Foreclosure

Foreclosure filings declined in California and the Bay Area in the fourth quarter of 2011 as the housing market improved and lenders evolved their policies for home repossessions, according to a report released Tuesday by DataQuick, a real estate service based in San Diego. More >

Families in foreclosed homes are getting a holiday reprieve again this year, as government sponsored mortgage giants Fannie Mae and Freddie Mac, along with major banks such as Wells Fargo are holding off on foreclosures and evictions until 2012. More >

Uncle Sam is offering unemployed and underemployed Bay State homeowners who face foreclosure up to $50,000 in interest-free grants or loans — but you only have two weeks to sign up.

More >

A state senator from the Bronx says banks are neglecting homes in foreclosure, leading to dangerous conditions for residents.

Jeffrey Klein will release a report Monday that ranks the worst bank-owned properties in New York City. He says banks are ignoring a 2009 law that forced them to maintain properties during foreclosures.

The report comes in the wake of a fatal fire that killed a 12-year-old boy and his parents in a troubled Bronx building last April. Officials said the fire exits in the building had been blocked. The home had been in foreclosure and even city officials struggled to figure out who was responsible for it.

Valley residents appear to be making an emphasis on getting caught up on their mortgage payments, according to foreclosure and delinquency rate statistics for April released by research firm CoreLogic Inc. (NYSE: CLGX) of Santa Ana.

More >

Bank of America Corp unnecessarily burdened U.S. regulators who were reviewing the mortgage giant’s foreclosure practices, according to a court filing.

Federal regulators and state attorneys general have been investigating bank mortgage practices that came to light last year, including the use of “robo-signers” to sign hundreds of unread foreclosure documents a day. More >

Nevada bank repossessions jumped 23 percent in April to an all-time high, but the pipeline that leads to foreclosures has slowed down dramatically, according to a report from a California research firm. More >

A wave of foreclosures is forcing down home prices in most major U.S. cities. But economists and real estate agents point to what they call a key first step for any housing recovery: a decline in the glut of homes for sale in markets hit hardest by foreclosures. More >

A $1 billion program expected to help 40,000 Floridians stave off foreclosure opened statewide Monday, setting off a first-come, first-served rush for government-aided mortgage payments. More >