Foreclosure News

Foreclosure inventory declines 8.4% in 2011
Foreclosure inventory declines 8.4% in 2011
Foreclosure settlement with major banks close to completion
State attorneys general hammer out the final issues in a proposed $25-billion settlement over faulty foreclosure proceedings. Holdouts California and New York are said to be close to signing. A nationwide plan to help nearly 2 million homeowners hit by the mortgage meltdown and improper foreclosure practices could be announced as early as Thursday under a multi-state settlement hammered out by ...
Homes in foreclosure decline by 130,000
Slowly, but surely, the foreclosure crisis seems to be abating.
Foreclosure Deal Said to Offer $17 Billion in Mortgage Aid
A multistate settlement with five large U.S. banks over foreclosure practices would include as much as $17 billion in mortgage debt forgiveness and loan modifications and take three years to complete, according to a letter describing the deal.
Foreclosure Settlement Will Settle Nothing (Update 1)
A foreclosure settlement between the banks and the 50 states Monday, if it does finally happen, might not have the positive outcomes that investors have been hoping for.
Foreclosure deal close in several key states
Foreclosure deal adopted in more than 40 US states would force mortgage lenders to reduce loans for about 1 million households. Two key states, New York and California,  are close to adopting the foreclosure deal.
Foreclosure Crisis Put On Hold
NEW YORK (TheStreet) -- New York Attorney General Eric Schneiderman might be holding all the cards in a highly anticipated foreclosure settlement between the 50 states and the big banks. The deadline for the states to agree on the deal has been extended once again to Thursday from Monday, and it looks like negotiations could still fall through. States including California, Florida, Nevada ...
Foreclosure Deal to Offer $17B Mortgage Relief
A multi-state settlement with five large banks over foreclosure practices would include as much as $17 billion in mortgage debt forgiveness and loan modifications and take three years to complete, according to a letter describing the deal.
Key states move closer to foreclosure-abuse deal
California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal that would force the five largest mortgage lenders to reduce loans for about 1 million households. More than 40 U.S. states have agreed to a nationwide settlement.
More US states to join foreclosure-abuse deal
Arizona, Michigan and Florida, three of the states hit hardest by the housing crisis, will join a nationwide settlement over foreclosure abuses, officials with direct knowledge say. They will join more than 40 other states in approving a deal that would benefit many Americans who lost their homes or can't afford their mortgages.