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A collection of news and information related to Foreclosures published by this site and its partners.
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Aaron Gordon: Condo associations gain victory over banking lobby
For the second year in a row, Florida's condominium associations dodged a financial bullet when legislators opted to favor voters rather than the powerful banking lobby. It was an important victory for the state's struggling community associations,...Tags: Justice System, Tampa, Interior Policy, Economy, Business and Finance, Politics
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OptimumBank leaders determined to ride out storm
The numbers would make anyone blink: Bad loans account for nearly a fifth of Fort Lauderdale-based OptimumBank's $88.6 million loan portfolio. But this isn't a tale of woe from the Great Recession. It's happening this year. There may be more bad times...
Tags: Hillsboro Beach, Services and Shopping, Loans, Real Estate, Fort Lauderdale
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7.7% of April O.C. home sales were foreclosures
Orange County RegisterHomes that had gone through a recent foreclosure made up the smallest proportion of the Orange County housing market last month in more than five years, figures from DataQuick Information Systems show. DataQuick reported that 256 of the homes resold...Tags: Homes, Services and Shopping, Orange County Register, Real Estate
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Distressed homes lure cash investors
Miami HeraldHouse hunters looking to buy a foreclosure in South Florida often discover they are getting outflanked by the pros: investors wielding cash. "If you don't have cash, or you're looking for financing, you can't play in the distressed arena,'' said Doug...Tags: Property, Services and Shopping, Mortgages, The Miami Herald, Real Estate
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3 big banks nearly halt foreclosure sales after U.S. tweaks orders
Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The banks...Tags: Financial and Business Services, Mortgages, JPMorgan Chase & Co., U.S. Department of the Treasury, Office of the Comptroller of the Currency
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Buyers who make all the right moves are taking advantage of lowest interest rates
Billings Gazette, Mont.U.S. Air Force retiree Mike Getlinger and wife, Kim, have hit the homeowner triple lottery: three mortgages in 11 years, all at historic lows of 5 percent or less. In 2002, the Getlingers bought their first home in South Carolina with a 3.78 percent,...Tags: Human Interest, Petroleum Industry, Memorial Day, Mortgages, Rentals
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Some foreclosed-upon homeowners getting mortgages
The Tampa TribuneStuck renting for a few years, Tampa Bay area residents who had a foreclosure during the housing crash are buying homes again. Among them is Xiomara Mewa of Tampa. A former loan officer, her finances tumbled five years ago when the lenders she worked...Tags: Homes, Moody's Corporation, Mortgages, Rentals, Credit and Debt
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Deal bolsters prospects for stalled marina project
A stalled residential marina development in Blue Island has been purchased by a south suburban company that built its name rehabbing foreclosed homes. Tinley Park-based Mack Cos. acquired 27 acres at Fay's Point, on a peninsula between the Cal-Sag...
Tags: Condos and Houses, Finance, Services and Shopping, Rentals, Real Estate
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READER SUBMITTED: NHSNB, Inc celebrates NeighborWorks America Week
New BritainIn conjunction with National NeighborWorks Week, Neighborhood Housing Services of New Britain, Inc. will present a community housing fair titled "A Place Called Home." The fair will be held on Saturday, June 8,, from 10 a.m. to 2 p.m. at Louis P. Slade...Tags: Politics, Arts and Culture, Housing and Urban Planning, New Britain, Rentals
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Son's ex-wife not cooperating with short sale
Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/housekeys each Friday. To ask a question, go to SunSentinel.com. Q: My husband and I co-signed a loan for our son and his now ex-wife. Our son stayed...Tags: Bankruptcy, Financial and Business Services, Justice System, Services and Shopping, Mortgages
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Short sales routinely show up in credit reports as foreclosures
WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...
Tags: Services and Shopping, Mortgages, Freddie Mac, Real Estate, Fannie Mae
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Cleanup coming soon for dry cleaning site, Lockport mayor says
The Buffalo NewsThe city filed a foreclosure action in State Supreme Court this week, the last step necessary before a cleanup can begin at the Peters Dry Cleaning site on Willow Street. Mayor Michael W. Tucker said demolition might begin as soon as next week on the...Tags: Environmental Issues, Justice System, Judges, Crime, Law and Justice
May 22, 2013
|Story| South Florida Sun-Sentinel
May 21, 2013
|Story| South Florida Sun-Sentinel
May 20, 2013
|Story| McClatchy-Tribune
May 20, 2013
|Story| McClatchy-Tribune
May 19, 2013
|Story| Los Angeles Times
May 19, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| McClatchy-Tribune
May 17, 2013
|Column| Chicago Tribune
May 17, 2013
|Story| Hartford Courant
May 17, 2013
|Story| South Florida Sun-Sentinel
May 17, 2013
|Story| Los Angeles Times
May 18, 2013
|Story| McClatchy-Tribune
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