Foreclosure News

• Wells, Citi Halt Most Foreclosure Sales as OCC Ratchets Up Scrutiny - American Banker (subscription) May 17, 2013
  Wells, Citi Halt Most Foreclosure Sales as OCC Ratchets Up ScrutinyAmerican Banker (subscription)The bank's foreclosure sales in five Western states - California, Nevada, Arizona, Oregon and Washington - dropped from as many as 349 a day in April to fewer than 10 a day across the entire region, according to Foreclosure Radar, a California real ...Wells […]
• Former Kiss guitarist Ace Frehley to fight Yorktown foreclosure - The Journal News | LoHud.com May 17, 2013
  Former Kiss guitarist Ace Frehley to fight Yorktown foreclosureThe Journal News | LoHud.comThe guitarist faces a June 11 foreclosure conference at Westchester County Court in White Plains regarding his home at 1347 Spring Valley Road. If he or his attorney can't attend, the court must be informed a week beforehand, according to the May 8 notice.and more […]
• Using eminent domain to fix Newark's foreclosure crisis: Opinion - The Star-Ledger - NJ.com (blog) May 17, 2013
  Using eminent domain to fix Newark's foreclosure crisis: OpinionThe Star-Ledger - NJ.com (blog)The foreclosure crisis has laid waste to Newark and impaired our economic recovery. What's measurable is the price tag: $56 million in additional city services to maintain abandon homes; $630 million in underwater debt on mortgages still held by Newark .. […]
• Oxford Township completes foreclosure process on OxWall property - The Express Times - LehighValleyLive.com May 17, 2013
  Oxford Township completes foreclosure process on OxWall propertyThe Express Times - LehighValleyLive.comOfficials announced Wednesday that the May 9 deadline for challenging the foreclosure had come and gone without a single protest, completing the transfer of the property over to the township in lieu of the taxes owed. "We have full control of that ... […]
• Foreclosure, finally, for the Shore Club in South Beach - MiamiHerald.com May 17, 2013
  MiamiHerald.comForeclosure, finally, for the Shore Club in South BeachMiamiHerald.comYears after the process started, a final judgment of foreclosure was entered Monday against the owners of the Shore Club on Miami Beach. Once a celebrity hangout, the hotel at 1901 Collins Ave. struggled during the recession and failed to recover its ...South Beach's Sh […]
• Downtown Dallas' One Main Place tower set for June foreclosure - Dallas Morning News May 17, 2013
  Dallas Morning NewsDowntown Dallas' One Main Place tower set for June foreclosureDallas Morning NewsBut only the single modern tower made it off the drawing boards. One Main Place is just the latest downtown office high-rise that wound up in foreclosure because of pre-recession mortgages. Earlier this year, lenders foreclosed on the 50-story ...Another […]
• Foreclosure Crisis Cost US $192.6 Billion In Lost Wealth Last Year, Study Finds - Huffington Post May 16, 2013
  Foreclosure Crisis Cost US $192.6 Billion In Lost Wealth Last Year, Study FindsHuffington PostAmericans lost $192.6 billion in wealth, or an average of $1,700 per household, last year due to foreclosures, according to a report released Thursday by the Alliance for a Just Society, a coalition of progressive grassroots organizations across the ... […]
• Facing Foreclosure And Eviction, Family Finds Winning Lotto Ticket - CBS2 Chicago May 16, 2013
  Chicago TribuneFacing Foreclosure And Eviction, Family Finds Winning Lotto TicketCBS2 ChicagoRicardo Cerezo holds an oversized check for $4.85 million after cashing in a winning Lottery ticket his wife found in a cookie jar, just as the family was facing eviction from their home in Geneva. (Credit: Illinois Lottery) ...Illinois Man Facing Foreclosure Finds $ […]
• Colorado foreclosure filings plummet 41 percent in the first quarter - Denver Post May 16, 2013
  Colorado foreclosure filings plummet 41 percent in the first quarterDenver PostForeclosure filings plummeted 41.3 percent during the first quarter of 2013 compared to the same period of 2012, the Colorado Division of Housing said Thursday. There were 4,571 foreclosure filings reported during the first quarter of 2013, compared to ...Boulder County posts stat […]
• Downtown Dallas' One Main Place tower facing foreclosure - Dallas Morning News (blog) May 16, 2013
  Dallas Morning News (blog)Downtown Dallas' One Main Place tower facing foreclosureDallas Morning News (blog)The 32-story One Main Place tower at Main and Griffin streets has been a downtown landmark since it opened in 1968. Lenders have filed to foreclose on the building next month after the owners defaulted on $69 million in debt, according to document […]