Topic: Arizona

Bank repossessions drive up July foreclosures

NEW YORK (Reuters) - More Americans fell into foreclosure in July as a sour job market kept them from making payments, and banks took over homes at a near record pace. Banks repossessed the second highest monthly number of homes ever last ...

April foreclosures ebb, suggesting high plateau

NEW YORK (Reuters) - Foreclosure activity fell in April as lenders repossessed homes at a record pace but started far fewer new actions against struggling homeowners, signaling a plateau in loan failures, RealtyTrac said on Thursday. No meaningful improvement is likely this ...
Hundreds of homeowners seek help avoiding foreclosures at fed-sponsored event in Arizona cityHundreds of homeowners trying to avoid losing their homes to foreclosure met with housing counselors and lender representatives at an event in Glendale on Thursday. At least 500 homeowners met ...
Foreclosures rise 6 percent in February, smallest yearly increase in 4 yearsThe foreclosure crisis isn't over, but the pace of growth may finally be slowing down. RealtyTrac Inc. said Thursday that the number of U.S. households facing foreclosure in February grew 6 ...
<div id="subtitle">New mortgage delinquencies fell at end of 2009 as foreclosure crisis begins to ebb</div><div><p>The end of the foreclosure crisis is finally in sight. For the first time in almost three years, the number of homeowners falling behind on their loans is ...

U.S. 2009 foreclosures shatter record despite aid

NEW YORK (Reuters) - U.S. foreclosure actions shattered all records in 2009 and will do so again this year, with unemployment and wage cuts overcoming programs to remedy failing home loans, RealtyTrac said on Thursday. A record 2.8 million properties with a ...
A record 2.8 million home receive foreclosure notice in 2009; December rate spikesA record 2.8 million households were threatened with foreclosure last year, and that number is expected to rise this year as more unemployed and cash-strapped homeowners fall behind on their ...

Even the kitchen sink

People facing foreclosure legally stripping their soon-to-be former homes The foreclosure crisis in Nevada has led to a rash of what lenders and real estate agents call vandalism. People are taking everything — tiles, electrical fixtures, bathtubs, wiring and, yes, even kitchen ...
Report says homeowners whose loan payments are cut by 20 percent or more still falling behindOne of the biggest challenges to ending the foreclosure crisis is this: A surprising number of homeowners who get their monthly payments reduced fall behind again within ...
Cytec falls; Goldman recommends selling on 'bleak' industry outlook; uncertain Europe economyCalifornia's ongoing fiscal crisis has attracted national attention, but a study warns that nine other states are barreling toward similar economic disaster. A report released Wednesday by the Pew Center on ...
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