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Stories related to: foreclosure
April 28, 2016 | Steve Milne
New real estate statistics for both California and Sacramento County show institutional investors, or companies that buy and flip homes, accounted for less than one percent of all property sales in the first-quarter.
April 14, 2016 | Steve Milne
A new real estate report finds that California is among a dozen states where foreclosure activity is now below the pre-recession average.
April 11, 2016 | Steve Milne
A Sacramento-based investigation of Goldman Sachs has helped lead to a $5 billion settlement with the bank over the sale of shoddy mortgages. The U.S. Justice Department announced the settlement Monday.
February 5, 2016 | Steve Milne
California's Department of Justice announced today it's reached a $470 million settlement with mortgage lender HSBC over foreclosure abuses. It's part of a settlement with 48 other states and the U.S. Department of Justice.
January 14, 2016 | Steve Milne
Year-end housing data released Thursday show foreclosure activity continues to decline in California. Research firm RealtyTrac says 2015's overall foreclosure numbers are the lowest in nearly a decade.
December 10, 2015 | Steve Milne
Data released today show 2,567 California homes were repossessed by banks in November. Research firm RealtyTrac says that was an increase of 26 percent compared to a year ago. Analysts say banks continue to work through the backlog of foreclosures.
September 17, 2015 | Steve Milne
Research firm RealtyTrac is out with new home foreclosure numbers for August. The data show 4,400 California properties received foreclosure starts, or notices of default. That's down 30 percent from a year ago. But bank repossessions are up.
August 20, 2015 | Steve Milne
New data from research firm RealtyTrac shows banks repossessed 3,000 California properties in July. That's up by 12 percent from June and it’s a 23 percent increase from a year ago.
June 18, 2015 | Steve Milne
Research firm RealtyTrac released its May foreclosure numbers Thursday. California posted a 31 percent year-over-year increase in bank repossessions. The numbers were similar for April.