Foreclosure filings in the U.S. fell in June to levels not seen since before the housing bubble burst eight years ago, causing 5.5 million people to lose their homes.
Read More »Foreclosure filings set third record high in past five months
Foreclosure filings in the U.S. climbed to a record for the third time in five months in July as falling home prices and the recession left more homeowners unable to keep up payments or refinance. A total of 360,149 properties ...
Tagged with: foreclosure
Read More »Watergate Hotel sold for $25 million at auction
The Watergate Hotel in Washington, part of the complex made famous by the political scandal that brought down President Richard Nixon, sold in a foreclosure auction to mortgage holder PB Capital Corp. New York-based PB Capital paid $25 million for ...
Tagged with: foreclosure PB Capital Corp. Richard Nixon Watergate
Read More »Foreclosure epicenter shows Obama challenge
It has taken Susan Erb just three years to see the value of her Merced, Calif., home plunge by more than half to $350,000. Next month, her mortgage payment jumps 20 percent to $3,321, and she knows she can’t afford ...
Tagged with: Barack Obama foreclosure real estate RealtyTrac Susan Erb
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