Foreclosure filings totaled 925,986 in the first half, up more than 30% from the total recorded in the previous six months and up more than 55% from that of the first half of 2006, according to RealtyTrac, an online foreclosure marketplace based in Irvine, Calif.In its Midyear 2007 U.S. Foreclosure Market Report, RealtyTrac indicates that the foreclosure filings -- default notices, auction sale notices, and bank repossessions -- were reported on 573,397 properties nationwide in the first half. The report also shows a foreclosure rate of one foreclosure filing for every 134 U.S. households. RealtyTrac can be found on the Web at http://www.realtytrac.com.
-
Jumbo lending helped offset a decline in June's credit numbers, as government-backed programs noticeably contracted, the Mortgage Bankers Association said.
1h ago -
Colorado homeowners pay the highest premiums at $463 a month, as insurance costs now exceed property taxes in 15 states, LendingTree found.
2h ago -
CPI inflation remains above the Federal Reserve's 2% target, but the slower rate of increase gives the central bank time to weigh the best course of action.
5h ago -
Movement Mortgage added to its operations leadership and Click n' Close named a new chief information officer.
8h ago -
The award is one-third of the $26 million settlement the parent company of three servicers agreed to earlier this year to settle claims from a 2021 data breach.
8h ago -
Michael Burry, a GSE investor and early predictor of the Great Financial Crisis, is eyeing the senior preferred liquidation preference and a 2028 deadline.
8h ago








