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Reuters with CNBC.com | “Fewer U.S. foreclosures were completed in May compared to a year ago, while the number of houses in the foreclosure process also declined as the market continued to heal, data analysis firm CoreLogic said Tuesday. There were 52,000 foreclosures completed, well below the 71,000 in May 2012, CoreLogic said. Even so, thatRead more

Al Sunshine | Checks earmarked for thousands of Florida foreclosure victims are finally in the process of being sent out and hundreds of millions of additional dollars more are being earmarked for new housing programs statewide. Yet there is a growing debate about where most of the money is going and if foreclosure victims are reallyRead more

Martha Brannigan | Miami Herald “It is a condominium association’s version of winning the lotto. A big bank missed its deadline to file for foreclosure on a million-dollar condo unit by 10 days. As a result, Peninsula Condominium Association in Aventura will get to keep the condo — a fancy three-bedroom, three-bathroom bayfront pad thatRead more

BRIAN J. O’CONNOR | DETROIT NEWS FINANCE EDITOR | “The former president of a Georgia company that filed more than 1 million forged foreclosure documents in Michigan and other states was sentenced to five years in federal prison Tuesday. Lorraine Brown: Former President of DocX Lorraine Brown, the former president of the DocX document processing firmRead more

by Kim Miller | “The number of foreclosed homes that have been abandoned by their owners is by far the highest in Florida with 55,503 properties sitting empty and in some stage of a bank takeover. That’s 33 percent of the national total with Illinois coming second with 17,672 vacant and foreclosed homes. In aRead more

winknews.com | “RealtyTrac® (www.realtytrac.com), the leading online marketplace for real estate data, today released a report showing that as of June owners had vacated 167,680 foreclosure properties nationwide, representing 20 percent of all U.S. properties in the foreclosure process. These owner-vacated foreclosures are in addition to 544,274 bank-owned homes nationwide that have been foreclosed onRead more

By Michelle Conlin and Peter Rudegeair | (Reuters) – “Six former Bank of America Corp employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status of their mortgage payments and documents. The bank allegedly used these tactics to shepherd homeowners into foreclosure, as well asRead more

Drew Harwell | Times Staff Writer | “Suffer a foreclosure abuse while losing your home? How does $1,480 sound? That’s how much 72,000 Floridians will receive from a big bank settlement, Attorney General Pam Bondi said Tuesday. The $106 million in checks will be split among homeowners who filed claims of wrongdoing after their foreclosure betweenRead more

Drew Harwell, TampaBay Times Staff Writer | “Half a decade since the housing bust, many foreclosures are showing their age.A quarter of cases now in Hillsborough court are at least 3 years old. So who’s keeping Florida’s more than 350,000 pending foreclosures in court?Judges largely blame the banks. State court data show banks regularly delay casesRead more

By Kenneth R. Harney, Special to the Times |   “WASHINGTON — Jeanette Ogle, a 92-year-old widow with a reverse mortgage on her house, got a birthday surprise last week: She did not lose her home at a scheduled foreclosure auction that had drawn scrutiny from federal and state agencies and consumer advocates. Because ofRead more