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Tag Archives: foreclosures

Dissent gets New York AG booted from foreclosure investigative panel

New York Attorney General Eric Schneiderman just couldn’t play nice with his fellow attorneys general in their quest to settle with America’s largest banks and mortgage companies over flawed foreclosures. Iowa Attorney General Tom Miller kicked Schneiderman off the 13-member executive committee of attorneys general he chairs after the New Yorker raised too many objections about a possible settlement with ...

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RealtyTrac: State's foreclosures 'dropped sharply'

ACROSS MISSISSIPPI — The number of Mississippi homes being sold in some stage of foreclosure has dropped sharply over the past year. Irvine, Calif.-based RealtyTrac said 99 foreclosed homes were sold in the state in the April-through-June period at an average price of $145,331. That represented a 20.7 percent discount from homes that were not in foreclosure and 9.5 percent ...

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Foreclosures up in metro Jackson, down on Coast

JACKSON and GULF COAST — The Jackson metropolitan area saw a higher year-over-year rate in the number of foreclosure actions taken against homeowners during the first six months of 2010. In the meantime, Gulfport-Biloxi recorded a sharp drop. Irvine, Calif.-based RealtyTrac said that Jackson had foreclosure-related filings against 608 properties from January through June. That hit one in every 370 ...

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State's foreclosures fell during second quarter

ACROSS MISSISSIPPI — The number of Mississippi residents threatened by the loss of their homes dropped during the second quarter. Irvine, Calif.-based RealtyTrac says that for the three months ending June 30, 840 properties were targeted by some foreclosure-related action. But for those it was largely the end of the line, as 514 were repossessed by lenders and the other ...

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Report: Mississippi's foreclosures fall — slightly

ACROSS MISSISSIPPI — The number of Mississippi homeowners facing foreclosure has taken a slight dip. Irvine, Calif.-based RealtyTrac, which tracks foreclosures nationwide, said that in April, foreclosure-related actions were taken against 361 properties in Mississippi. Those actions ranged from an initial notice of default to outright repossession by a lender. Last month, 149 properties were scheduled for a foreclosure sale. ...

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RealtyTrac: State's foreclosures fell during first quarter

ACROSS MISSISSIPPI — The number of Mississippi homeowners ensnarled in foreclosure dropped during the first quarter of 2011, although lenders still seized 594 properties, a national foreclosure tracking firm said today. For January-through-March, 1,083 properties in the state were hit by some kind of foreclosure-related action, ranging from an initial default notice to outright repossession, Irvine, Calif.-based RealtyTrac said. Those ...

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Absent distress sales, Jackson home prices would show rise

Metro Jackson foreclosure rates are up and home prices are down, though one tracker of the relationship between foreclosures and home prices says that price declines in Jackson and nationwide are mostly occurring in the distressed segment of the market. California real estate research firm CoreLogic reports foreclosures in the Jackson area increased 0.48 percentage points in January compared to ...

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Foreclosures prove mixed bag in Magnolia State

ACROSS MISSISSIPPI — As the national home foreclosure crisis spread out of its initial hotspots, foreclosure activity fell last year in Jackson, while rising sharply in Gulfport-Biloxi, a national tracking firm said Thursday. Irvine, Calif.-based RealtyTrac said that nationally, foreclosure filings for homeowners increased in 72 percent of the 206 metropolitan areas it surveyed. Those filings ranged from an initial ...

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Survey: State's foreclosures soared in 2010

ACROSS MISSISSIPPI — Although Mississippi has avoided the crux of the national housing crisis, the number of properties targeted by foreclosure filings in 2010 jumped more than twofold from two years ago, a national tracking firm said today. In addition, foreclosure action picked up in the state during the latter portion of the year. Irvine, Calif.-based RealtyTrac said 5,280 properties ...

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Chief adviser for new finance bureau wants to get tough on faulty foreclosures

By Ted Carter A strong and functioning consumer financial protection bureau as envisioned by the Dodd-Frank banking reform law could have prevented the current mortgage foreclosure fiasco, says Elizabeth Warren, a Harvard University law school professor appointed by President Obama to oversee development of the new Consumer Financial Protection Bureau. Writing in a Miami Herald op-ed, Warren blamed the spread ...

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