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foreclosures

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A Little Faith Goes A Long Way
Parishioners at Mary Immaculate Church in LA's San Fernando Valley have decided it's all just a matter of faith when it comes to facing foreclosure. Bill Whitaker reports.
Tags: Faith, MoneyWatch, CBS News, CBS Evening News, Mary Immaculate Church, Los Angeles, California, Church, Catholic Church, Foreclosures, Foreclosed Homes, Homes, Economy
Videos 2009-03-08

Additional Resources

How Many Foreclosures Are On Your Block? You Might Be Shocked.
How many foreclosures are on your block? Here's the short answer: A lot. But some officials are wondering if the foreclosure problem is actually a lot bigger than it has been portrayed. In Georgia, the Atlanta Journal Constitution recently surveyed all of the foreclosure legal ads that had been...
Tags: Foreclosure, RealtyTrac, Ilyce Glink
Blog posts 2009-06-22
Foreclosures Are Everywhere
Well, the foreclosure numbers are out for the third quarter, and they're the worst on record. According to RealtyTrac, foreclosure filings (which include default notices, scheduled auctions and bank repossessions) were the highest in Q3 2009 since 2005, when the company began tracking foreclosures. ...
Tags: Foreclosure, RealtyTrac, Foreclosure Filing, Ilyce Glink
Blog posts 2009-10-15
More on Foreclosures: Real Estate Recovery Unlikely for Now
Ray submits: Diana Olick did another piece about foreclosures yesteday and I find the data very interesting. The numbers just speak volumes to the problem at hand and the data is provided by Hope Now Alliance. Apparently people were pretty tough on Diana claiming she...
Tags: US Market, Financial, Ray
External links 2009-09-02
Increasing Foreclosures Haunt Housing Industry in Riverside County, Calif.(Originated from The Press-Enterprise, Riverside, Calif.)
Jun. 8--Rising foreclosures are casting a pall on an otherwise promising housing outlook for Riverside County and Southern California, a national real estate information company reported Friday. The number of trustee's deeds foreclosures recorded in Riverside County increased 21.8 percent in the first four months of...
Tags: Press-Enterprise Inc.
Research articles 1996-06-09
Foreclosures up 2 Percent in Second Quarter 2007 According to Bargain Network
One New Foreclosure Filing for Every 877 U.S. Households in June 2007 SANTA BARBARA, Calif. -- According to recent data compiled by Bargain Network (bargain.com), a leading online provider of real estate foreclosures, pre-foreclosures and for-sale-by-owner property listings and information, the number of foreclosures in the second quarter of...
Tags: Bargain Network
Research articles 2007-07-12
Foreclosures.com: Predatory Lenders Keep Foreclosures High in Phoenix
SACRAMENTO, Calif. -- California-based Foreclosures.com, a real estate investment advisory firm specializing in distressed property, reported today that new notices of trustee sales filed in the Phoenix metro have exceeded 1000 per month for two consecutive quarters after a first quarter surge that approached 1500 per month.
Tags: Phoenix Technologies
Research articles 2004-10-25
ForeclosureS.com: Phoenix Foreclosures Drop in 2nd Quarter, but This May Be the Bottom
SACRAMENTO, Calif. -- ForeclosureS.com, a California investment advisory firm and publisher of foreclosure property lists and learning programs, reported today that filings of new notices of trustee sales in the Phoenix metro area totaled 2,243 in the second quarter of 2005, down from 3,220 in the first quarter.
Tags: Phoenix Technologies
Research articles 2005-08-15
Foreclosures Offer Some Great Deals for First-Time Homebuyers.(Originated from The Orange County Register, Calif.)
Jun. 22--A record number of foreclosures over the past few months is translating into some great deals for first-time homebuyers and real estate investors. Jun. 22--A record number of foreclosures over the past few months is translating into some great deals for first-time homebuyers and real...
Tags: Orange PCS
Research articles 1996-06-22
Foreclosures Skyrocket As ARMs Adjust Up
Foreclosures are still climbing in the United States with August filings double from the previous year, according to reports published by the Associated Press. Foreclosures are still climbing in the United States with August filings double from the previous year, according to reports published by the Associated Press.
Tags: ARM
Research articles 2007-09-24
US Congress mulls mortgage reforms as foreclosures spike
WASHINGTON AFP — US lawmakers voiced alarm Tuesday about surging home foreclosures, as over 500,000 Americans face losing their homes, and debated reforms to boost policing of mortgage lending. Congress is worried about spiking home foreclosures and the collapse of several mortgage lenders, fearing it could worsen a housing...
Tags: FINANCE, mortgage, Mortgages, U.S. Congress
Research articles 2007-03-27
GAO to seek cause of growing foreclosures
Citing the significant rise in residential mortgage foreclosures, leaders of the House Financial Services Committee have requested the Government Accountability Office investigate the extent to which lending practices contribute to increased foreclosures. Chairman Rep. Barney Frank (D.-Mass.) and Rep. Spencer Bachus (R-Ala.) sent a letter with a request to determine...
Tags: General Accounting Office, Leadership, Rep.
Research articles 2007-05-15
Foreclosures ebb, but many Americans still losing homes: study
WASHINGTON AFP — The high number of US home foreclosures ebbed last month, but banks and lenders still filed 223,538 repossession notices against financially stretched Americans, industry data showed Thursday. RealtyTrac, a California-based firm which tracks foreclosures across the country, said in a monthly survey that the rate of...
Tags: Agence France-Presse, bank, California, FINANCE, MARKETING, Mortgages, survey
Research articles 2007-10-11
Home Foreclosures Uproot Families and Destroy Neighborhoods -- What the Industry Can Do to Help
To: POLITICAL EDITORSContact: Christy Bockheim for National People's Action, +1-608- 234-1403 WASHINGTON, March 19 /PRNewswire-USNewswire/ -- National People's Action is in D.C. to tell Congress and the FTC that they must act to protect homeowners and neighborhoods from the devastation of home foreclosures and subprime lending. On the front lines...
Tags: FTC, homeowner, Strategy
Research articles 2007-03-19
Boston-area lenders adopt new strategies to avoid the mess of foreclosures.
By Thomas C. Palmer Jr., The Boston Globe Knight Ridder/Tribune Business News Sep. 2--Commercial property owners all over the Boston area may be defaulting on loans to their empty buildings, but lenders are avoiding foreclosures. In a trend that...
Tags: Boston Globe, strategy
Research articles 2004-09-02
Blight of US home foreclosures may take years to heal
WASHINGTON AFP — The economic blight of mounting home foreclosures in some American communities could take years to heal, according to government officials and housing advocates. Tens of thousands of financially stretched Americans face the prospect of having their homes repossessed in coming months, more than two years after...
Tags: Agence France-Presse, bank, Federal Reserve Board, Ohio
Research articles 2008-06-02
Civil rights groups seek moratorium on foreclosures resulting from predatory loans.
Earlier this year, NLC officers urged Congress to address the rising number of home foreclosures in America's cities and towns. While Congressional efforts are underway, several organizations have come together to urge the mortgage industry itseff to address the issue. Civil rights and consumer advocacy organizations...
Tags: borrower, FINANCE, Mortgages, U.S. Congress
Research articles 2007-04-09
Home, business foreclosures suspended due to flooding in Missouri
The flooding of northeast Missouri and parts of St. Charles County has had a surprising effect on foreclosures: they've decreased. Since the flooding, FEMA has begun declaring parts of Missouri disaster areas. Missouri Gov. Matt Blunt followed suit and also named additional counties disaster areas. In response,...
Tags: Federal Emergency Management Agency, FINANCE, Insurance, Litigation, Missouri, Mortgages, Taxes
Research articles 2008-06-30
Home, business foreclosures suspended due to flooding
The flooding of northeast Missouri and parts of St. Charles County has had a surprising effect on foreclosures: they've decreased. Since the flooding, FEMA has begun declaring parts of Missouri disaster areas. Missouri Gov. Matt Blunt followed suit and also named additional counties disaster areas. In response,...
Tags: Federal Emergency Management Agency, FINANCE, Insurance, Litigation, Missouri, Mortgages, Taxes
Research articles 2008-06-30
Flooding delays hundreds of foreclosures in Missouri
The flooding of northeast Missouri and parts of St. Charles County has had a surprising effect on foreclosures: they've decreased. Since the flooding, FEMA has begun declaring parts of Missouri disaster areas. Missouri Gov. Matt Blunt followed suit and also named additional counties disaster areas. In response,...
Tags: Federal Emergency Management Agency, FINANCE, Insurance, Litigation, Missouri, Mortgages, Taxes
Research articles 2008-06-30
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