From the monthly archives:
A report by the State Foreclosure Prevention Working Group of the Conference of State Bank Supervisors indicated that about 80 percent of troubled borrowers were not availing of loan modification programs being offered through lenders to stem the tide of distressed properties on lists of bank foreclosures.
Continue Reading: Programs to Help Stem Lists of Bank Foreclosures
Foreclosures homes are everywhere in Philadelphia, Pennsylvania It has wreaked havoc on lives of both rich and poor people. This trend prompted several community groups to step up and intensify their efforts to identify struggling homeowners before they abandon or lose their homes to foreclosures.
Continue Reading: Community Groups Intensify Efforts to Stem Foreclosures Homes
Sales of homes listed in Fort Myers foreclosure listings increased in June. The median sales price for foreclosed single-family houses was $69,000 and the median short sales price was $105,000.
Continue Reading: Sales from Fort Myers Foreclosure Listings Grew
More than 3 percent of all mortgages in the St. George region of Utah were added to foreclosure list inventories in May, based on foreclosure records in Washington County.
Continue Reading: Foreclosure List Inventories in St. George, Utah Growing
Nearly 30 percent of home sellers in North Texas have been slashing their foreclosure listing prices and other pre-owned listing prices in efforts to cut down their sales inventories, according to analysts who studied real estate sales in the region these past months.
Continue Reading: North Texas Home Sellers Cutting Foreclosure Listing Prices
Billions of dollars more would become available for the Obama administration’s foreclosed housing prevention program if lawmakers allocate a portion of what was left in the $700-billion financial industry bailout program enacted by the U.S. Congress in 2008 to the program.
Continue Reading: Billions More for Foreclosed Housing Prevention Program
The city of Rocky Mount in North Carolina experienced a slight increase in the number of Bank Foreclosure Properties last May. Market data showed that 1.2 foreclosures were posted among outstanding mortgages, representing a 0.3 percent increase compared to the same month figures the previous year.
Continue Reading: Bank Foreclosure Properties Continue to Increase in City
Data from current foreclosed home listings in Northern Virginia shows that more distressed mortgage borrowers are trying to avoid foreclosure by selling their homes through short sales.
Continue Reading: Short Sales Impact Foreclosed Home Listings in Virginia
New Hampshire’s most populated areas are seeing a growing REO property listing. According to market data, Manchester-Nashua area posted a 1.1 percent increase in foreclosure rate last May, representing a .4 percent rise for the same month a year ago.
Continue Reading: Growing REO Property Listing in NH’s Most Populated Areas
Mississippi local governments, nonprofits, businesses and organizations, including the Vicksburg Housing Authority, will be able to receive about $35 million to buy properties on repo list to be demolished or refurbished and sell.
Continue Reading: Stimulus Funds to Help Contain Repo List
International Institute of Culinary Arts founder and president George Karousos will see a portion of his Abbey Grill on bank foreclosure list and his liquor license auction off on July 9 in Massachusetts.
Continue Reading: Karousos’ Property on Bank Foreclosure List to Be Auctioned
Las Vegas, Henderson, Clark County and North Las Vegas have been coordinating their moves so that they can obtain $367 million from the second round of funding from the Neighborhood Stabilization Program, a federal program launched to help government foreclosure mitigation programs.
Continue Reading: Vegas Works to Get $367 M in Government Foreclosure Funding
You are currently browsing the Foreclosures Blog – Foreclosure Listings Nationwide weblog archives for July, 2009.