Home Foreclosures in 2010 Top 1 Million for First Time

The report followed findings by First American CoreLogic, a real estate information firm, that the number of foreclosed homes about to go on the market has reached 1.7 million.

420-515 N.E. First Ave. and 115 N.E. Fourth St. A stalled home project in Kendall could be seized in foreclosure. failed in 2010 and had First Citizens Bank & Trust assume its assets. The property.

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1.6 Million Homes Hit With Foreclosure Notices In First Half Of 2010. "The midyear numbers put us on pace to exceed 3 million properties with foreclosure filings by the end of the year, and more than 1 million bank repossessions. The roller coaster pattern of foreclosure activity over the past 12 months demonstrates that while.

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Record 3 million households hit with foreclosure in 2009. Indiana foreclosures fell by 9.9%, Ohio by 10.5% and Rhode Island by 23.6%. California, by far the most heavily populated in the union, posted the most filings with 632,573, up 20.8% from 2008. Golden State cities have also recorded some of the steepest declines in home prices, with values falling 50% or more in some Central Valley cities.

According to FBI data, 66 percent (1,842) of all pending fbi mortgage fraud investigations opened during FY 2009 (2,794) involved dollar losses totaling more than $1 million. As of April 2010, 68.

As far as exposure goes, snl ranked barclays, New York Private Bank & Trust Corp. and Ally (GMAC) as the lenders with the highest percentage of their 1- to 4-family home loans in foreclosure..

Renee Brooks looks out of the window in her home in District Heights, Maryland.. It's the first time in her adult life being unemployed, having worked in social.. was launched in early 2010 to aid homeowners in the states with the highest. Another $1 billion program funded by the Dodd-Frank Wall Street.

Mortgage Fraud Examiners Warns Homeowners to Beware of the Latest Foreclosure Rescue Scam-Securitization Audits Sadly, homeowners have already succumbed, or will succumb to Fraud Stoppers slick marketing campaigns, but Mortgage Fraud Examiners will continue to expose these scammers, and others like them, to warn the public, and unsuspecting homeowners that may be facing foreclosure.

The administration unveiled its Making Home Affordable plan in February 2009. Obama vowed in front of an audience gathered at Dobson High School in Mesa, Ariz., that MHA’s signature effort, the Home affordable modification program, would "enable as many as three to four million homeowners to modify the terms of their mortgages to avoid foreclosure."