Stories tagged: foreclosures
Tue., Jan. 23, 2018, 9:55 p.m.
Puerto Rico awaits foreclosure wave as moratoriums expire
Aylsa Torres sighed in relief when she received a letter from her bank two weeks after Hurricane Maria hit. She was among the hundreds of thousands of Puerto Ricans awarded …
Wed., Feb. 15, 2017, 5:30 a.m.
Spokane seeks help from the Washington Legislature to fight foreclosed ‘zombie properties’
City of Spokane seeks state help to monitor and fight “zombie properties.”
UPDATED: Mon., Feb. 13, 2017, 8:30 p.m.
Senate confirms former banker Mnuchin as Treasury secretary
A bitterly divided Senate on Monday confirmed Steven Mnuchin as treasury secretary despite strong objections by Democrats that the former banker ran a “foreclosure machine” when he headed OneWest Bank.
Sat., Feb. 11, 2017, 1:59 p.m.
Records dispute Mnuchin’s denial of mortgage-crisis ‘robosigning’
King County foreclosure records indicate a bank founded by Steven Mnuchin, who is up for a Senate confirmation vote Monday as the nation’s treasury secretary under President Donald Trump, engaged …
Wed., May 8, 2013
County foreclosing on 66 properties due to sewer debts
Spokane County will foreclose on 66 properties whose owners have not paid their sewer bills, allowing the debts to reach thousands of dollars. The foreclosure action, approved unanimously by commissioners …
Sat., March 16, 2013
County’s first online auction of foreclosed properties mixed
Spokane County’s first online auction of foreclosed properties earlier this month generated 29 parcel sales and more than $125,000 to cover unpaid taxes on the properties. In a break from …
Thu., Oct. 11, 2012, 6:57 a.m.
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.
Wed., Dec. 7, 2011, 7:40 p.m.
Area home sale prices continue to decline
Average home sales prices in Spokane fell by 4.1 percent in October, in line with national and regional declines driven in part by foreclosures and high unemployment. The Spokane sales …
Thu., June 9, 2011
Free tour showcases foreclosed homes in area
Five years ago foreclosures were barely a blip on Realtor Cindy Carrigan’s local listings. Now they represent more than half of the 40 to 45 homes she sells each year. …
Thu., May 12, 2011
Processing delays, not recovery, cited for drop in repossessions
LOS ANGELES – Fewer Americans had their homes repossessed by banks or were put on notice for being behind on their mortgage payments in April compared to a year ago. …
Thu., May 12, 2011
Spokane County foreclosures rise; Kootenai County down
Foreclosure filings on Spokane County homes rose to 252 in April, the highest number since October, RealtyTrac reported today. Banks took ownership of 84 homes and issued notices of foreclosure …
Thu., April 7, 2011
State probe uncovers foreclosure violations
Some of the foreclosure trustees most active in Washington are violating a requirement they have an office in the state, Attorney General Rob McKenna said Wednesday. His office has been …
Fri., Feb. 18, 2011
Shawn Vestal: ‘Loan mods’ leave Main Street crumbling
In April 2009, a Kootenai County homeowner struggling to pay the mortgage got a letter encouraging enrollment in a federal program meant to help people avoid foreclosure. The homeowner called …
Fri., Dec. 17, 2010
Foreclosure rate down in Spokane
Foreclosures in Spokane County fell last month but remained significantly above the pace of November 2009, according to figures released Thursday by RealtyTrak. The online foreclosure marketplace said 167 Spokane …
Sun., Oct. 17, 2010
State AG takes aim at mortgage wolves
Washington Attorney General Rob McKenna sent a letter last week to the 52 trustees who shepherd mortgage paperwork toward foreclosure. At least a few, it seems, have been very bad …
Wed., Oct. 13, 2010, 12:54 p.m.
Foreclosure anger is now hitting election campaign
Three weeks before the election, anger over tainted home foreclosure documents is bursting into the battle for control of Congress, especially in hard-hit states such as Nevada and Florida. Democrats …
Sun., Sept. 26, 2010
Awaiting a ‘lost decade’ for housing market
NEW YORK – The slide in U.S. home prices may have another three years to go as sellers add as many as 12 million more properties to the market. Shadow …
Fri., Sept. 17, 2010
Home sales, prices hold; foreclosures up sharply
The number and prices of homes sold in Spokane County last month nearly matched those for July, but foreclosure actions are multiplying. The Spokane Association of Realtors says 344 homes …
Tue., July 6, 2010, 4:20 p.m.
Foreclosures drive home sales in Kootenai County
Slightly more than one out of three homes sold in Kootenai County during the first quarter of 2010 was in foreclosure or already bank-owned, according to RealtyTrac.
Wed., May 19, 2010, 12:42 p.m.
Mortgage delinquencies, foreclosures break records
The mortgage crisis is dragging on the economic recovery as more homeowners fall behind on their payments.
Thu., Feb. 11, 2010
Home sales stay up
Home sales exceeded year-ago levels for the fourth consecutive month in January, but prices continued to weaken and inventory increased. There were 177 closed sales for the month, according to …
Thu., Jan. 28, 2010, 5:12 p.m.
Spokane County ranks low for foreclosures in 2009
The foreclosure rate last year in Spokane County ranked among the lowest in the United States, according to statistics released Thursday by RealtyTrac, which markets foreclosed properties nationally.
Thu., Jan. 14, 2010
Foreclosure rates diverge when crossing state line
Foreclosures in Spokane County fell in 2009 compared with the previous two years, but the toll ballooned in Kootenai County, according to RealtyTrac, which released its statistics today. The 979 …
Thu., Dec. 10, 2009, 8:57 a.m.
Foreclosure filings fall 8 percent in November
The number of homeowners on the brink of foreclosure fell in November, the fourth straight monthly decline, as mortgage companies evaluated whether borrowers were eligible for help.
Fri., Nov. 20, 2009
Mortgage delinquency rate spikes
WASHINGTON – The share of homeowners delinquent on their mortgage or in foreclosure hit a new record during the third quarter, according to industry data released Thursday, which also indicates …
Thu., Nov. 19, 2009, 7:10 a.m.
Foreclosures hitting more people with prime loans
A rising proportion of fixed-rate home loans made to people with good credit are sinking into foreclosure, adding to concerns about the strength of the economic recovery.
Wed., Nov. 11, 2009
Spokane home values rise slightly
Home values in the Spokane area are running 2 percent below last year, though they’ve made modest gains in recent months, according to a quarterly report from the real estate …
Tue., Nov. 10, 2009, noon
Zillow: Spokane home values lower than last year but improving
Home values in the Spokane area are running 2 percent below last year, though they’ve made modest gains in recent months, according to a quarterly report from the real-estate website …
Tue., Oct. 27, 2009, 6:30 p.m.
Spokane ranks low in home foreclosures
The pace of home foreclosures in Spokane increased during the third quarter, but the city improved its ranking relative to 203 other cities monitored by RealtyTrac, which released its latest …
Fri., Oct. 16, 2009
Foreclosures rise 5 percent in quarter
WASHINGTON – The number of households caught up in the foreclosure crisis rose more than 5 percent from summer to fall as a federal effort to assist struggling borrowers was …