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Foreclosures

Rochester foreclosures are up for 3Q 2012

Rochester is leading the state in short sales of distressed homes for the third quarter of 2012, according to statistics released Wednesday by RealtyTrac, a national online marketplace for foreclosure properties. RealtyTrac Vice President Daren Blomquist said banks taking less ...

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AG: Settlement helps at-risk homeowners

The average New York homeowner affected by the national foreclosure crisis has received about $86,600 in consumer relief as part of the implementation of the National Mortgage Settlement, according to a report released Monday. More than 7,200 New Yorkers have ...

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US foreclosure filings hit 5-year low in September

U.S. foreclosure filings dropped to a five-year low in September as fewer homes were on track to be seized by lenders. It was the second-consecutive monthly decline in filings, although there remains a sharp divergence along state lines, according to ...

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CCCS of Rochester gets $46K

Consumer Credit Counseling Service of Rochester was awarded $46,000 as part of Attorney General Eric Schneiderman’s Homeowner Protection Program in an effort to provide counseling services to those in danger of foreclosure. Earlier this year, New York, along with 48 ...

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Thomas discusses equality, court dynamics

Justice Clarence Thomas, speaking at an event in Washington honoring the 225th anniversary of the Constitution, said growing up in segregated Georgia never effected his self esteem “because from day one, we knew we were equal.” “It said so,” Justice ...

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Foreclosure starts fell on annual basis in August

LOS ANGELES — The evolution of the U.S. foreclosure crisis is increasingly diverging along state lines. On a national level, fewer homes were placed on the foreclosure track last month than in August last year, when they hit a 17-year ...

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Foreclosed plaza sold to mortgage holder

A limited liability company is the new owner of Ridgecrest Commons plaza in the town of Greece. Morgan Ridgecrest LLC, which has held the mortgage on the defaulted property since June, was the lone bidder Wednesday in a public foreclosure ...

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Act fast if facing foreclosure

The bad news: The need for foreclosure prevention helped lead to the formation of the Housing Council in Rochester more than 40 years ago, and the organization still deals with thousands of clients a year, in most every location in ...

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Foreclosure sales fell sharply in 2nd quarter

LOS ANGELES — Sales of bank-owned homes and those already on the foreclosure path fell sharply in the second quarter, reflecting a thinner slate of properties for sale in many cities as banks take a measured approach to placing homes ...

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Foreclosures on the rise in Rochester

More U.S. homes started on the foreclosure path in July, as lenders tackled a backlog of mortgages gone unpaid even as they pulled back on home repossessions The number of homes that received an initial notice of default — the ...

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