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Foreclosures Archives

Florida still struggling with foreclosures, underwater mortgages

Two of the nation's leading real estate analytics groups, CoreLogic and RealtyTrac, have released reports over the last month examining the state of the U.S. housing market as it pertains to such factors as completed foreclosures, foreclosure inventory and underwater mortgages.

Report: Florida continues to rank high for foreclosure activity

Back in January, our blog discussed a report from one data analytics group examining the state of the foreclosure market in 2015. Here, the report concluded that while the scars of 2010's foreclosure crisis had largely healed, it's effects were still lingering in many states -- including Florida.

Neighborhood Stabilization Initiative includes Miami-Dade County

Beginning on Dec. 1, the Federal Housing Finance Agency will open up the housing market in Florida counties such as, Miami-Dade, Broward and Palm Beach, to include more than 2,000 homes that have been foreclosed. Similar efforts have also begun in Detroit and Chicago earlier this year.

Can filing for Chapter 7 bankruptcy prevent foreclosure?

There are a wide variety of reasons people begin to consider filing for bankruptcy, from burdensome medical bills to credit card overuse to bad tax decisions. One common reason folks begin to consider bankruptcy is that they become unable to make their mortgage payments. But can a debtor really stop foreclosure by filing for bankruptcy?

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