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A collection of news and information related to Foreclosures published by this site and its partners.
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PRESS RELEASE: Banks offering unprecedented cash incentives to homeowners in danger of losing homes to foreclosure
EL CENTRO – Distressed homeowners in Imperial Valley can now take advantage of historically unprecedented cash incentives to sell the home they can’t afford. Because of the unique nature of today’s market, new bank and government...Tags: Citigroup Incorporated, Real Estate Sellers, Real Estate, Services and Shopping
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Local housing market sees drop in foreclosures
Staff Writer, Copy EditorAfter an unforeseen medical condition prompted her husband into early retirement, “Tina” and her husband found it increasingly difficult to make mortgage payments on their Brawley home of 10 years. The couple initially sought a loan...Tags: Homes, Fannie Mae, Loans, Rentals, Real Estate Sales
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County will rescue foreclosed houses
Imperial Valley Press Staff WriterImperial County will use $1.71 million to start a neighborhood stabilization program. “I think it’s a really good program,” said Imperial County Supervisor Raymond Castillo. Under the first-time buyer aspect of the program,...Tags: Homes, Personal Income, Rentals
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Foreclosure rate is different here; doesn't fit findings
Imperial Valley PressA drop in foreclosures statewide doesn’t necessarily mean Imperial County is out of the basement yet. At least that’s what one local businessman in the real estate business had to say Sunday after a discussion about DataQuick Information...Tags: Homes, San Diego (San Diego, California), Imperial County (California), California, Realty
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Homeowner wins foreclosure fight against bank
Imperial Valley Press StaffCALEXICO — A San Diego-based law firm helped prevent the illegal foreclosure on a northeast Calexico resident’s home. Calexico resident Eleazar Salazar built his home in 2001 using a loan and received a loan modification in 2009. He was...Tags: Homes, California, Real Estate, Laws, San Diego (San Diego, California)
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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: Tamarac, Deerfield Beach, Federal Deposit Insurance Corporation, Loans, Banking
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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: Financial and Business Services, JPMorgan Chase & Co., Citigroup Incorporated, Mortgages, Office of the Comptroller of the Currency
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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: Economy, Business and Finance, Realty, Condos and Houses, Federal Housing Administration, Finance
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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: New Britain, Arts and Culture, Housing and Urban Planning, Rentals, Politics
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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: Financial and Business Services, Justice System, Bankruptcy, Mortgages, Crime, Law and Justice
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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: Financial and Business Services, Consumers, Fannie Mae, Federal Housing Administration, Finance
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Ask a real estate pro: Son's ex-wife won't go along with a short sale
Sentinel CorrespondentBoard-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/housekeys each Friday. To ask him a question, click here. Q: My husband and I cosigned a loan for our son and his now ex-wife. Our son stayed in the...Tags: Financial and Business Services, Justice System, Legal Services, Lawyers, Crime, Law and Justice
Feb 4, 2013
|Story| Imperial Valley Press Online
Aug 28, 2012
|Story| Imperial Valley Press Online
Jul 21, 2011
|Story| Imperial Valley Press Online
Jan 31, 2011
|Story| Imperial Valley Press Online
May 17, 2011
|Story| Imperial Valley Press Online
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
May 16, 2013
|Story| South Florida Sun-Sentinel
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