REO

It was a rare lucrative business for Wall Street in the aftermath of the financial crisis: snapping up properties in foreclosure and renting them out. So good, in fact, that now, as the distressed pool dries up, some investors are refusing to let the rental-model fizzle.

Foreclosure activity continued to sink in Southwest Florida last month, tracking the statewide and national trends.

Across the nation, the once-pernicious foreclosure crisis nearly has abated, but in Lucas County, Ohio, foreclosure activity is stronger than it was a year ago.

Daytona Beach has a message for the hundreds of property owners who collectively have stiffed the city on $4.46 million in code violation fine payments: Pay up soon, or the city's coming after your land and buildings with foreclosure actions.

Foreclosure filings in April were at their lowest level since November 2005 at 77,049 properties, down 7% from March's 83,145 and 23% from April 2016.

The days of vacant, distressed homes covered in sheets of plywood appear numbered, as Fannie Mae and Freddie Mac move toward greater adoption of polycarbonate "clear boarding" to secure foreclosure properties.

If you're a delinquent taxpayer, there is a fine line in Ontario County, N.Y., between losing your property and keeping it. In this case, that line is in Rushville.

National foreclosure activity is at an 11-year low, but some cities have yet to fully recover.

A bipartisan coalition in Pennsylvania created more than a decade ago to fight neighborhood blight is setting its sights on new legislative goals after a string of successes.

The current struggles of the oil-based economy of the Houma-Thibodaux, La., area has led to an increase in foreclosures, a new report says.

Foreclosures in the first quarter of 2017 fell to pre-recession levels in Pima County, Ariz.

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.

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

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.

For the third time in recent years, the city of Owensboro, Ky., has launched what it calls a "mass foreclosure," taking aim at 33 properties to satisfy unpaid property taxes and property maintenance liens.

The deteriorating Rubber Bowl could be rock 'n' rolling if the city of Akron, Ohio, rezones it for music concerts, a move its new owners say would unleash millions of dollars in private investments from the other side of the country.

The number of bankruptcy filings in Hawaii tumbled 18% in March after three straight months of increases, according to data released by the U.S. Bankruptcy Court, District of Hawaii.