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by HousingWire Staff | “Arizona and California are no longer the foreclosure laughingstocks of the nation, according to USA Today reporter Tim Mullaney. In fact, the sand states recently staged an amazing recovery on the foreclosure front. In his USA Today update, Mullaney writes: In states hit hardest by the housing bust — Arizona, California,Read more

Jeff Harrington | Tampa Bay Times |  “The latest job cuts will be split between two Chase locations near Tampa International Airport and are effective Oct. 11. JPMorgan Chase is closing several business units in Tampa set up to help distressed homeowners, a decision that signifies an improving economy even as it triggers more than 600Read more

Wayne T. Price and Lee Nessel | Florida Today | “Many area Realtors, and others involved in the housing market, say changes probably are needed with Fannie Mae and Freddie Mac but the key will be moving slowly and cautiously. “This is a very forward-looking notion,” said Geoffrey K. Turnbull, a professor of real estate atRead more

Megan Hopkins | Housing Wire | “The Obama Administration’s foreclosure mitigation programs continue to assist million of homeowners throughout the country as housing continues to bounce back from a crisis that left too many homeowners underwater. Nonetheless, the government is staying cautious about issues in mortgage servicing. Delinquencies remain high, the Obama Administration’s scorecard revealed, especially whenRead more

ASSOCIATED PRESS | “President Barack Obama says the housing market is healing, but it’s time to turn the page on the “bubble-and-bust mentality” that led to the market’s collapse. In his weekly radio and Internet address, Obama calls on Congress to let all Americans refinance at current low rates. He wants more help for first-time homebuyers andRead more

Tim Mullaney | USA TODAY | “After years of being the USA’s foreclosure laughingstocks, Arizona and California now have better credit than the rest of us. That’s from an analysis released last week by Fannie Mae, which chronicled the performance of its $2.8 trillion loan portfolio. In states hit hardest by the housing bust — Arizona,Read more

Ashlyn Nelson | “U.S. housing markets may be emerging from the foreclosure crisis, but for many children, problems caused by the slide in home values haven’t ended. Foreclosure can have a lasting impact on children’s academic performance, says Ashlyn Aiko Nelson, an associate professor in the School of Public and Environmental Affairs at IU Bloomington. “WeRead more

Allison Halliday | Realty Biz News | “According to an article by AOL , home foreclosure filings in the US reached a six and half year low in June, based on figures from a RealtyTrac. Apparently there were 127,790 properties with foreclosure filings for that month, a decrease of 14% compared to May, and a massive 35% decrease comparedRead more

by Reuters |   “NEW YORK — U.S. home foreclosure filings tumbled in June to a 6½-year low, a further sign the housing market is getting back on better footing, a report from RealtyTrac showed Thursday. Overall, 127,790 properties had foreclosure filings last month, down 14 percent from May, and down 35 percent from a year earlier. ItRead more

Elizabeth Atkins | Eastern Morning Herald | “In the month of May 2013, foreclosure rates in Southwest Florida were down quite a bit, but not enough to prevent the area from having one of the highest foreclosure rates in the United States. Data analysis firm CoreLogic’s statistics released recently show that the foreclosure rate inRead more