Foreclosure Filings Swell in Chicago Area

Foreclosure filings in seven Chicago-area counties swelled during June and the second quarter, keeping pressure on a local housing market trying hard to find a bottom.

Foreclosure Filings Swell in Chicago Area

Foreclosure filings in seven Chicago-area counties swelled during June and the second quarter, keeping pressure on a local housing market trying hard to find a bottom.

Housing Rebound Signaled as Banks Resume Foreclosures: Mortgages

Housing Rebound Signaled as Banks Resume Foreclosures: Mortgages By Prashant Gopal, Bloomberg, July 12, 2012 U.S. lenders are notifying more delinquent homeowners they face foreclosure, a step toward clearing a backlog of properties and helping to accelerate...(read more)

Top 10 Foreclosure Beach Towns

The general rule of thumb is: the closer you are to the water, the more expensive the real estate.

Atlanta: ‘Super-Hot’ Rental Market

According to RealtyTrac’s June 2012 Foreclosure News Report, Atlanta’s housing market is in a painful retrenchment after decades of extraordinary growth.

What Happens At and After a Foreclosure Auction?

The foreclosure process is governed by state law, and all states require some form of foreclosure auction during the process.

AM Alert: Jerry Brown to sign foreclosure legislation

AM Alert: Jerry Brown to sign foreclosure legislation The Sacramento Bee, July 11, 2012 Gov. Jerry Brown heads to Los Angeles to sign the homeowner-rights mortgage legislation that lawmakers approved last week before going on summer recess. What Happens...(read more)

What Happens At and After a Foreclosure Auction?

The foreclosure process is governed by state law, and all states require some form of foreclosure auction during the process.

7 Best Banks for (Short) Short Sale Bargains

The process of buying a short sale and the discounts available can vary widely based on the lender/servicer/investor involved in approving the sale. Here are the 7 best banks for short sale bargains.

Hi, I’m Eminent Domain, and I’m Here to Help?

Twenty four years ago, President Ronald Reagan, said that the 10 most terrifying words in the English language are: “Hi, I’m from the government and I’m here to help.”

Hi, I’m Eminent Domain, and I’m Here to Help?

Twenty four years ago, President Ronald Reagan, said that the 10 most terrifying words in the English language are: “Hi, I’m from the government and I’m here to help.”

7 Best Banks for (Short) Short Sale Bargains

The process of buying a short sale and the discounts available can vary widely based on the lender/servicer/investor involved in approving the sale. Here are the 7 best banks for short sale bargains.

HOPE NOW Reports 38,000 Short Sales in May

HOPE NOW Reports 38,000 Short Sales in May By Tory Barringer, DSNews, July 9, 2012 HOPE NOW released its May loan modification data Monday, revealing that the month saw nearly 38,000 completed short sales. Why Home Equity Lines Of Credit Are A Foreclosure...(read more)

How Do Homeowners Avoid Foreclosure?

What options do homeowners have to avoid foreclosure after they start the foreclosure process?

Why Home Equity Lines Of Credit Are A Foreclosure Menace

In the next few years a new mortgage threat will arise, one that’s destined to create large numbers of short sales, foreclosures and REOs.

How Do Homeowners Avoid Foreclosure?

What options do homeowners have to avoid foreclosure after they start the foreclosure process?

Eminent domain as a foreclosure fix

Eminent domain as a foreclosure fix Los Angeles Times Editorial, July 9, 2012 Property values have fallen so sharply in San Bernardino County that nearly half of the homeowners with mortgages owe more than their houses are worth. Hoping to aid at least...(read more)

Why Home Equity Lines Of Credit Are A Foreclosure Menace

In the next few years a new mortgage threat will arise, one that’s destined to create large numbers of short sales, foreclosures and REOs.

Fallen ‘Angelo’ of the Real Estate World

He was bigger than life…and he was an industry superstar.

LIBOR: Rigged Interest Rates, Rigged Real Estate

Suddenly, the LIBOR rigging is exploding into a major banking scandal that will have far-reaching implications — both in Europe and in the United States.