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a total of 2 percent of all homes with a mortgage in massachusetts were in the foreclosure inventory as of april, better than the nation's 3.4 percent average, according to a new report from california data firm corelogic.
state grabs $7.7m of foreclosure settlement
the mortgage foreclosure fiasco has turned out to be a bonanza of sorts for mississippi state government. mississippi’s general fund will receive a $7.7 cash infusion from the national legal settlement state attorney general jim hood and 48 other attorneys general negotiated with giant mortgage servicers bank of america , citi, chase, gmac and wells fargo.
foreclosure homes make up 26% of residential sales, report says
more than a quarter of u.s. homes sold in the first quarter were bank-owned or in pre-foreclosure, according to a new report from realtytrac.
foreclosure-related sales at 26 percent
irvine, 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.