ritholtz.com - 12/13/2008
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RealtyTrac released its November foreclosure numbers, and they were not pretty.
• November Foreclosure activity decreased 7% from October (the lowest level since June)
• Foreclosures up 28% from year ago levels;
• Foreclosure activity slowed in November due in part to recently ...
Foreclosures: 'Worst three months of all time'
money.cnn.com 10/16/2009 — NEW YORK (CNNMoney.com) -- Despite concerted government-led and lender-supported efforts to prevent foreclosures, the number of filings hit a record high in the third quarter, according to a report issued Thursday.
"They were the worst three months ...
Foreclosures rise 5 percent from summer to fall
hf-implode.com 10/15/2009 — "The foreclosure crisis affected nearly 938,000 properties in the July-September quarter, compared with about 890,000 in the prior three months, according to a report released Thursday by RealtyTrac Inc. That puts foreclosure-related filings on a pace to hit about 3.5 million this year, up from ...
Foreclosures in October jump 25% from a year ago - Nov. 13, 2008
money.cnn.com 11/13/2008 — NEW YORK (CNNMoney.com) -- As government and industry scrambled to stem the housing crisis, another 84,868 homes were lost to foreclosure in October, according to a report released Thursday. Last month 279,561 struggling borrowers received foreclosure ...
Foreclosures up 25 percent: RealtyTrac
reuters.com 11/13/2008 — NEW YORK (Reuters) - Foreclosure activity in October rose 25 percent from a year earlier, although filings in California fell by double-digit percentage points for the second consecutive month due to a state law slowing the foreclosure process, ...
Hotel defaults, foreclosures rise in California
latimes.com 10/7/2009 — Hotels The St. Regis Monarch Beach luxury resort in Dana Point was seized by Citigroup in July after months of negotiations over a $70-million loan that was in default. ( Tim Rue / Bloomberg / September 18 , 2009 )
Reducing foreclosures
marginalrevolution.com 4/11/2009 — Here is an excellent blog post and Fed study . There is too much content for my summary to dominate clicking on the link but the bottom line is this: This analysis suggests mortgage modifications - without principal reduction - will have ...
Foreclosures Really Happens All Over
moneyning.com 5/27/2009 — We hear about all those people who are underwater on their mortgages, and we hear about the incredibly high amounts of distressed properties on the market today. Yet, many of us never really come across the foreclosure process. Is it really that bad? Is it really happening everywhere?
As I ...
The Associated Press: Foreclosures rise 5 percent from summer to fall
google.com 10/16/2009 — 1 day ago WASHINGTON The number of households caught up in the foreclosure crisis rose more than 5 percent from summer to fall as a federal effort to assist struggling borrowers was overwhelmed by a flood of defaults among people who lost their jobs. ...
Foreclosures up 30 percent in February - Yahoo! Finance
finance.yahoo.com 3/12/2009 — WASHINGTON (AP) -- Despite halts on new foreclosures by several major lenders, the number of households threatened with losing their homes rose 30 percent in February from last year's levels, RealtyTrac reported Thursday. Nationwide, nearly 291,000 ...