You can buy VA foreclosures under the Veterans Affairs vendee financing program, and you need not be a veteran to be able to qualify under this financing program. You can also buy VA foreclosed properties for your own use or as rental investments.
Under the program, you can buy a VA foreclosed home with no down [...]

Colorado City, Arizona’s 35 communal properties are facing tax lien foreclosures if they failed to settle unpaid taxes and interest within three years with lien purchasers. About 150 houses and land holdings in the polygamous community is in danger of foreclosure due to nonpayment of the 2007 property taxes amounting to $124,000.
The treasurer’s office of [...]

The city council of Cranston in Rhode Island is considering rules aimed at containing the number of REO homes in the area. Under the rules, lenders are required to renegotiate the loans of distressed borrowers before foreclosures could be initiated.
The strategy is similar to the one initiated in the neighboring city of Providence in [...]

Some industry experts are leading the way in helping distressed homeowners avoid the trouble of foreclosures by creating a short sale or pre foreclosures strategy. The strategy is designed to help distressed homeowners sell their properties, an alternative to foreclosures.
Experts said that in this strategy, homeowners may not be able to save their properties [...]

HUD homes foreclosures are being taken off the market in great numbers. Thanks to first-time homebuyers who flocked to the market to take advantage of the federal tax credit of $8,000 before it finally expires by the end of November.
Industry experts said that almost anyone is eligible to purchase a property owned by the U.S. [...]

Industry experts are pointing to the worsening labor market condition and dropping home prices as factors that will likely trigger a flood of FHA foreclosures. They said that these factors are contributing to the growing number of loan defaults and delinquencies.
The increasing number of foreclosures means trouble for the Federal Housing Administration (FHA), an insurance [...]

The languishing economy and rising unemployment rate are driving the number of government foreclosures to the roofs. As part of an effort to address the growing foreclosure problem, the U.S. Federal Housing Administration (FHA) has tightened its rules on condominium lending.

There are fewer residential foreclosures in Nashua, New Hampshire from July to September. However, the foreclosure numbers this year were already way pass the figures posted in the entire years of 2007 and 2008.
The drop in the number of foreclosure houses in the third quarter may be taken as a positive sign that the housing [...]

Chicago, Illinois developers MCZ/Centrum Florida XIV LLC are facing a condo foreclosures case at the Circuit Court of Manatee County in Florida. The case was filed by Bank of America (BOA) accusing the developers of defaulting the almost $44.8 million in loans they used to purchase the condominium complex, Serenata Sarasota located in the southern [...]

Several organizations in the New York counties of Westchester and Rockland will receive funds to support the federal homes affordable programs. Tens of thousands worth of funds will be distributed to several organizations for their various homeownership and housing services to help alleviate the foreclosure crisis.
Similarly, White Plains city is set to receive over $900,000 [...]