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Foreclosure News
Home Foreclosures Rise, a Moratorium on Foreclosures is Proposed
Foreclosure filings continued to increase in the month of July 2007. With a year-over-year comparison, foreclosure activity rose some 93 percent nationally, with over 289 percent in California. But the worse is yet to come. Can the already-volatile market withstand another wave? Most experts say no.  more
Foreclosure Report: Metro Areas with the Highest Foreclosure Rates
Foreclosure activity is skyrocketing all across the nation. The following list breaks down the metro areas that have the highest foreclosure rates.  more
National Home Foreclosure Hotline Receives Record Number of Help Requests
During the second quarter of 2007, the Homeownership Preservation Foundation received a record number of calls from homeowners who were facing foreclosure. This comes as no surprise given the wave of foreclosures sweeping the nation, and yet some of the statistics the foundation compiled after taking the calls are rather shocking.  more
Organization Accused of Plumping Foreclosure Numbers for News Media and Congress
RealtyTrac, a source of foreclosure data for the news media, FBI and congressional hearings, has been accused of possibly double counting foreclosure data for personal gain. Is the criticism unfair?  more
Top Ten Cities for Buying Foreclosures
Home foreclosure activity is on the rise across the nation and auctions are becoming commonplace in even the most unlikely of areas. If you are thinking about trying to snap up a property for a discounted price, here are the top ten cities for buying foreclosures.  more
Mass Foreclosures Threaten the U.S.
Home foreclosure activity continues to soar nationwide over the past year, particularly in the states of Nevada, California, Arizona, and Florida. We\'ve compiled a detailed analysis of the foreclosure crisis, including up-to-date graphs depicting recently reported foreclosure activity for these states. (ANALYSIS BELOW)  more
Home Foreclosures Increase Nearly 300 Percent in California
California continues to see a dramatic increase in foreclosure activity, and the past June was no exception. Home foreclosures increased by almost 300 percent, and the total price of homes sold at auction came to $2.82 billion.  more
Home Foreclosure Auctions on the Rise
A growing number of foreclosure auctions are being initiated across the country. California has more than 5,000 properties that are about to be auctioned off. Massachusetts had nearly 2,000 last month, and in cities like Detroit, Michigan there are more than 200 properties being auctioned in an average 30-day period.  more
U.S. Home Foreclosure Report: May 2007
A monthly U.S. foreclosure trend report released yesterday shows that home foreclosures increased during the month of May. Foreclosure activity was the highest in Florida, Colorado, California, Texas, and Illinois.  more
The Great Debate on How to Address Foreclosures
It seems as though everyone has an opinion on what should or shouldn\'t be done to address the growing number of home loan foreclosures across the nation. Protesters are storming the Federal Reserve, Congress can\'t seem to agree on anything, and Fed chairman Ben Bernanke is spending most of his time assuring everyone that it is going to be alright.  more
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