Distressed

As housing prices continue their climb toward pre-recession levels, enabling homeowners to regain equity, mortgage foreclosures and delinquency rates in the Bradenton-Sarasota, Fla., region remain on the decline.

The number of homes with a foreclosure filing increased 5% in May over the previous month, as properties entering the process also increased by 5%.

The blighted property review committee wants to take a multipronged approach to addressing neglected properties in Hazelton, Pa.

Kroll Bond Rating Agency reports rapidly rising losses on loans secured by commercial properties in Texas and in Houston, driven locally by high vacancy in the office market.

Jenni Leocadio vowed not to go couch surfing at her sister's again after getting evicted from her two-story Santa Ana, Calif., apartment in April.

Three Northern California men, including one of Oakland's largest landlords, were convicted of creating a massive bid-rigging scheme to scoop up hundreds of foreclosed properties at suppressed prices.

Wayne Francis, the lawyer and real estate speculator captured while hiding in a Connecticut hotel room over the holiday weekend, was presented in court Tuesday on a larceny charge and held on a $2 million bond.

Philadelphia homeowners at risk of foreclosure over past-due property taxes could be given free housing counseling and have their debt deferred under a program being developed by City Council.

Foreclosure activity continued to sink in Southwest Florida last month, tracking the statewide and national trends.

Fannie Mae has a $1.8 mortgage foreclosure lawsuit pending with FFH of Fort Smith Limited Partnership and several other local entities over the Rock Creek apartments on North 50th Street in Fort Smith, Ark.