NEW YORK (Reuters) - U.S. foreclosure activity in July rose 55 percent from a year earlier as a slump in once-sizzling housing markets forced yet more borrowers to default on their mortgages, according to a monthly report. Foreclosure filings -- default notices, auction...
Efforts to tighten lending standards appear to have had little effect so far, as reports of mortgage fraud increased 42 percent in the first quarter of 2008 from the same period of 2007. A study released this week by the Mortgage Asset Research Institute Inc., of Reston, Va., showed that...
In what could portend a downward turn in the already stagnant New Orleans real estate market, Orleans Parish ranked 200th in a RealtyTrac survey of July foreclosure filings in 3,141 U.S. counties. The relatively high rate of foreclosures stands in stark contrast to past months of relatively...
Ruhi Maker isn't seeing much sunshine these days. The senior attorney for predatory lending at Empire Justice Center's Rochester office says the number of clients seeking her organization's help with impending foreclosures has exploded and continues to grow. Things have been so busy, Maker said, that...
Greeley, a city known for cattle producing and meatpacking, has been hit hard by the foreclosure crisis. In 2006, it struggled with one of the top foreclosure rates among the nation's largest metro areas, according to RealtyTrac. Last year, the city's filings remained high. Even this...
Foreclosure filings nationwide rose 8 percent from June to July, while Pennsylvania's rose just under 3 percent and New Jersey's dropped 7.56 percent. RealtyTrac Inc., the Irvine, Calif., company that tracks foreclosure filings, reported that the largest increases were, as usual, in Nevada, California and Florida. Nevada leads the list,...
The magnitude of home foreclosures appears to be overwhelming the efforts of lenders to help distressed borrowers keep their homes. To help stem the wave of foreclosures, some lenders have been easing the terms of loans, helping owners refinance or even letting homes be sold for less than...
WASHINGTON AFP — US home foreclosures rocketed 55 percent in the past year, a private research report showed Thursday underlining that the American property market remains mired in a troublesome downturn. The survey, compiled by the California-based research group RealtyTrac, said that foreclosure filings, including default, auction sale...
Utah ranked 14th in the nation in the rate of foreclosure filings in the second quarter of this year, up from 18th during the first quarter, according to a report released Thursday. One in every 226 households in Utah was in foreclosure during the second quarter of...
Activity Increases 121 Percent From Q2 2007 95 of 100 Largest Metro Areas Post Annual Increases IRVINE, Calif., July 25 /PRNewswire/ -- RealtyTracR (http://www.realtytrac.com/), the leading online marketplace for foreclosure properties, today released its Q2 2008 U.S. Foreclosure Market ReportTM, which shows foreclosure filings were...
Following is a summary of technology news releases transmitted today by PR Newswire. The full text of these releases is available at PR Newswire for Journalists at http://media.prnewswire.com/. AQF503 07/25/2008 00:01 r f AL-AT&T-new-tech BIRMINGHAM AT&T Announces $400 Million Planned Investment to Bring New Technology...
WASHINGTON AFP — US home foreclosures leapt nearly 14 percent in the second quarter from the previous quarter, research group RealtyTrac said Friday in a sign of deepening housing woes. On an annual basis, home foreclosure filings soared 121 percent from the same period in 2007, RealtyTrac said...
Although Contra Costa County's foreclosure rate slowed in June, some areas of the county hardest hit by the crisis continue to see the rate hold steady or increase. Countywide, foreclosures dropped 4 percent in June from the previous month (though it was still up 50 percent...
The feverish pace of foreclosure activity abated in the East Bay and other parts of California during June, according to a report released Thursday, but analysts cautioned that it's too soon to hail the results as a rebound for the battered housing market. The number of foreclosed...
LOS ANGELES, July 2 /PRNewswire/ -- This week, Disabled American Veteran, Eric V. Trager, along with business associates, Hugh T. Bonner, Theo Caesar, Cyndie Morrison and Durant Management Corporation, announced the development of a non-profit organization, "American Veterans Have Rights Too" or "AVHRT". The...
- More Free Foreclosure Listing Information Than Any Other National Website - - Opening the Market to Investors and Homebuyers for Below-Market Deals - SEATTLE, June 25 /PRNewswire/ -- ForeclosurePoint, which provides all of the informational tools and resources needed to effectively...
Across America, foreclosure filings jumped nearly 50 percent in May compared to the same time last year -- up 7 percent from April - - but in Maryland, foreclosures have plummeted, largely due to an emergency mortgage law package enacted in early April. ...
Flint, the birthplace of General Motors, is a shadow of its former self as a vibrant industrial town. In the late 1970s, GM employed 80,000 workers in the Flint area; now, only about 8,000 jobs are thought to be left. The losses persist. In May, GM...
Soaring foreclosures are continuing to raise questions about the mortgage industry's claims that lenders are making a dent in the housing crisis. In Utah, the foreclosure rate increased 68.05 percent in May, compared with a year earlier, according to figures released Friday by...
Foreclosure Activity Up 48 Percent From May 2007 IRVINE, Calif., June 13 /PRNewswire/ -- RealtyTracR (http://www.realtytrac.com/), the leading online marketplace for foreclosure properties, today released its May 2008 U.S. Foreclosure Market ReportTM, which shows foreclosure filings -- default notices, auction sale notices and bank...
Articles 2008-06-13
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