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Kevin Bouffard | THE LEDGER | “Controversial Lakeland developer Jeff Holden may lose a significant chunk of his commercial real estate holdings to foreclosure unless he can come up with almost $18 million to pay off the mortgages. Two Holden properties have already been placed into receivership under foreclosure actions that began in February 2012 while aRead more

Donna Gehrke-White | Sun Sentinel | “The Plantation company that handles Broward and Miami-Dade’s online foreclosure auctions and Palm Beach County‘s tax lien sales declared bankruptcy after it was ordered to put up a $4.3 million bond to fight a $8.1 million jury award to its archrival for software patent infringement. On Friday, a U.S. bankruptcy judge in FortRead 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

CHRISTOPHER S. RUGABER | AP | BayNews9 | In this Tuesday, June 11, 2013, photo, a single house is offered for sale in Santa Monica, Calif. Sandard & Poor’s/Case-Shiller reports on home prices in May on Tuesday, July 30, 2013. (AP Photo/Nick Ut) “U.S. home prices jumped 12.2 percent in May compared with a yearRead more

Francys Vallecillo | World Property Channel | “The number of completed foreclosures in the U.S. decreased 20 percent in June from the same time last year, according to the latest data from CoreLogic. The data also showed positive signs for the foreclosure inventory in the U.S. In June, there were about one million homes inRead 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

Paul Brinkmann | South Florida Business Journal | “An apparent oversight by JPMorgan Chase Bank recently led to the dismissal of a foreclosure on Valerie Kaan’s $8 million waterfront home in Boca Raton. The bank requested dismissal of the 2008 case when Kaan’s attorney, Roy Oppenheim, objected to the sudden appearance of the original note on the loan. The bankRead more