Archive for the ‘Foreclosure News’ Category.

Foreclosure News Watch – Post 221

Durbin, Madigan aiding 100-year-old woman facing foreclosure
Fri, 30 Apr 2010 16:03:34 -0700
Representatives of U.S. Sen. Dick Durbin and Illinois Attorney General Lisa Madigan said today they have intervened in the case of Agnes Albinger, a 100-year-old Monee woman who has waged a seven-month battle to stay on her farm in the face of foreclosure. Albinger signed paperwork today allowing Durbin’s office to review the details of her financial situation so officials can advise her in the …
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Foreclosure News Watch – Post 220

Attorney general investigating Tampa foreclosure firm
Fri, 30 Apr 2010 05:00:00 -0700
The Florida Attorney General’s Office is investigating a Tampa-based foreclosure law firm that has become one of the state’s largest foreclosure mills.
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These homes are facing foreclosure
Fri, 30 Apr 2010 06:04:33 -0700
First, in recent foreclosure news: Foreclosure notices are still ‘playing catch up’ Every week, homes throughout Orange County go to foreclosure auctions. The owners can be millions of dollars in debt, or owe just a few thousand. Often these…
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Nine years to dig out of home foreclosure inventory
Fri, 30 Apr 2010 06:52:51 -0700
It may take nine more years for banks to dig out of the current home foreclosure backlog.
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Foreclosure News Watch – Post 219

100-year-old woman facing foreclosure gets glimmer of hope
Thu, 29 Apr 2010 19:48:34 -0700
First Midwest Bank executives today instructed their attorneys to halt foreclosure proceedings against Agnes Albinger, a 100-year-old Monee woman who has been fighting to stay on her farm. The move came a day after a Tribune story detailed Albinger’s plight . “If it’s in her best interest and if it’s in our control, we’ll do our best to make sure she can stay in the home,” said Michael Scudder …
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Foreclosure News Watch – Post 218

Foreclosure map: See the worst hit metro areas
Thu, 29 Apr 2010 09:12:43 -0700
Foreclosure filings declined in more than half of the country’s top 20 worst-hit cities, most of which are concentrated in the Sunbelt “bubble” states of California, Arizona, Florida and Nevada. But those improvements bucked the market’s general trend: Nationwide, foreclosures rose 16% during the first quarter of 2010 compared to the same period in 2009.
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Foreclosure News Watch – Post 217

Foreclosure easing in big cities but still spreading
Thu, 29 Apr 2010 00:57:43 -0700
Foreclosure filings declined in more than half of the country’s worst-hit spots in the first three months of 2010. But that doesn’t mean the healing has begun.
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Foreclosure News Watch – Post 216

Richmond-area foreclosure activity up nearly 28 percent from year ago
Wed, 28 Apr 2010 21:20:50 -0700
Foreclosures show no signs of letting up here or nationwide. Foreclosure activity in the Richmond area rose nearly 28 percent in the first quarter from the same period a year ago, according to a report to be released this morning by RealtyTrac. The Richmond area was No. 98 among 206 metro regions with populations of at least 200,000 tracked by the online foreclosure researcher. It ranked No. 96 …
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Area foreclosure auctions hit new high
Wed, 28 Apr 2010 18:30:38 -0700
More than 9,300 homeowners lost properties last quarter More Chicago-area homeowners lost their homes to foreclosure in the first three months of the year than in any quarter in the past five years. This disturbing statistic raises doubts about the effectiveness of mortgage loan modification efforts and could put more downward pressure on property values.
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Foreclosure News Watch – Post 215

Fighting back from the foreclosure blast zone
Wed, 28 Apr 2010 01:58:42 -0700
In a city filled with foreclosures and abandoned buildings, East Warren Avenue on Detroit’s east side could be called the epicenter. Banks own 1,331 buildings in the surrounding 48224 zip code. More than 7 percent of homes in the area were in foreclosure last year — the highest rate in the city.
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Foreclosure News Watch – Post 214

100-year-old Monee woman faces foreclosure
Tue, 27 Apr 2010 23:00:24 -0700
An army of volunteers seeks to help Aunt Aggie, a 100-year-old Monee woman who raised 40 foster kids on her farm Let the bankers come with their foreclosure notices. Invite the building inspectors, too. At 100 years old, Agnes Albinger has lived on her 70-acre patch of farmland longer than most of those people have been alive.
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Foreclosure News Watch – Post 213

She’s 100 years old and facing foreclosure
Tue, 27 Apr 2010 19:04:15 -0700
Let the bankers come with their foreclosure notices. Invite the building inspectors, too. At 100 years old, Agnes Albinger has lived on her 70-acre patch of farmland longer than most of those people have been alive. She has seen two world wars come and go, survived the Depression — in part by subsisting on minnow stew — and raised 40 foster children. Now, she has become a rallying point in …
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Foreclosure News Watch – Post 212

Bankruptcy Stalls Extreme Makeover Foreclosure
Tue, 27 Apr 2010 10:40:05 -0700
Milton and Patricia Harper narrowly avoided foreclosure. Again. The couple has filed for Chapter 13 bankruptcy for the second time, forestalling a foreclosure.
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