Foreclosure Listings

Amidst the latest national foreclosure figures which reached a whopping 1.5 million for the first half of the year, the number of California properties belonging to foreclosed home listings dropped during the period covering April to June. According to the report released by a research firm, the number of homes lost …
Source: www.foreclosurelistingsnationwide.com

California REO Property Listing Continues to Climb
The number of homes on REO property listing in Silicon Valley, California is starting to pick up again as banks resumed their activity of selling properties they repossessed from homeowners who failed to pay their mortgages. Data showed that in Santa Clara County, the number of homes on REO property listing …
Source: www.foreclosurelistingsnationwide.com

More Commercial Properties on Bank Foreclosure List Expected
Real estate industry experts are anticipating an increase in the number of New York commercial properties on bank foreclosure list this year. They pointed out that many short-term commercial property mortgages are due for refinancing. The commercial real estate market took longer than the residential real estate market to go sour. …
Source: www.foreclosurelistingsnationwide.com

More than 3 percent of all mortgages in the St. George region of Utah were added to foreclosure list inventories in May, based on foreclosure records in Washington County. Washington County’s foreclosure rate continues to be higher than the nationwide foreclosure rate of one out of every 398 housing units. Utah s …
Source: www.foreclosurelistingsnationwide.com

Billions More for Foreclosed Housing Prevention Program
Billions of dollars more would become available for the Obama administration’s foreclosed housing prevention program if lawmakers allocate a portion of what was left in the $700-billion financial industry bailout program enacted by the U.S. Congress in 2008 to the program. The Treasury Department has not been allocating what was left …
Source: www.foreclosurelistingsnationwide.com

California REO Property Listing Continues to Climb
The number of homes on REO property listing in Silicon Valley, California is starting to pick up again as banks resumed their activity of selling properties they repossessed from homeowners who failed to pay their mortgages. Data showed that in Santa Clara County, the number of homes on REO property listing …
Source: www.foreclosurelistingsnationwide.com

) foreclosures

California Foreclosure Moratorium KCBS Starting today, banks in California cannot foreclose a mortgage without either renegotiating the loan or giving the homeowner three months notice. There have been more than 365,000 foreclosures in California since…(read more) foreclosures

continues to be among the top three in foreclosures by state, its unemployment rate soared to a record 10.1 percent in January. The jobless rate last December was 8.7 percent while the rate in January 2008 was 6.1 percent. The state’s rate is also above the January national unemployment rate of 7.6 percent.
Source: www.foreclosurelistingsnationwide.com

Donovan, Sanford and Tax Foreclosure Properties
Housing and Urban Development Secretary Shaun Donovan defended President Barack Obama’s $75 billion foreclosure program by responding to critics who aver that the program is using the money of responsible taxpayers to support irresponsible borrowers, losers and speculators. There are some people saying that the foreclosure program is unfair to Americans whose assets became tax [...]
Source: www.foreclosurelistingsnationwide.com

Support for Obama s Foreclosure Plan Comes from Various Sectors
Positive reactions on the foreclosure prevention initiative from mortgage professionals, local realtors and builders were noted a day after US President Barack Obama unveiled his program.
Source: www.foreclosurelistingsnationwide.com

in California and Florida have dropped significantly from December to January.
Source: www.foreclosurelistingsnationwide.com

Treasury Nominee Geithner to Oversee Bailout Program Including Foreclosure Prevention
The Senate is scheduled to take on the economic stimulus program which includes the foreclosure prevention and the confirmation of Timothy Geithner as secretary of the Department of Treasury.
Source: www.foreclosurelistingsnationwide.com