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City To Begin Mass Foreclosure On 25 Properties - Latest News

City to begin mass foreclosure on 25 properties

Owensboro city staff have been authorized to take foreclosure action against 25 properties that have accrued unpaid property maintenance liens or remain on the delinquent property tax rolls. Those pro... read more

Syracuse councilors approve foreclosure of first 25 tax-delinquent properties for land bank

Syracuse, NY - Syracuse common councilors cast the first votes Monday in an effort to foreclose on hundreds of tax-delinquent properties and eventually turn them over to new owners. Councilors voted u... read more

The law requires banks to post a $10,000 bond with the city if they foreclose on a property

The city today will start enforcing a new ... they said. The property is left unattended and vacant, leading to vandalism and often times major deterioration, they said. Anyone going through a foreclo... read more

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How to Fix Detroit – for Everyone

But the dominant reality was one of decline and despair, with abandonment and foreclosures proliferating ... are seeing property values on the rise. Under the effective leadership of Mayor Michael Dug... read more

Mason Square developer in Springfield submits high bid for tax-foreclosed property on State Street

SPRINGFIELD β€” First Resource Development Co., submitted the high bid Thursday to buy a city ... a planned $25 million apartment complex in the Mason Square area. First Resource submitted the high bid ... read more

Duro's Fall River properties declared abandoned, foreclosure possible in 30 days

The company owes the city a total ... Services that declared the properties abandoned. With that designation, Thomas said the owners now have 30 days to respond. β€œAt the end of those 30 days we have t... read more

Foreclosure filings up 120%

Foreclosures won't go down until we start to see employment move up again ... had the highest rate of foreclosure filings of any metro area, one for every 25 homes. That's seven times the national ave... read more

Mass. lawmakers debate foreclosure mediation

Wong has seen 538 homes in her city go into foreclosure ... allowing them to make investments, start businesses and send their kids to college,” Ms. Wong said. Sen. Harriette L. Chandler, D-Worcester, ... read more

Foreclosure Filings Topped 1M in 2015

"Meanwhile, local economic problems became a larger driver of foreclosure activity in 2015," Blomquist continued. "Examples of this are Atlantic City ... Massachusetts, Missouri, Virginia, Nevada, and ... read more

U.S. Foreclosure Filings Down 15 Percent Since Last Year

"We're also seeing early evidence of gradually loosening lending standards starting ... Boston, Massachusetts (19 percent above); and Baltimore, Maryland (235 percent above); Average foreclosure timel... read more

Record 1.2 million homes hit by foreclosure

NEW YORK ( -- A record 1.2 million homes ... in foreclosure but have missed least one payment, also hit a record high. During the three months ended June 30, 2.9 million homeowners, or 6. ... read more

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