Distressed

On the long list of those who profited from the misery of the Atlanta-area foreclosure crisis, you can add the name of Clifford Wayne Hill.

Amid tenant departures, ownership shifts, unpaid bills and litigation, the University Square shopping center in University Heights, Ohio, has been in limbo for more than three years.

A decade ago, a home in Connecticut could be sold to another party about 12 months after a borrower stopped paying a mortgage.

It took more than four years before David Bruns was caught stealing from the Montgomery County, Ohio, Prosecutor's office.

U.S. foreclosure activity dropped to its lowest level in more than a decade in February, aided by a steady decline in foreclosure filings in Ohio at the state and local level.

In a move they say could help decrease homelessness, the Los Angeles County Board of Supervisors voted unanimously to look into creating a legal defense program and providing financial assistance to help residents avoid eviction.

Foreclosures in Minnesota last year were about 26% lower than the year before, dropping to the lowest level in more than a decade.

First- and second-lien mortgage default rates increased slightly in February, according to the S&P/Experian Consumer Credit Default Indices.

The number of homes in foreclosure across Washington is down by nearly 40% compared with a year ago.

Modification activity increased slightly in January over December as servicers worked their way through the remaining Home Affordable Mortgage Program applications.

Bank of America has completed its legal settlement obligation with the Department of Justice to provide $7 billion in consumer relief nearly two years ahead of schedule.

Kaja Holdings 2 LLC admitted in court this week that it cannot evict A Milwaukee man from the house he has rented since 2015.

One of the biggest investors in the Marriott Pere Marquette project has filed to start foreclosure proceedings in Peoria County, Ill., Court.

Robeson County, N.C., is losing needed revenue by not taking foreclosure action sooner against property owners who have not paid taxes, according to Commissioner David Edge.

In more good news for the real estate market, thousands of Albuquerque-area residents have regained equity in their homes.

The number of underwater properties nationwide decreased once again in the fourth quarter, CoreLogic reported.

One eviction suit filed stands out from the nearly 900 other evictions filed in Milwaukee County Circuit Court last month.

Dayton, Ohio, had the highest homeowner vacancy rate among major U.S. metro areas last year, according to Census data, but some experts said the statistic contradicts other indicators showing positive housing trends.

Late payments on securitized commercial mortgages resumed climbing in February, after an unexpected pause the previous month, according to Trepp.

New Residential Investment Corp. is readying an offering of bonds backed by both reperforming and nonperforming mortgages.