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United States Foreclosure News

More seniors face foreclosures as reverse mortgages bite back - Worcester Telegram


Kotatv

More seniors face foreclosures as reverse mortgages bite back
Worcester Telegram
That's because of what consumer advocates say is a poorly understood loan feature that allows foreclosures when borrowers fall behind on real estate taxes or insurance payments. Recent directives from the federal government have caused more lenders to ...
Friday Round-Up: Why Most Advisers Don't Recommend Reverse MortgagesReverse Mortgage Daily

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Foreclosures: What Role Should a Trustee Play? - Huffington Post


Huffington Post

Foreclosures: What Role Should a Trustee Play?
Huffington Post
It's one of those questions that seems pulled from a final exam at the Harvard Business School but if you're a homeowner caught in the foreclosure wringer it's something worth thinking about. Now, if you're seeking an answer about the trustee's role ...


Ocwen foreclosures frozen after National Mortgage Settlement compliance failure - HousingWire


Ocwen foreclosures frozen after National Mortgage Settlement compliance failure
HousingWire
“Therefore, I will not allow Ocwen to move forward with foreclosures on any borrowers who could have been affected by this failure until each of these borrowers has correct information and a chance to appeal,” Smith continued. According to Smith's ...


Boulder County foreclosures, May 2, 2016 - Boulder Daily Camera


Boulder County foreclosures, May 2, 2016
Boulder Daily Camera
We reserve the right to remove any comment that violates our ground rules, is spammy, NSFW, defamatory, rude, reckless to the community, etc. We expect everyone to be respectful of other commenters. It's fine to have differences of opinion, but there's ...

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Hong Kong's repo man is back at work in the property sector, as harsh economy and falling house prices fuel surge in ... - South China Morning Post


South China Morning Post

Hong Kong's repo man is back at work in the property sector, as harsh economy and falling house prices fuel surge in ...
South China Morning Post
Property foreclosures in Hong Kong continue to mount as home prices deflate, and analysts warn there could be more borrowers failing to pay mortgages on time as the downtrend continues. On Thursday, one high-end luxury apartment sold in a foreclosure ...

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So long, housing crisis?: Low number of foreclosures shows healthier market - The Real Deal Magazine


The Real Deal Magazine

So long, housing crisis?: Low number of foreclosures shows healthier market
The Real Deal Magazine
The United States is finally seeing the light at the end of the tunnel when it comes to home foreclosures. The number of properties in foreclosure dropped by 24,000 to 631,000 in March — the lowest level since before the 2008 housing crisis, Bloomberg ...

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