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