The report, titled “Underwater America: How the So-Called Housing ‘Recovery’ is Bypassing Many American Communities” is a first-of-its-kind look at the magnitude of the underwater mortgage issue.
A research firm says California home foreclosure activity neared a seven-year low during the third quarter as rising prices left fewer homeowners in trouble.
The number of California homes entering the foreclosure process has plunged to a more-than-seven-year low as the state housing market continues to improve.
Most homeowners believe that handing the keys over to the bank is the final step in the foreclosure process, but for one Vallejo man, it was just the beginning of a legal tug-of-war with one of the largest financial institutions in the country.
A former East Bay real estate agent is facing fraud charges after he allegedly tried to fake the final payoff on the mortgage for his Danville home.
A group of active and retired San Francisco employees wants to stop their pension money from funding banks that have used questionable procedures to foreclose on delinquent home loans.
U.S. banks have taken another step to clear away the wreckage of the 2008 financial crisis by agreeing to pay $8.5 billion to settle charges that they wrongfully foreclosed on millions of homeowners.
Occupy demonstrators and housing advocates and briefly took over a Wells Fargo Bank branch in San Francisco’s Bayview neighborhood Thursday as part of a protest denouncing foreclosure.
AC Transit foreclosed on the home in July, six months after former GM Rick Fernandez stopped making his loan payments.
When Samantha James signed a lease on a San Jose apartment in the spring of 2011, she had no idea the duplex in College Park had been in foreclosure for about two years.