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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

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

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

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

by Kim Miller | “The goliath air conditioning system in the Palm Beach County courthouse is chugging full tilt as the temperature nears 90-degrees outside and, up on the fourth floor, the foreclosure court sign-in line grows. It’s been more than five years since Florida was rocked by the housing crisis, three years since theRead more

Robert Trigaux | Times Business Columnist | “Consumer ripoffs, scams and disputes are alive, well and changing as the nation emerges from recession, consumer protection experts said Tuesday. “There is a boundless creativity of scammers to find new ways to fleece consumers,” warns Susan Grant, the Consumer Federation of America’s director of consumer protection. Unlicensed contractingRead more

By Erika Engle | “Total foreclosures in the U.S. in June were down to 55,000 from 68,000, or nearly 20 percent in June of 2012, according to analytics firm CoreLogic. Prior to the 2007 housing market decline, completed foreclosures averaged 21,000 per month between 2000 and 2006, the company said. Hawaii was among the five statesRead more

Lisa Mahapatra | International Business Times | “A total of 55,000 foreclosures were completed in June, a 20 percent decline from a year earlier, according to a just-released report from CoreLogic , a financial services and analytics firm. The number of distressed homes have fallen for 19 consecutive months, as have the number of homes that are seriouslyRead more