Foreclosures

The Erie County, N.Y., Legislature unanimously adopted a resolution asking for a state law that would enable local leaders to shorten the foreclosure timetable for bank-owned vacant homes.

While the courts have affirmed cities’ right to file predatory lending suits, they are also now holding them to a much higher standard in proving that banks knowingly steered minority borrowers into high-cost home loans.

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.

Robert and Dolores Sexton never saw it coming: a classic real estate ruse the Bay Area retirees say has cost them the home they bought almost 42 years ago.

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%.

Fewer Colorado Springs homeowners are sinking on their mortgages, a national report released by housing data firm CoreLogic shows.

St. Louis County, Minn., made a cool $350,500 selling 25 parcels that had been given up by their previous owners for non-payment of property taxes.

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

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.