Foreclosures

Federal authorities charged a third real estate investor with bribery-related offenses in a long-running corruption probe of the process through which the Philadelphia Sheriff's Office sells seized and foreclosed properties.

Two Orange County, Calif., men were to federal prison for their part in a mortgage scheme that led to the fraudulent purchase of more then 100 condominium units and $10 million in losses.

Conversations about the current housing market often have good news/bad news scenarios.

The number of Tampa Bay homeowners underwater on their mortgages has plunged by more than two-thirds since 2015.

Historically, mortgage delinquencies in the month of April have risen 85% of the time, but April 2018 bucked that trend as they fell, according to Black Knight.

Former boxing champion Vinny Paz apparently won a reprieve on the auctioning of his Warwick house.

A mortgage loan officer from Methuen, Mass., faces six months behind bars for her role in a conspiracy to defraud banks and mortgage companies.

Metro Orlando's drop in foreclosures continues, with 8% fewer filings in April than a month earlier and 35% fewer than a year earlier.

Attorney General Peter F. Kilmartin joined housing advocates — as well as the mayors of Providence, Pawtucket and Warwick — to urge the General Assembly to extend the state's Foreclosure Mediation Act, set to expire on July 1.

Despite a national trend of declining foreclosure volume, a recent spike in foreclosure activity has created a number of hot spots in many local markets. Here's a look at the 12 cities most affected by this development.

Institutional investors bought more single-family rental homes in 2017 than in previous years, the first increase since 2013.

While consumer debt is growing overall, borrowers are exhibiting more caution when it comes to mortgage loans, according to LendingTree.

A ring of thieves illegally took ownership of more than 40 homes across South Florida in a multimillion-dollar plan — even stealing properties that belonged to the dead, authorities say.

The mortgage market continued to perform well in the first quarter as delinquencies declined annually for the 19th straight quarter, according to TransUnion.

Despite an especially strong hurricane season last year, the national mortgage delinquency rate fell on an annual basis, signaling a healthier economy, according to CoreLogic.

Robert Klein, the son of Holocaust survivors who went on to build an empire in the property preservation industry, died on May 3. He was 65.

As the number of equity rich properties falls from its peak, the volume of seriously underwater properties saw its smallest annual decline, according to Attom Data Solutions.

The number of residential and commercial properties that fell into foreclosure in Colorado Springs and surrounding communities totaled 79 last month, a roughly 20% drop from April 2017.

A Texas lawyer pleaded guilty to his role in an elaborate $5 million mortgage fraud scheme involving pricey beach homes, according to the U.S. Attorney's Office in Houston.

The group says Mulvaney, who also runs OMB, was not totally forthcoming with the Senate Budget Committee about the foreclosure of a property he owns in South Carolina.