News & Headlines
A directory of real estate links, outlining the most popular news and other articles as voted on by the BiggerPockets community.
Foreclosures Links
Feds Announce $25B Foreclosure Deal
Government officials announced a record $25 billion settlement with the five biggest banks related to foreclosure abuses including "robo-signing" of documents.
Mortgage settlement could bring billions in relief
Regulators, banks and states attorneys general are hoping to wrap up a possible mortgage settlement deal to help homeowners by this week.
DocX Faces Foreclosure Fraud Charges in Missouri
The charges against DocX, which provided home foreclosure services to lenders across the nation, are one of the few criminal actions to follow reports of widespread improprieties against homeowners.
How 'Shadow Inventory' Is Killing the US Housing Mkt
Recently, there have been lots of positive signs coming out of the real estate market. Foreclosure rates are down, housing starts are up, and homes have appreciated in value in some markets for the first time since 2006.
Florida remains undecided in foreclosure deal
Florida is among a handful of key states that remains undecided whether it will ...
American Foreclosure Bottoms at Atlanta Tower Auction
The U.S. foreclosure crisis has risen to new heights.
Mortgage servicing talks could yield foreclosure settlement
Regulators, banks and states attorneys general are hoping to wrap up a possible mortgage settlement deal to help homeowners by next week.
Home Seizures May Jump 25% as U.S. Foreclosures Resume
Banks may seize more than 1 million U.S. homes this year after legal scrutiny of their foreclosure practices slowed actions against delinquent property owners in 2011, RealtyTrac Inc. said.
Initial foreclosure filings fall 11.9% in fourth quarter
Initial foreclosure filings fall 11.9% in fourth quarter
A Deal on Foreclosures Inches Closer
About one million homeowners facing foreclosure could have their mortgage burden cut by about $20,000 each as part of a long-awaited deal.
Sound Advice for Buying a Foreclosure
Foreclosures present a big bargain for anyone with cash to spare at the moment. But while there's money to be made, people need to be careful when buying a foreclosure to make sure they get value for money
Top 100 U.S. zip codes hit hardest by foreclosures
Neighborhoods boasting modern homes, cul-de-sacs and tree-lined streets in and around Western cities now dominate the list of the top 100 U.S. zip codes hit hardest by foreclosures, according to RealtyTrac.
Foreclosure Settlement between Banks and Government
Underwater homeowners are set for a reprieve after officials announced that a foreclosure settlement between the government and major banks had almost been agreed
Foreclosure reviews to take longer than expected
A government-ordered review of foreclosure cases for errors could take months longer than regulators expected last year.
Foreclosure “Squatters” Goad Lenders and Stand Pat
Mortgage lenders are being taken for a bumpy ride as growing numbers of delinquent borrowers fight foreclosure and find ways to game the system.
Oregon AG Warns of Foreclosure Review Scam
Oregon Attorney General John Kroger has issued a public warning to consumers in the state to be on the lookout for scammers portending to offer independent foreclosure reviews as part of the mandate to major mortgage servicers issued by the OCC an...
Las Vegas real estate and the lower priced market
With median home prices around $100,000 they now reflect the reality of a lower paying service sector economy. Foreclosures and short-sales make up over 70 percent of all sales activity
Vacant Foreclosures Saddle Local Communities With High Costs
A study from the Government Accountability Office (GAO) found that vacant properties rose 51 percent over the span of a decade, from nearly 7 million in 2000 to 10 million in April 2010. Ten states saw vacancies go up by 70 percent or more as a re...
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