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Stories related to: foreclosure

Report: Investors Flipping Fewer Homes

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.

BasicGov / Flickr

Report: Foreclosure Activity Below Pre-Recession Levels

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.

Rich Pedroncelli / Associated Press

Sacramento Investigators Helped Spur Goldman Sachs Settlement

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.

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.

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