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Home foreclosures soar as borrowers fail to meet mortgage repayment obligations

The number of homes that were foreclosed and put up for auction by the courts increased to the highest level in more than 11 years in March, data showed Sunday.

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Developer of Brooklyn's tallest skyscraper defaults on $240M loan

Michael Stern, the developer of 9 DeKalb Avenue’s Brooklyn Tower, has defaulted on a $240 million loan. A UCC foreclosure auction has been scheduled for June 10 by Silverstein Capital Partners, which issued the loan in 2019, according to marketing materials from real estate company JLL. 

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A Slower Economy, Lower Inflation; June Rate Cut Odds Significant

During the last week in March, there were several significant foreclosures (hundreds of millions of dollars per property).

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NC House panel okays recommendations limiting power of HOAs

A state House panel has approved a set of recommendations for changes to state law they say would help curb abuses of power by community and homeowners' associations in North Carolina. The proposals will go before the House for consideration.

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Home foreclosures are rising in these states, but not at a worrying level yet

Foreclosures ticked up in January, signaling distress among some homeowners, according to Attom.

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Foreclosure In America: What It's Like To Lose Your Home

"We can’t talk about foreclosure because, like all other shameful family secrets, it makes people uncomfortable."

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Homeowners in east Columbus demand help as some property tax bills soar by nearly 300%

Neighbors in the east Columbus community of Pinecrest are demanding answers as property values tripled in their neighborhood and property taxes nearly doubled.

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