Housing Market

Bank pulls LaGrave Field from foreclosure auction

15 days ago

"In April, a bankruptcy judge ruled that the foreclosure of the near north side property, home to the Fort Worth Cats baseball team, could move forward.

Summary Box: Foreclosures squeeze US home prices

21 days ago

FORECLOSURES STILL A DRAG: Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak.

Foreclosures squeezing US home prices and sales

21 days ago

Foreclosures are a big reason prices are falling fast in Atlanta, where the average price sank 17.3 percent in February compared with a year earlier.

Inspector General: Foreclosure aid program flawed

34 days ago

The program "is creating long-lasting foreclosure prevention capabilities," Treasury Assistant Secretary Timothy Massad says in the letter.

March foreclosure activity down to near 5-year low

34 days ago

In contrast, many states where courts must sign off on foreclosures saw outsized increases foreclosure activity, including Indiana (45 percent), Connecticut (38 percent) and Florida (26 percent).

IMF notes failures of US foreclosure programs

36 days ago

The International Monetary Fund says the Obama administration's struggles to ease the U.S. foreclosure crisis show how high levels of household debt slow recoveries from deep recessions.

Foreclosure of LaGrave Field likely after mediation fails

40 days ago

Bell's lawyer told a bankruptcy judge Thursday that the Dallas businessman has agreed to the foreclosure after trying for months to avoid losing control of the north Fort Worth stadium he built.

Morgan Stanley to pay for some US foreclosures

43 days ago

The Federal Reserve says Morgan Stanley will review foreclosures carried out by its old mortgage subsidiary and reimburse any homeowners who were improperly forced out of their homes.

Sheraton Fort Worth Hotel files for bankruptcy

49 days ago

Vestin sued in Tarrant County four days before the scheduled March 6 foreclosure auction, maintaining that Dougherty is barred from foreclosing before June 6 under terms of the lending agreement.

BofA to offer rentals as foreclosure alternative

54 days ago

Bank of America says it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners.

Judge halts foreclosure auction of Sheraton Fort Worth Hotel

71 days ago

A state district judge has temporarily stopped today's scheduled foreclosure auction of the Sheraton Fort Worth Hotel to give the new owner time to find financing and work out other issues.

Judge halts foreclosure on Sheraton Fort Worth Hotel

71 days ago

Minneapolis-based Dougherty posted the property for foreclosure on Feb. 9, saying Presidio Hotel Group defaulted on a $40 million loan from 2007.

Foreclosures comprised smaller slice of 2011 sales

76 days ago

But they remained an outsize portion of total sales compared 2005, when sales of previously occupied homes peaked and foreclosure sales comprised less than 1 percent of all sales, the firm said.

Past foreclosure means waiting years for new loan

83 days ago

That's because mortgage-lending guidelines that most banks follow prohibit them from making loans to people with foreclosure or a short sale in their credit history, often for years.

Foreclosure activity edges higher in January

90 days ago

"There are tons of homes sitting out here vacant that people haven't paid on for two years, or whatever the case, that should be in the foreclosure pipeline and are not yet," Herwick said.

Agreement is expected to cause short-term spike in foreclosures

95 days ago

About 1 million foreclosures will be completed this year, up 25 percent from 2011, RealtyTrac said.

$25B settlement reached over foreclosure abuses

96 days ago

The Obama administration's signature foreclosure-prevention program has failed to help more than half of those who have applied to have their mortgage payments lowered permanently.

Calif. and NY considering foreclosure-abuse deal

99 days ago

California and New York were considering Monday whether to join most other states in backing a long-awaited settlement with banks over foreclosure abuses.

Florida GOP voters hurt by economy, foreclosures

105 days ago

Half said home foreclosures are a major problem in their communities, reflecting the state's status as one of the hardest-hit in the nation by a glut of homeowners who have lost their mortgages.

Toll Brothers starts work on Colleyville lots

110 days ago

Luxury home builder Toll Brothers said the company has started work in three Colleyville subdivisions where it acquired property at bankruptcy and foreclosure auctions last fall.

Foreclosures made up 20 pct. of home sales in 3Q

111 days ago

"As the foreclosure industry gets clarity on the foreclosure process, they will be able to push more of these foreclosures to sale," said Daren Blomquist, a vice president at RealtyTrac.

Calif. lawmakers to Obama: Do more to solve foreclosure crisis

111 days ago

These notices, the first step in the formal foreclosure process, dropped from the same period in 2010, but they are still high by historic standards.

Judge OKs mediation in LaGrave Field bankruptcy

118 days ago

A hearing on that motion is set for Feb. 9, and Amegy's lawyer, Dee Kelly Jr., told the judge that the bank doesn't want to move that date, which in the event of a favorable ruling would give it...

Foreclosures, bankruptcies fall, but problems remain

125 days ago

Nearly 2.7 million foreclosure filings - which included default notices, scheduled property auctions and bank repossessions - were reported on roughly 1.9 million properties last year.

Owner of LaGrave Field files for bankruptcy protection

133 days ago

The company that owns LaGrave Field, where the Fort Worth Cats minor-league baseball team plays, filed for bankruptcy court protection, preventing a scheduled foreclosure sale of the property...

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