Foreclosures fall to lowest level since 2007

Foreclosures fall to lowest level since 2007 By Les Christie, CNN Money, May 17, 2012 NEW YORK — Foreclosure filings in April fell for the third straight month to the lowest level since July 2007. Will Short Sales Finally Save the Housing Market...(read more)

Report: Fewer U.S. Homes Foreclosed Upon in April

National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered into the foreclosure process.

Foreclosure Filings Decline in U.S. to Lowest Since 2007

Foreclosure activity is down to a near five-year low across the country, according to new numbers out today by RealtyTrac.

Report: Fewer U.S. Homes Foreclosed Upon in April

National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered into the foreclosure process.

U.S. Foreclosure Activity Drops In April - RealtyTrac

Foreclosure activity dropped in April to the lowest level in nearly five years, RealtyTrac said in a report on Thursday. Foreclosure actions were reported on 188,780 homes, down 5 percent from March and 14 percent from the year before.

Foreclosure Filings Decline in U.S. to Lowest Since 2007

Foreclosure activity is down to a near five-year low across the country, according to new numbers out today by RealtyTrac.

Barclays Advocates Short Sales to Lower Loss Severities

Barclays Advocates Short Sales to Lower Loss Severities By Carrie Bay, DSNews, May 15, 2012 With vacant homes stretching the capacity of banks’ balance sheets and homebuyer demand lackluster at best, short sales are becoming a top loss mitigation...(read more)

Will Short Sales Finally Save the Housing Market?

Short sales, where a distressed property (often in foreclosure) is sold for less than what is owed on the mortgage, have long been viewed as an elegant solution to the nation’s foreclosure problem.

Will Short Sales Finally Save the Housing Market?

Short sales, where a distressed property (often in foreclosure) is sold for less than what is owed on the mortgage, have long been viewed as an elegant solution to the nation’s foreclosure problem.

Will Short Sales Finally Save the Housing Market?

Short sales, where a distressed property (often in foreclosure) is sold for less than what is owed on the mortgage, have long been viewed as an elegant solution to the nation’s foreclosure problem.

NY home loan court filings still marred

NY home loan court filings still marred By Catherine Curan, New York Post, May 12, 2012 Foreclosure-mill attorneys are routinely breaking the law and clogging New York courts with unresolved cases, an explosive new study shows. Top Fla. Court Hears Landmark...(read more)

Banks Outbidding Investors at Auction in Some Recovering Markets

Real estate investors are being outbid by lenders at foreclosure auctions in some recovering housing markets

Banks Outbidding Investors at Auction in Some Recovering Markets

Real estate investors are being outbid by lenders at foreclosure auctions in some recovering housing markets

Florida Case Goes to State Supreme Court

Read what the Florida Supreme Court hearing of the Florida foreclosure case, Pino v. Bank of New York Mellon, means for homeowners and banks.

Top Fla. Court Hears Landmark Foreclosure Case

The Florida Supreme Court heard oral arguments on May 10 in a landmark mortgage foreclosure case that could have far-reaching consequences.

Florida Case Goes to State Supreme Court

Read what the Florida Supreme Court hearing of the Florida foreclosure case, Pino v. Bank of New York Mellon, means for homeowners and banks.

Is It Time To Turn Foreclosures Into Rent-To-Own Properties?

If ever there was a case for owning rental real estate, that case was probably made by two reports which came out during the past week.

Foreclosure Buying 101 Slideshow

About once a month I have the pleasure of hosting a webinar for RealtyTrac users called Foreclosure Buying 101. Here are the slides used in the webinar, along with a link to view a recording.

New Fed Rule Could Reduce Foreclosure Prices

The federal government has proposed new rules that would significantly limit mortgage loan origination fees and possibly result in reduced foreclosure prices.

New Fed Rule Could Reduce Foreclosure Prices

The federal government has proposed new rules that would significantly limit mortgage loan origination fees and possibly result in reduced foreclosure prices.