Latest Foreclosures Articles

While the U.S is currently in the midst of the largest bout of home foreclosures in at least 30 years, at least one economist says two more 'waves'...

NEW Foreclosures Loom as Possible Public Health Menace

Mon, Aug 18 2008, 7:00 AM

It seems hard to believe, but there appears to be yet one more thing for which we can blame the mortgage crisis . And this is not a financial probl...

NEW Foreclosures Continue To Climb in July, Says Realty Trac Report

Thu, Aug 14 2008, 7:00 AM

U.S. home foreclosures jumped by 55% from the previous month's year-over-year results, according to RealtyTrac's July 2008 U.S. Foreclosure Market...

NEW Freddie Mac Doubles Financial Incentives to Servicers Who Help Borrowers Avoid Foreclosure

Thu, Jul 31 2008, 7:00 AM

Freddie Mac today told mortgage servicers it was doubling the amount of money it pays for each workout that keeps a delinquent borrower with a Fr...

NEW Hope Now Alliance Saves 1.9 Million Homes From Foreclosure

Wed, Jul 30 2008, 7:00 AM

Mortgage service providers have staved off the foreclosure of 1.9 million homes in the past year in what has been the largest bailout the housing ...

NEW Foreclosures Spike by 121% from Previous Year, Says Report from RealtyTrac

Fri, Jul 25 2008, 7:00 AM

U.S. home foreclosures soared by 121% in second- quarter year-over-year results, according to a report issued by RealtyTrac. There were 739,714 ...

NEW U.S. Foreclosure Rates Decline in June, Says Realtytrac

Thu, Jul 10 2008, 7:00 AM

According to Realtytrac's most recent survey, foreclosures in the United States are down 3.0% in June compared to the previous month's levels, but...

NEW American Cities See Record Annual Foreclosure Rate Increases in Q2

Thu, Jul 3 2008, 7:00 AM

Record high foreclosure rates in the second quarter were reported in Los Angeles, Seattle, Miami and New York, according to a report issued by Prop...

NEW Annual Home Foreclosures Soared by 48% in May, Says Report

Fri, Jun 13 2008, 7:00 AM

U.S home foreclosures grew by 7% percent in May and increased by 48% annually, according to a report released by RealtyTrac. That is the highest r...

NEW Increase in U.S. Pending Home Sales Related to Foreclosures, Economist Says

Mon, Jun 9 2008, 7:00 AM

After declining in five of the past six months, U.S. pending home sales unexpectedly jumped 6.3% in April to reach a level of 88.2, the highest leve...

NEW Foreclosures Cost Lenders, Homeowners, the Community Big Bucks

Mon, Jun 2 2008, 7:00 AM

The cost of a foreclosure , it turns out, is pretty staggering and we wonder why lenders and the investors they represent aren't jumping at a sol...

NEW Reader Offers Simple Plan to End Foreclosure Turmoil

Tue, May 27 2008, 7:00 AM

Mortgage News Daily received an email this week from a reader with an intriguing idea for, if not solving, at least lessening the foreclosure crisis...

NEW Bill to Aid Communities Cope With Aftermath of Foreclosure Passes House

Fri, May 9 2008, 7:00 AM

The House late Thursday approved a narrowly focused bill that would provide $15 billion to the states to buy and spruce up foreclosed properties . ...

NEW Jump in Mortgage Foreclosures is "Urgent Problem"

Wed, May 7 2008, 7:00 AM

Fed Governor Randall Kroszner said rising mortgage foreclosures are an " urgent problem " and called on Congress to pass a Fannie Mae and Freddie ...

NEW Foreclosures Must Be Averted for Sake of Economy

Tue, May 6 2008, 7:00 AM

Fed Chairman Ben Bernanke said accelerating rates of foreclosures and delinquencies can have a significant impact on the economy and called for mo...

NEW Fed's Kroszner Says Foreclosures to Increase in '08, Urges FHA Modernization

Wed, Apr 9 2008, 7:00 AM

Testifying before the House Financial Services Panel on Wednesday, he said Fannie Mae and Freddie Mac need to increase their capital and that he s...

NEW Are Programs Beginning to Slow Rate of Foreclosure Growth?

Tue, Feb 26 2008, 8:00 AM

Despite the many programs gearing up or in place to help homeowners resolve problems with their mortgages, foreclosure related activities continue...

NEW "Foreclosure Avalanche" Prompts Servicer Survey

Thu, Feb 7 2008, 8:00 AM

In a conference call/press conference on Thursday, the Conference of State Bank Supervisors ( CSBS ) released its first report on loss mitigation e...

NEW RealtyTrac Report Confirms Foreclosures Skyrocketing

Tue, Jan 29 2008, 8:00 AM

RealtyTrac� an Irvine, California based firm that bills itself as the "leading online marketplace" released its 2007 U.S. Foreclosure Market Report ...

NEW Foreclosure Filing Up 68 Percent Since November 2006 Per RealtyTrac

Thu, Dec 20 2007, 8:00 AM

RealtyTrac, Inc., a company that tracks delinquencies and foreclosures was reporting Thursday that the number of foreclosure filings in November w...

NEW Treasury Secretary Outlines Foreclosure Rescue Plan

Tue, Dec 4 2007, 8:00 AM

Most of the mortgage bigwigs were in Washington, DC on Monday, attending the National Housing Forum sponsored by the U.S. Office of Thrift Supervi...

NEW Foreclosure Scams Can Be Complex Enough To Fool Most

Mon, Sep 24 2007, 7:00 AM

Foreclosure scammers have a wide variety of modes of operation and no limit to the kinds of people they target. Particular favorites are the elderl...

NEW Foreclosure Help Is Available

Mon, Jul 23 2007, 7:00 AM

A lot of people are getting nervous about their mortgages, and some have real reason to worry as they approach the reset dates on their adjustable...

NEW Efforts Made To Help Borrowers Avoid Foreclosure

Fri, Jun 29 2007, 7:00 AM

A few things have happened in the last few days that may ultimately ease what many are calling an onrushing foreclosure train wreck . While some...

NEW GAO To Look At Foreclosure Incidence and Causes After Hearings

Tue, May 1 2007, 7:00 AM

Before we were sidetracked by new and existing home sales reports and falling interest rates we were

NEW MBA Urges Regulatory Restraint as Delinquency and Foreclosures Rise

Mon, Mar 19 2007, 7:00 AM

The Mortgage Bankers Association (MBA) quarterly delinquency report is jammed full of information reported from dozens of different perspectives - a...

NEW Mortgage Delinquency and Foreclosure Rates Remain Low

Thu, Jun 29 2006, 7:00 AM

So far homeowners seem to be keeping their heads above foreclosure in spite of fears that mortgage delinquencies and foreclosures might begin to mou...

NEW Freddie Mac Joins Others In Foreclosure Avoidance Program

Thu, May 11 2006, 7:00 AM

Freddie Mac has joined with 14 other major financial organizations including some of the nation's largest mortgage originating and servicing companies...

NEW Foreclosure Activity Up and Mortgage Defaults To Rise

Wed, Jan 25 2006, 8:00 AM

Foreclosure activity is up over the last year along with an increasing number of mortgage defaults from the Gulf Region.

NEW Stop Foreclosure By Confronting It Head-On

Thu, Aug 4 2005, 7:00 AM

Delinquency rates are low and foreclosure is not something most people worry about, but stuff happens and it is good to know the options and alternati...

NEW Foreclosure Happens, But There Are Solutions

Tue, Aug 2 2005, 7:00 AM

Foreclosure is the last thing a homeowner thinks about when giving a mortgage. But it happens. We will discuss the process and some solutions to a des...

NEW Mortgage Foreclosures and Delinquent Payments Decline

Fri, Jun 24 2005, 7:00 AM

While most mortgages are being paid on time there is a real difference in the performance of prime and sub prime loans.

NEW FHA, Freddie Move To Protect Troops From Identity Theft - Foreclosure

Fri, Jun 17 2005, 7:00 AM

Freddie Mac and FHA announce two small changes that could make a difference for armed forces service men and women.

NEW HUD Pushes Mortgage Lenders To Avoid Foreclosure Losses

Tue, May 3 2005, 7:00 AM

HUD announces programs that both reward and punish mortgage lenders when dealing with defaults on FHA insured mortgages.

NEW Residential Mortgage Foreclosure and Delinquent Payments Decline

Fri, Mar 18 2005, 7:00 AM

New Mortgage Bankers Association survey shows decreases, in some cases dramatic ones, in the rate of late mortgage payments and pending foreclosures.