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A collection of news and information related to Foreclosures published by this site and its partners.
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Gary Dourdan Sues Over Foreclosure of His Home
If you ask Gary Dourdan, it's the one percent who are the biggest criminals these days. The former CSI: Crime Scene Investigation star is suing California-based Union Bank, alleging constructive fraud and seeking an injunction against the foreclosure...
Tags: Litigation, Mortgages, Trials, Financial and Business Services
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Illinois foreclosures rise 29 percent in May
TribLocal - Wheaton » NewsIllinois home foreclosure activity rose 29 percent in May compared to the previous month and is 54 percent higher than May of 2011. A report …... -
Furlough Friday: Budget cuts mean an unpaid day off for many at IRS, HUD and other agencies
Associated PressWASHINGTON (AP) — No one answered the tax-help hotline at the IRS on Friday. And you could forget about getting advice on avoiding foreclosures at the 80 Housing and Urban Development field offices nationwide. It was "furlough Friday." Roughly 5...Tags: Public Employees, Taxation, U.S. Department of State, U.S. Department of Housing and Urban Development, Unemployment
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Agents and brokers are holding the foreclosure door wide open for buyers looking for a bargain
Special to the TribuneTwo years ago, Jason Pietrucha read the foreclosure writing on the wall. The mortgage broker saw California's growing default rate and prepared for the home-loan tsunami to hit Illinois. Switching to real estate sales, Pietrucha deals almost exclusively...Tags: Inventories, Services and Shopping, Agriculture, Realty, Homes
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$1.3 billion in consumer relief so far for Marylanders from mortgage settlement
The Baltimore SunMarylanders received more than $1.3 billion in relief from the National Mortgage Settlement during a 12-month period, Attorney General Douglas F. Gansler announced Tuesday. That assistance went to nearly 17,000 mortgage borrowers between March 1, 2012...Tags: Finance, Services and Shopping, Bank of America Corp., Real Estate, Crime, Law and Justice
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Aaron Gordon: Condo associations gain victory over banking lobby
For the second year in a row, Florida's condominium associations dodged a financial bullet when legislators opted to favor voters rather than the powerful banking lobby. It was an important victory for the state's struggling community associations,...Tags: Finance, Elections, Crime, Law and Justice, Housing and Urban Planning, Interior Policy
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OptimumBank leaders determined to ride out storm
The numbers would make anyone blink: Bad loans account for nearly a fifth of Fort Lauderdale-based OptimumBank's $88.6 million loan portfolio. But this isn't a tale of woe from the Great Recession. It's happening this year. There may be more bad times...
Tags: Fort Lauderdale, Deerfield Beach, Tamarac, Services and Shopping, Federal Deposit Insurance Corporation
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3 big banks nearly halt foreclosure sales after U.S. tweaks orders
Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The banks...Tags: Office of the Comptroller of the Currency, Mortgages, Citigroup Incorporated, JPMorgan Chase & Co., Financial and Business Services
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Deal bolsters prospects for stalled marina project
A stalled residential marina development in Blue Island has been purchased by a south suburban company that built its name rehabbing foreclosed homes. Tinley Park-based Mack Cos. acquired 27 acres at Fay's Point, on a peninsula between the Cal-Sag...
Tags: MB Financial Inc., Federal Housing Administration, Finance, U.S. Department of Housing and Urban Development, Services and Shopping
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READER SUBMITTED: NHSNB, Inc celebrates NeighborWorks America Week
New BritainIn conjunction with National NeighborWorks Week, Neighborhood Housing Services of New Britain, Inc. will present a community housing fair titled "A Place Called Home." The fair will be held on Saturday, June 8,, from 10 a.m. to 2 p.m. at Louis P. Slade...Tags: Interior Policy, New Britain, Politics, Arts and Culture, Rentals
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Son's ex-wife not cooperating with short sale
Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/housekeys each Friday. To ask a question, go to SunSentinel.com. Q: My husband and I co-signed a loan for our son and his now ex-wife. Our son stayed...Tags: Bankruptcy, Services and Shopping, Mortgages, Real Estate, Financial and Business Services
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Short sales routinely show up in credit reports as foreclosures
WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...
Tags: Finance, Services and Shopping, Freddie Mac, Real Estate, Consumers
Mar 13, 2012
|Story| WSBT Radio
Jun 14, 2012
| Chicago Tribune
May 24, 2013
|Story| AP Broadcast
Jun 22, 2008
|Column| Chicago Tribune
May 22, 2013
|Story| Baltimore Sun
May 22, 2013
|Story| South Florida Sun-Sentinel
May 21, 2013
|Story| South Florida Sun-Sentinel
May 19, 2013
|Story| Los Angeles Times
May 17, 2013
|Column| Chicago Tribune
May 17, 2013
|Story| Hartford Courant
May 17, 2013
|Story| South Florida Sun-Sentinel
May 17, 2013
|Story| Los Angeles Times
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