Foreclosure Crisis
Las Vegas Foreclosed Homes Declined, Metro Ranking Improved
James Foxx / December 11th, 2009
Las Vegas foreclosed homes decreased in number in November, improving the ranking of the metro area from the top of the metro area foreclosure rate chart to fifth place, based on data … More >>
Detroit Foreclosed Homes Soaring, Advocates Working Overtime
John Evan Miller / December 9th, 2009
Detroit foreclosed homes are still soaring, based on the number of homeowners seeking help from housing advocates, nonprofits, counselors and homeless shelters. More >>
Housing Project Faces Foreclosure Crisis
James Foxx / October 14th, 2009
A housing project in downtown Belmont in North Carolina has been taken over by Sun Trust Bank, making the partially-developed subdivision one of the latest victims of the foreclosure … More >>
Phoenix Foreclosed Homes Still High in Number Despite Drop
James Foxx / October 8th, 2009
The number of Phoenix foreclosed homes in September is still high compared to foreclosures in other cities despite a drop of nearly 5 percent, based on foreclosure data from Information … More >>
Miami Foreclosed Homes Bought by Flippers, Needy Residents
James Foxx / October 7th, 2009
Miami foreclosed homes can now be acquired by the neediest families of the city in the midst of the return of groups of flippers to South Florida looking for cheap distressed properties. More >>
95th Bank Failure Due to Rising Georgia Foreclosure Homes
James Foxx / October 2nd, 2009
The increasing number of Georgia foreclosure homes has claimed its latest victim in the form of Georgian Bank based in Atlanta. The bank closing is said to be the 95th case reported … More >>
Alleviating the Impact of Michigan Foreclosure Homes Crisis
James Foxx / September 30th, 2009
Michigan foreclosure homes are spreading across the state at a rapid rate. A staggering number of homeowners are going into foreclosures that brought alarm to state and local officials. In … More >>
Chicago Foreclosure Homes Crisis: The Role of Bank Affiliates
James Foxx / September 28th, 2009
During the housing boom that eventually led to the collapse of the market, community groups warned the Federal Reserve about the increasing abusive mortgage lending cases which they pointed … More >>
Banks Criticized for San Diego Foreclosure Homes
John Evan Miller / September 8th, 2009
San Diego foreclosure homes in California are rising in numbers due to unemployment. Many distressed homeowners are creditworthy and responsible borrowers who encountered bad luck and were … More >>
Cities Fight the Effects of Foreclosed House Crisis
John Evan Miller / August 21st, 2009
Abandoned and vacant foreclosed houses that remained unsold on the market have been major a problem facing several cities severely affected by the foreclosure crisis. More >>
Table of Content
- 1. Definition
- 2. History
- 3. Foreclosure Freeze
