The city of Kenosha in Wisconsin is planning to use the almost $1.7 million in federal funds to buy properties on foreclosed home listings. Recently, members of the Kenosha council approved the collaboration between the city and the Wisconsin Department of Commerce for a federal neighborhood stabilization
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Lenders Not Doing Enough to Contain Bank Foreclosure Homes
The Obama Administration's $75 billion loan modification was able to help only 9 percent of qualified borrower as of July, according to a report released by the U.S. Treasury Department as part of its strategy to force lenders to modify more troubled mortgage loans to trim the growing number of bank foreclosure homes in the country.
Bank Foreclosed Threat on 428-Unit Apartment in Iowa
The 428-unit W.D.M. apartment complex in West Des Moines, Iowa is under bank foreclosed threat for defaulting on a $43.8 million loan it took out from the limited partnership of New York Credit Funding.
Bankruptcy Dismissal Means a Foreclosed Bank Owned Resort
There is a big possibility that the bankruptcy case involving the $100-million golf and residential property located in southeast of Yakima, Washington would be dismissed, unless something changes in the coming months.
Bank Foreclosures for Sale Up in Resort Areas
The real estate markets in Colorado and Wyoming are in a slump. Industry experts said that many offers to buy have been made on existing properties and bank foreclosures for sale but most of them are 40 percent less than the discounted prices.
Funds for Renovating Bank Foreclosed Homes for Sale
Abandoned and vacant bank foreclosed homes for sale will have a chance to be renovated using federal funds from the Texas Department of Housing and Community Affairs (TDHCA). In Midland County, the number of foreclosure properties continues to increase since last year, albeit in a slow pace.
Counseling to Avoid Bank Foreclosures
Several programs are available for distressed homeowners in Missouri who want to save their properties from foreclosures. One of the most popular forms of staving off bank foreclosures is
Foreclosures for Sale May Still Affect Home-Loan Bonds
Investors should not rush into investing in U.S. home-loan bonds because the recent increases in home prices do not fully reflect the true level of foreclosures for sale inventories in the country, according to New York-based Barclays Capital analysts Glenn Boyd and Ajay Rajadhyaksha.
Increase in Bank Foreclosed Homes in Affluent Neighborhoods
The foreclosure crisis has reached the trendiest and wealthiest neighborhoods in New York City. In Manhattan, one out five home sellers has experienced a loss on home sales.
Las Vegas Single-Family Homes, Foreclosure for Sale Condos
The number of investors who purchased new and previously owned single-family detached houses in Las Vegas increased in June, based on data gathered by housing analysts.
Foreclosed Home Rates Not Going Down Anytime Soon
A national study of the foreclosure market showed that the metropolitan area of Kansas City in Missouri experienced a decline in foreclosure activity in the first six months of the








