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Article via: CBS, wtsp.com: “With Goldman Sachs recently agreeing to pay $5.1 billion to settle claims related to its role in the 2008 mortgage scandal, the firm became the latest big Wall Street bank to reach a deal with the U.S. government. As part of the settlement, $1.8 billion is to be set aside for programs toRead more

Eric Snider | Tampa Bay Business Journal | “If you ever get the creepy feeling that your neighborhood resembles a set from “The Walking Dead,” maybe it’s because greater Tampa Bay ranks way up on the list of zombie foreclosures. These are properties that have started the foreclosure process but never foreclosed and the homeowner has vacated.Read more

Mary Shanklin | Orlando Sentinel | “More than 5,200 Orlando-area houses in foreclosure sat vacant during the second quarter, making the region one of the leading “zombie” foreclosure markets in the country, a new report shows. In Orange, Seminole, Lake and Osceola counties, 22,700 houses and condos were in some stage of foreclosure during theRead more

SUSAN TAYLOR MARTIN | Tampa Bay Times | “In February, a new company in Tampa called RE-710 got a terrific deal. It paid $5,700 for a five-bedroom home valued at $311,000. The same month, RE-710 acquired control of dozens of other houses and condos throughout the Tampa Bay area for just cents on the dollar.Read more

National Mortgage Professional Magazine | “RealtyTrac released its U.S. Foreclosure Market Report for May 2014, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 109,824 U.S. properties in May, a five percent decrease from the previous month and a 26 percent decrease from May 2013 to the lowest monthlyRead more

Staff | Tampa Bay Business Journal | “Tampa socialites Jill and Dr. Scott Kelley have avoided losing their mansion on Bayshore Boulevard to foreclosure. Under a mortgage modification with , the Kelleys have agreed to pay $9,747 per month until they repay the $1.7 million still owed on the house, the Tampa Bay Times said. According to documents filedRead more

Mamta Badkar | Business Insider | “112,498 U.S. properties received foreclosure filings in February, according to RealtyTrac. This was down 27% from a year ago and was the lowest monthly total since December 2006. In fact, one in every 1,170 U.S. homes received a foreclosure filing in February. But the headline number can be misleading. “Cold weather andRead more

Martha Brannigan | The Miami Herald | “Florida remained the No. 1 state in the nation in foreclosure activity in February despite a long trend of improvement, according to RealtyTrac. For February, Florida’s foreclosure activity, which is a tally of initial filings, auction notices, and lender repossessions, dropped 24 percent from a year earlier, the Irvine,Read more

Jann Swanson | Mortgage News Daily | “After spiking 8 percent in January, foreclosures filings have resumed their downward spiral RealtyTrac said today.  Its U.S. Foreclosure Market Report for February notes that filings, including default notices, scheduled auctions, and bank repossessions or completed foreclosures, decreased by 10 percent from January and were 27 percent below levels one yearRead more

MICHELLE A. SAMAAD | Credit Union Times | “Without Walls International Church has filed for Chapter 11 bankruptcy protection in an ongoing foreclosure dispute with the $1 billion Evangelical Christian Credit Union. The Tampa, Fla.-based mega church filed on March 5 owing $29 million to Evangelical Christian, according to local media reports. The church had defaulted onRead more