Topic: Rick Sharga
NEW YORK (Reuters) - U.S. mortgage foreclosure filings in August hovered near July's record high despite broad efforts to keep borrowers in their homes and will probably rise for another year, according to a report released on Thursday. Filings -- including notices of default, auction and bank repossession -- dipped 1 percent last month from July's all-time high and were ...
HOUSING: DON'T GET TOO EXCITED JUST YET
Home sales are showing signs of revival in some of the nation's most devastated markets. That's good news, for sure. But two big questions remain: Is this flurry of activity sustainable? And is it a sign that prices nationally are at or near a bottom? Unfortunately for homeowners, on both ...
Despite halts on new foreclosures by several major lenders, the number of households threatened with losing their homes rose 30 percent in February from last year's levels, RealtyTrac reported Thursday. Nationwide, nearly 291,000 homes received at least one foreclosure-related notice last ...
