04-27-2010 - Five Brothers Introduces QuickData HUD P260 Bid Data Input Service Warren, Michigan-based Five Brothers, a nationwide provider of commercial and residential mortgage default management solutions, today announced the release of its QuickData(TM) HUD P260 bid data

03-22-2010 - Foreclosures leveling off The national foreclosure rate fell 2% in February from a month earlier, according to an industry report released Thursday, the latest sign that the pace of foreclosures is slowing.

03-11-2010 - Foreclosure Filings Increase According to RealtyTrac Inc, foreclosures have increased at the slowest pace in four years.

02-12-2010 - New Program for CitiMortgage Homeowners CitiMortgage in Florida has released a new program to try and keep homeowners facing foreclosure to stay in their homes longer.

02-11-2010 - U.S Foreclosure Filings In January, foreclosure filings in the U.S have increased 15 percent and surpassed 300,000 for the 11th month straight.

02-10-2010 - Chrisley Asset Management Announces New Services to Offer Loss Mitigation to Clients Chrisley Asset Management, an industry leader in default management, today announced the integration of short sales and loan modification to clients that will streamline the process

01-28-2010 - Las Vegas Has Most Foreclosures Last year Las Vegas had the most foreclosures of any city in the U.S Las Vegas had 12 percent of it's households recieve a foreclosure filing at least once throughout the year.

01-26-2010 - 450,000 at Risk for Foreclosure Many homeowners under President Obama’s foreclosure-prevention program may be at risk of foreclosure.

01-14-2010 - Experts Predict Foreclosure in U.S Will Reach 3 Million This Year According to Realty Trac Inc, due to high unemployment and low home values, foreclosed homes in the U.S will reach 3 million this year.

01-12-2010 - Foreclosure Experts at USHUD.com Caution Consumers of New Pitfalls In a move to combat a historical foreclosure crisis, Congress passed legislation the last week of 2009 increasing federal support to Fannie Mae and Freddie Mac, the two largest players in the American mortgage industry.

01-04-2010 - Fannie Mae Redemption Fannie Mae (FNM, Trade ) will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption.

12-21-2009 - Mortgage Delinquencies Increase 20 Percent During the third quarter, prime mortgages in the U.S increased by 20 percent from the prior quarter.

12-17-2009 - Citigroup Suspends Foreclosures According to Citigroup, foreclosures will be suspended for a month to give home owners a break for the holiday season.

12-10-2009 - Foreclosures Continue to Increase According to RealtyTrac Inc, 3.9 million properties went into foreclosure, which is the record high for the second year.

11-18-2009 - Comptroller Dugan Urges Regulators Around the World to Set Minimum Mortgage Underwriting Standards Comptroller of the Currency John C. Dugan said today that regulators around the world should address the problem that sparked the financial crisis of the past

11-12-2009 - Foreclosures in the U.S Are Continuing to Increase Due to high unemployment rate, foreclosures in the U.S continue to increase with more than 300,000 homes in default for the eighth month straight.

11-06-2009 - Freddie Mac Releases Third Quarter 2009 Financial Results -- Summary Third quarter 2009 net loss was $5.0 billion. After the dividend payment of

11-03-2009 - Justice Department Obtains Record $2.725 Million Settlement of Housing Discrimination Lawsuit The Justice Department announced today the largest monetary payment ever obtained by the department in the settlement of a case alleging housing discrimination in the rental

11-02-2009 - LPS Announces Acquisition of Auction Solutions Provider for Residential REO Properties Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, today announced its acquisition of

10-29-2009 - 18.8 Million Homes Vacant in Third Quarter During the third quarter 18.8 million homes were vacant, due to the increase in foreclosures and the decrease in new home sales.

10-28-2009 - Las Vegas Has Highest Foreclosure Rate According to Realty Trac Inc, Las Vegas had the highest foreclosure rate in the thrid quarter followed by Califonia and Florida.

10-26-2009 - Home Prices In California Dropped 7.3 Percent According to the Association of Realtors, California single family home prices declined 7.3 percent in September.

09-30-2009 - Nations REO Deploys DepotPoint's TrackPoint Platform to Manage REO Workflow and Property Disposition Nations REO, Inc., a division of FMC (Foreclosure Management Company), today said it has deployed DepotPoint, Inc.'s TrackPoint platform to power the company's REO workflow and

09-10-2009 - Foreclosure Activity Remains Near Record Level in August According to RealtyTrac(R) U.S. Foreclosure Market Report RealtyTrac(R) (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its August 2009 U.S. Foreclosure Market Report(TM), which shows foreclosure filings - default notices, scheduled

09-01-2009 - Existing Home Sales Increased In July In July the number of contracts to purchase a previously owned home increased more that experts predicted.

08-25-2009 - Home Values Drop 6.1 Percent Home Prices in the U.S dropped 6.1 percent in the second quarter as forclosures continue to rise.

08-13-2009 - Foreclosures Set Third Record- High in the U.S For the third time in five months foreclosures filings had reached a record high.

08-13-2009 - U.S. Foreclosure Activity Increases 7 Percent in July According to RealtyTrac(R) U.S. Foreclosure Market Report RealtyTrac(R) (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its July 2009 U.S. Foreclosure Market Report(TM), which shows foreclosure filings default notices, scheduled auctions

08-07-2009 - Freddie Mac Releases Second Quarter 2009 Financial Results -- Summary Net income for the second quarter of 2009 was $768 million. After the

08-05-2009 - Buy a Foreclosed Home Now before It's too Late If you are looking into purhcasing a foreclosed home, you need to act fast with your best offer.