Foreclosures

Three California men who previously operated Star Reliable Mortgage were ordered to pay $1.1 million in restitution and are facing multiyear prison terms related to a foreclosure rescue scheme.

The largest single-family investors slowed their pace of acquisitions years ago, but plenty of smaller firms are picking up the slack.

At midyear, fewer than 1% of the homes in Sarasota, Manatee and Charlotte counties were stuck in the foreclosure mill.

The rate at which mortgages prepay has gotten a little higher the last two months, but it is lower than it was at the same time last year.

The foreclosure rate in the Twin Cities metro is at an all-time low and is now one of the lowest in the U.S.

A Pierce County judge says a notorious Seattle landlord — not thieves — tried to profit from cutting wires throughout a vacant Tacoma apartment building and ordered him to pay $1.1 million.

There were 424,800 U.S. properties with foreclosure filings in the first half of 2017, down 20% from the prior year, according to Attom Data Solutions.

The number of foreclosure filings on properties in the six-county Chattanooga, Tenn., metropolitan area dropped 26.8% in the first half of 2017.

The Toledo, Ohio, home foreclosure rate continues to drop, as the market approaches normalcy after being battered during the economic crisis.

Higher home prices and a stable job market have slashed the number of foreclosures across South Florida.