Housing: Part 317 – Unsold Inventory During The Financial Crisis
Sorry, it's a bit messy. The orange line at the bottom is homes built speculatively which have not been started yet.
Sorry, it's a bit messy. The orange line at the bottom is homes built speculatively which have not been started yet.
A Winnipeg couple have been given back title of their home after a an 11-year court battle against local businessman Richard Boon, who they say swindled them out of their home. Venni and Rosa Sartor have been fighting the case since 2007, saying they were swindled out of title to their West Kildonan home by…
Farewell: Mark D'Arcy, Wells Fargo's chief operational risk officer, whose job includes oversight over regulatory reviews, annual stress tests and living wills, is leaving, effective next Tuesday, after about a year and a half with the bank. Mark Weintraub, the bank's chief auditor for consumer banking will take over. Foreclosure News
ABA Journal Daily News
With Halloween just days away, zombie foreclosures – homes abandoned by their owners but not yet seized by lenders – now account for 5.6% of all distressed properties in the Sarasota-Manatee region, according to a new report by real estate researcher Attom Data Solutions . Sarasota-Manatee ranked 37th among the 149 major U.S. metro areas…
Foreclosure postings in the Houston area were up by a staggering 67% even before the storm blew in, according to a new report by Attom Data Solutions. Economists and real estate agents predict that Houston foreclosures will rise as some owners walk mortgages on properties that were heavily damaged by flooding and had no insurance….
The Obama White House's settlement deals with major banks over mortgage finance and foreclosure abuses were widely panned as paper tigers at the time they were announced, with dollar figures too small to meaningfully punish the banks' misdeeds and fine-print conditions that shrunk the penalties even further in practical terms. But now, thanks to fresh…