James Saccacio
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Home foreclosures in 2010 top 1 million for first time
Jan 13, 2011 05:02 EST
WASHINGTON (Reuters) - Banks seized more than a million U.S. homes in one year for the first time last year, despite a slowdown in the last few months as questions around foreclosure processing arose, a leading firm said on Thursday.
Home foreclosures in 2010 top 1 million for first time
Jan 13, 2011 05:02 EST
WASHINGTON (Reuters) - Banks seized more than a million U.S. homes in one year for the first time last year, despite a slowdown in the last few months as questions around foreclosure processing arose, a leading firm said on Thursday.
US foreclosures hit record 2.9 mn in 2010: analyst
Jan 13, 2011 02:16 EST
Banks moved to repossess a record 2.87 million US homes in 2010 as the two-year-old mortgage crisis continued to weigh heavily on the economy, foreclosure specialist RealtyTrac said.
October foreclosures fall as processing stalls
Nov 11, 2010 12:07 EST
WASHINGTON (Reuters) - The number of U.S. homes taken over by banks fell 9 percent in October as foreclosure processing was stalled by questionable paperwork, real estate data company RealtyTrac said on Thursday.
Foreclosures up in Jackson, Gulfport-Biloxi, Miss.
Oct 28, 2010 10:43 EDT
Foreclosures jump in Mississippi areas of Jackson, Gulfport-Biloxi during third quarter. Two Mississippi areas ? Jackson and Gulfport-Biloxi ? recorded increases in foreclosure actions against delinquent homeowners during the third quarter, a national tracking organization said Thursday.
September home foreclosures top 100,000 for first time
Oct 14, 2010 12:59 EDT
WASHINGTON (Reuters) - The number of homes taken over by banks topped 100,000 for the first time in September, though foreclosures are expected to slow in coming months as lenders work through questionable paperwork, real estate data company RealtyTrac said on Thursday.
Nearly one in four second-quarter home sales a foreclosure
Sep 30, 2010 05:58 EDT
NEW YORK (Reuters) - Nearly one in every four U.S. homes sold in the second quarter was a deeply discounted foreclosed house, putting the market on pace to work through distressed properties in about three years, RealtyTrac said.
Nearly one in four second-quarter home sales a foreclosure
Sep 30, 2010 05:58 EDT
NEW YORK (Reuters) - Nearly one in every four U.S. homes sold in the second quarter was a deeply discounted foreclosed house, putting the market on pace to work through distressed properties in about three years, RealtyTrac said.
Bank repossessions drive up July foreclosures
Aug 12, 2010 10:31 EDT
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.
Bank repossessions drive up July foreclosures
Aug 12, 2010 10:31 EDT
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.
Foreclosures up in 75 percent of top U.S. metro areas
Jul 29, 2010 00:38 EDT
NEW YORK (Reuters) - Foreclosures rose in 3 of every four large U.S. metro areas in this year's first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday.
Pace Of Foreclosures Slows in First Half of 2010
Jul 14, 2010 20:00 EDT
'Massive' number of distressed properties sit below the surface. In a report covering the first half of 2010, the foreclosure listing firm RealtyTrac says the number of foreclosure filings was up eight percent over the first half of 2009, but were down five percent from the previous six months.
Nearly 1 in 3 first-quarter home sales a foreclosure: report
Jun 30, 2010 08:40 EDT
NEW YORK (Reuters) - Nearly one out of every three U.S. home sales in the first quarter was a foreclosure property as steep price discounts boosted demand for distressed real estate, RealtyTrac said in a new report on Wednesday.
U.S Foreclosure Activity Decreases 3 Percent In May
Jun 10, 2010 20:00 EDT
Defaults and auctions down, but bank repossessions set monthly record. Foreclosure filings -- default notices, scheduled auctions and bank repossessions -- were reported on 322,920 properties in May.
US foreclosure activity decreases in May: tracker
Jun 10, 2010 01:45 EDT
US foreclosure filings continued to level off in May, decreasing by three percent compared to the previous month, industry tracker RealtyTrac said Thursday.
US home foreclosures drop first time in four years
May 13, 2010 09:32 EDT
US home foreclosures have dropped for the first time in four years as the economy recovered from a brutal recession triggered by a mortgage meltdown, a real estate data company said Thursday.
April foreclosures ebb, suggesting high plateau
May 13, 2010 08:23 EDT
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.
Foreclosure Activity Down 9 Percent In April
May 12, 2010 20:00 EDT
Default notices off by 27 percent, but bank repossessions set monthly record. RealtyTrac, an online marketplace for foreclosure properties, says foreclosure notices were filed on 333,837 properties in April - down nine percent decrease from March and a drop of two percent from the same month a year ago. One in every 387 U.S. housing units received a foreclosure filing during the month.
Foreclosures fall in most of top metro areas
Apr 29, 2010 09:01 EDT
NEW YORK (Reuters) - Foreclosure activity fell in 14 of the top 20 U.S. metropolitan areas in the first quarter compared with a year earlier, even though total U.S. foreclosures rose, RealtyTrac said on Thursday.
Foreclosures drop 2nd straight month in February
Apr 15, 2010 09:44 EDT
NEW YORK (Reuters) - U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.
