REO

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.