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Tag Archives: RealtyTrac

Some states saw spike in foreclosures in February

LOS ANGELES — 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. The ...

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Foreclosure activity edges higher in January

LOS ANGELES — Banks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating after slowing sharply last year while lenders sorted out foreclosure-abuse claims. Foreclosures rose 8 percent nationally last ...

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U.S. foreclosure activity hit 7-month high in Oct.

LOS ANGELES — More U.S. homes entered the foreclosure process in October than in the previous month, with Florida, Pennsylvania and Indiana registering among the largest monthly increases, new data show. Some 77,733 properties received an initial default notice last ...

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Obama offers mortgage relief on Western trip

President Barack Obama is offering mortgage relief to struggling homeowners in hard-hit Nevada and around the country — saying he can’t wait for an “increasingly dysfunctional Congress” to act. The president said Monday that “where they won’t act, I will.” ...

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Realities of Real Estate: Avoiding a double-dip in housing

Recently, there has been much speculation about whether or not we might be on the verge of a double-dip recession. Similarly, in some localities, real estate appears to be sluggish, if not stalled. The economy as a whole and the ...

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