Foreclosures prompt lawsuits against debt collectors - NorthJersey.com


Foreclosures prompt lawsuits against debt collectors
NorthJersey.com
Seven years after the meltdown of the subprime mortgage market, New Jersey continues to be a hotbed of home repossessions by lenders, resulting in reams of foreclosure-fraud and improper-debt-collection complaints that mainly target intermediaries ...


Foreclosures drop sharply in July as housing market recovers - The Hill


Housing Wire

Foreclosures drop sharply in July as housing market recovers
The Hill
Foreclosures plummeted in July, a positive sign for the housing market and broader economic recovery, a new report showed Wednesday. In the past year, the foreclosure rate dropped 21.2 percent, falling to 45,000 last month, the 18th straight month of ...
CoreLogic: Far fewer foreclosures coming to marketHousing Wire
CoreLogic Reports 45000 Completed Foreclosures in JulyInsurance News Net
CoreLogic: US Foreclosures Down 21 Percent In JulyBanker & Tradesman
Mortgageorb -OPP Connect
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You Thought the Mortgage Crisis Was Over? It's About to Flare Up Again - The New Republic


You Thought the Mortgage Crisis Was Over? It's About to Flare Up Again
The New Republic
We are nearly eight years removed from the beginnings of the foreclosure crisis, with over five million homes lost. So it would be natural to believe that the crisis has receded. Statistics point in that direction. Financial analyst CoreLogic reports ...


Helping Prevent Foreclosures - New York Times


New York Times

Helping Prevent Foreclosures
New York Times
A new study finds that the emergency extensions of unemployment benefits during the recession went a long way toward preventing mortgage defaults, even more than government programs meant to prevent foreclosures by focusing only on reducing ...


Foreclosures has an impact on renters, too | Rental Resource - The Seattle Times


Foreclosures has an impact on renters, too | Rental Resource
The Seattle Times
But local foreclosures are still happening. Data provided by RealtyTrac.com shows South King County still being hit hard, particularly in Kent, where one out of every 894 homes is in foreclosure, and Auburn, where the rate is one out of every 744 homes.


HUD Says $15.8 Billion of Loan Sales Cut Foreclosures - Bloomberg


HUD Says $15.8 Billion of Loan Sales Cut Foreclosures
Bloomberg
The sale of $15.8 billion in nonperforming loans by the U.S. Housing and Urban Development Department cut losses to its troubled insurance fund and helped stop foreclosure for about 6,400 homeowners, the agency said. HUD has sold more than 91,000 ...
HUD says $15.8 billion of loan sales cut losses, foreclosuresColumbia Daily Tribune

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