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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

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

Christina Sturgis | Tampa Bay Times Blog | “Florida is first in an undesirable competition – the number of foreclosures, which can take terrible toll on Tampa families and communities. One of every 409 Florida homes is in foreclosure, as of the end of 2013. According to the report by RealtyTrac, the other top states forRead more

Tom Priester | Examiner.com | “RealtyTrac says they are, but are they really? Late last week RealtyTrac released their latest Residential & Foreclosure Sales Report. That report showed a significant pull back by institutional investors in the nationwide market. Figures they compiled as of February 1st show that month over month purchases by these groupsRead more

Associated Press | “The House approved legislation Tuesday night to roll back a recently enacted overhaul of the federal flood insurance program, after homeowners in flood-prone areas complained about sharp premium increases. The bill would allow sellers to pass along their subsidized, below-market insurance rates to new buyers and lower the limit on how muchRead more

The Staff | National Mortgage Professional Magazine | “RealtyTrac released its January 2014 Residential & Foreclosure Sales Report, which shows that institutional investors — defined as entities purchasing at least 10 properties in a calendar year — accounted for 5.2 percent of all U.S. residential property sales in January, down from 7.9 percent in December andRead more

Mamta Badkar | Business Insider | “According to a report from the Mortgage Bankers Association, 11.8% of New Jersey’s loans in foreclosure are seriously delinquent. That figure sees New Jersey oust Florida from the top spot, which has 11.7% of seriously delinquent loans. New York takes the third spot at 9.11%. Following this, Bloomberg News reported that “the epicenterRead more