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Leah Schnurr | Reuters “Lenders completed fewer U.S. foreclosures in June than they did a year ago, while the number of properties sitting in the foreclosure pipeline also decreased as the housing market continued to improve, data from CoreLogic showed on Tuesday. There were 55,000 foreclosures finished last month, down from 68,000 in June of last year,Read more

“HARP Mortgage Lenders, a national network of mortgage professionals who are approved for the Home Affordable Refinance Program , reported that recent Florida foreclosure rates are improving, but some counties are still swimming in waves of foreclosures and HARP 2.0 may just be the solution to their problem. According to RealtyTrac (the leading online marketplace for foreclosure properties and real estateRead more

MortgageOrb.com | “After five consecutive months of steady decline, the delinquency rate for U.S. home mortgages spiked nearly 10% in June, month over month, according to Lender Processing Services’ (LPS) “First Look” Mortgage Report. The total U.S. loan delinquency rate (loans 30 or more days past due but not in foreclosure) reached 6.68%, an increase ofRead more

Fox23.com | “Ally Financial and its related companies are paying about $198 million to settle federal complaints that the companies wrongfully foreclosed on homeowners. The Federal Reserve announced the agreement Friday with Ally Financial, the former lending arm of General Motors known as GMAC Mortgage. Ally’s settlement is similar to accords between federal regulators and 13 otherRead more

Ben Hallman | Huffington Post | “Like millions of Americans who tried to stave off foreclosure in recent years, Lanette Worles says her bank repeatedly lost vital paperwork she submitted, scuttling her chance at saving her home. Now, as Worles attempts to collect on a legal settlement intended as a remedy to just this type of practice, sheRead more

Martin Michaels | Mint Press News | Protesters marched for International Workers Day on May Day in Minneapolis, Minn. (Photo/Fibonacci Blue via Flickr) “Last week, housing rights advocates in 15 U.S. cities delivered 10,000 petition signatures to Chase Bank branches demanding justice for Sergio Ceballos, a Minneapolis resident who faces what advocates believe is an unjust foreclosure proceeding.Read more

Michael Sasso | Tribune Staff | “Fewer people are losing homes in the Tampa Bay area, but the region still has the nation’s sixth-highest foreclosure rate, a new ranking shows. In fact, metropolitan areas in Florida take up five of the six top spots in the nationwide ranking by RealtyTrac, a foreclosure research firm. That’s likelyRead more

Steven Perlberg |   “Real estate investors are getting back in the flipping game, netting an average gross profit of nearly $20,000 on single family home flips in the first half of 2013. Home flips are up 19% from a year ago and 74% from the first half of 2011,according to a new report from Realtytrac .Read more

Shanthi Bharatwaj | NuWire | “A total of 127,790 properties had foreclosure filings in June, down 14% from the previous month and down 35% from a year ago, reaching their lowest level since December 2006, according to a report released by RealtyTrac. In the first half of 2013, a total of 801,359 properties had a foreclosureRead more

Josh Salman | Herald Tribune | “Courts across Florida are chipping away at massive foreclosure backlogs, and while that pace may accelerate thanks to a new law aimed at further expediting the process, choked court systems remain a reality throughout the state. In the 12th Judicial Circuit, which includes Sarasota, Manatee and DeSoto counties, more thanRead more