Foreclosures

A Tamarac, Fla., man scammed tens of thousands of dollars from three homeowners who were falling behind on their monthly payments during the mortgage crisis, investigators say.

A Newport Beach, Calif., man was arraigned on charges of impersonating an attorney and defrauding clients through debt consolidation and mortgage modification schemes, according to the Orange County District Attorney's office.

Philadelphia homeowners at risk of foreclosure over past-due property taxes could be given free housing counseling and have their debt deferred under a program being developed by City Council.

Foreclosure activity continued to sink in Southwest Florida last month, tracking the statewide and national trends.

Lower defaults among government-guaranteed mortgage borrowers drove the overall delinquency rate down, the Mortgage Bankers Association said.

Fannie Mae has a $1.8 mortgage foreclosure lawsuit pending with FFH of Fort Smith Limited Partnership and several other local entities over the Rock Creek apartments on North 50th Street in Fort Smith, Ark.

Across the nation, the once-pernicious foreclosure crisis nearly has abated, but in Lucas County, Ohio, foreclosure activity is stronger than it was a year ago.

The city joins a growing list of municipalities that have filed similar lawsuits, just two weeks after the Supreme Court ruled that municipalities have standing to sue lenders under the Fair Housing Act.

Daytona Beach has a message for the hundreds of property owners who collectively have stiffed the city on $4.46 million in code violation fine payments: Pay up soon, or the city's coming after your land and buildings with foreclosure actions.

Connecticut had 23% more foreclosure actions under way in April than a year earlier, according to a new study, with newly commenced foreclosures spiking 40%.