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  1. Property - International

    US foreclosures fall to lowest quarterly level since 2007

    Posted Apr 16th 2014, 05:39am by Reuters

    ... Reuters Foreclosure trend falls as US recovery begins There are signs that the United States' housing market is getting back on its feet- aided by rising home prices, steady job growth and fewer troubled loans. The improvement was reflected in data showing home foreclosure filings in the country fell 23 per cent last month compared with the year before. This helped ...

  2. Property - International - UNITED STATES

    Fewer foreclosures as US property market continues to improve

    Posted Sep 04th 2013, 12:00am by Reuters

    ... Reuters Fewer foreclosures as market pick-up continues There were fewer US foreclosures in July than a year ago, while properties in the foreclosure pipeline also fell as the housing market continued to improve, according to CoreLogic data. There were 49,000 completed foreclosures, down from a 65,000 in July of last year, CoreLogic said. There were 53,000 foreclosures ...

  3. Property - International - UNITED STATES

    Foreclosures surge in Baltimore, symbol of the US housing crash

    Posted Aug 21st 2013, 12:00am by BLOOM

    ... Bloomberg Baltimore foreclosures surge as legal logjam lifted Foreclosures are surging again in Baltimore, which became a symbol of the US housing crash when the city's desolate blocks of abandoned terrace homes served as a backdrop for the HBO TV series The Wire . Maryland's biggest city saw foreclosures almost triple in July from a year earlier to 2,073, ...

  4. Business - Banking & Finance - REGULATION

    New York sues HSBC for breaking foreclosure law

    Posted Jun 05th 2013, 12:00am by KANIS LI AND BLOOMBERG

    ... Kanis Li and Bloomberg State legal chief says bank giant failed to file paperwork to allow homeowners to settle loans New York sues HSBC for breaking foreclosure law New York attorney general Eric Schneiderman yesterday filed a suit against HSBC Holdings, accusing the bank of breaking state foreclosure law and putting homeowners at greater risk of losing their homes. A state ...

  5. Property - International - NORTHERN IRELAND

    Mortgage foreclosures surge in Northern Ireland

    Posted Jun 05th 2013, 12:00am by BLOOM

    ... that was designed to replace violence with prosperity, but Northern Ireland's financial troubles are deepening. Foreclosure demands by mortgage lenders are rising at the fastest rate in the United ... overstretched themselves. More and more people will find difficulty paying their mortgage." While court judgments on foreclosures do not automatically lead to homes being seized, they grant ...

  6. News - World - UNITED STATES

    US government freezes home foreclosures for victims of Sandy

    Posted Nov 07th 2012, 12:00am by Reuters in Washington

    ... Reuters in Washington The US government is also seeking hotels and motels to house tens of thousands of people Freeze on home foreclosures in storm-hit areas The US government said it had ordered the suspension of some housing foreclosures in areas hit by Hurricane Sandy and would help find hotels and motels to temporarily house some 34,000 people displaced by the storm. "We ...

  7. Strategy puts US buyers at risk

    Posted Apr 20th 2005, 12:00am by Markus Gaertner

    ... Markus Gaertner Foreclosures are rising as a third of the nation's owners who took out interest-only loans feel the pinch The buy-now-pay-later strategy of millions of American ... are slowing and price appreciation is becoming stagnant. In Ohio, which lost more jobs than any other US state since 2000, the number of foreclosures shot up by 51 per cent last month, according ...

  8. Foreclosed homes sell swiftly as prices rise

    Posted Nov 05th 2003, 12:00am by Peggy Sito

    ... With home prices rising steadily since late August, prospective buyers are looking to foreclosure sales as a way to land homes at below-market prices. Sales of foreclosed homes soared to about 600 ... a foreclosure will usually get you a discount to market price,' said Desmond Poon Chi-ming, associate director of Chartersince Surveyors, which auctions foreclosed properties. 'As lending ...

  9. Gold mine or minefield?

    Posted Oct 24th 2008, 12:00am by Neil Runcieman

    ... Neil Runcieman According to online foreclosure-tracking specialist RealtyTrac, Florida has the highest rate of foreclosure listing in the United States. This includes properties for sale during pre-foreclosure (the owners' 'grace' period for paying off the debt between foreclosure listing and the bank taking repossession), through purchase of a foreclosed property ...

  10. Property - International - UNITED STATES

    Blackstone's buy-to-rent binge over as prices surge in the US market

    Posted Mar 19th 2014, 05:14am by Bloomberg

    ... as much as 35 per cent from the 2006 peak and rental demand rose from the almost five million owners who went through foreclosure since 2008. President Barack Obama credited the investors ... started their buying spree, according to the S&P/Case-Shiller index. The rate of US foreclosure starts fell to its lowest level in eight years in the fourth quarter as higher prices allowed ...




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