners facing default on their mortgages have taken advantage of the state’s foreclosure mediation program.

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Nevada Supreme Court Releases Figures on Foreclosure Aid

Foreclosures Expert — Wed, 20 Jan 2010 02:09:02 +0000

About 10% of Nevada homeowners facing foreclosure have taken advantage of the state’s mediation program.

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Online foreclosure auctions start Jan. 21 in Palm Beach County

Foreclosures Expert — Wed, 20 Jan 2010 00:09:01 +0000

Broward County moves to the online sales in March, and Miami-Dade started earlier this month. The counties say they’ll save time and money as they face budget cuts and a ton of mortgage defaults.

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Miami Foreclosure Home Worth Investment

Foreclosures Expert — Tue, 19 Jan 2010 20:09:02 +0000

If you are searching for the most affordable property that you can invest, you can try those Miami foreclosure homes that are available out in the market. There are lots of people who prefer to invest this kind of property because they gain a big savings having this kind of investment.

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Race track foreclosure has officially ended

Foreclosures Expert — Tue, 19 Jan 2010 18:09:07 +0000

POWNAL — Foreclosure proceedings against the owners of the former Green Mountain Race Track have been dropped, according to paperwork filed at the Bennington County Superior Court Jan. 12. The track, which the owners hope will become known as the Green Mountain Energy Park, was bought in 2004 by Progress Partners from J.
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Few take part in foreclosure mediation

Foreclosures Expert — Tue, 19 Jan 2010 16:09:04 +0000

Since July, foreclosure has claimed 38,277 Nevada homes, but slightly more than 10 percent of the owners have taken advantage of the state’s innovative Foreclosure Mediation Program, according to the latest statistics provided by Bill Gang, public information officer for the Nevada Supreme Court.

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Foreclosure to be tried and tested

Foreclosures Expert — Tue, 19 Jan 2010 12:09:01 +0000

19 January 2010 Mehdi Guliyev, an Azerbaijani businessman in Dubai, was expecting to begin renting out two floors of office space in the Mazaya Business Avenue building in Jumeirah Lake Towers by March.

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Foreclosure auctions at Palm Beach County Courthouse end Tuesday

Foreclosures Expert — Tue, 19 Jan 2010 08:09:02 +0000

Foreclosure auctions at Palm Beach County Courthouse end Tuesday

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Major Prince George’s multi-use project still in foreclosure

Foreclosures Expert — Tue, 19 Jan 2010 06:09:03 +0000

Months after the Prince George’s County Council approved the site plan for a major multi-use project in Upper Marlboro that promised more than 4,300 residential units, 600 hotel rooms and more than 5.4 million square feet of commercial space, the project still faces foreclosure.

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30,000 S. Floridians lost their homes to foreclosure last year

Foreclosures Expert — Tue, 19 Jan 2010 00:09:02 +0000

Counting the “for sale” signs on your block, but needing help seeing the bird’s eye view of the state’s mortgage meltdown? PAUL OWERS covers the housing market for the Sun-Sentinel. He is a West Palm Beach native who graduated

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More than 30,000 South Floridians lost their homes to foreclosure last year

Foreclosures Expert — Tue, 19 Jan 2010 00:09:02 +0000

Banks seized more than 30,000 homes in South Florida through foreclosure last year, a 16 percent increase from 2008, according to a new report from CondoVultures.com.

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Warm Temps Put Foreclosure Art on Hold

Foreclosures Expert — Mon, 18 Jan 2010 22:09:01 +0000

Artists want to encase abandoned Detroit home in ice to draw attention to foreclosures.

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AmStar CLE Prepares Florida Lawyers for Growing Demands in Foreclosure Defense

Foreclosures Expert — Mon, 18 Jan 2010 22:09:01 +0000

One in 17 homes fell into foreclosure in Florida in 2009, giving the Sunshine State the dubious distinction of having the second-highest number of foreclosure filings in the country, according to market researcher RealtyTrac.

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More homes face foreclosure

Foreclosures Expert — Mon, 18 Jan 2010 16:09:02 +0000

More than a dozen homes in Portage County could face tax foreclosure this year because of unpaid back taxes.

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Foreclosure rates in Danville, Pittsylvania County better than Va., U.S.

Foreclosures Expert — Mon, 18 Jan 2010 10:09:01 +0000

Rates of foreclosure filings in Danville and Pittsylvania County fare better than state and the nation.

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Foreclosure picture bleak

Foreclosures Expert — Mon, 18 Jan 2010 04:09:04 +0000

A record 3 million U.S. homes will be repossessed by lenders this year as high unemployment and depressed home values leave borrowers unable to make their house payment or sell, according to a RealtyTrac Inc. forecast.

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She saves 4-legged foreclosure victims

Foreclosures Expert — Mon, 18 Jan 2010 00:09:03 +0000

From cats and dogs to llamas — this organization has rescued them all.
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S.J. fails to win more foreclosure aid funds

Foreclosures Expert — Sun, 17 Jan 2010 14:09:13 +0000

STOCKTON - No local agencies were among nine in the state set to share $318 million in federal stimulus money to revitalize neighborhoods devastated by the foreclosure crisis.

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U.S. foreclosure assistance increasing, but slowly

Foreclosures Expert — Sun, 17 Jan 2010 14:09:13 +0000

The Obama administration’s foreclosure prevention program reached about 850,000 homeowners through December, including more than 50,000 in the Washington region, according to Treasury Department data released Friday, but the effort continues to struggle to make a significant impact.

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Foreclosure aid is comforting for crowd

Foreclosures Expert — Sun, 17 Jan 2010 14:09:09 +0000

Stephanie Riggi stood in front of the small classroom on Saturday at First Baptist Church, her voice slowly moving higher as she preached about truth and honesty - the two virtues most important when facing a foreclosure, she said. “It feels like I’m having a ‘Come to Jesus talk,’ ” said Riggi to a small wave of laughter on an otherwise depressing subject. The prospect of a new year has failed

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Foreclosure fair offers a “Come to Jesus talk” for some

Foreclosures Expert — Sun, 17 Jan 2010 06:09:02 +0000

Stephanie Riggi stood in front of the small classroom on Saturday at First Baptist Church, her voice slowly etching higher and higher as she preached about truth and honesty - the two virtues most important when facing a foreclosure, she said. “It feels like I’m having a ‘Come to Jesus talk,’ ” said Riggi to a small wave of laughter on the otherwise depressing subject. The prospect of a new year

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Gaston economics: More foreclosure filings in ’09, but fewer homes lost

Foreclosures Expert — Sun, 17 Jan 2010 00:09:03 +0000

Gaston County residents on the brink of foreclosure increased 5 percent in 2009, but the number of homes actually lost in foreclosure last year decreased 15.6 percent compared to the year before, according to court records and Gaston Real Data .

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Fort Smith Foreclosure Rates Creep Up

Foreclosures Expert — Sat, 16 Jan 2010 22:09:02 +0000

Times Record Staff The mortgage foreclosure rate for the Fort Smith area rose to 1.42 percent in November, an increase of 0.59 percentage points from 0.83 percent in November 2008.

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Investors seeking foreclosure bargains often come up empty

Foreclosures Expert — Sat, 16 Jan 2010 16:09:02 +0000

SANTA CRUZ — Five potential investors waited an hour Friday on the steps of the county government building to see if a Soquel house in foreclosure would be sold.
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Foreclosure fix falling short

Foreclosures Expert — Sat, 16 Jan 2010 14:09:05 +0000

President Barack Obama’s plan to fix the foreclosure crisis has been a dud, putting the housing market recovery at risk.

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Foreclosure clinic

Foreclosures Expert — Sat, 16 Jan 2010 12:09:03 +0000

First Federal of Charleston and Family Services Inc. are offering free foreclosure clinics for people in danger of losing their homes. The next sessions will be held Jan. 23 at 9 a.m., 11 a.m. and 1 p.m. at the First Federal Corporate Center, 2440 Mall Drive in North Charleston.

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Business Digest: Foreclosure filings rose 21 percent in 2009

Foreclosures Expert — Sat, 16 Jan 2010 12:09:03 +0000

Obama Foreclosure Plan Falling Far Short Of Targets

Foreclosures Expert — Sat, 16 Jan 2010 12:09:03 +0000

What’s Your Reaction? The Obama administration disclosed on Friday that it has made little progress in helping struggling homeowners attain long-term relief under its signature foreclosure-prevention effort, reaching only 18 percent of the target announced just six weeks ago.

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Valley people getting fired up over federal foreclosure fall-out

Foreclosures Expert — Sat, 16 Jan 2010 10:09:01 +0000

Logic dictates that since Southern Nevada has one of the highest foreclosure rates in the nation, we’d be a lock for millions of dollars in federal stimulus money to ease the crisis, but that’s not the case.

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Different Purpose For Investing A Miami Foreclosure Homes

Foreclosures Expert — Sat, 16 Jan 2010 04:09:02 +0000

If you are a bargain hunter Miami foreclosure home will be the best property to invest. Most of these foreclosed homes are available at a discounted price.

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Buddy Johnson loses Plant City property as foreclosure, fraud suit loom

Foreclosures Expert — Sat, 16 Jan 2010 04:09:02 +0000

TAMPA Former Hillsborough Supervisor of Elections Buddy Johnson, facing foreclosure and a fraud law suit, has abandoned any claim to 20 acres of land he bought three years ago for $800,000, and still faces the prospect of having to defend his actions in court.

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Bank starts foreclosure on Santa Rosa theater property

Foreclosures Expert — Sat, 16 Jan 2010 02:09:02 +0000

BY ROBERT DIGITALE THE PRESS DEMOCRAT Luther Burbank Savings has initiated foreclosure proceedings to take back the property that houses 3rd Street Cinemas, a site slated two years ago for a 14-story condominium project.

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Nevada led nation in ‘09 foreclosure rate

Foreclosures Expert — Sat, 16 Jan 2010 02:09:02 +0000

With more than one in 10 homes in Nevada receiving a foreclosure notice in 2009, the Silver State once again had the nation’s highest foreclosure rate for the third consecutive year, according to a real estate tracking firm. California-based RealtyTrac reported Wednesday that Nevada’s December foreclosure activity increased 27 percent from the previous month, but was down 22 percent from

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Huron County the state’s foreclosure leader in 2009

Foreclosures Expert — Fri, 15 Jan 2010 22:09:02 +0000

Huron County has earned another dubious title. This county ranked No. 1 among Ohio’s 88 in terms foreclosure filings in 2009, statistics reveal.

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Phoenix CityNorth businesses respond to foreclosure

Foreclosures Expert — Fri, 15 Jan 2010 22:09:02 +0000

CityNorth may be facing Arizona’s largest foreclosure, but the businesses and restaurants in the northeast Phoenix development want residents to know that they are still open and have no plans to end their operations.

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Couple found dead hours before foreclosure auction

Foreclosures Expert — Fri, 15 Jan 2010 22:09:02 +0000

SPENCER - Police believe a man facing a foreclosure auction yesterday took his own life after shooting his sick wife, shooting their horse, setting fire to the home they shared and torching his pickup truck.

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Arkansas golf course facing foreclosure petition

Foreclosures Expert — Fri, 15 Jan 2010 20:09:02 +0000

YELLVILLE, Ark.—Arvest Bank of North Central Arkansas has filed a petition for foreclosure on the golf course at Bull Shoals. The bank filed a lawsuit Jan. 6 in Marion County Circuit Court against Rivercliff Golf LLC; Rivercliff manager Jerry Ott and FIA Card Services National Association.

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NewsWatch: Foreclosure rate up 6.3 percent last month

Foreclosures Expert — Fri, 15 Jan 2010 16:09:02 +0000

Maryland’s home foreclosure rate continued to climb last month and last year, according to new data from RealtyTrac of Irvine, Calif.

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Pa., N.J. outdo U.S. foreclosure-action rate

Foreclosures Expert — Fri, 15 Jan 2010 14:09:03 +0000

While almost three million U.S. properties saw some kind of foreclosure threat last year, Pennsylvania and New Jersey continued to sit below the national average.

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DATABASE: Foreclosure filings up in Lower Hudson Valley

Foreclosures Expert — Fri, 15 Jan 2010 14:09:03 +0000

The number of initial foreclosure filings rose to an all-time high of 3,113 in Westchester last year. In Rockland, the number of initial filings increased to 1,940 while Putnam reported 542 filings, an increase from 336 in 2008.

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Home foreclosure filings for February ease in Dallas-Fort Worth

Foreclosures Expert — Fri, 15 Jan 2010 10:09:02 +0000

Home foreclosure filings have eased slightly in the Dallas-Fort Worth area. Lenders posted 4,695 homes for forced sale next month - 4 percent less than a year ago.

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Local groups get $162.5 million in foreclosure aid

Foreclosures Expert — Fri, 15 Jan 2010 08:09:03 +0000

Palm Beach County and the Lake Worth Community Redevelopment Agency were among three South Florida entities awarded $162.5 million by the federal government Thursday to help communities hurt by foreclosure.

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Holiday foreclosure dip bigger this time

Foreclosures Expert — Fri, 15 Jan 2010 06:09:03 +0000

Foreclosure activity dropped in December vs. November in Orange County, as one might expect during the holidays, but things were also slower vs. December 2008.

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Dallas-Fort Worth home foreclosure filings ease slightly over last year

Foreclosures Expert — Fri, 15 Jan 2010 04:09:02 +0000

Home foreclosure filings have eased slightly in the Dallas-Fort Worth area.

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White House to Step Up Foreclosure Aid

Foreclosures Expert — Fri, 15 Jan 2010 00:09:02 +0000

The White House is expected to announce plans for more aid to people facing foreclosure.

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Ohio getting $175M in foreclosure relief

Foreclosures Expert — Fri, 15 Jan 2010 00:09:02 +0000

COLUMBUS, Ohio (AP) — Officials have announced $175 million in new federal stimulus money to help Ohio communities devastated by foreclosure and littered with abandoned properties.

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RealtyTrac Report Shows Record Number Of Foreclosure Filings In 2009

Foreclosures Expert — Fri, 15 Jan 2010 00:09:02 +0000

(RTTNews) - RealtyTrac released its Year-End 2009 Foreclosure Market Report Thursday, showing that a record 2.8 million U.S. properties with foreclosure filings in 2009.

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Almost 3M properties see foreclosure action in ’09

Foreclosures Expert — Thu, 14 Jan 2010 22:09:02 +0000

Almost three million U.S. properties were involved in some form of foreclosure action in 2009, RealtyTrac of Irvine, Calif., reported today.

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Site of Byron Nelson tournament faces foreclosure

Foreclosures Expert — Thu, 14 Jan 2010 20:09:02 +0000

Thursday, January 14, 2010 at 5:09 a.m. IRVING, Texas — A 400-acre Dallas-area luxury resort that hosts the annual Byron Nelson Championship golf tournament has been posted for foreclosure.

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Ohio Has 12th Highest Rate Foreclosure Rate

Foreclosures Expert — Thu, 14 Jan 2010 20:09:02 +0000

A record 2.8 million households were threatened with foreclosure last year, and a new report also shows Ohio had the nation’s 12th highest foreclosure rate for 2009.

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In foreclosure filings, Utah is 5th-highest

Foreclosures Expert — Thu, 14 Jan 2010 20:09:02 +0000

Record year for foreclosures as unemployment rises; 2.8M households threatened with foreclosure

Foreclosures Expert — Thu, 14 Jan 2010 20:09:02 +0000

A record 2.8 million households were threatened with foreclosure last year and that number is expected to rise this year as more unemployed and cash-strapped homeowners fall behind on their mortgages.

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St. Louis foreclosure rate dips

Foreclosures Expert — Thu, 14 Jan 2010 18:09:02 +0000

The number of houses facing foreclosure in St. Louis grew more slowly than in the nation as a whole last year, according to new figures released this morning. But it still hit record highs.

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Huron, Lucas among foreclosure leaders

Foreclosures Expert — Thu, 14 Jan 2010 18:09:02 +0000

By LARRY P. VELLEQUETTE BLADE BUSINESS WRITER Huron County has the highest rate of foreclosure filings in Ohio in 2009, and Lucas County had the fourth highest, according to a new report. The rate of foreclosure filings in Ohio dropped by 10.5 percent in 2009 and climbed in Michigan by 11.5 percent, according to RealtyTrac Inc., a California industry tracking firm. Its report, released Thursday

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Record 3 million households hit with foreclosure in 2009

Foreclosures Expert — Thu, 14 Jan 2010 16:09:09 +0000

Almost 3 million homeowners received at least one foreclosure filing during 2009, setting a new record for the number of people falling behind on their mortgage payments.

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County foreclosure rate less than 1%

Foreclosures Expert — Thu, 14 Jan 2010 16:09:07 +0000

While the housing market saw an increase in foreclosures nationwide last year, Alabama and Madison County saw a foreclosure rate of less than 1 percent in 2009, according to RealtyTrac.

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‘09 set record for foreclosure-related notices

Foreclosures Expert — Thu, 14 Jan 2010 16:09:02 +0000

A record 2.8 million households were affected by foreclosure last year, and that number is expected to rise this year as more unemployed and cash-strapped homeowners fall behind on their mortgages.

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Foreclosure looms for 3 local hotels

Foreclosures Expert — Thu, 14 Jan 2010 14:09:04 +0000

Three San Diego hotels are headed for foreclosure after a decision by their Orange County owner to stop making payments on debt that exceeds the rapidly declining value of some of its properties.

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N.J. foreclosure filings level off

Foreclosures Expert — Thu, 14 Jan 2010 12:09:02 +0000

The number of foreclosure filings sent to New Jerseyans leveled off at the end of last year, according to RealtyTrac. Lenders sent foreclosure filings to 63,208 commercial and residential properties in New Jersey, about 1 percent more than in 2008,

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2009 foreclosure rate bad, but wait until next year

Foreclosures Expert — Thu, 14 Jan 2010 12:09:02 +0000

The foreclosure rate for 2009 kept Illinois in the top 10 of states with a 30 percent increase over 2008 and a whopping 104 percent increase over 2007, according to data expected to be released today by Irvine, Calif.,-based RealtyTrac.

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Foreclosure notices in U.S. rise 21% in 2009 to record; up 60% in King County

Foreclosures Expert — Thu, 14 Jan 2010 12:09:02 +0000

Foreclosure proceedings in King County increased 60 percent in 2009, but the Seattle area still has not been hit as hard by the crisis as the nation as a whole.

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Area foreclosure activity outpaces U.S., but rate is below national average

Foreclosures Expert — Thu, 14 Jan 2010 12:09:02 +0000

Foreclosure activity in the Richmond area continues to rise at a faster pace than the nation, but the rate is still below the national average, according to a report released this morning by RealtyTrac. The area’s foreclosures rose 39 percent in 2009 from the previous year, according to the online foreclosure resource company. Nationally, it rose 21 percent from 2008.

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Foreclosure-related filings up for 2009

Foreclosures Expert — Thu, 14 Jan 2010 12:09:01 +0000

A rising number of Minnesota’s homeowners received foreclosure-related filings in 2009. One in every 73 homeowners, or 31,697 Minnesotans, received a default notice, had a foreclosure auction schedule

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A record 2.8 million home receive foreclosure notice in 2009; December rate spikes

Foreclosures Expert — Thu, 14 Jan 2010 12:09:01 +0000

MIAMI - A record 2.8 million households were threatened with foreclosure last year, and that number is expected to rise this year as more unemployed and cash-strapped homeowners fall behind on their

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Byron Nelson tourney home Four Seasons at Las Colinas facing foreclosure

Foreclosures Expert — Thu, 14 Jan 2010 10:09:02 +0000

One of the Dallas area’s most exclusive hotel properties is facing a possible foreclosure.

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2010 may see record foreclosure filings

Foreclosures Expert — Thu, 14 Jan 2010 10:09:02 +0000

MIAMI - A record 2.8 million households were threatened with foreclosure last year, and that number is expected to rise this year as more unemployed and cash-strapped homeowners fall behind on their mortgages.

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Foreclosure filings increase in December after months of declines

Foreclosures Expert — Thu, 14 Jan 2010 08:09:02 +0000

Foreclosure filings increased 14% in December from November, the first monthly increase since foreclosure activity peaked in July.

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State and national foreclosure filings continue to rise

Foreclosures Expert — Thu, 14 Jan 2010 08:09:02 +0000

Even as the economy and real estate market show signs of stabilizing, foreclosure filings continued to grow in California and nationwide last year.

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Top 10 Tips to Help Avoid Foreclosure and Loan Modification Scams in 2010

Foreclosures Expert — Thu, 14 Jan 2010 06:09:21 +0000

New public education campaign helps homeowners find legitimate home foreclosure assistance and avoid loan modification scams

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No buying done at Times Square property foreclosure auction

Foreclosures Expert — Thu, 14 Jan 2010 00:09:03 +0000

As expected, not much appeared to go on at the Lee County Justice Center regarding the foreclosure auction on the Times Square properties today.

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Four Seasons Resort is posted for foreclosure

Foreclosures Expert — Thu, 14 Jan 2010 00:09:03 +0000

Four Seasons Resort is posted for foreclosure

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Is your home in foreclosure?

Foreclosures Expert — Thu, 14 Jan 2010 00:09:03 +0000

Are you in foreclosure? What are your circumstances? Did you lose your job? Fall behind on payments?

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Lenox moving toward adopting foreclosure ordinance

Foreclosures Expert — Wed, 13 Jan 2010 22:09:02 +0000

Despite pronouncements by some that the economy is showing signs of improvement, the housing market is still floundering and the foreclosure crisis that so many communities have endured has not slowed.

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Mediation is a win-win in foreclosure cases

Foreclosures Expert — Wed, 13 Jan 2010 22:09:02 +0000

On Dec. 28, Peggy A. Quince, chief justice of the Florida Supreme Court, issued an administrative order dealing with foreclosure cases. According to the order, “(f)oreclosure case filings in Florida trial courts stood at nearly 369,000, in December 2008. Florida has the third highest mortgage delinquency rate, the worst foreclosure inventory, and the most foreclosure starts in the nation. At

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UAE banks in no rush to use foreclosure law

Foreclosures Expert — Wed, 13 Jan 2010 22:09:01 +0000

Banks to use foreclosure option as a last resort to avoid incurring losses.

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Facing foreclosure? You have options

Foreclosures Expert — Wed, 13 Jan 2010 20:09:01 +0000

Pocono Wednesday: Taxes, flames, foreclosure and township lawsuit

Foreclosures Expert — Wed, 13 Jan 2010 20:09:01 +0000

Monroe County home foreclosure filings are through the roof. We have a new record with 1,908 and believe us, that’s nothing to brag about.

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Vasquez: Seeking solutions to condo foreclosure crisis

Foreclosures Expert — Wed, 13 Jan 2010 18:09:02 +0000

How would you answer the million-dollar condo question: What can be done to keep community associations financially afloat in face of widespread foreclosure and owner delinquencies?

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Foreclosure forum to assist those with mortgage problems

Foreclosures Expert — Wed, 13 Jan 2010 14:09:02 +0000

The Weld Foreclosure Coalition will host a Housing Assistance Fair and Forum on Saturday that will offer financial information for those facing foreclosure or other difficulties because of the economy. Foreclosures in Weld County continue to remain high with a total of 3,354 from January 2009, through Dec. 31, 2009, a 16 percent increase over 2008. As a result, the coalition has scheduled

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Mortgage foreclosure meeting scheduled

Foreclosures Expert — Wed, 13 Jan 2010 14:09:02 +0000

Homeowners facing mortgage foreclosure or serious credit issues can attend a free forum Thursday at Burlington County College here.

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Foreclosure filed against Elks lodge

Foreclosures Expert — Wed, 13 Jan 2010 12:09:02 +0000

MASON CITY — The North Iowa Community Credit Union has filed a foreclosure suit against the Mason City Elks Lodge and several other parties for defaulting on a promissory note to the credit union.

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UAE- Barclays foreclosure order to help boost lender confidence

Foreclosures Expert — Wed, 13 Jan 2010 12:09:02 +0000

UAE- Barclays foreclosure order to help boost lender confidence

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Golf Club at Vistoso in foreclosure

Foreclosures Expert — Wed, 13 Jan 2010 12:09:02 +0000

A popular Oro Valley golf course has fallen into foreclosure. Operations at the Golf Club at Vistoso, 955 W. Vistoso Highlands Drive off Rancho Vistoso Boulevard, have been handed over to a court-appointed receiver — California-based Touchstone Golf, L.L.C.

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Foreclosure ruling positive for banks

Foreclosures Expert — Wed, 13 Jan 2010 12:09:02 +0000

Abu Dhabi A rare court ruling allowing property foreclosure by a UAE lender should strengthen banks’ positions, but the market is unlikely to see a rush for repossession, bankers and property market analysts said yesterday.

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Seeking solutions to condo foreclosure crisis

Foreclosures Expert — Wed, 13 Jan 2010 06:09:02 +0000

Some say associations need more authority against delinquents How would you answer the million-dollar condo question: What can be done to keep community associations financially afloat in face of widespread foreclosure and owner delinquencies?

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Weld County foreclosure fair scheduled Saturday

Foreclosures Expert — Wed, 13 Jan 2010 06:09:02 +0000

Staff Reports The Weld Foreclosure Coalition will host a Housing Assistance Fair and Forum Saturday which will offer financial information for those facing foreclosure or other difficulties due to the economy. Foreclosures in Weld County continue to remain high with a total of 3,354 from January 2009 through Dec. 31, 2009, a a 16 percent increase over 2008. As a result, the coalition has

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Credit union files foreclosure suit against Elks

Foreclosures Expert — Wed, 13 Jan 2010 04:09:02 +0000

MASON CITY — The North Iowa Community Credit Union has filed a foreclosure suit against the Mason City Elks Lodge and several other parties for defaulting on a promissory note to the credit union.

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Business : Foreclosure Order to Help ‘Boost’ Lender Confidence

Foreclosures Expert — Wed, 13 Jan 2010 02:09:01 +0000

DUBAI - Lawyers and property professionals in the UAE welcomed the foreclosure order won by Barclays Bank as an important milestone for the maturing property business and said a ruling would help boost the confidence of lenders by ensuring their rights.

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Foreclosure filings up in Brevard in December

Foreclosures Expert — Wed, 13 Jan 2010 02:09:01 +0000

New foreclosure filings in Brevard County jumped sharply in December, pushing filings for the year to a new record.

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NH launches foreclosure mediation program

Foreclosures Expert — Wed, 13 Jan 2010 00:09:02 +0000

New Hampshire homeowners at risk of losing their property to foreclosure can now seek help from a new mediation program set up by the state’s judicial branch.

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Realtor earns short sales and foreclosure certification

Foreclosures Expert — Tue, 12 Jan 2010 22:09:06 +0000

Charlie Neal has earned the nationally recognized Short Sales and Foreclosure Resource certification, to go with his GRI & ePro certifications. He is with Anchor Real Estate, is the 2009 President of Marco Island Area Association of Realtors, 2006 Realtor of the Year, and 2003 Rookie of the Year.

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Foreclosure Experts at USHUD.com Caution Consumers of New Pitfalls

Foreclosures Expert — Tue, 12 Jan 2010 22:09:06 +0000

ANNAPOLIS, Md., Jan. 12 /PRNewswire-USNewswire/ — In a move to combat a historical foreclosure crisis, Congress passed legislation the last week of 2009 increasing federal support to Fannie Mae and Freddie Mac, the two largest players in the American mortgage industry.
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Mokena moves to combat foreclosure blight

Foreclosures Expert — Tue, 12 Jan 2010 18:09:01 +0000

To keep tabs on abandoned houses and businesses in town, Mokena is now requiring the owners of vacant properties to register with the village. Village trustees approved the registry Monday night as part of a broader monitoring program for vacant structures. The program is aimed at keeping property value high as more residents lose their homes to foreclosure, officials said. “We’re trying to be

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Barclays wins first foreclosure order in Dubai

Foreclosures Expert — Tue, 12 Jan 2010 14:09:02 +0000

Barclays wins first foreclosure order in Dubai

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Saga shows limitations of Phila. foreclosure program

Foreclosures Expert — Tue, 12 Jan 2010 14:09:02 +0000

Many a financially strapped homeowner has a story to tell about missed mortgage payments, delinquency notices, and threats of foreclosure.

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Dubai’s first foreclosure may open the floodgates

Foreclosures Expert — Tue, 12 Jan 2010 10:09:04 +0000

The housing rout in Dubai sent prices down 52 percent in the past year, prompting some homeowners to abandon their cars and mortgage payments and flee the country. Not one received a foreclosure notice. Until now. Barclays Plc won the sheikdom’s first foreclosure cases in court, clearing the way for lenders holding about $16 billion of Dubai home loans to take action when borrowers don’t pay

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Foreclosure decision to boost lenders’ confidence

Foreclosures Expert — Tue, 12 Jan 2010 10:09:04 +0000

The first foreclosure decision by Dubai Courts in favour of Barclays will increase confidence among lenders but may lead to an increase in such cases being filed, say analysts.

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Four indicted in foreclosure case

Foreclosures Expert — Tue, 12 Jan 2010 06:09:02 +0000

A foursome involving a convicted felon and pair of real estate brokers has been indicted and charged in connection with running an investment scam that preyed on San Diego Filipinos.

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Free seminar of foreclosure prevention set for Saturday

Foreclosures Expert — Tue, 12 Jan 2010 04:09:02 +0000

The nonprofit Hawaii HomeOwnership Center and local real estate brokerage firm Coldwell Banker Pacific Properties will hold a free seminar on foreclosure prevention Saturday.

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Workshop To Help Homeowners Avoid Foreclosure

Foreclosures Expert — Tue, 12 Jan 2010 02:09:03 +0000

One bank is working to prevent Baltimore-area homeowners from going into foreclosure.

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State agency receives grant for foreclosure counseling

Foreclosures Expert — Tue, 12 Jan 2010 02:09:03 +0000

Tennessee Housing Development Agency received a third grant to support foreclosure prevention counseling efforts.

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Business : Barclays Wins First Foreclosure Order Since Start of Dubai Freehold Market

Foreclosures Expert — Tue, 12 Jan 2010 02:09:03 +0000

DUBAI — Barclays Bank said on Monday that it had won a Dubai court order for foreclosing a mortgage loan and described the landmark verdict as a sign that “the UAE property market is evolving in line with other mature markets.”

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Dane County foreclosure filings up for 33rd month

Foreclosures Expert — Tue, 12 Jan 2010 00:09:02 +0000

Foreclosures filed in Dane County in December were up nearly 14 percent, with 117 new filings compared to 103 a year ago. December also was the 33rd straight month in which foreclosures increased.

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Tempe Centerpoint towers in foreclosure

Foreclosures Expert — Tue, 12 Jan 2010 00:09:02 +0000

Centerpoint high-rise condominium towers have fallen into foreclosure.

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Problems in Stockton reflective of national foreclosure crisis

Foreclosures Expert — Mon, 11 Jan 2010 20:09:02 +0000

STOCKTON — Stockton hardly looks like the most miserable city in the country.But the statistics a
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Barclays wins foreclosure orders on Dubai homes

Foreclosures Expert — Mon, 11 Jan 2010 16:09:02 +0000

Barclays has won the first foreclosure orders in Dubai, clearing the way for lenders of home loans in the emirate to take action when borrowers don’t pay, Bloomberg has reported.

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Tempe towers in foreclosure

Foreclosures Expert — Mon, 11 Jan 2010 08:09:01 +0000

The Centerpoint condo towers that were supposed to seal downtown Tempe’s commercial fortune, but instead became a dilapidated shrine to the Valley’s real-estate demise, have ultimately fallen into foreclosure.

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Dubai’s First Foreclosure May Open Floodgates in Worst Market

Foreclosures Expert — Mon, 11 Jan 2010 02:09:02 +0000

Dubai’s housing rout sent prices down 52 percent in the past year, prompting some homeowners to abandon their cars and mortgage payments and flee the country. Not one received a foreclosure notice.

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Judith Haney Certified Real Estate Appraiser Teaches Alabama Homeowners About Mortgage Foreclosure Rescue Scams and …

Foreclosures Expert — Mon, 11 Jan 2010 00:09:03 +0000

Mortgage foreclosure rescue fraud is on the rise, says Judith Haney, a 26-year veteran real estate appraiser.

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Local Non-Profit Agency Opens New Office in Yorkville Area, Demand Remains High for Foreclosure-Prevention and …

Foreclosures Expert — Mon, 11 Jan 2010 00:09:03 +0000

Federally funded credit-counseling programs help consumers avoid foreclosure and stay in homes. [PR.com]

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Go through foreclosure or walk away?

Foreclosures Expert — Sun, 10 Jan 2010 18:09:01 +0000

Dear Real Estate Adviser, What is the difference between going through a foreclosure and simply walking away and mailing the keys to the bank? — Charko
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Help available for those in danger of foreclosure

Foreclosures Expert — Sun, 10 Jan 2010 14:09:01 +0000

A mortgage should take precedence over all other debt. That’s the advice of area financial experts who say prioritizing debt and identifying frivolous spending can help those facing foreclosure or trying to prevent it.

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Letters: Foreclosure Bargains

Foreclosures Expert — Sun, 10 Jan 2010 08:09:02 +0000

A reader responds to an article about a tour of foreclosed homes in Florida.

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Foreclosure auction set for Hanover Mall Feb. 4

Foreclosures Expert — Sun, 10 Jan 2010 02:09:03 +0000

The Hanover Mall will be put up for sale at a foreclosure auction next month. Paul E. Saperstein Auctioneers & Appraisers of Holbrook will conduct the auction at 11 a.m. Thursday, Feb. 4, at the mall on Route 53. Bidders will be required to submit a $1 million deposit.

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Western Sizzlin’ faces foreclosure

Foreclosures Expert — Sat, 09 Jan 2010 22:09:02 +0000

Another local restaurant is struggling to come out of the recession. Western Sizzlin’, which has been open for 22 years at 3033 8th Ave., in Evans, faces a steep hill to climb after its bank foreclosed on its loan. The foreclosure notice, claiming nonpayment of almost $745,000 remaining on a $798,000 loan to Denver-based Guaranty Bank, was published on Friday. If the loan is not paid, it will go

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Foreclosure filings dropped in Licking County in 2009

Foreclosures Expert — Sat, 09 Jan 2010 18:09:02 +0000

NEWARK — Foreclosure filings in Licking County declined in 2009 for the first time since the mid-1990s, possibly signaling better days ahead for homeowners and a battered housing market.
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Foreclosure prevention seminar today

Foreclosures Expert — Sat, 09 Jan 2010 16:09:04 +0000

The Montgomery Alumni Chapter of Delta Sigma Theta will hold a foreclosure prevention seminar today.

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High Street foreclosure could alter Phoenix’s commitment to CityNorth

Foreclosures Expert — Sat, 09 Jan 2010 08:09:02 +0000

Phoenix’s $97.4 million economic agreement with CityNorth could be in jeopardy because of foreclosure proceedings on the property.

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Those facing foreclosure can get free advice

Foreclosures Expert — Sat, 09 Jan 2010 06:09:01 +0000

DELTONA — Families facing foreclosure will have a chance to meet credit counselors, mortgage lenders and officials from other assistance programs. The city teamed up with the Florida Department of Financial Services and the Financial Action Team to offer the workshop on Jan. 23 from 10 a.m. to 3 p.m. at the meeting at the commission chambers at City Hall. Local housing authorities will be on

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Beware of “Foreclosure Rescue Scams”

Foreclosures Expert — Sat, 09 Jan 2010 04:09:03 +0000

Scam-artists are trying to cheat Iowans who are caught up in the nationwide foreclosure crisis.

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Men strip Loxahatchee Groves home under foreclosure, but was that a crime?

Foreclosures Expert — Sat, 09 Jan 2010 02:09:02 +0000

Men strip Loxahatchee Groves home under foreclosure, but was that a crime?

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GMAC Mortage Foreclosure

Foreclosures Expert — Sat, 09 Jan 2010 02:09:02 +0000

Joel Grover investigates a home foreclosure where the house was auctioned off even though the buyer had arranged for it to be sold.

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Free foreclosure-prevention workshop set

Foreclosures Expert — Sat, 09 Jan 2010 00:09:03 +0000

The public is invited to attend a workshop on Saturday, Jan. 23, designed to help homeowners avoid foreclosure. The Orange County Home Ownership Preservation Collaborative is teaming with the city of San Juan Capistrano and the Orange County

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Mitchell sponsors bill to help homeowners facing foreclosure

Foreclosures Expert — Sat, 09 Jan 2010 00:09:03 +0000

Homeowners in Georgia do not enjoy the same protection from foreclosure that those in other states have. Here, depending on the lender, the foreclosure process can begin one day after the grace period if an owner is late with the mortgage payment.

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Foreclosure filings on a roll in coastal North Carolina

Foreclosures Expert — Fri, 08 Jan 2010 22:09:03 +0000

By Gareth McGrath Gareth.McGrath@StarNewsOnline.com While the recession battered property markets from coast to coast, it pummeled Brunswick County. Foreclosure filings last year nearly doubled from 2008 and are up an eye-popping 644 percent since 2000.

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Surviving foreclosure

Foreclosures Expert — Fri, 08 Jan 2010 22:09:02 +0000

Losing a home to a foreclosure was once the road less taken. Now it appears to be a well-worn path.

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Foreclosure deeds down, but petitions on rise

Foreclosures Expert — Fri, 08 Jan 2010 14:09:02 +0000

November real estate foreclosures in November declined or remained unchanged in most area communities, although foreclosure petitions - the first step in the foreclosure process - rose in about half of them.

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A Foreclosure Crisis Rooted, the Family Says, in Predatory Lending

Foreclosures Expert — Fri, 08 Jan 2010 12:09:02 +0000

A woman in has filed a lawsuit against a lengthy list of lenders she said took advantage of her elderly mother in San Francisco.

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Foreclosure numbers down from last year

Foreclosures Expert — Fri, 08 Jan 2010 12:09:02 +0000

MARIETTA - More than 900 Cobb properties are scheduled for the auction block in the county’s February foreclosure sale. There are 930 properties, mostly residential, that have been advertised for

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Realty Q&A: Foreclosure glut deflates all home sales

Foreclosures Expert — Fri, 08 Jan 2010 12:09:02 +0000

What about the thousands of homes out there for sale that have no foreclosure hanging over them? Is there a premium perceived in their value due to the lack of a foreclosure or has their value been degraded along with the REO properties?

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Beware of foreclosure rescue scams/schemes

Foreclosures Expert — Fri, 08 Jan 2010 04:09:02 +0000

Scam-artists are trying to cheat Iowans who are caught up in the nationwide foreclosure crisis. Mortgage foreclosure “rescue” schemes ask you to pay hundreds of dollars up-front for so-called assistance or “rescue” from foreclosure – but they just take your money and do little or nothing to help. The scam puts you in a deeper financial hole, does nothing to save your home and diverts you from

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Need a foreclosure bailout plan? Check out free Weston legal workshop tonight

Foreclosures Expert — Fri, 08 Jan 2010 00:09:03 +0000

Need a foreclosure bailout plan for your South Florida condo unit or home? Want to know your legal rights? Need advice on a short sale? Check out tonight’s free legal workshop in Weston hosted by the Oppenheim Law firm.

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Minnesota Democrats try again with vetoed foreclosure bill

Foreclosures Expert — Thu, 07 Jan 2010 22:09:02 +0000

ST. PAUL, Minn. — Attorney General Lori Swanson and Democratic legislators said Wednesday that they will try again this year to enact a foreclosure mediation bill vetoed last year by Republican Gov. Tim Pawlenty. Swanson, a Democrat
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Scores of Bulgaria Beach Hotels Face Foreclosure

Foreclosures Expert — Thu, 07 Jan 2010 18:09:01 +0000

Scores of luxury hotels and apartments on Bulgaria’s southern Black Sea coast are listed for foreclosure by private law enforcement officers.

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Burlco to sponsor foreclosure forum

Foreclosures Expert — Thu, 07 Jan 2010 14:09:03 +0000

A public forum will be held here for homeowners with financial or credit problems that could result in mortgage foreclosure.

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Free workshop offers foreclosure advice

Foreclosures Expert — Thu, 07 Jan 2010 14:09:03 +0000

Want to learn more about alternatives to foreclosure? You’re invited to the Peoples’ Self-Help Housing Corporation’s free foreclosure prevention workshop on Jan. 13 in Santa Maria.

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Vetoed foreclosure mediation bill resurfaces

Foreclosures Expert — Thu, 07 Jan 2010 12:09:02 +0000

With the foreclosure crisis overstaying its welcome in neighborhoods across Minnesota, advocates are trying again to get a foreclosure mediation bill on the books. Minnesota Attorney General Lori Swa

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29-story Houston tower joins its twin in foreclosure

Foreclosures Expert — Thu, 07 Jan 2010 12:09:02 +0000

The upscale Montage apartment tower across from Hermann Park fell into foreclosure this week, just months after its twin — The Mosaic — suffered a similar fate.

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Protect yourself and your home from foreclosure

Foreclosures Expert — Thu, 07 Jan 2010 12:09:02 +0000

The Valley is seeing continued high foreclosure rates. With it, the threat of more people losing their homes. Find out how to protect yourself and your home from foreclosure.

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Attorney General tries again with vetoed foreclosure bill