Foreclosure

Entity type image
Type: Keyphrase
Name: Foreclosure
First reported 9 hours ago - Updated 5 hours ago - 2 reports

Growing, lurking threat: ?Paper terrorism?

How do you stop one anti-government extremist from$ coordinating$ a trillion dollar “paper terrorism” scheme involving a raft of false financial documents, or deal with another who$ sues$ prosecutors for allegedly conspiring against him by using poor ... [Published Salon - 5 hours ago]
First reported May 18 2013 - Updated 14 hours ago - 2 reports

Four Foreclosed Mayfield Area Properties For Sale Monday

Four Mayfield-area homes in foreclosure are scheduled for sheriff's sales Monday May 20, according to the  Cuyahoga County Sheriff's website .Foreclosure sales are conducted each Monday at 9 a.m. at the Justice Center, 1215 West 3rd St. in Cleveland ... [Published Hillcrest Patch - 14 hours ago]
First reported May 17 2013 - Updated May 18 2013 - 5 reports

Wells, Citi Halt Most Foreclosure Sales as OCC Ratchets Up Scrutiny

Wells, Citi Halt Most Foreclosure Sales as OCC Ratchets Up Scrutiny Wells Fargo (WFC) and Citigroup (NYSE:C) have halted the vast majority of their foreclosure sales in multiple states following the release of new guidance by the Office of the Comptroller ... [Published Foreclosure Fraud - Fighting Foreclosure Fraud ... - May 18 2013]
First reported May 17 2013 - Updated May 18 2013 - 2 reports

Independent Foreclosure Review Payments Approach $2.2 Billion

Independent Foreclosure Review Payments Approach $2.2 Billion WASHINGTON—More than 2.4 million checks related to the Independent Foreclosure Review have been cashed or deposited for nearly $2.2 billion through May 16, 2013. To date, more than 3.9 million ... [Published Foreclosure Fraud - Fighting Foreclosure Fraud ... - May 18 2013]
Entities: Foreclosure, Theft
First reported May 17 2013 - Updated May 18 2013 - 3 reports

High-speed rail plan for Denver-Springs route

Ft. Collins interchange sold for $1.2 million Springs gaming company reports profit Steep drop in Colorado foreclosures in Q1 Denver software firm offers severence pay Udall, Bennet introduce brewery tax break Aspen hospital wants to raise $60 ... [Published Boulder County Business Report - May 18 2013]
First reported May 17 2013 - Updated May 18 2013 - 2 reports

Some Banks Halt Foreclosures,Citing Regulator´s Bulletin

Some of the nation´s largest banks, including Wells Fargo [WFC +1.58%] & Co., suspended foreclosure sales in a number of states following guidance issued last month by federal banking regulators. While some foreclosures have since resumed, the halt marks ... [Published Lucianne.com - May 18 2013]
First reported May 17 2013 - Updated May 18 2013 - 3 reports

Foreclosure numbers decrease in Massachusetts

/24-7PressRelease/ -- Article provided by Victor A. DenaroVisit us at http://www.victoradenaroassociates.comUnfortunately, many families in Massachusetts and throughout the United States have had to face the possibility of losing their homes to foreclosure. ... [Published 24-7PressRelease.com - May 18 2013]
First reported May 17 2013 - Updated May 17 2013 - 2 reports

American Banker: Wells, Citigroup halt foreclosure sales in several states

American Banker is reporting that Wells Fargo and Citigroup ‘halted’ most of their foreclosure sales in several states after evaluating the process against the backdrop of new guidance from the Office of the Comptroller of the Currency.http://www.americanbanker.com/issues/178_96/wells-citi-halt-most-foreclosure-sales-as-occ-ratchets-up-scrutiny-1059224-1.html ... [Published HousingWire.com - May 17 2013]
First reported May 17 2013 - Updated May 17 2013 - 2 reports

$2.2 billion in foreclosure review payouts cashed by homeowners

The Independent Foreclosure Review payout continues, with 2.4 million checks valued at $2.2 billion already deposited or cashed by homeowners who experienced foreclosures back in 2009 and 2010.The Office of the Comptroller of Currency says 3.9 million ... [Published HousingWire.com - May 17 2013]
Entities: Foreclosure, Crisis
First reported May 17 2013 - Updated May 17 2013 - 2 reports

Famous Miami Beach hotel becomes a foreclosure

It’s not just homes — foreclosure activity also is changing the face of neighborhoods with once vibrant businesses. A Miami-based celebrity hangout is now up for sale after the hotel's owners defaulted on a loan.http://www.miamiherald.com/2013/05/16/3401668/foreclosure-finally-for-south.html ... [Published HousingWire.com - May 17 2013]
First reported May 17 2013 - Updated May 17 2013 - 2 reports

More Foreclosures and Suicides than During the Great Depression

The San Francisco Chronicle notes that it is difficult to keep track of foreclosure rates now … let alone during the Great Depression:Foreclosure rates of the late 2000s are often compared with those of the Great Depression, which took place through the ... [Published Zero Hedge - May 17 2013]
First reported May 17 2013 - Updated May 17 2013 - 2 reports

Home Foreclosure Rates are Comparable to the Great Depression

Have As Many People Lost their Homes as During the Great Depression? by WashingtonsBlog The San Francisco Chronicle notes that it is difficult to keep track of foreclosure rates now … let alone during the Great Depression: Foreclosure rates of the late ... [Published Foreclosure Fraud - Fighting Foreclosure Fraud ... - May 17 2013]

Quotes

"We will pay off our mortgage and share with our two children. We will also give to our church and favorite charities. It is very important to us that we use this money to help others" the father said. Mr. Cerezo also said he sees the windfall as a gift from Savannah
"If you have fallen behind on your taxes, please call my office at 330-643-2600 regarding a payment program, which would prevent a lien from being sold on your property."
However, I believe the new normal is going to be intervention. Here is a recent speech by Fed Governor Elizabeth Duke, entitled " A View from the Federal Reserve Board: The Mortgage Market and Housing Conditions "
American Banker, which first reported on the pause in foreclosure sales, called the hiatus "an echo of the 2010 foreclosure halt that kicked off several years of wrenching procedural scrutiny of the mortgage servicing industry."

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Blogs

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Guest Post: What Is Normal? [Published Zero Hedge - 44 mins ago]
Submitted by Ramsey Su via Acting-Man blog , Is a $400,000 house with NINJA loan normal? How about a $200,000 REO with missing appliances, a dead yard, a long list of maintenance and no financing? Maybe normal is a $300,000 flip after the flipper ...
The New New York Housing Bubble: Park Avenue "M... [Published Zero Hedge - 1 hour ago]
To those who have already submitted their applications to launder their cash buy an apartment or better yet, have already wired the money to purchase any of the still to be built residences at 432 Park, the 84-story giant that is set to become the tallest ...
The New New York Housing Bubble: Park Avenue "M... [Published Zero Hedge - 1 hour ago]
To those who have already submitted their applications to launder their cash buy an apartment or better yet, have already wired the money to purchase any of the still to be built residences at 432 Park, the 84-story giant that is set to become the ...
Phony Air Force officer in Orlando [Published This ain't Hell, but you can see it from here - 4 hours ago]
The Orlando Sentinel tells the story of 37-year-old Chantal M. Lanton who pretended to be an Air Force officer deployed to Germany in order avoid paying her mortgage using regulations that protect deployed members of the military services from foreclosure ...
Is the new kind of real estate investor to blam... [Published Dr. Housing Bubble Blog - 4 hours ago]
One piece of housing information that warrants a deeper analysis is the continually falling home ownership rate.  Since the recession hit over 5,000,000 Americans have gone through the process of foreclosure.  Yet for over a year now, the housing market ...
1 2 3 4 5 6 7 8 9 10 ...

Audio/Video

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Backlog in foreclosures could derail housing re... [Published Reuters Video: Business - May 13 2013]
Backlog in foreclosures could derail housing re... [Published Reuters Video: Top News - May 13 2013]
What’s Going on with Housing? [Published FOX Business - Video - May 09 2013]
What's News Midday Edition, May 9, 2013 [Published Wall Street Journal What's News - May 09 2013]
Foreclosure Activity Hits 6-Year Low [Published FOX Business - Video - May 09 2013]
1 2 3 4 5 6 7 8 9 10 ...

Press Releases

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Alan Donald, Realtor and His Charleston SC Shor... [Published PR.com Press Releases - May 18 2013]
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