Wednesday, May 2, 2012

Foreclosure

  • March foreclosure starts increased a modest 8.1 percent in March over February while foreclosure sales continued to behave somewhat erratically, dropping to their lowest level since December 2010, and most sharply in non-judicial states.
  • (United Press International)
  • Nevada has the nations highest foreclosure rates. In December, 2011, one out of every 177 homes was undergoing foreclosure. Its also true that Nevada has the highest divorce rate in the United States.
  • (Huffington Post)
  • The number of homes entering the foreclosure process rose in March, up 8.1 percent, according to a new report from lender Processing Services, but the volume is down more than 30 percent from a year ago.
  • (CNBC)
  • JACKSONVILLE, Fla., May 2, 2012 /PRNewswire/ -- The March Mortgage Monitor report released by Lender Processing Services, Inc. LPS shows that while March foreclosure starts increased a modest 8.
  • (MSN Money)
  • A MESSAGE to New Jersey homeowners: Brace yourselves. If Trenton has its way, your property values, already bruised and battered from the burst housing bubble, could be on the cusp of a final death blow.
  • (NorthJersey.com)
  • A woman engaged in a bitter battle with Wells Fargo over foreclosure of her southern California home was arrested late Thursday at the tony residence of the banks CFO in San Marino, where she and dozens of supporters were protesting.
  • (msnbc.com)
  • ATLANTA, May 2, 2012 /PRNewswire/ -- Invesco Ltd. (IVZ) today announces that its wholly-owned subsidiaries, Invesco Advisers, Inc. and WL Ross Co.
  • (Yahoo Finance)
  • Short sale is a term that not every person is familiar with when it comes to owning a home, but these two words are helping some struggling homeowners find a way out of foreclosure.
  • (YAHOO!)
  • State lawmakers are planning on raiding $50 million from the foreclosure settlement awarded to the state to make up budget shortfalls.
  • (Transworld News)

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