Editorial Results (free)
1. US Home Repossessions Fall in April, RealtyTrac Says
- Friday, May 10, 2013
Fewer U.S. homes entered the foreclosure process or were repossessed by lenders last month, the latest indication that the nation’s foreclosure woes could be waning.
Nationally, home repossessions fell 20 percent in April from the previous month and were down 32 percent from a year earlier, foreclosure listing firm RealtyTrac Inc. said Thursday.
2. Fannie's Record Profit a Symbol of Housing Rebound
- Wednesday, April 03, 2013
WASHINGTON (AP) – Home prices are up. Foreclosures are down. Construction is up. And now comes the latest sign of the U.S. home market's revival: Fannie Mae, the mortgage giant that nearly collapsed five years ago, has earned its biggest yearly profit ever.
3. US Foreclosure Filings Hit 5-Year Low in September
- Friday, October 12, 2012
U.S. foreclosure filings dropped to a five-year low in September as fewer homes were on track to be seized by lenders.
It was the second-consecutive monthly decline in filings, although there remains a sharp divergence along state lines, according to a report Thursday by foreclosure listing firm RealtyTrac Inc.
4. Foreclosure Starts Fell on Annual Basis in August
- Friday, September 14, 2012
LOS ANGELES (AP) – The evolution of the U.S. foreclosure crisis is increasingly diverging along state lines.
On a national level, fewer homes were placed on the foreclosure track last month than in August last year, when they hit a 17-year high, foreclosure listing firm RealtyTrac Inc. said Thursday.
5. Report: Foreclosure Sales Fell Sharply in Second Quarter
- Friday, August 31, 2012
LOS ANGELES (AP) – Sales of bank-owned homes and those already on the foreclosure path fell sharply in the second quarter, reflecting a thinner slate of properties for sale in many cities as banks take a measured approach to placing homes on the market.
6. More US Homes Facing Foreclosure Risk in June
- Friday, July 13, 2012
LOS ANGELES (AP) — Banks are increasingly placing homes with unpaid mortgages on a countdown that could deliver a swell of new foreclosed properties onto the market by early next year, potentially weighing further on home values.
7. US Sales of Foreclosure Homes Rose in Q1
- Friday, June 01, 2012
LOS ANGELES (AP) – Homes in some stage of the foreclosure process saw their share of overall U.S. home sales grow in the first quarter even as sales of bank-owned homes fell.
The increase was driven by a spike in short sales, or homes that sell for less than what the owner owed on their mortgage, foreclosure listing firm RealtyTrac Inc. said Thursday.
8. Foreclosures Dip in April
- Friday, May 18, 2012
LOS ANGELES (AP) – 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.
9. Foreclosures Squeezing US Home Prices and Sales
- Wednesday, April 25, 2012
WASHINGTON (AP) – Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak.
Foreclosed homes are usually sold at steep discounts, thereby lowering average prices. And by expanding the supply of low-priced previously occupied homes, foreclosures tend to limit demand for new homes.
10. BofA to Offer Rentals as Foreclosure Alternative
- Monday, March 26, 2012
NEW YORK (AP) – Bank of America says it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners.
11. Tenn. Among States With Foreclosure Spike in Feb.
- Friday, March 16, 2012
LOS ANGELES (AP) – Foreclosure activity surged last month across about half of the nation's states, as banks tackled a backlog of homes with mortgages that had gone unpaid yet remained in limbo due to delays stemming from foreclosure-abuse claims.
12. Foreclosures Comprised Smaller Slice of 2011 Sales
- Friday, March 02, 2012
LOS ANGELES (AP) – Bank-owned homes and short sales last year accounted for the smallest slice of overall sales in three years but still made up nearly a quarter of all U.S. homes sold in 2011.
13. Late Mortgage Payments Up in 3Q, 1st Rise in Years
- Wednesday, November 09, 2011
NEW YORK (AP) – While lawmakers in Washington debated the debt ceiling and consumer confidence dropped, more homeowners in the U.S. were having a harder time making their mortgage payments.
14. Obama Offers Mortgage Relief on Western Trip
- Tuesday, October 25, 2011
LAS VEGAS (AP) — The Obama administration offered mortgage relief on Monday to hundreds of thousands of Americans in the latest attempt to ease the economic and political fallout of a housing crisis that has bedeviled President Barack Obama as he seeks a second term.
15. Foreclosures Made up 31 Pct. of Home Sales in Q2
- Friday, August 26, 2011
WASHINGTON (AP) – Foreclosures made up roughly one-third of all home sales this spring. While that's a smaller share of sales from the previous quarter, it's six times the percentage of foreclosures in a healthy housing market.
16. Foreclosure Warnings Decreased in July
- Friday, August 12, 2011
Fewer U.S. homes entered the foreclosure process or were seized by lenders in July, the latest sign banks are taking a measured approach to moving against homeowners who have fallen behind on mortgage payments.
17. Home Sales Fall to 2011 Low; Few 1st-Time Buyers
- Wednesday, June 22, 2011
WASHINGTON (AP) – Fewer people bought previously occupied homes in May, lowering sales to their weakest point of the year.
Home sales sank 3.8 percent last month to a seasonally adjusted annual rate of 4.81 million homes, the National Association of Realtors said Tuesday. That's far below the roughly 6 million annual sales rate typical in healthy housing markets.
18. Report: Sales of Foreclosed Homes Fell in Q1
- Friday, May 27, 2011
LOS ANGELES (AP) – Sales of homes in some stage of foreclosure declined in the first three months of the year, but they still accounted for 28 percent of all home sales – a share nearly six times higher than what it would be in a healthy housing market.
19. Home Sales Fall, Despite Uptick in 1st-Time Buyers
- Friday, May 20, 2011
WASHINGTON (AP) – Fewer people purchased previously occupied homes in April, a troubling sign that the weak housing market remains a drag on the economy.
Sales fell 0.8 percent in April to a seasonally adjusted annual rate of 5.05 million units, the National Association of Realtors said Thursday. That's far below the 6 million homes a year that economists say represents a healthy market.
20. Investors Drove Home Sales Up 3.7 Pct. in March
- Thursday, April 21, 2011
WASHINGTON (AP) – Investors lifted U.S. home sales last month, plunking down cash to grab cheap homes at risk of foreclosure. But purchases made by first-time homebuyers fell, a troubling sign for the weak housing market.
21. Rate on 30-Year Fixed Mortgage Rises to 4.91 Pct.
- Friday, April 15, 2011
NEW YORK (AP) – The rate on the 30-year fixed mortgage rose for the fourth straight week, but still remains below 5 percent.
Freddie Mac said Thursday the average rate on the 30-year loan rose to 4.91 percent from 4.87 percent the previous week. It hit a 40-year low of 4.17 percent in November.
22. Processing Delays Slow Foreclosure Activity in Q1
- Friday, April 15, 2011
LOS ANGELES (AP) – Lender processing delays reduced the number of U.S. homes taken back by banks in the first three months of the year and contributed to a sharp drop in properties entering the foreclosure process.
23. Foreclosure Activity Slows Sharply in February
- Friday, March 11, 2011
LOS ANGELES (AP) – The number of U.S. homes receiving a foreclosure-related notice fell to a 36-month low last month, as lenders delayed taking action against homeowners amid heightened scrutiny over banks' handling of home repossessions.
24. House Panel's Bill Would End Foreclosure Program
- Friday, February 25, 2011
WASHINGTON (AP) – A House committee plans to write legislation next week ending the Obama administration's flagship effort for helping struggling homeowners avoid foreclosure and abolishing three other housing assistance programs.
25. Discount for Foreclosed Homes Widened in 2010
- Friday, February 25, 2011
LOS ANGELES (AP) – The gap between the average sale price of a foreclosed home and that of other properties grew wider last year, giving homebuyers who snapped up bank-owned homes big discounts.
26. Risk of Foreclosure Dips, But Remains Elevated
- Friday, February 18, 2011
NEW YORK (AP) – Fewer Americans fell behind on their mortgage payments in the final three months of last year, but foreclosures are still rising.
The Mortgage Bankers Association said Thursday 8.2 percent of homeowners missed at least one mortgage payment in the October-December quarter. The figure, which is adjusted for seasonal factors, improved from 9.1 percent in the previous quarter and from a high of more than 10 percent in the January-March quarter.
27. Rate on 30-Year Fixed Mortgage Dips to 4.71 Pct.
- Friday, January 14, 2011
NEW YORK (AP) – Rates on fixed mortgages dipped for the second straight week as Treasury yields fell.
Freddie Mac said Thursday the average rate on the 30-year mortgage dropped to 4.71 percent this week from 4.77 percent the previous week. It hit a 40-year low of 4.17 percent in November.
28. Banks Repossess 1 Million Homes in 2010
- Friday, January 14, 2011
NEW YORK (AP) – The bleakest year in foreclosure crisis has only just begun.
Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006. About 5 million borrowers are at least two months behind on their mortgages and more will miss payments as they struggle with job losses and loans worth more than their home's value, industry analysts forecast.
29. Nonprofits Getting First Shot at Bank Foreclosures
- Wednesday, December 29, 2010
PHOENIX (AP) – Francisco and Pam Cruz maneuvered around boxes of new flooring and open cans of paint as they surveyed the foreclosed Phoenix house they would soon call their own.
30. Number of Homes Taken Back by Lenders Tumbles
- Friday, December 17, 2010
LOS ANGELES (AP) — The number of U.S. homes taken back by lenders dropped to the lowest level in 18 months in November, the result of foreclosure freezes enacted by several banks following allegations that evictions were handled improperly.
31. Signed Contracts to Buy Homes up 10.4 Pct. in Oct.
- Friday, December 03, 2010
WASHINGTON (AP) – The number of people who signed contracts to buy homes jumped in October, marking the third gain since contract signings hit a decade low.
The National Association of Realtors said Thursday its index of sales agreements for previously occupied homes rose 10.4 percent in October. Contract signings were up in every region of the country except the West.
32. Foreclosures Made Up 25 Pct of US Home Sales in Q3
- Friday, December 03, 2010
LOS ANGELES (AP) – The worst summer for home sales in decades also put a chill on foreclosure sales, even as the average discounts on the distressed properties got bigger compared with other types of homes.
33. Where Fewer Foreclosures are Now Bad for Business
- Tuesday, November 23, 2010
CAPE CORAL, Fla. (AP) – Across the nation, troubled homeowners have cheered the news that some banks are slowing the foreclosure process to review questionable documents. Then there are places like Lee County, Fla., where not everyone is applauding.
34. Risk of Foreclosure Dips, but Remains Elevated
- Friday, November 19, 2010
NEW YORK (AP) – The number of Americans at risk of foreclosure improved slightly over the summer but hardly enough to suggest the crisis in the housing market is close to over.
The Mortgage Bankers Association said Thursday about 9.1 percent of homeowners had missed at least one mortgage payment in the July-September quarter. That figure, which is adjusted for seasonal factors, fell from 9.9 percent in the April-June quarter and from a record high of more than 10 percent in the January-March quarter.
35. Foreclosure Activity Up Across Most US Metro Areas
- Friday, October 29, 2010
LOS ANGELES (AP) — The foreclosure crisis intensified across a majority of large U.S. metropolitan areas this summer, with Chicago and Seattle — cities outside of the states that have shouldered the worst of the housing downturn — seeing a sharp increase in foreclosure warnings.
36. States' Probe of Foreclosures Could Force Reforms
- Friday, October 15, 2010
WASHINGTON (AP) – A joint investigation by every state and the District of Columbia could force mortgage companies to settle allegations that they used flawed documents to foreclose on hundreds of thousands of homeowners.
37. Banks Seize 288K Homes in Q3, But Challenges Await
- Friday, October 15, 2010
LOS ANGELES (AP) – Lenders seized more U.S. homes this summer than in any three-month stretch since the housing market began to bust in 2006. But many of the foreclosures may be challenged in court later because of allegations that banks evicted people without reading the documents.
38. Officials in 50 States Launch Foreclosure Probe
- Thursday, October 14, 2010
WASHINGTON (AP) – Officials in 50 states and the District of Columbia have launched a joint investigation into allegations that mortgage companies mishandled documents and broke laws in foreclosing on hundreds of thousands of homeowners.
39. Home Sales on Pace to Finish Year as Bad as 2009
- Monday, September 27, 2010
WASHINGTON (AP) – This year's home sales are shaping up to be as dismal as last year, despite cheap home prices and mortgage rates that have fallen to the lowest levels in decades.
Sales of previously occupied homes rose last month, but not enough to keep this summer from being the slowest for home sales in more than a decade. And the year is not expected to finish much better.
40. Home Sales Up 7.6 pct. in August; Sales Still Weak
- Friday, September 24, 2010
WASHINGTON (AP) – Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales in more than a decade.
Sales rose 7.6 percent in August from July to a seasonally adjusted annual rate of 4.13 million, the National Association of Realtors said Thursday. Sales were down 19 percent from the same month a year earlier.
41. Homebuilders’ Confidence Stuck At 18-Month Low
- Tuesday, September 21, 2010
WASHINGTON (AP) – Homebuilders’ confidence in the housing market stayed this month at the lowest level in 18 months, and more worry that the traffic of potential buyers is falling.
42. US Homes Lost to Foreclosure Up 25 Pct on Year
- Friday, September 17, 2010
LOS ANGELES (AP) – Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis.
The increase in home repossessions came even as the number of properties entering the foreclosure process slowed for the seventh month in a row, foreclosure listing firm RealtyTrac Inc. said Thursday.
43. Bestselling Author Returns Home for MIG Appearances
- Thursday, September 09, 2010
You would think a guy who goes on to become a multimillionaire, speak all over the world and write best-selling books would have been voted “most likely to succeed” in school.
In the case of Robert Shemin, author of “How Come that Idiot’s Rich and I’m Not?,” a New York Times’ bestseller, not exactly.
44. One in 10 With a Mortgage Face Foreclosure
- Friday, August 27, 2010
WASHINGTON (AP) – One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little impact stemming the housing crisis.
45. Homes Lost to Foreclosure Up 6 Pct From Last Year
- Friday, August 13, 2010
The number of U.S. homes lost to foreclosure surged in July, as lenders take back more properties from homeowners who have been in default for months on end.
Lenders repossessed 92,858 properties last month, up 9 percent from June and an increase of 6 percent from July 2009, foreclosure listing firm RealtyTrac Inc. said Thursday.
46. Foreclosure Activity Up Across Most US Metro Areas
- Friday, July 30, 2010
LOS ANGELES (AP) – Households across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data show.
The trend is the latest sign that the nation's foreclosure crisis is worsening as homeowners battling high unemployment, slow job growth and an uneven rebound in home prices continue to fall behind on their mortgage payments.
47. Foreclosure Notices Down in Mississippi
- Friday, July 16, 2010
JACKSON, Miss. (AP) — The number of Mississippi homeowners receiving foreclosure notices is on a downswing, making the state's rate one of the lowest in the nation.
Irvine, Calif.-based RealtyTrac, which tracks foreclosures nationwide, said that during the second quarter, 1,022 Mississippi households received a foreclosure notice of some sort. That ranges from an initial notice of default to repossession and sale.
48. Foreclosure Losses on Track for 1M
- Friday, July 16, 2010
LOS ANGELES (AP) – More than 1 million American households are likely to lose their homes to foreclosure this year, as lenders work their way through a backlog of borrowers who have fallen behind.
49. Miss. Foreclosure Notices Dropping
- Friday, June 11, 2010
JACKSON, Miss. (AP) — The number of Mississippi residents facing the potential loss of their homes is dropping.
That's according to RealtyTrac, which tracks foreclosure notices nationwide.
50. Foreclosure Rates Surge, Biggest Jump in Five Years
- Friday, April 16, 2010
LOS ANGELES (AP) — A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a faster pace, according to a new report.
51. Homebuilder Sentiment Index Falls in March
- Tuesday, March 16, 2010
LOS ANGELES (AP) - Harsh winter weather and competition from deeply discounted foreclosures are putting a damper on sales prospects for homebuilders.
The National Association of Home Builders said Monday its housing market index, which tracks industry confidence, slipped this month by two points to 15, back to its January level.
52. Foreclosure Rates Up by Smallest Amount in 4 Years
- Friday, March 12, 2010
WASHINGTON (AP) – The foreclosure crisis isn’t over, but the pace of growth may finally be slowing down.
RealtyTrac Inc. reported Thursday that the number of U.S. households facing foreclosure in February grew 6 percent from a year ago, the smallest annual increase in four years. On the state level, foreclosures declined on a monthly and yearly basis in the hard-hit states of Nevada, Arizona and California, but still grew rapidly in Florida.
53. Foreclosures on Rise Nationally
- Friday, February 12, 2010
The number of U.S. households facing foreclosure in January increased 15 percent from the same month last year, and a surge in cash-strapped homeowners who’ve fallen behind on mortgages could be on the way.
54. Record Year for Foreclosures as Unemployment Rises
- Friday, January 15, 2010
MIAMI (AP) - A record 2.8 million households were threatened with foreclosure last year, and that number is expected to rise this year as more unemployed and cash-strapped homeowners fall behind on their mortgages.
55. US Foreclosure Filings Fall 8 Percent in November
- Friday, December 11, 2009
The number of homeowners on the brink of foreclosure fell in November, the fourth straight monthly decline, as mortgage companies evaluated whether borrowers were eligible for help.
Nearly 307,000 households, or one in every 417 homes, received a foreclosure-related notice in November, down 8 percent from a month earlier, RealtyTrac Inc. reported Thursday. Banks repossessed about 77,000 homes last month, down slightly from October.
56. Weak Homebuilding a Drag on Economic Recovery
- Thursday, November 19, 2009
WASHINGTON - The budding economic recovery isn't getting much help from the home-building industry, which normally creates jobs and drives growth when a recession ends.
Uncertainty over whether a homebuyer tax credit would be extended weighed down construction last month – a sign of how much the fledgling recovery depends on government support.
57. U.S. Foreclosures Dip in October
- Friday, November 13, 2009
NEW YORK (AP) – The number of homeowners on the brink of losing their homes dipped in October, the third straight monthly decline, as foreclosure prevention programs helped more borrowers.
But foreclosure filings are still up 19 percent from a year ago, RealtyTrac Inc. reported Thursday, and rising job losses continue to threaten the stabilizing trend.
58. US Foreclosures Rise 5% From Summer to Fall
- Friday, October 16, 2009
The number of households caught up in the foreclosure crisis rose more than 5 percent from summer to fall as a federal effort to assist struggling borrowers was overwhelmed by a flood of defaults among people who lost their jobs.
59. Meltdown 101: Housing Help Lags High Expectations
- Monday, September 14, 2009
WASHINGTON (AP) - The government set expectations sky-high earlier this year when President Barack Obama launched an effort to help up 7 to 9 million homeowners avoid foreclosure.
Now, reality is setting in. The effort, dubbed Making Home Affordable, appears on pace to make a far smaller impact on the foreclosure crisis than officials had hoped.
60. Foreclosure Filings Dip From July to August
- Friday, September 11, 2009
The number of U.S. households threatened with losing their homes held steady last month, a sign that lenders’ efforts to help distressed borrowers may be having a gradual impact.
But one month does not make a trend.
61. Last-Minute Negotiations Ease Some Foreclosures
- Monday, August 24, 2009
LOUISVILLE, Ky. (AP) - Peter and Gina Fochtman sat stone-faced at the courtroom table. Across from them was the man who could determine their family's future: an attorney for the bank trying to foreclose on their home.
62. July Foreclosures Up 7 Percent from June
- Friday, August 14, 2009
WASHINGTON (AP) – The number of U.S. households on the verge of losing their homes rose 7 percent from June to July, as the escalating foreclosure crisis continued to outpace government efforts to limit the damage.
63. Mortgage Aid Program Helping Fraction of Borrowers
- Wednesday, August 05, 2009
WASHINGTON (AP) – The government’s $50 billion program to ease the foreclosure crisis is helping only a tiny fraction of struggling homeowners.
As of July, only 9 percent of eligible borrowers had seen their mortgage payments reduced. And a progress report on the plan Tuesday showed 10 lenders had not changed a single loan.
64. Foreclosures Rise 15% In First Half of Year
- Friday, July 17, 2009
The number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of the year as more people lost their jobs and were unable to pay their monthly mortgage bills.
65. Lawmakers Frustrated With Foreclosure Aid Programs
- Friday, July 17, 2009
WASHINGTON (AP) - Lawmakers vented Thursday about the government's inability to solve the nation's housing woes as fresh data showed foreclosure filings continued to rise.
Sen. Christopher Dodd., D-Conn., chairman of the Senate Banking Committee, called the overall lack of progress by the government "disgraceful." He noted that borrowers are facing long delays as they try to get help.
66. US, Local Foreclosures Fall In May
- Friday, June 12, 2009
WASHINGTON (AP) – The number of U.S. households on the verge of losing their homes dipped in May from April, and the annual increase was the smallest in three years.
But as layoffs, rather than risky mortgages, become the main reason that borrowers now default on their home loans, foreclosures likely will remain elevated this year and into 2010. Many economists expect unemployment, now at 9.4 percent nationwide, to rise as high as 10 percent, and some project it will exceed the post-World War II record of 10.8 percent.
67. Can't Refinance? Try Your Congressman
- Monday, June 08, 2009
WASHINGTON (AP) - Can't afford your mortgage payment? If the bank won't take your call, your member of Congress just might.
Several lawmakers whose districts are drowning in foreclosures are taking unprecedented steps to help people stay in their homes, including picking up the phone themselves to negotiate with banks on behalf of their constituents.
68. AP: FEMA May Put Storm Victims in Foreclosed Homes
- Thursday, June 04, 2009
MIAMI (AP) - The federal government is exploring how to put Florida hurricane evacuees in foreclosed homes if a Katrina-like storm devastates the region and shelters, hotels and other housing options are full, The Associated Press has learned.
69. Obama Administration To Expand Housing Plan
- Friday, May 15, 2009
WASHINGTON (AP) – The Obama administration expanded its $50 billion mortgage aid program on Thursday, announcing new measures that would help homeowners avoid foreclosure if they don’t qualify for other assistance.
70. RealtyTrac: April Foreclosures Rise 32 Percent
- Thursday, May 14, 2009
MIAMI (AP) - The number of U.S. households faced with losing their homes to foreclosure jumped 32 percent in April compared with the same month last year, with Nevada, Florida and California showing the highest rates, according to data released Wednesday.
71. Obama Administration Expands Housing Aid Plan
- Wednesday, April 29, 2009
WASHINGTON (AP) - The Obama administration said Tuesday it is expanding its plan to stem the housing crisis by offering mortgage lenders incentives to lower borrowers' bills on second mortgages.
72. Tennessee Sees Fewer Foreclosures in January
- Friday, February 13, 2009
Tennessee saw 3,662 total foreclosure filings in January, a decrease of 5.7 percent from December and a 13.6 percent decrease from January 2008, according to RealtyTrac Inc.
73. Fed Moves to Help Distressed Homeowners
- Thursday, January 29, 2009
WASHINGTON (AP) – With foreclosures spiking, the Federal Reserve is taking steps to try to keep some distressed borrowers in their homes.
Under the program, the Fed has a number of options to provide relief, including lowering the amount the homeowner owes on the mortgage, reducing the interest rate or lengthening the term of the loan.
74. US Foreclosure Filings Up 81 Percent in 2008
- Friday, January 16, 2009
More than 2.3 million American homeowners faced foreclosure proceedings last year, an 81 percent increase from 2007, with the worst yet to come as consumers grapple with layoffs, shrinking investment portfolios and falling home prices.
75. Foreclosure Activity Drops to June Levels
- Friday, December 12, 2008
WASHINGTON (AP) - The number of American homeowners dragged into the housing crisis fell last month to the lowest level since June as new state laws lengthened the foreclosure process, RealtyTrac reported Thursday.
76. Foreclosure Rates Up 25% Year-Over-Year
- Friday, November 14, 2008
The number of homeowners caught in the wave of foreclosures in October grew 25 percent nationally over the same month in 2007, data released Thursday showed.
More than 279,500 U.S. homes received at least one foreclosure-related notice in October, an increase of 5 percent over September, according to RealtyTrac Inc. One in every 452 housing units received a foreclosure filing, such as a default notice, auction sale notice or bank repossession.
77. US Foreclosure Filings Up 71 Percent in Q3
- Friday, October 24, 2008
The number of homeowners ensnared in the foreclosure crisis grew by more than 70 percent in the third quarter of this year compared to the same period in 2007, according to data released Thursday.
Nationwide, nearly 766,000 homes received at least one foreclosure-related notice from July through September, up 71 percent from a year earlier, reported foreclosure listing service RealtyTrac Inc.
78. Foreclosure Filings Increase, But at Slower Rate
- Monday, September 15, 2008
Foreclosure filings in August increased 27 percent compared to the same month
a year ago, a significantly slower pace than in previous months, according to data released last week.
Nationwide, 303,800 homes received at least one foreclosure-related notice in August, up 12 percent from July, RealtyTrac Inc. reported. That means one in every 416 U.S. households received a foreclosure filing last month.
79. Consumer Prices Surge, Job Market Remains Strained
- Monday, August 18, 2008
WASHINGTON (AP) - Inflation is running at the fastest pace in 17 years, the job market is under further strain and foreclosure filings are surging.
A raft of gloomy economic data on Thursday represented a setback for those hoping to see signs of better times ahead and it may keep the Federal Reserve jammed between rising inflation and slowing growth.
80. U.S. Foreclosures Surge 55 Percent
- Friday, August 15, 2008
WASHINGTON (AP) – The number of homeowners stung by the dramatic decline in the U.S. housing market jumped last month as foreclosure filings grew by more than 50 percent compared to the same month a year ago, according to data released Thursday.
81. US Foreclosure Filings More Than Double in Q2
- Monday, July 28, 2008
The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to data released Friday.
Nationwide, 739,714 homes received at least one foreclosure-related notice during the quarter, or one in every 171 U.S. households, Irvine, Calif.-based RealtyTrac Inc. reported. That’s up 121 percent from the second quarter of 2007.
82. US Foreclosures Surge 53 Percent In June
- Friday, July 11, 2008
WASHINGTON (AP) – The number of homeowners stung by the rout in the U.S. housing market jumped last month as foreclosure filings grew nationally by more than 50 percent compared with June a year ago, according to data released Thursday.
83. Lenders Pledge Speedy Response on Loan Help
- Tuesday, June 17, 2008
WASHINGTON (AP) - Mortgage companies are pledging to let troubled borrowers know whether they're approved for help within 45 days of receiving a homeowner's application.
The promise is expected to be announced Tuesday by the Hope Now Alliance, a Bush administration-backed industry group. The new efforts come as the industry draws fire for not doing enough to alleviate the housing crisis.
84. US Foreclosure Filings Up 48 Percent in May
- Monday, June 16, 2008
WASHINGTON (AP) – The number of U.S. homeowners swept up in the housing crisis rose further last month, with foreclosure filings up nearly 50 percent compared with a year earlier, a foreclosure listing company said Friday.
85. Tennessee Foreclosure FilingsRank 13th Nationally
- Thursday, May 01, 2008
Tennessee ranked 13th in first-quarter foreclosure filings - including default notices, auction sale notices and bank repossessions - with 12,389 filings, a 72 percent jump from first quarter 2007, according to RealtyTra
86. Homes Facing Foreclosure More Than Doubled in Q1 From 2007
- Wednesday, April 30, 2008
LOS ANGELES (AP) - The number of U.S. homes heading toward foreclosure more than doubled in the first quarter from a year earlier, as weakening property values and tighter lending left many homeowners powerless to prevent homes from being auctioned to the highest bidder, a research firm said Monday.
87. March Foreclosure Filings Soar 57 Percent
- Wednesday, April 16, 2008
The onslaught of homes facing foreclosures has yet to ebb, a research report showed Tuesday, with bank repossessions skyrocketing last month as more troubled homeowners mailed in their keys and walked away.
88. US Foreclosures JumpNearly 60% in February
- Friday, March 14, 2008
Nearly 60 percent more U.S. homes faced foreclosure in February than in the same month last year, with Nevada, California and Florida showing the highest foreclosure rates, a research firm said Wednesday. Tennessee had t
89. When Grown Men Cry: Feb. Foreclosures Cause For Further Suffering In Local Market
- Tuesday, March 11, 2008
Despite a wealth of news about the growing foreclosure epidemic in Memphis and Shelby County, many at-risk homeowners don't believe they're in jeopardy of losing their homes.
They don't understand that the interest rate on their adjustable-rate mortgages (ARM) has reset or will soon, and they're definitely not prepared for a monthly payment that's poised to balloon beyond their means.
90. Residential ForeclosuresTotal 517 in February
- Monday, March 10, 2008
Residential foreclosures in Shelby County reached 517 for February, according to the most recent data from real estate information company Chandler Reports, www.chandlerreports.com.
91. No End in Sight: Housing in Freefall Until Credit Loosens and Supply Recedes, Experts Say
- Thursday, February 28, 2008
NEW YORK (AP) - House prices may still have a long way to fall.
Across much of the nation, home values are dropping - even those backed by solid mortgages - and banks are repossessing more every day. Most experts say the dive won't hit bottom for another year and only after excess inventory is sharply reduced and credit markets improve.
92. Number of US Homes Facing Foreclosure Jumps 57 Percent in January
- Wednesday, February 27, 2008
LOS ANGELES (AP) - The number of homes facing foreclosure jumped 57 percent in January compared to a year ago, with lenders increasingly forced to take possession of homes they couldn't unload at auctions, a mortgage research firm said Monday.
93. Foreclosure Bite Deepens in Usual Suspects; Suburbs Feel It Too
- Wednesday, February 27, 2008
Steve Lockwood doesn't need to review an economic impact study or read a housing report to understand how foreclosures have taken a toll on the community where he works.
As executive director of the Frayser Community Development Corp., Lockwood experiences it daily when he drives past shuttered, dilapidated homes. He sees it in the weary faces of people holding tissues to wipe back tears as they ask for help.
94. Foreclosures Total728 for January
- Tuesday, February 26, 2008
Shelby County had 728 foreclosures in January, according to the most recent data from real estate information company Chandler Reports, www.chandlerreports.com. Residential foreclosures led the way with 680, while there
95. Foreclosures Rising as Share of Sold Homes in Hard-Hit Cities, Hurting Prices
- Wednesday, February 13, 2008
WASHINGTON (AP) - A growing share of home sales are from foreclosures, especially in states hardest hit by the housing bust. In some parts of California lately, nearly 50 percent of home sales come from foreclosed houses.
96. Number of US Homes In Foreclosure Soared 79 Percent in '07
- Wednesday, January 30, 2008
LOS ANGELES (AP) - The number of U.S. homes that slipped into some stage of foreclosure in 2007 was 79 percent higher than in the previous year, a real estate tracking company said Tuesday. Many home-
owners started to fall behind on mortgage payments in the last three months, setting the stage for more foreclosures this year.
97. S&P Says November Home Prices Fell at Record Pace; 2nd Study Found Prices Mostly Unaffordable
- Wednesday, January 30, 2008
NEW YORK (AP) - U.S. home prices plunged by a record 8.4 percent in November, marking two years of slowing returns, according to a key index released Tuesday.
However, housing is only slightly more affordable for many American workers, a separate study found.
98. Workshops Abound For Would-Be Real Estate Investors
- Tuesday, January 08, 2008
In this era of foreclosures, one person's loss appears to be another person's gain.
The evidence lies in the rash of workshops on how to invest in real estate coupled with the increasing number of foreclosed homes for sale either by lenders or at auctions.
99. Interest Rate Freeze Could Have Minimal Impact in Memphis
- Tuesday, December 11, 2007
U.S. homeowners facing a spike in the interest rates of their adjustable-rate mortgages could benefit from a plan outlined last week by the Bush administration, but how much aid it brings to Memphis and the Mid-South remains to be seen.
100. Bush Mortgage Plan Will Freeze Certain Subprime Interest Rates for 5 Years
- Thursday, December 06, 2007
WASHINGTON (AP) - One wag has called it the "teaser freezer." But whatever the name, it is going to mean relief for thousands of homeowners facing a painful jump in their mortgage rates in coming months.