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Stories related to: foreclosure

DOJ Announces Mortgage Abuse Settlement

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.

Rich Pedroncelli / Associated Press

Report: Foreclosures Return To Pre-Recession Levels

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.

Steve Milne / Capital Public Radio

RealtyTrac: Bank Repos Up 26 Percent Year To Date

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.

Rich Pedroncelli / Associated Press

RealtyTrac: August Foreclosure Numbers Mixed

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.

RealtyTrac: Banks Repossess More California Homes In July

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.

RealtyTrac: Bank Repos Rise In May

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.

Report: California Foreclosures Down In 2014

January 15, 2015 | Steve Milne

A report released today finds home foreclosure numbers in California have reached an eight-year low.

Yuba County

Home Rehabilitation Program Eligibility Expanded

April 7, 2014 | Bob Moffitt

Too few foreclosures? A federal program that had been limited to funding the purchase, rehabilitation, and re-sale of foreclosed homes has expanded to include vacant or substandard homes. Local agencies say foreclosed homes have been hard to find.

RealtyTrac: Home Sales Continue 7-Month Decline In February

March 27, 2014 | Steve Milne

If you’re in the market to buy your first home in California, one real estate analyst says “be patient.”

RealtyTrac: California Has Fewer Zombie Foreclosures Than U.S.

March 13, 2014 | Steve Milne

New data show California's home foreclosure starts are down again, after rising in January.

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