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National Mortgage Professional Magazine | “RealtyTrac released its U.S. Foreclosure Market Report for May 2014, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 109,824 U.S. properties in May, a five percent decrease from the previous month and a 26 percent decrease from May 2013 to the lowest monthlyRead more

By Marcie Geffner of Bankrate.com “Buying a home is a challenging goal for most hopeful homeowners. But for those who have experienced a bankruptcy, foreclosure or short sale, the hurdles are even higher. Still, it’s not impossible to buy a home after financial difficulties, says Dan Keller, a mortgage banker with Hometown Lending in Everett, Wash. In fact,Read more

Staff | Tampa Bay Business Journal | “Tampa socialites Jill and Dr. Scott Kelley have avoided losing their mansion on Bayshore Boulevard to foreclosure. Under a mortgage modification with , the Kelleys have agreed to pay $9,747 per month until they repay the $1.7 million still owed on the house, the Tampa Bay Times said. According to documents filedRead more

Mamta Badkar | Business Insider | “112,498 U.S. properties received foreclosure filings in February, according to RealtyTrac. This was down 27% from a year ago and was the lowest monthly total since December 2006. In fact, one in every 1,170 U.S. homes received a foreclosure filing in February. But the headline number can be misleading. “Cold weather andRead more

Martha Brannigan | The Miami Herald | “Florida remained the No. 1 state in the nation in foreclosure activity in February despite a long trend of improvement, according to RealtyTrac. For February, Florida’s foreclosure activity, which is a tally of initial filings, auction notices, and lender repossessions, dropped 24 percent from a year earlier, the Irvine,Read more

Jann Swanson | Mortgage News Daily | “After spiking 8 percent in January, foreclosures filings have resumed their downward spiral RealtyTrac said today.  Its U.S. Foreclosure Market Report for February notes that filings, including default notices, scheduled auctions, and bank repossessions or completed foreclosures, decreased by 10 percent from January and were 27 percent below levels one yearRead more

MICHELLE A. SAMAAD | Credit Union Times | “Without Walls International Church has filed for Chapter 11 bankruptcy protection in an ongoing foreclosure dispute with the $1 billion Evangelical Christian Credit Union. The Tampa, Fla.-based mega church filed on March 5 owing $29 million to Evangelical Christian, according to local media reports. The church had defaulted onRead more

Greg Allen | NPR | “It’s taken several years, but in many parts of the country, home prices are nearly back to where they were at the peak. In places like Florida, where the housing recession hit hard, home prices rose last year by one-fifth or more. A major factor in the price rise is hedgeRead more

STUART KORFHAGE | St. Augustine Record | “While Florida continues to put up alarming foreclosure numbers, Circuit Court Judge Howard Maltz of St. Johns County is starting to see stats he likes. According to data compiled by the state, Maltz and other county staff — including some senior judges — have managed to reduce theRead more

WCTV | “Bob Wallerius walks with a noticeable limp. He’s had 40 surgeries after a bad traffic accident. On the day he spoke to Eyewitness News, a foreclosure sale was scheduled for his northwest Tallahassee home. “Had to go to bed one more night not be able to sleep and wake up trying to haveRead more