Posts Tagged ‘Kansas’

Foreclosure activity fell in Kansas, Missouri in first quarter – Kansas City Star

TIME Foreclosure activity fell in Kansas, Missouri in first quarterKansas City StarFewer homes in Kansas and Missouri entered the foreclosure process in the first quarter this year compared with the same period in 2011, according to a report released Thursday. Data from RealtyTrac Inc. showed a 25.6 percent decline in home …US Foreclosure Activity Near [...]

Third-quarter foreclosures by major banks up 21.1 percent – Kansas City Star

Press TV Third-quarter foreclosures by major banks up 21.1 percentKansas City StarThe Office of the Comptroller of the Currency said new foreclosures initiated by eight large national banks and One West Bank federal savings association in Pasadena, Calif., rose from the second quarter of this year as mortgage servicers lifted holds …Home foreclosures jump in [...]

Counselors who help homeowners avoid foreclosure are becoming scarce – Kansas City Star

Kansas City Star Counselors who help homeowners avoid foreclosure are becoming scarceKansas City StarAffordable Housing Centers of America closed its foreclosure counseling office here two years ago. And El Centro in Kansas City, Kan., ended its foreclosure counseling effort last November. Legal Aid of Western Missouri let go one of its housing … View full [...]

Growing home foreclosures pinch Kansas utilities – Sacramento Bee

Growing home foreclosures pinch Kansas utilitiesSacramento BeeKansas City Power & Light Co. officials were optimistic that 2011 would be the year the economy — and electric meters — started humming along again. But after six months some troubling figures emerged. …and more » View full post on foreclosures – Google News

Q&A: Deed in lieu of foreclosure saves time as a last resort – Kansas City Star

Q&A: Deed in lieu of foreclosure saves time as a last resortKansas City StarQUESTION: Can you please explain what a deed in lieu of foreclosure is and how it works? ANSWER: In a deed in lieu of foreclosure, you surrender your home to the lender to avoid the hassle of the lender filing a foreclosure [...]

Kansas City foreclosure rate rises in March – Bizjournals.com

Providence Business News Kansas City foreclosure rate rises in MarchBizjournals.comMarch foreclosure rates for the Kansas City metro rose compared with a year earlier, but the mortgage delinquency rate dropped. According to data from CoreLogic, the March foreclosure rate for outstanding mortgage loans was 1.87 percent. …Foreclosures keep declining locallyWilkes Barre Times-LeaderForeclosures up in OC, says [...]

Foreclosures have large slice of market, but narrow range of buyers – Kansas City Star

Foreclosures have large slice of market, but narrow range of buyersKansas City StarLast year, 28 percent of all homes sold in the United States were properties repossessed by lenders, said Rick Sharga, chief economist at RealtyTrac, a California firm that tracks foreclosures. In a normal year, he said, distressed homes would have …and more » View [...]

Foreclosures offer new twist on old game: flipping houses – Kansas City Star

Foreclosures offer new twist on old game: flipping housesKansas City StarMYRTLE BEACH, SC – What started as a hobby for Keith Gamble is now a risky, exciting, full-time job: buying properties at the monthly foreclosure sale and flipping them. Gamble, and others like him, are a new generation of property …Foreclosures offer new twist on [...]

Banks sprucing up foreclosures to boost sales – Kansas City Star

Banks sprucing up foreclosures to boost salesKansas City StarIn this case, though, the seller is Wells Fargo Bank, and the home Schramm and Siwicki are buying is a foreclosure. There are still plenty of dilapidated foreclosures on the market marred by water damage, mold, broken windows and missing plumbing …and more » View full post on [...]

Nevada, Arizona sue Bank of America over failed mortgage aid – Kansas City Star

Straits Times Nevada, Arizona sue Bank of America over failed mortgage aidKansas City StarThe desert states, among the hardest hit by foreclosures, are also part of a 50-state coalition that is negotiating with major banks over a host of …Arizona, Nevada accuse Bank of America of foreclosure fraudUSA TodayTwo States Sue Bank of America Over [...]