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The Latest Breaking News from Foreclosure

Lawmakers move to help veterans at risk of losing their homes

Senators are introducing a bill to help thousands of veterans who, through no fault of their own, were left facing foreclosure when a VA COVID-assistance program ended abruptly.

WEKU

This Florida country club appears headed for public auction after judge ruled on foreclosure lawsuit

A real estate company failed in a last-minute attempt to sell the club.

USA Today Sports Media Group

Veterans fear the VA's new foreclosure rescue plan won't help them

A pause in foreclosures after an NPR investigation may be of no help to many vets. They were already pushed into costly loan modifications after a move by the VA stranded them in a tough spot.

WEKU

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Kannur farmer found dead after receiving foreclosure notice from Kerala Bank

68-year-old farmer from Kannur in kerala committed suicide after receiving a foreclosure notice from Kerala Bank. He had a November 28 deadline to repay loan. He was an active Congress worker.

The Hindu

VA halts foreclosures for thousands of veterans about to needlessly lose their homes

The Department of Veterans Affairs is intervening on behalf of 6,000 homeowners with VA loans who are in the foreclosure process. Many more are delinquent. The move follows an investigation by NPR.

WEKU

Mortgage Delinquencies Rose Slightly in Third Quarter As Jobs Market Eased

The mortgage delinquency rate rose in the third quarter across all loan types, economist says.

Kiplinger

Senators to VA: Stop needless foreclosures on thousands of veterans

The move follows an NPR investigation that finds thousands of veterans are facing foreclosure through no fault of their own and that the VA can stop them from losing their homes.

WEKU

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Best Foreclosure Sites for Finding Properties

Wondering how to find foreclosed homes for sale for your next residence or to flip for a profit? These websites will guide you to foreclosures and real estate-owned properties to buy.

Kiplinger

Thousands of veterans face foreclosure and it's not their fault. The VA could help

An NPR investigation finds that many people with VA loans who got a COVID forbearance are at risk of losing their homes. The VA has a fix, but it could be too late unless it halts foreclosures.

WEKU

Paxton trial, Sept. 13: Woman in alleged affair with Paxton planned to plead the Fifth, doesn’t testify

Watch a livestream of the attorney general’s impeachment trial and get the latest updates as senators weigh his political future.

The Texas Tribune

“It was not a mutiny”: Senior staff had no choice but to report Ken Paxton to the FBI, whistleblower testifies

Ryan Bangert, a former top official under the attorney general, said Paxton allowed a friend and political donor to hijack the state agency, diverting it from its mission to help all Texans.

The Texas Tribune

How Can the State Prevent Viewpoint Foreclosure?

By guaranteeing five basic internet rights.

Reason

Heirs to Black-owned homes face ramped-up foreclosures. Here’s who’s pushing back

When Henry Scott’s mother died two years ago, there was never a doubt he’d want to keep her home. He most definitely did.

McClatchy Washington Bureau

AppHarvest is facing a lawsuit that could lead to the foreclosure of their Richmond facility

The lawsuit was filed in Madison County on May 30th by the investment company Equilibrium Capital.

WEKU

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The Hindu

Consumer panel orders KSFE to pay compensation to customer

Complainant says KSFE refused his request to close housing loan on payment of balance loan amount due and demanded foreclosure charges

Kiplinger

Why Investing in Debt-Free DST Properties Makes Sense Today

Headlines about world-class real estate firms being forced to relinquish assets show the dangers of investing in leveraged real estate.

Tribune News Service

More Americans are losing their homes as foreclosures on US properties rise

U.S. foreclosure filings jumped 22% in the first quarter compared to the same period a year ago, according to a report from real estate data analytics firm ATTOM.

McClatchy Washington Bureau

Lawyer once helped debt-ridden owners hang on to homes. Now he helps Florida cities take them away

Malekia and Maya McKinney were desperate to keep the property where they had grown up.

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Tribune News Service

‘Ghost homes’ haunt Baltimore’s housing market. City officials think they have a creative solution

Stepping over needles on the sidewalk, Alexander Cruz walked up to the crumbling front stoop of a West Baltimore home. He craned his neck and looked through an open third-story window to see whether the roof had caved in yet.

The Independent UK

'Zombie Debt': Homeowners face foreclosure on old mortgages

A growing number of homeowners say they are being blindsided by recent foreclosure actions on their homes over second loans that were taken out more than a decade ago

Tribune News Service

Is the housing market about to crash? Here’s what experts are saying

After a record-breaking run that saw mortgage rates plunge to all-time lows and home prices soar to new highs, the U.S. housing market finally is slowing. While demand and price gains are cooling, any correction is likely to be a modest one, housing economists and analysts say. No one expects…

The Independent UK

USDA announces $1 billion debt relief for 36,000 farmers

The federal government has announced a program to provide $1.3 billion in debt relief for about 36,000 farmers who have fallen behind on loan payments or face foreclosure

The Guardian - US

I was given a house for free – but it already belonged to someone else

When I put the house on the market, I uncovered a story of a Black woman losing her home to municipal greed

The Texas Tribune

A disabled veteran has waited eight years for a $1 million settlement from the Air Force

David P. Bighia had hoped to work at Laughlin Air Force Base in Del Rio. Instead, he’s been fighting the Air Force as he faces home foreclosure.

Tribune News Service

This company pays quick cash to list your home. The catch? A 40-year contract

Several months into the pandemic, Roy Brightwell received an email that he thought might help him get back on his feet.

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