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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

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

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

Christina Mlynski | Housing Wire | While the housing market is on the mend — with progress even in the hardest-hit states — the backlog of homes in foreclosure and real-estate owned properties is still clogging the pipeline, analysts claim. The East Coast is a testament to such findings, where the duration of the foreclosureRead more

eCreditDaily | “There is a considerably larger volume of loans in the foreclosure process in judicial states — where a judge presides — and that appears to be impeding home price recovery in those states. An analysis by the Federal Reserve Bank of New York shows that the average number of days that a mortgageRead 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

Watch List News | “HARP Mortgage Lender, a national Internet network of pre-approved loan specialists qualified to deal in the Obama administration’s Home Affordable Refinance Program (HARP), reports that recent government figures see Florida borrowers using more HARP loans for deeply underwater borrowers than any state in the nation—a clear signal that updates made to the program,Read more

  Jose Lambiet | “According to court records, the digs on SW 112th Street in the Westwood Lake area of Miami are also owned by Sierra’s mother, Lucero, and will be sold to the highest bidder Aug. 27. Karent Sierra’s house, at 5750 SW 112 Avenue, is to be sold to the highest bidder after the foreclosure (Zillow.com) TheRead more

CBS Miami | (Photo by Al Messerschmidt/Getty Images) “FORT LAUDERDALE (AP) — Former Miami Dolphins quarterback Daunte Culpepper has lost one of his South Florida homes he owned to a bank in a foreclosure case. Broward County court records show the 9,867-square-foot home was surrendered in April to SunTrust Bank in lieu of foreclosure. TheRead more