Tag Archives: robo-signing

New York and Florida Foreclosure Filings Decline

While foreclosure filings went up nationwide in 2010, New York foreclosure filings were down for the year.  New York state Comptroller Thomas DiNapoli was, however, quick to caution that the drop does not indicate a significant strengthening of the state’s real estate market.  Instead, … Continue reading

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Foreclosures drop 27%

Foreclosure notice filings in February dropped 14% versus January and an astonishing 27% versus February 2010, marking the largest decline ever tracked by foreclosure tracking company RealtyTrac. Is the drop in foreclosures another sign that the long national foreclosure nightmare is ending?  Not … Continue reading

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Repossessed homes top one million in 2010

Though foreclosure filings started trailing off towards the end of the year, record high foreclosure rates early on resulted in more than one million repossessed homes in 2010.  In total, 2.9 foreclosure notices were filed during the year, edging out … Continue reading

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Top mortgage lenders ready to settle

Bloomberg is reporting that the country’s five largest mortgage lenders, Bank of America, JPMorgan Chase, Citigroup, Wells Fargo and AllyFinancial are prepared to reach independent settlements with state Attorneys General as part of a nationwide investigation into foreclosure practices. Terms … Continue reading

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