DSNews -Author: Brian Honea January 14, 2015 About 1.5 percent of all homes with a mortgage in the United States were in some state of foreclosure in November 2014, the lowest foreclosure rate since March 2008, according to CoreLogic‘sNovember 2014 National Foreclosure Report released Wednesday. Foreclosure inventory, which includes homes in any state of foreclosure, plummeted […]
Category: Foreclosures
Foreclosure Prevention Counseling Program Has Helped 1.8 Million Homeowners
DSNews Author: Brian Honea December 12, 2014 Washington, D.C.-based NeighborWorks America, one of the nation’s largest community development corporations, announced that more than 1.8 million homeowners have received foreclosure prevention counseling through the association’s National Foreclosure Mitigation Counseling Program (NFMC) as of July 31, 2014. Distressed homeowners have utilized local nonprofits, national intermediaries, and […]
Foreclosure Protection Bill for Service members Passes in Both House, Senate
Author: Brian Honea December 15, 2014 The U.S. Senate and the House of Representativeshave both unanimously voted to pass a bill that give military servicemembers who have recently returned from duty added protection from foreclosure, according to an announcement from Senator Sheldon Whitehouse (D-Rhode Island), who introduced the bill in May. S.2404, also known as […]
Neighborhoods try to escape the shadow of foreclosures
Citizens Times BY: Don Davies July 13. 2014 Five years after the Great Recession, fewer homeowners are falling behind on mortgages and losing their houses. Buncombe County is down to 248 foreclosure filings so far this year, from the peak of 1,376 in 2010. But Tom Luzon is still worried. […]
Foreclosure Activity Decreases in April
DSNews BY: Colin Robins May 15, 2014 RealtyTrac’s latest U.S. Foreclosure Market Report for April 2014, revealed foreclosure filings were down 1 percent from March, totaling approximately 115,000. April’s figure reflects a year-over-year decrease of 20 percent. The report found one in every 1,137 U.S. housing units with a foreclosure filing during the month. […]
