In its May foreclosure overview released this week by RealtyTrac, Nevada seized the No.1 spot “at an unbelievably high percentage of foreclosure filings: One filing for every 166 households.”
Second place went to Colorado with one filing for every 290 households. Third and fourth places fell to California and Florida, who led the […]
The Colorado Housing and Finance Authority is reaching out to those facing foreclosure who haven’t yet sought help, namely homeowners within the 80916 ZIP code.
The neighborhood, east of Academy Boulevard and adjacent to Peterson Air Force Base is home to more than 35,000 residents and 12,200 homes.
Eight other ZIP codes in […]
U.S. Sen. Ken Salazar proposed an amendment to the Foreclosure Prevention Act of 2008 that would require counseling entities and State Housing Finance Agencies to coordinate with nonprofit, toll-free foreclosure prevention hotlines.
The Colorado Foreclosure Prevention Hotline, operated by Denver-based nonprofit Brothers Redevelopment, Inc., has assisted homeowners facing delinquency or foreclosure […]
WASHINGTON (AP) _ The Federal Reserve moved to assist a Wall Street investment bank on the brink of bankruptcy to prevent a failure that could have dealt serious consequences to the U.S. economy, Federal Reserve Chairman Ben Bernanke said today.
“Given the exceptional pressures on the global economy and financial system, the […]
The Pikes Peak region could receive money to help prevent foreclosures and promote affordable housing.
The region is slated to receive a $116,404 grant that is funneled through the Westminster-based Colorado Rural Housing Development Corp. The money will be used primarily in Denver, but will also help expand its initiatives […]
Read: Colorado Springs to receive grant to fight foreclosures
RealtyTrac today released its February 2008 U.S. Foreclosure Market Report, which shows foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 223,651 properties nationwide during the month.
That’s a 4 percent decrease from the previous month but still a nearly 60 percent increase from February 2007.
Nevada, […]
Mortgage foreclosures rose to an all-time high at the end of 2007 as borrowers with adjustable-rate loans walked away from properties before their payments increased, the Mortgage Bankers Association said today.
New foreclosures jumped to 0.83 percent of all home loans in the fourth quarter from 0.54 percent a year earlier. […]
Colorado homeowners are feeling the pinch of the collapse of the subprime market – foreclosure filings jumped 40 percent in 2007.The Colorado Division of Housing reports that nearly 40,000 foreclosure filings were listed last year, up from 28,500 in 2006. Meanwhile, foreclosure sales – in which the property is […]