May Foreclosure Rate Steadies as Banks Hold Back Associated Press, June 10, 2010 The number of people facing foreclosure is nearly flat from a year ago, according to the latest report from a private foreclosure listing service. A third fewer people are...(read more)

Bernanke Issues Deficit Warning Wall Street Journal, June 9, 2010 The U.S. economy should continued to grow this year and next, but the pace won't be strong enough to fix the jobs market and cut a huge budget deficit, the Federal Reserve chief said...(read more)

The Allerton Hotel — located at 701 N. Michigan on Chicago’s Miracle Mile — has defaulted on a $70 million loan. The Allerton is the latest and largest commercial foreclosure in Chicago to run into financial trouble during the recession...(read more)

Alt-A Delinquencies Fall For Second Straight Month - Fitch Associated Press, June 7, 2010 Delinquencies among alt-A residential mortgages packaged into residential mortgage-backed securities dropped in May — extending a decline that began a month...(read more)

U.S. Banks' Foreclosure Holdings Increased 12.5% in Q1 DSNews, June 4, 2010 Foreclosed property held by U.S. banks increased 12.5 percent to $41.5 billion during the first quarter of this year, according to a recent analysis by SNL Financial, a financial...(read more)

Would you walk away? June 3, 2010 — Inman News I used to think that walking away from the home and not making payments was wrong. Now I am not so sure. Bid4Assets Announces its New Real Estate-Only Auction Web Site and Real Estate Disposition Program...(read more)

Pending sales of previously owned homes rise 6% in April June 3, 2010 — Los Angeles Times The number of previously owned homes placed under sales contract rose 6% in the U.S. in April, the last month that a federal tax credit for buyers was available...(read more)

A foreclosure fix June 1, 2010 — Los Angeles Times Banks foreclosed on almost 200,000 homes in California last year, and this year's toll is expected to be even higher. State lawmakers have tried to encourage banks to do more loan modifications...(read more)

Buying a Foreclosed Home May 31, 2010 — NBC Is now a good time to buy a foreclosed home? CNBC's Nicole Lapin tells The Today Show how to go about buying a foreclosure including finding foreclosures online with websites such as RealtyTrac. Owners...(read more)

Crisis Makes RealtyTrac 'Go-To' Company May 22, 2010, Salt Lake Tribune In a partnership with The Salt Lake Tribune, RealtyTrac provided more than 44,000 address-level records on foreclosures in Utah from July 2008 through March 2010 on the condition...(read more)