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Tag Archives: Foreclosures
Banks seized more U.S. homes in May, RealtyTrac report shows
Banks seized more U.S. homes in May as a greater number of Americans found themselves entering the foreclosure process, suggesting lenders were drawing down the pipeline of distressed properties, a report from RealtyTrac showed on Thursday. Banks repossessed 38,946 homes, … Continue reading
Posted in Editorial
Tagged Foreclosures, Housing, Repossess
Comments Off on Banks seized more U.S. homes in May, RealtyTrac report shows
3 big banks nearly halt foreclosure sales after U.S. tweaks orders
Sales of homes in foreclosure by Wells Fargo & Co., JP Morgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The banks … Continue reading
Posted in Editorial, Financial
Tagged CItigroup, Foreclosures, JP Morgan Chase, Wells Fargo
Comments Off on 3 big banks nearly halt foreclosure sales after U.S. tweaks orders