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ABOUT DALLAS FORECLOSURE |
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short sales of u.s. homes on track to exceed foreclosure dealsshort sales of u.s. homes rose to a three-year high in the first quarter as banks agreed to let more borrowers unload property at a loss, putting the transactions on pace to surpass deals for foreclosures, realtytrac inc. said.foreclosure-related sales at 26 percentirvine, calif., may 31 (upi) -- online foreclosure marketplace realtytrac said more than a quarter of all u.s. home sales in the first quarter involved property in some stage of foreclosure.fed publishes new set of foreclosure-review documentsthe federal reserve thursday released a set of detailed plans banks have put together to correct problems in their mortgage-servicing and foreclosure-processing operations.foreclosure money to help state budgetout of $334 million in cash payments sent to florida in a multibillion dollar mortgage settlement with major banks, more than $33 million will help bolster the state's budget. |
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