May Sees Pickup In Homes Facing Foreclosure Risk

Lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage for increases in home repossessions and short sales -- scenarios that could further weigh down home values in coming months.

Topics:  u.s    foreclosure   home   
BING NEWS:
  • May Sees Pickup In Homes Facing Foreclosure Risk
    New foreclosure data show that lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage for increases in home repossessions and short sales. Foreclosure listing service RealtyTrac Inc. said Thursday that the number ...
    06/13/2012 - 7:53 pm | View Link
  • May sees pickup in homes facing foreclosure risk
    LOS ANGELES – Lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage for increases in home repossessions and short sales — scenarios that could further weigh down home values in coming months. Default or ...
    06/13/2012 - 5:18 pm | View Link
  • CitiMortgage chief sees better times ahead
    A website CitiMortgage launched in December allows customers facing foreclosure or having difficulty making mortgage payments to post questions or comments to the company's support team. "There's instantaneous feedback on what's working and not working ...
    03/17/2012 - 1:00 pm | View Link
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