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foreclosures hold steady in st. louis

foreclosure and mortgage delinquency rates remained largely unchanged in st. louis in march, with 4.94 percent of homeowners far behind on their mortgages and 1.72 percent facing foreclosure, corelogic reported.

state grabs $7.7m of foreclosure settlement

the mortgage foreclosure fiasco has turned out to be a bonanza of sorts for mississippi state government. mississippi’s general fund will receive a $7.7 cash infusion from the national legal settlement state attorney general jim hood and 48 other attorneys general negotiated with giant mortgage servicers bank of america , citi, chase, gmac and wells fargo.

bank oversight office failed to spot foreclosure fraud, treasury inspector general says

the office of the comptroller of the currency failed to spot widespread problems in the foreclosure practices of major banks between 2008 and 2010 because the agency’s examiners underestimated the mounting risks and were given outdated guidance that did not address how the industry had changed, according to a report issued friday by the treasury department’s inspector general. read full art...

lps' april mortgage monitor shows sharp jump in fha foreclosure starts; overall foreclosure starts decreased slightly

jacksonville, fla., may 31, 2012 /prnewswire/ -- the april mortgage monitor report released by lender processing services (nyse: lps) shows that while overall foreclosure starts were down 2.6 percent in ...

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