Foreclosures

The zombies are still haunting the Southwest Florida housing market, but they are taking a smaller bite.

Nearly 1.4 million residential properties were vacant as of the end of the third quarter, representing 1.58% of all U.S. residential properties, according to Attom Data Solutions.

Walter Investment Management Corp. was supposed to prosper by snapping up mortgage cast-offs from big banks at fire-sale prices. Instead, Walter is belatedly joining the list of companies burned by the U.S. housing crisis.

A judge who imposed a $45 million penalty on Bank of America Corp. over a foreclosure on a California couple still isn't ready to forget the case he described as a "Kafkaesque nightmare."

Sens. Dean Heller and Catherine Cortez Masto of Nevada called on mortgage industry leaders to provide relief and financial assistance to victims of the Oct. 1 mass shooting at the Route 91 Harvest Festival in Las Vegas.

Something of a Santa Cruz, Calif., institution, the Darling House bed and breakfast was sold for nearly $2.78 million cash in a foreclosure auction on the steps of the Santa Cruz County courthouse Thursday.

While foreclosure activity is a whisper of what it was at the peak of the crisis six years ago, Shasta County, Calif., had the third-highest foreclosure rate in California in the third quarter of 2017.

U.S. foreclosure activity dropped to a low not seen since 2006, according to Attom Data Solutions.

A lawyer has been convicted on federal fraud charges for scheming to provide falsified documents to prevent foreclosure on a nearly $2 million parcel of land in Aurora, Ill.

It's been years since the Bay Area housing market began its dramatic, post-recession appreciation in prices, and delinquency rates for home loans keep falling across the region.