Foreclosure
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Mass. Default Notices Up 70 Percent in 2006; Foreclosure Sales Up 46 Percent
Jan 29, 2007Massachusetts’ slumping housing market appears to be affecting the mortgage industry and homeowners, according to a report released today. Almost 70 percent more lenders started the foreclosure process against Bay State homeowners in 2006 than in 2005, and 46 percent more homes were advertised to be auctioned, according to data compiled by The Warren Group. Mortgage lenders filed 18,926 petitions to foreclose in Massachusetts Land Court last year, compared with 11,155 in 2005, and lenders announced 6,729 foreclosure auctions in 2006, compared with 4,620 in 2005. Petitions to foreclose are the first step in the foreclosure process, and do not always end in actual foreclosure. Some homeowners eventually sell their homes or refinance.
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U.S. Foreclosure Filings Up 42 Percent in 2006
Jan 25, 2007 -
Calif. Foreclosure Activity Reaches Highest Level in Eight Years
Jan 25, 2007 -
Sale of First Franklin Drives Q4 Profit at National City
Jan 23, 2007 -
Real Estate Auctioneer Targets Borrowers in Default
Jan 22, 2007 -
Foreclosure Filings Exceed 100,000 for Fifth Straight Month, Up 35 Percent From Dec 2005
Jan 17, 2007 -
Countrywide: Subprime Fundings Drop 17 Percent in 4th Quarter, Foreclosures Up Nearly 50 Percent
Jan 12, 2007 -
Nebraska Legislature to Consider Foreclosure Protection Bill
Jan 10, 2007 -
Penn. Congressman to Re-Introduce Federal Mortgage Assistance Act
Jan 10, 2007 -
Colorado AG Targets Inflated Appraisals
Jan 09, 2007 -
Southwest Foreclosures Lead the Nation in 2006; Calif. Filings Up 94 Percent
Jan 08, 2007 -
Philly Mayor Throws Support Behind City-wide Foreclosure Prevention Program
Jan 04, 2007
