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Tag Archives: RealtyTrac

Lenders step up foreclosure intent filings

Maryland housing officials say lenders have filed an average of 15,000 intent notices per month against homeowners since January, indicating a new wave of foreclosures may soon hit the state. The disclosure came Thursday after a national report from RealtyTrac ...

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Mortgage default warnings surged in August

LOS ANGELES — Banks have stepped up their actions against homeowners who have fallen behind on their mortgage payments, setting the stage for a fresh wave of foreclosures. The number of U.S. homes that received an initial default notice — ...

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Melody Simmons’ real estate notebook

The Strata Group this week formed a foreclosure unit that will specialize in “all aspects of transforming bank-owned properties into assets for homebuyers and investors in Central Maryland.” The group will offer comprehensive services to entities that control foreclosed properties, ...

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Foreclosure activity slows sharply in February

LOS ANGELES — The number of U.S. homes receiving a foreclosure-related notice fell to a 36-month low last month, as lenders delayed taking action against homeowners amid heightened scrutiny over banks’ handling of home repossessions. Some 255,101 properties received at ...

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Mortgage default notices slow sharply in January

LOS ANGELES — Fewer U.S. homes entered the foreclosure process in January than in any month in more than three years, the latest sign lenders are taking longer to move against homeowners who have fallen behind on mortgage payments. The ...

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