Cities in California, Florida, and Ohio dominated the top 25 U.S. cities with the highest foreclosure rates according to a report released by RealtyTrac on Wednesday. (more…)

U.S. residential foreclosure filings nearly doubled during the third quarter compared to the previous year. (more…)

Every time economists and Wall Street executives estimate full extent of the damages from the real estate downturn, reports indicate conditions were worse than estimates. (more…)

Think foreclosure numbers look bad now?  Mortgage foreclosures can take up to years due to Florida’s foreclosure laws. (more…)

The 700-unit Riviera Southshore condo projects on the Manatee River is facing foreclosure and the developer is still not commenting on how he plans to carry on with the project. (more…)

Citigroup announced a 57 percent profit drop for its third quarter, setting the stage for other big banks who are set to announce their earnings this week. (more…)

Foreclosures across the U.S. have nearly doubled last month compared to September of 2006 according to RealtyTrac Inc. (more…)

The House approved a mortgage debt tax forgiveness bill by a 386-to-27 vote on Thursday. (more…)

Home Flippers who bought multiple properties during the housing boom seeking to flip these properties are currently getting burned. (more…)

Mortgage defaults (or missed payments) were up 30% in September 2007 compared to September 2006 according to Mortgage Insurance Companies of America. (more…)