From Scott Reckard at the LA Times: 3 big banks nearly halt foreclosure sales after U.S. tweaks ordersSales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised

Some of the nation's largest banks, including Wells Fargo, suspended foreclosure sales in a number of states following guidance issued by federal banking regulators.

The San Francisco Chronicle notes that it is difficult to keep track of foreclosure rates now … let alone during the Great Depression: Foreclosure rates of the late 2000s are often compared with those of the Great Depression, which took place

The housing market may be recovering, but the country is still suffering. Americans lost $192.6 billion in wealth, or an average of $1,700 per household,...

It is no secret that in addition to the well-known phenomenon of "foreclosure stuffing", one of the primary drivers of the artificial housing "recovery" has been the surge of hedge funds and asset managers into purchases of rental units courtesy of n

One in every 905 U.S. homes received a foreclosure filing in April, according to the latest foreclosure data from RealtyTrac. Foreclosure filings were down 5% from March, and 23% from a year ago. While national foreclosure activity fell to a six-year

Lawmakers and federal bank regulators are stepping up scrutiny of a consulting firm that twice bungled payments to consumers in the foreclosure-abuse settlement.

Jon Stewart piled on to the widespread criticism of the Independent Foreclosure Review fiasco.

A high percentage of owners who take part in the Home Affordable Modification Program are unable to maintain their loan mods, data show.Financially strapped homeowners who are close to foreclosure may want to face the music now rather than continuing

Be cautious, even if your financial storm has passed.

Atty. Gen. Kamala D. Harris accuses JPMorgan Chase of running a robo-signing 'debt collection mill' that preyed on consumers.In a lawsuit that echoes the worst abuses of the foreclosure crisis, the state's top law enforcement official is suing the na

Thursday’s suit echoes the wave of foreclosure-related robo-signing accusations that engulfed big US banks, including JPMorgan, almost three years ago

South Florida has relinquished its ranking as the nation's top spot for foreclosures. After posting the No. 1 foreclosure rate for two consecutive months, the...

From the MBA: Mortgage Delinquency Rates Increase, But Foreclosure Inventory Rate Down Sharply The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 7.25 percent of all loans out

    

A few weeks ago we reported on the trouble some victims of wrongful foreclosure had cashing the checks sent to them that were supposed to make up for troubles they’d been through. And now it seems those homeowners aren’t done being frustr

The hedge fund faithful gather in Las Vegas for two annual conferences. | The firm responsible for sending checks to homeowners as compensation for foreclosure abuses has erred again. | Tesla will stop detailing how many reservations exist for its ca

Rust Consulting, which handled the borrower mailings during the Independent Foreclosure Review and is now acting as paying agent, continues to screw up in every way imaginable.

RealtyTrac report shows foreclosure filings at lowest level since February 2007.

NEW YORK, May 9 (Reuters) - Foreclosure activity fell in April to its lowest level in more than six years, the latest sign the recovery in the housing market is on track, a report from RealtyTrac...

NEW YORK, May 9 (Reuters) - Foreclosure activity fell in April to its lowest level in more than six years, the latest sign the recovery in the housing market is on track, a report from RealtyTrac showed on Thursday.

NEW YORK, May 9 (Reuters) - Foreclosure activity fell in April to its lowest level in more than six years, the latest sign the recovery in the housing market is on track, a report from RealtyTrac...

Nearly 100,000 homeowners got checks for incorrect amounts.

WASHINGTON, May 8 (Reuters) - A multi-bank settlement withregulators over past foreclosure abuses ran into new problemswhen some borrowers received smaller checks than they shouldhave, the Federal...

WASHINGTON, May 8 (Reuters) - A multi-bank settlement with regulators over past foreclosure abuses ran into new problems when some borrowers received smaller checks than they should have, the Federal Reserve said on Wednesday.

WASHINGTON, May 8 (Reuters) - A multi-bank settlement with regulators over past foreclosure abuses ran into new problems when some borrowers received smaller checks than they should have, the Federal...

WASHINGTON, May 8 (Reuters) - A multi-bank settlement with regulators over past foreclosure abuses ran into new problems when some borrowers received smaller checks than they should have, the Federal Reserve said on Wednesday.

WASHINGTON, May 8 (Reuters) - A multi-bank settlement with regulators over past foreclosure abuses ran into new problems when some borrowers received smaller checks than they should have, the Federal...

The consulting firm responsible for paying homeowners in a settlement of foreclosure abuses issued some checks in the wrong amounts.

For the millions of Americans who lost their homes in a foreclosure or short sale during the recession, things are starting to look up. In addition to receiving a piece of the $3.6 billion settlement that banks are distributing to borrowers who were

America’s mortgage foreclosure crisis is at least five years old, and two of the nation’s largest banks apparently still can’t handle all the paperwork, Al Lewis reports.

Nationstar Mortgage Holdings halted foreclosure proceedings against home-loan borrowers in 23 states at the request of four state attorneys general, but then resumed the procedures after an internal review of its practices.

Here we go again. Big banks Wells Fargo and Bank of America may be facing additional legal trouble on the mortgage and foreclosure front.

LPS released their Mortgage Monitor report for March today.According to LPS, 6.59% of mortgages were delinquent in March, down from 6.80% in February. LPS reports that 3.37% of mortgages were in the foreclosure process, down from 4.19% in&n

Five years after the near complete financial meltdown of the economy in this country, nothing has really changed. Despite the billions of dollars in settlement fees the banks have shelled out, bad press, and loss of trust, it's pretty much busin

The anti-DeMarco campaign is part of a broader movement to hold Wall Street banks accountable for crashing the economy, destroying the housing wealth of millions of homeowners, and refusing to help families facing foreclosure through no fault of thei

Adam Crain reckoned he was due $125,000. That amount would come as compensation for losing his Oak Harbor, Wash., home to foreclosure while he was...

NEW YORK (TheStreet) -- The number of homes in foreclosure dropped 23% year-over-year in March, according to the latest report from CoreLogic.Approximately 1.1 million homes were in some stage of the foreclosure process, down from 1.5 million in Marc

NEW YORK, April 30 (Reuters) - More foreclosures of U.S. homes were completed in March even as the number of properties sitting in the foreclosure pipeline fell, a report from data analysis firm...

Outside in the world, Safeguard Properties was supposed to be protecting millions of homes that had slid into foreclosure, shoring up and repairing abandoned properties...

It appears that the Office of the Comptroller of the Currency and the Fed dropped the ball yet again on vetting firms involved in the Orwellianly-named Independent Foreclosure Review (IFR)for conflicts of interest. Michael Olenick's expose on Allonhi

NEW YORK (Reuters) - A judge has denied Deutsche Bank AG's bid to dismiss a lawsuit by the city of Los Angeles accusing it of letting hundreds of foreclosed properties fall into disrepair and illegally evicting low-income tenants, a representative fo

A judge has denied Deutsche Bank AG's bid to dismiss a lawsuit by the city of Los Angeles accusing it of letting hundreds of foreclosed properties fall into disrepair and illegally evicting low-income tenants, a representative for the city's attorney

NEW YORK, April 24 (Reuters) - A judge has denied Deutsche Bank AG's bid to dismiss a lawsuit by the city of Los Angeles accusing it of letting hundreds of foreclosed properties fall into disrepair and illegally evicting low-income tenants, a represe

NEW YORK, April 24 (Reuters) - A judge has denied Deutsche Bank AG's bid to dismiss a lawsuit by the city of Los Angeles accusing it of letting hundreds of foreclosed properties fall into disrepair and illegally evicting low-income tenants, a represe

NEW YORK, April 24 (Reuters) - A judge has denied Deutsche Bank AG's bid to dismiss a lawsuit by the city of Los Angeles accusing it of letting hundreds of foreclosed properties fall into disrepair and illegally evicting low-income tenants, a represe

NEW YORK, April 24 (Reuters) - A judge has denied Deutsche Bank AG's bid to dismiss a lawsuit by the city of Los Angeles accusing it of letting hundreds of foreclosed properties fall into disrepair and illegally evicting low-income tenants, a represe

First, though, you should ask whether you even want a home now.