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us sales of bank-owned homes fell in 1st quarter

bank-owned homes and those in some stage of the foreclosure process saw their share of overall u.s. home sales grow in the first quarter.

foreclosure suit filed against owner of elyria shopping center

elyria - a foreclosure lawsuit was filed tuesday against the owner of the river street square shopping center near midway mall in elyria, which contains a former walmart. the lawsuit was filed by u.s. bank national association against first interstate elyria limited partnership. the suit states the partnership owes $13.3 million of the original $15 million that it had borrowed. it also seeks ...

foreclosure rates in huntsville increase in march, compared to year ago

huntsville, alabama -- the foreclosure picture in huntsville has a double-dose of bad news, according to newly released data from corelogic.

politifact: president barack obama's efforts to help foreclosure crisis have fallen short

by molly moorhead, times staff writer monday, may 28, 2012 as the economic collapse began to threaten homeowners, presidential candidate barack obama vowed to come to their aid. "we must help the millions of homeowners facing foreclosure," he said on the campaign trail in june 2008. his plan called for changes in bankruptcy laws, a crackdown on predatory and fraudulent lenders and a $10 billion...