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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.
December 21 -
A Stratford, Conn., man faces up to five years in prison after he pleaded guilty to bankruptcy fraud, according to the Department of Justice.
December 20 -
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.
December 18 -
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.
December 15 -
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.
December 14 -
The council is exploring legislation to collect around $492 million in delinquent real estate taxes that could aid the city’s school district.
December 14 -
A Milwaukee landlord who continued to buy foreclosed properties at auction after being sanctioned, must pay $64,550 in municipal court fines that he has been effectively dodging as far back as 2009, a Wisconsin Court of Appeals judge ordered.
December 13 -
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.
December 12 -
Early-stage mortgage delinquencies had their largest year-over-year gain during September in over eight years, a direct result of Hurricanes Harvey and Irma.
December 12 -
Fannie Mae and Freddie Mac will suspend the evictions of foreclosed single-family properties during the holiday season, according to the government-sponsored enterprises.
December 11