Brandon Moore

U.S. Foreclosure Filings Drop 10% as States Slow Process

U.S. foreclosure filings fell 10 percent in July from a year earlier as court rulings and new legislation slowed the process for seizing homes in some states, according to RealtyTrac Inc.

Foreclosure Filings Increase in 60% of Large U.S. Cities

Foreclosure filings rose in almost 60 percent of large U.S. cities in the first half of 2012, indicating many areas will have more distressed homes on the market later this year, RealtyTrac Inc. reported.

U.S. Foreclosure Filings Fall 4% as Lenders Increase Short Sales

Foreclosure filings in the U.S. fell 4 percent in May from a year earlier as lenders disposed of more properties through short sales, where the price is less than the amount owed, according to RealtyTrac Inc.

Foreclosures Climb in Florida, Illinois as Lenders Resume Home Seizures

Foreclosure filings rose for the first time in more than a year in Florida, Indiana, Pennsylvania and Illinois as lenders resumed property seizures after a probe of documentation, according to RealtyTrac Inc.

Foreclosure Properties Fall to 20% of Home Buys

Foreclosure and distressed sales fell to 20 percent of U.S. home purchases in the third quarter of last year as legal scrutiny of property seizures reduced the number of deals, according to RealtyTrac Inc.

Judge Blocks Lockout of NFL PLayers by Team Owners; League Moves to Appeal

National Football League team owners must end their month-old player lockout, a federal judge ruled, prompting the owners to move immediately to appeal.

Foreclosures Fall 8% in U.S. With Seizure Increase Coming

Foreclosure filings in the U.S. fell 8 percent in February, the smallest year-over-year decrease since October 2010, as lenders began working through a backlog of seized properties, RealtyTrac Inc. said.

Short Sales of U.S. Homes on Track to Exceed Foreclosure Deals

Short sales of U.S. homes rose to a three-year high in the first quarter as banks agreed to let more borrowers unload property at a loss, putting the transactions on pace to surpass deals for foreclosures, RealtyTrac Inc. said.

Home Seizures May Jump 25% in Foreclosure Push

Banks may seize more than 1 million U.S. homes this year after legal scrutiny of their foreclosure practices slowed actions against delinquent property owners in 2011, RealtyTrac Inc. said.

Sales of New Houses in U.S. Fall for Second Month: Economy

Purchases of new homes in the U.S. unexpectedly fell in February for a second month, a sign the recovery in the housing market may be uneven.

"More banks are now recognizing that treating the problem of delinquent mortgages with short sales rather than bank repossessions can help them minimize their losses."

- Brandon Moore on Jun 13, 2012

Florida

California

Illinois

Daren Blomquist

U.S. Stock Futures Slip; S&P 500 May Decline From Record

Europe Stocks Fall With Metals as Yen Rebounds

Used Gold Supply Heads for ’08 Low as Sellers Balk: Commodities

WTI Crude Trades Near One-Week Low on U.S. Stockpiles

Verizon Wireless Agrees to Pay Co-Owners $7 Billion Dividend