News on RealtyTrac Inc.

U.S. 2009 foreclosures shatter record despite aid

2010-02-22T20:32:30Z

<div><p>NEW YORK (Reuters) - U.S. foreclosure actions shattered all records in 2009 and will do so again this year, with unemployment and wage cuts overcoming programs to remedy failing home loans, RealtyTrac said on Thursday.</p><p>A record 2.8 million prop...

Foreclosure buyer demand dips as supply mounts

2010-02-23T15:42:54Z

<div><p>NEW YORK (Reuters) - U.S. home buyers are less willing to buy foreclosed properties than they were six months ago, citing risks like hidden costs, but demand could grow because of the government's expanded tax credit, a survey showed on Tuesday.</p><p>A continued drop in demand for the glut of foreclosed proper...

Foreclosures Up Five Percent In Third Quarter

2010-02-24T18:06:51Z

<div id="subtitle">Filings set quarterly record</div><div><p>Foreclosure filings -- default notices, scheduled auctions and bank repossessions - during the third quarter were up five percent from the from the previous three months and up nearly 23 percent from the same period a year ago, </p><p>In its U.S. Foreclosure Market Report, RealtyTrac notes t...

Foreclosure Activity Slows For Third Straight Month

2010-02-24T06:04:53Z

<div id="subtitle">October foreclosure activity down from previous month, but up year-over-year</div><div><p>Things are getting better on the foreclosure front -- or are they?</p><p>Foreclosure filings, which include default notices, scheduled foreclosure auctions and bank repossessions, were down three percent during October from the previous month. However RealtyTrac, a foreclosure tracking firm, shows foreclosure filings - default notices, scheduled auctions...

Foreclosure filings dip from July to August

2010-02-25T09:37:19Z

<div id="subtitle">Foreclosure filings drop slightly from July to August, but still up 18 percent from last year</div><div><p>The number of U.S. households threatened with losing their homes held steady last month, a sign that lenders' efforts to help distressed borrowers may be having a gradual impact.</p><p>But one month does not make a trend.</p&...

U.S. foreclosures near record, peak in late '10: report

2010-02-25T09:37:07Z

<div><p>NEW YORK (Reuters) - U.S. mortgage foreclosure filings in August hovered near July's record high despite broad efforts to keep borrowers in their homes and will probably rise for another year, according to a report released on Thursday.</p><p>Filings -- including notices of default, auction and bank repossessio...

U.S. home foreclosures set another record in July

2010-02-25T20:58:58Z

<div><p>NEW YORK (Reuters) - U.S. home loans failed at a record pace in July despite ongoing federal and state programs to avoid foreclosures, which have severely strained housing and the economy.</p><p>Foreclosure activity jumped 7 percent in July from June and 32 percent from a year earlier as one in every 355 househ...

Sunbelt Cities See Rise In Foreclosures

2010-02-26T02:47:59Z

<div id="subtitle">But some previous foreclosure hotspots see decline</div><div><p> While recent evidence suggests a possible bottoming in the housing market, stemming the tide of foreclosures will be key to any housing turnaround. In the first half of 2009, foreclosures appear to be clustered in four sunbelt states. </p><p>In its Midyear 2009 Metropolitan Foreclosure Market Report,

Unemployment spreads distress in U.S. home loans

2010-02-26T03:02:02Z

<div><p>NEW YORK (Reuters) - Cities in the U.S. Sun Belt states of California, Florida, Nevada and Arizona dominated the record foreclosure spree in the first half of the year, but distress in other regions emerged as ...

Key U.S. factory index slips, jobless claims tumble

2010-02-26T08:43:08Z

<div><p>CHICAGO (Reuters) - The number of Americans lining up for jobless benefits tumbled in the latest week, a decline seen as distorted by upheaval in the auto industry, while a key regional factory index slipped in July, reports showed on Thursday.</p><p>At the same time, U.S. home foreclosures raced to a record high in the fi...

Foreclosures at record high in first half 2009 despite aid

2010-02-26T08:55:42Z

<div><p>NEW YORK (Reuters) - U.S. home foreclosure activity galloped to a record in the first half of the year, overwhelming broad efforts to remedy failing loans while job losses escalated.</p><p>Foreclosure filings jumped to a record 1.9 million on more than 1.5 million properties in the first six months of the year,...

May foreclosures third highest on record

2010-02-26T22:32:04Z

<div><p>NEW YORK (Reuters) - U.S. foreclosure activity for May ebbed from April's record, but mortgages still failed at a staggering pace as President Barack Obama's rescue programs had not had time to fully take root, RealtyTrac ...

May U.S. foreclosures third highest on record

2010-02-26T22:35:44Z

May U.S. foreclosures 3rd highest on month on record

2010-02-26T22:36:51Z

U.S. foreclosures jump to record high

2010-02-27T11:19:28Z

<div><p>NEW YORK (Reuters) - U.S. foreclosure activity in April jumped 32 percent from a year ago to a record high, and should mount because temporary freezes on foreclosures ended in March, RealtyTrac said on Wednesday.</p><p>One in every 374 households wit...

RealtyTrac: April foreclosures rise 32 percent

2010-02-27T11:19:35Z

<div id="subtitle">April foreclosures rise 32 percent, with more bank reposessions likely to come</div><div><p>The number of U.S. households faced with losing their homes to foreclosure jumped 32 percent in April compared with the same month last year, with Nevada, Florida and US homes in April, said Reuters) - U.S. foreclosure activity in April jumped 32 percent from a year ago to a record high, and should mount because temporary freezes on foreclosures ended in March, RealtyTrac said on Wednesday.</p><p>One in every 374 households wit...

SC court halts thousands of home foreclosure sales

2010-02-27T15:18:29Z

<div id="subtitle">Top SC court halts thousands of foreclosures to let owners refinance; may be first in nation</div><div><p>South Carolina's highest court on Tuesday temporarily stopped thousands of pending foreclosure sales in the state to give homeowners more time to take advantage of a new federal program to help them refinance mortgages.</p><p>The injunction — which mortgage experts said appeared to be the n...