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Shanthi Bharatwaj | NuWire | “A total of 127,790 properties had foreclosure filings in June, down 14% from the previous month and down 35% from a year ago, reaching their lowest level since December 2006, according to a report released by RealtyTrac. In the first half of 2013, a total of 801,359 properties had a foreclosureRead more

  Jose Lambiet | “According to court records, the digs on SW 112th Street in the Westwood Lake area of Miami are also owned by Sierra’s mother, Lucero, and will be sold to the highest bidder Aug. 27. Karent Sierra’s house, at 5750 SW 112 Avenue, is to be sold to the highest bidder after the foreclosure (Zillow.com) TheRead more

  Article By: Cory W. Eichhorn Michele L. Stocker “According to the Florida House of Representatives, the State of Florida has been negatively impacted by the national foreclosure crisis, and, as a result, Governor Rick Scott and the Florida Legislature want to minimize the impact upon the judicial branch both in terms of funding andRead more

CBS Miami | (Photo by Al Messerschmidt/Getty Images) “FORT LAUDERDALE (AP) — Former Miami Dolphins quarterback Daunte Culpepper has lost one of his South Florida homes he owned to a bank in a foreclosure case. Broward County court records show the 9,867-square-foot home was surrendered in April to SunTrust Bank in lieu of foreclosure. TheRead more

Josh Salman | Herald Tribune | “Lenders completed fewer foreclosures nationwide in May, but the rate of defaults continue to top recent years and the amount of distressed residences remains dangerously high, a new report shows. Mortgage bankers repossessed 52,000 delinquent U.S. homes in May, a 3.5 percent increase from April but down 27 percent fromRead more

By Scott Blake |     Banks and other mortgage servicers are holding many homes in foreclosure without putting them up for sale, according to local market watchers.    In fact, Florida leads the nation by far in vacant homes in foreclosure, with more than 55,000 homes in foreclosure sitting empty, according to a recent report by RealtyTracRead more

TheRealDeal.com | “Tens of thousands of Florida homeowners have abandoned properties threatened by foreclosure, a dark spot in the Sunshine State’s otherwise brightening real estate market, the Palm Beach Post reported. About 55,000 Florida homes with defaulted mortgages are deserted, nearly one third of the national total and more than triple second-place Illinois, which hasRead more

By Les Christie | @CNNMoney | “The long national foreclosure nightmare is nearing its end, with foreclosure filings hitting their lowest level since before the housing bust.   Total foreclosure filings, including notices of default, scheduled auctions and bank repossessions, dropped to 127,790 in June, down 35% over the past 12 months, according to RealtyTrac. Overall, filings haveRead more

BY: ESTHER CHO | “As Fannie Mae and Freddie Mac continue their efforts to prevent millions of foreclosures, delinquency rates are also declining, with 60-plus delinquencies down to the lowest level since the first quarter of 2009, according to a report from the Federal Housing Finance Agency (FHFA).    So far, efforts from the GSEs have led to nearly 2.8 millionRead more

Huffington Post | “My father arrived in this country from Europe in the late 1940s with a love of all things American but was especially fond of the post-war boom in emerging technology. To satisfy this hunger, he bought himself a new-fangled Webcor reel-to-reel tape recorder replete with a throbbing green “magic eye” (to monitorRead more