Distressed

Michigan residents are being urged to take advantage of a federally-funded state program designed to prevent foreclosures, while the money is still available.

The Great Recession, the most painful downturn since the Great Depression, destroyed more than 248,000 jobs in metro Atlanta — about one of every 10 — and led to a quarter-million foreclosures.

Hurricane Irma's price tag in federal disaster assistance now totals $1.95 billion in Florida, including $39 million on the Treasure Coast, according to federal reports.

In 2010, Florida was in the throes of an unprecedented housing crisis. One in every eight homes was in some stage of foreclosure. Today, the foreclosure rate is one in every 83.

The Home Affordable Refinance Program recorded a 45% drop in volume in October from the previous year as it continunes to wind down, according to the Federal Housing Finance Agency.

Tampa Bay has seen two booms in house flipping — one in the mid 2000s, when prices appeared on a steadily upward trajectory and again from 2011 to 2014, when the market was flooded with cheap foreclosures.

PHH Mortgage was the first mortgage servicer to be fined by the New York Department of Financial Services for failing to maintain a "zombie" property.

Two months after the October wildfires leveled more than 3,000 homes in Santa Rosa, Calif., "For Sale" signs are popping on vacant lots in Coffey Park and other fire-ravaged neighborhoods

Secretary of the Commonwealth William F. Galvin has charged a Milton, Mass., man with using a fraudulent house-flipping scheme to convince friends and investors to lend him money that he then used on restaurants, hotels and groceries.

There are fewer Albuquerque-area homeowners underwater on their mortgages compared with last year.