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Foreclosures

Apr 11, 2013

RealtyTrac: US home repos fell in March

LOS ANGELES — The number of U.S. homes repossessed by lenders last month fell to the lowest level in more than five years, the latest evidence that the nation’s foreclosure […]

Apr 9, 2013

Banks to pay out $3.6B for wrongful foreclosures

WASHINGTON — The nation’s largest banks will begin sending payments this week to millions of Americans who may have been wrongfully foreclosed on during the housing crisis. A total of […]

Mar 15, 2013

Towns seek help dealing with home vacancies

An unkempt vacant home or building with uncut grass and other unsightly issues can be a source of frustration with neighbors who make a point of keeping up their properties. […]

Feb 22, 2013

Thousands of NYers share $1.8B in mortgage relief

ALBANY — Thousands of New York homeowners have gotten an estimated $1.8 billion in loan relief from five U.S. banks as part of the national mortgage settlement over foreclosure abuses. […]

Feb 22, 2013

5 big banks have cut mortgage debt by $19B

WASHINGTON — Five of the biggest U.S. banks have cut struggling homeowners’ mortgage balances by $19 billion, part of a total $45.8 billion in relief provided under a landmark settlement […]

Feb 12, 2013

Local foreclosure market good bet for ‘13

As with all things real estate, the best deal comes down to location, location, location. And so it is with foreclosure purchases. Rochester is ranked second among the 20 best […]

Feb 7, 2013

City seeks state help for home rehab program

The home at 39 Lark St. in Rochester was purchased for $14,000 at a tax foreclosure auction last July. The single-family home was in bad shape, requiring asbestos and lead […]

Jan 31, 2013

Bank buys Hampton Inn at foreclosure auction

The bank holding the mortgage on the Hampton Inn Rochester-North will probably market and sell the hotel, according to the attorney who represents U.S. Bank NA, which bought the hotel […]

Jan 31, 2013

State to receive $1.9M in robo-signing settlement

A multi-state settlement with Lender Processing Services Inc. and its subsidiaries, LPS Default Solutions and DocX, was announced Thursday by Attorney General Eric T. Schneiderman to resolve claims of unlawful […]

Jan 31, 2013

Space Coast tops list of best foreclosure deals

ORLANDO, Fla. — Florida’s Space Coast is No. 1 in the nation for the best foreclosure deals. A study released Thursday by the firm RealtyTrac says the area around the […]

Jan 24, 2013

Greece Hampton Inn being foreclosed

Hampton Inn Rochester-North in the town of Greece is slated to be sold next week in a $10 million foreclosure proceeding. The inn, which includes nearly 3 acres at 500 […]

Jan 21, 2013

Bank forum on avoiding foreclosure

Representatives from Bank of America will be in Rochester for two days this week to meet with customers facing financial difficulties with their home loans. Bank of America customers seeking […]

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