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Bank Foreclosures Articles

Bank Foreclosures Articles

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Read articles and get current news on investing in bank foreclosures. Get the information you need to buy foreclosure homes and find great foreclosure listings.

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  • Bank Homes to Arise from 350,000 Exotic Mortgages

    Posted on Friday November 27th, 2009 at 06:35 in foreclosures

    The expected increase in number of bank homes in the coming months and in the next few years will arise from the 350,000 option adjustable mortgages that were taken out during the boom years from 2004 to 2007, according to a report released by Standa...

  • Chicago Foreclosures for Sale Pull Down House Prices

    Posted on Friday November 27th, 2009 at 06:17 in cities

    Chicago foreclosures for sale pulled down home prices during the three-month period ended September 30, although total sales of previously owned homes increased by 2.4 percent, according to the Illinois Association of Realtors. A total of 21,298 sin...

  • Houston Foreclosures for Sale Slowed, but Total Sales Rose

    Posted on Thursday November 26th, 2009 at 05:55 in cities

    The number of Houston foreclosures for sale that closed in October decreased, but overall sales of single-family houses rose by more than 14 percent, based on sales data published by the Houston Association of Realtors. Total sales of single-family ...

  • Bank Foreclosure List Numbers in Texas Muddled by Repostings

    Posted on Thursday November 26th, 2009 at 05:19 in states

    Bank foreclosure list numbers in Texas are muddled by repeat postings by mortgage lenders, according to analysts working for an Addison-based real estate research firm. Analysts explained that repostings by lenders happen because of difficulties in t...

  • Bank Foreclosure Prevention Program by Citi Up by 20 Percent

    Posted on Wednesday November 25th, 2009 at 06:57 in foreclosure help

    The bank foreclosure prevention program of CitiMortgage, the mortgage lending unit of Citigroup, has been improving significantly, based on its quarterly report released this week and on the statements of its chief executive Sanjiv Das. According to...

  • Hialeah Foreclosures for Sale Driven by Negative Equity

    Posted on Wednesday November 25th, 2009 at 06:38 in cities

    Hialeah foreclosures for sale are still high in number because of the still large number of homeowners submerged by negative equity. Based on a report from a real estate research firm, over 46 percent of all owners of single-family houses in South F...

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