From the monthly archives:
In Loudoun, Virginia, the growth of repo house listings seems to be slowing down, but housing analysts in the area fear that the resetting of many adjustable-rate mortgage loans taken by residents during the boom years starting 2004 would put more properties into repo house listings.
Continue Reading: ARMs Could Reverse Decline in Loudoun Repo House Listings
The top 25 metropolitan areas with the highest foreclosed homes list in the country are dominated by cities from California and Florida from January to June of this year.
Continue Reading: Florida Cities’ Foreclosed Homes List on the Rise
Touted as the largest foreclosure case in Teton County, Texas, a commercial lot has been placed on bank foreclosure list by Wells Fargo Bank for failure of its developer, the Tatanka Hotel Development Partners to pay its $13.5 million loan with the bank.
Continue Reading: Wells Fargo Placed $14M Property on Bank Foreclosure List
County level filings for foreclosed home listing in New York rose for the months of April, May and June this year. According to data released by the New York State Banking Department, foreclosure filings were made on 13,664 properties across the state for the second quarter. The figures represented a 24 percent rise compared with the previous quarter but 15 percent below the year-to-year figures.
Continue Reading: Filings for Foreclosed Home Listing in NY Increased
The capability of the Obama Administration’s loan modification program to stop bank foreclosure homes is being challenged by a public interest group based in St. Paul, Minnesota.
Continue Reading: Lawsuit to Stem the Tide of Bank Foreclosure Homes
A 22-year-old Florida mechanical engineer was able to buy her first home in the city of Cocoa in May after looking at a foreclosure list and a short sale list presented to her.
Continue Reading: Florida Buyer Considers Foreclosure List and Short Sale
Helping distressed homeowners save their properties from foreclosure lists is one of the goals of the community outreach program, launched by Indiana Attorney General Greg Zoeller to help underserved residents of the state.
Continue Reading: Indiana Program to Stem Growth of Foreclosure Lists
Even before the Government Accountability Office released a report indicating that the Obama administration may have overstated its achievements in curbing foreclosure va and other foreclosures through its Home Affordable Modification Program, several senators have already introduced new proposals to help step up the loan modification program and to help American homeowners keep their homes.
Continue Reading: Senators Focus on Foreclosure VA and Other Foreclosures
Five apartment buildings in Tucson are set to get added to foreclosure lists after California-based private equity firm Bascom Group, which bought the apartment buildings during the housing boom, defaulted on over $53 million in property loans owed to General Electric Capital Corp.
Continue Reading: Tucson Apartment Complexes to Get Added to Foreclosure Lists
The number of bank and foreclosed VA homes across the region has remained unabated for several years now. To address the growing problem, U.S. Representative Cliff Stearns has decided to host a workshop to help distressed homeowners protect their properties from foreclosure.
Continue Reading: Workshop to Stem the Flood of Bank and Foreclosed VA Homes
The project of Boca Developers to convert an old landfill located at North Miami, Florida into a residential and commercial development is facing the risk of being placed on bank foreclosure listing as Wells Fargo Bank plans its foreclosure proceeding against the property.
Continue Reading: Mixed-Use Community Project Facing Bank Foreclosure Listing
Last March, the Obama Administration, in its effort to provide relief to troubled homeowners and reduce the number of homes in foreclosed homes listings, launched a housing program that targets as many as 4 million of these distressed borrowers. The said program involved as much as $50 billion in funds, given to mortgage lenders as financial incentives to encourage them to modify the loans of struggling borrowers.
Continue Reading: Goal to Reduce Foreclosed Homes Listings Could Fall Short
You are currently browsing the Foreclosures Blog – Foreclosure Listings Nationwide weblog archives for July, 2009.