REO

Hawaii continued to see drops near or above 20% in new foreclosure lawsuit filings during March and April, according to the latest data from the state Judiciary.

More than $106,000 was transferred into the Cheboygan County, Mich., general fund from the treasurer's office from the sales of tax foreclosures in the county.

The Erie County, N.Y., Legislature unanimously adopted a resolution asking for a state law that would enable local leaders to shorten the foreclosure timetable for bank-owned vacant homes.

The number of homes with a foreclosure filing increased 5% in May over the previous month, as properties entering the process also increased by 5%.

St. Louis County, Minn., made a cool $350,500 selling 25 parcels that had been given up by their previous owners for non-payment of property taxes.

Three Northern California men, including one of Oakland's largest landlords, were convicted of creating a massive bid-rigging scheme to scoop up hundreds of foreclosed properties at suppressed prices.

Voters during a special town meeting approved a measure that would allow the town to bid up to $5 million on 87 acres of land across from the Village Fire Station on North Street in Kennebunkport, Maine, that is likely headed for foreclosure next week.

Dozens stood out in the rain Thursday morning to protest the foreclosure eviction of an elderly man and his son from their Sixteen Acres home in Springfield, Mass.

Fidelity National Financial has acquired Hudson & Marshall, a real estate auction company, and in a related move its ServiceLink subsidiary introduced a foreclosure auction product.

Nationstar Mortgage is issuing its seventh securitization of nonperforming reverse mortgages.