You Searched For "foreclosure crisis" and got 20 results
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1 min read
Foreclosure Inventory Is Down 37% From A Year Ago - But The News Isn't All Good
"The pace of completed foreclosures slowed in May compared to last month but I expect this to be a …
Mamta Badkar
2 mins read
There was a big spike in banks repossessing foreclosed homes in April
While that's a big tick up in the overall number of foreclosures, RealtyTrac observed that this is …
Andy Kiersz
2 mins read
Why New Jersey Has Passed Florida For The Most Delinquent Mortgages In America
"New York's foreclosure backlog has been made worse by a requirement that lenders positively affirm…
Mamta Badkar
1 min read
14 US Housing Markets Struggling With Foreclosures
"The biggest threat from foreclosures going forward is properties that have been lingering in the f…
Mamta Badkar
2 mins read
New Jersey Is The Only State Where Foreclosures Continue To Rise
We previously talked about New Jersey taking over the top spot for the state with the most delinque…
Mamta Badkar
1 min read
The Inventory Of Foreclosed US Homes Falls For The 32nd Straight Month
"While 32 straight months of year-over-year decline in the foreclosure rate is cause for celebratio…
Mamta Badkar
2 mins read
Americans aren't likely to lose their homes if the real estate bubble bursts, 2 economists say
"If buyers can't afford to pay their mortgages, they can sell their homes, pay off their mortgages …
Alcynna Lloyd
1 min read
The Number Of US Homes Lost To Foreclosure Fell 20%
Completed foreclosures in the U.S. fell 20% year-over-year to 55,000 in June, according to CoreLogi…
Mamta Badkar
1 min read
12 US housing markets getting rocked by foreclosures
"The widespread rise in foreclosure activity in the third quarter compared to a year ago is the res…
Bob Bryan
3 mins read
Don't expect a wave of short sales and foreclosures during this housing downturn — homeowners have too much equity
Since the 2008 housing crisis, lending standards have tightened and homeowner equity has soared to …
Alcynna Lloyd
2 mins read
One of the deepest wounds of the US financial crisis has finally healed
"It must be remembered that after declining steadily since 2010, the delinquency rate has now retur…
Bob Bryan
3 mins read
The 2008 housing crisis came with a wave of foreclosures — here's why it won't happen this time
Millions of Americans lost their homes after the last housing bubble popped, but homeowners have si…
Alcynna Lloyd
1 min read
13 markets where you're most likely to see vacant, 'zombie' homes
ATTOM Data Solutions, formerly known as RealtyTrac, calls these "zombie" homes. "Zombie" homes have…
Bob Bryan
3 mins read
Meet the New Yorkers trying to flip vacant 'zombie' buildings into affordable homes as real-estate demand in the city boils over
Housing advocates are using New York's "zombie law" to introduce more affordable housing to the Big…
Alcynna Lloyd
3 mins read
Drowning in student debt is like being underwater on your mortgage, but there's nothing like foreclosure for student loans
Homeowners can exit a mortgage through foreclosure, but for those with student debt, there's no eas…
Ayelet Sheffey
2 mins read
Biden helps more than 10 million homeowners by extending the foreclosure moratorium through June
The home foreclosures ban, along with the evictions ban, had already been extended by President Joe…
Ayelet Sheffey
1 min read
Before-and-after photos show Cleveland's abandoned homes that now sell for less than $90,000
Stacia Pugh, a longtime resident, believed that she could turn the neighborhood around. In 2013, sh…
Leanna Garfield
1 min read
Big Banks Wrongfully Foreclosed On More Than 700 Military Members During The Financial Crisis
This discovery was made when Bank of America, Citigroup, JPMorgan Chase and Wells Fargo had to look…
Julia La Roche
2 mins read
The number of Americans getting kicked out of their homes is at an all-time low
"Mortgage originations grew, to $427 billion. About 83,000 individuals had a new foreclosure notati…
Bob Bryan
2 mins read
House passes new coronavirus relief bill for renters and homeowners, as Democrats urge Republicans to negotiate further aid
The bill allocates $100 billion towards rental assistance and establishes a $75 billion fund for ho…