Foreclosures

A prominent Detroit property tax official moonlights as an executive for Home Team — the fledgling Detroit real estate company that recently pitched a controversial plan to acquire thousands of foreclosed homes — raising questions about a potential conflict of interest.

Foreclosure activity continues to fade in Southwest Florida this year, staying at pre-recession levels of distressed homeowners.

Sales of foreclosed homes in Monroe County, Pa., fell dramatically for the first few months of the year, figures from the local Realtors association revealed.

Foreclosure rates in Ohio's biggest metropolitan areas have dropped well below pre-recession levels.

First-quarter foreclosure activity was down 19% from the same period last year to the lowest level since the third quarter of 2006.

Almost half of U.S. housing markets are now seeing foreclosure rates lower than they were before the Great Recession.

Tampa Bay's foreclosure and mortgage delinquency rates continue to fall substantially, although they still are above the national averages.

Mortgage delinquencies are declining in the Toledo, Ohio, area.

Doubling the size of a National Historic Site doesn't happen often, but there's a chance a foreclosure auction may help the Kate Mullany National Historic Site in Troy, N.Y., pull it off.

A modernistic, mint-colored house at 1845 Deslonde St. in the Lower 9th Ward was on sale for $85,000. It was listed as a bank foreclosure, which usually means the former owner couldn't pay the mortgage, so the bank took over the property and is selling it off at market value.