Foreclosures

The legal logjam involving a pair of distressed properties in Garfield Heights, Ohio is starting to clear, after more than eight years of litigation and stagnation.

The New York State Department of Financial Services hasn't issued a single penalty against a bank or mortgage provider for failure to maintain and secure a property more than a year after the law requiring this upkeep was signed and eight months after it went into effect.

Rosemary Romero maintains the community garden at the entrance to Casa Linda, a 125-home subdivision in the center of town with entry off Cerrillos Road via Monterey Drive. It's a lovely neighborhood, she says, but is being damaged from the inside out.

While the national foreclosure crisis no longer commands much attention, a seven-year-old lawsuit tied to the foreclosure of a Centerville, Ohio, home continues to wind its way through the federal court system.

A new state law meant to combat the blight of "zombie" homes across New York lacks effective enforcement to hold banks accountable for actually maintaining the properties on Staten Island.

The Toledo, Ohio, area is among the top five metro area in the country with the highest share of mortgaged properties that are "seriously underwater," that is, more is owed than the property is worth.

Mortgage holders could see their security interest wiped out if a borrower in Texas or Nevada gets a property tax loan where the lien has priority over the first mortgage.

Blighted, abandoned properties in Hornell, N.Y., are not only in-check, according to officials, but they're declining at a rapid pace.

The winning bids at Saturday's annual Niagara County tax foreclosure auction totaled more than $1 million.

Fires can make or break Staten Island, N.Y., zombie homes.

The mortgage delinquency rate reached its lowest point in nearly a decade in May due to tighter underwriting, according to CoreLogic.

Home shoppers may soon have a chance to snag an Upper Arlington, Ohio, mansion for about half its value.

Twenty years ago, Texas became the last state in the union to legalize the home equity loan, allowing people for the first time to use their own homes as collateral.

Foreclosure actions on Cape Cod are showing their first decrease in four years, aided by a red-hot housing market that's making it easier for distressed homeowners to offload their property before losing it to the bank.

Getting rundown or blighted properties renovated to meet safety codes and restored to the tax rolls is the goal of a program known as receivership, a report about which was presented to the Holyoke, Mass., City Council.

Over the past 20 years, 395 code violation cases with $4.46 million in unpaid fines have piled up at City Hall.

Foreclosure activity continued to slow last month in the Pikes Peak region.

Hundreds of homes and properties are neglected, abandoned or vacant across Staten Island, N.Y.

Dustin Hoffman has notched a victory in his legal fight over a $3-million investment he made with Jeffrey Yohai, a real estate developer who is the son-in-law of Paul Manafort, the former chairman of Donald Trump's presidential campaign.

Three California men who previously operated Star Reliable Mortgage were ordered to pay $1.1 million in restitution and are facing multiyear prison terms related to a foreclosure rescue scheme.