Two Bay Area men were among 10 other people sentenced on Monday for rigging bids at public real estate foreclosure auctions and mail fraud in San Joaquin County, the U.S. Department of Justice said. Walter Olmstead, of San Francisco, was sentenced to eight months in prison . Foreclosure News
ABA Journal Daily News
ABA Journal Daily News
The rate of home ownership – that cornerstone of middle class status and community stability – is hitting 50-year lows nationwide and continuing to fall in the Tampa Bay market years after the end of the last recession. Panic time? No, but this is a trend that needs to end, pronto. Foreclosure News
The rate of foreclosures among outstanding mortgages in the Sarasota-Manatee area stood at 1.42% in May, data provider CoreLogic reported Thursday. That is down from a high of 12.23% in June 2011, and lower than the 2.25% recorded one year earlier. Foreclosure News
Saddled by student debt and memories of the foreclosure crisis a decade ago, fewer young people are buying homes, even as rental prices march ever upward. In the Capital Region of Albany, N.Y., median monthly rent crossed the $ 900 mark two years ago and the number of “cost-burdened” renters – those spending more than […]
The home foreclosure rate in the Wichita, Kan., area continued to drop in April, as the city has largely bounced back from a decade of financial struggles in its housing sector. Foreclosure News
The Volusia-Flagler area saw foreclosure activity fall nearly 47 percent in May, compared with the same month a year ago, according to a new national report. Despite that decline, the combined two-county metro area, identified in the report as “Deltona-Daytona Beach-Ormond Beach,” had the nation's 16th highest ratio of homes in some stage of foreclosure, […]
Love-A-Child Missions in Bay Point, Calif., has been in trouble before. There were county building code violations in 2000, one consequence being the destruction of shelter founder Jerome Knott's house there. Foreclosure News
A new index shows the local concentration of registered criminal offenders, which usually reflects only registered sex offenders, but may also include other types of offenders. Zip codes with high concentrations of offenders tend to have low home values and high foreclosure rates, though the connection between offender density and home appreciation rates is more […]