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Feb 10, 2012

Wisconsin to use part of mortgage settlement for budget (UPDATE)

Wisconsin plans to use about $26 million of its $140 million share of a national mortgage settlement to help plug a state budget hole, a move that drew criticism from Milwaukee's mayor.

Feb 9, 2012

States, banks reach foreclosure-abuse settlement (UPDATE)

U.S. states have reached a $25 billion deal with the nation's biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst.

Feb 7, 2012

Wis. joins foreclosure-abuse deal (UPDATE)

Wisconsin has joined more than 40 states in a long-awaited settlement over foreclosure abuses that would compel the five largest mortgage lenders to reduce loans for about 1 million households.

Jan 12, 2012

2011’s foreclosure rate lowest since pre-recession

About 1.9 million homes entered the foreclosure process in 2011, the lowest level since 2007 when the recession began, according to a report Thursday by the foreclosure listing firm RealtyTrac Inc.

Dec 20, 2011

Madison firm buys three foreclosed Milwaukee properties

Madison-based Sara Investment Real Estate LLC purchased three foreclosed properties along Milwaukee’s Miller Park Way.

Nov 17, 2011

US housing starts down slightly in October

By DEREK KRAVITZ AP Real Estate Writer WASHINGTON (AP) — U.S. builders started slightly fewer homes in October but submitted plans for a wave of apartments, a mixed sign for […]

Oct 21, 2011

Milwaukee debates spending for housing rehabs

The city of Milwaukee has completed, or is nearing completion on, rehabs of 16 dilapidated houses, construction work that will total about $650,000 by the end of the year.

Sep 26, 2011

Home-buying season the worst in at least 50 years

By DEREK KRAVITZ AP Real Estate Writer WASHINGTON (AP) — The home-buying season was a bust. March through August are typically the peak buying months. But this time, Americans bought […]

Aug 25, 2011

Foreclosures made up 31 percent of home sales in 2Q 

By DEREK KRAVITZ AP Real Estate Writer WASHINGTON (AP) — Foreclosures made up roughly one-third of all home sales this spring. While that’s a smaller share of sales from the […]

Aug 22, 2011

More Americans at risk of foreclosure in Q2

By DEREK KRAVITZ AP Economics Writer WASHINGTON (AP) — The number of Americans at risk of foreclosure is rising, reflecting the U.S. economy’s continued struggles. According to a Mortgage Bankers […]

Aug 15, 2011

US considers turning foreclosures into rentals

By Derek Kravitz Associated Press Washington — The Obama administration could turn thousands of government-owned foreclosures into rental properties to help boost falling home prices. The Federal Housing Finance Agency […]

Aug 11, 2011

Wisconsin ranks 10th in July foreclosures

By ALEX VEIGA AP Real Estate Writer LOS ANGELES (AP) — Fewer U.S. homes entered the foreclosure process or were seized by lenders in July, the latest sign banks are […]


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