The crisis of foreclosure properties, which occupied Centre stage in much of 2010, is expected to be resolved only far into 2011.

The number of U.S. homes receiving a foreclosure filing will climb about 20 percent in 2011, reaching a peak for the housing crisis, as unemployment remains high and banks resume seizures after a slowdown, RealtyTrac Inc. said.

The organization owes its lender $5.5 million but says it has a new deal to pay off the debt A lender has moved to repossess the Lotus at Diamond Head hotel from owner Unity House.

There was an increase in the count of Decatur foreclosure and other troubled properties in different markets of Georgia in November. Georgia ranked 6th among the fifty states of USA in November as far as the foreclosure rate is concerned. This region saw as many as 14,423 foreclosures in this month, which indicates that 1 [...]

LOS ANGELES — The foreclosure crisis is getting worse as high unemployment and lackluster job prospects force homeowners in an increasing number of U.S. metropolitan areas into dire financial straits. In Seattle, Houston and Chicago, cities that were relatively insulated from foreclosures early on in the housing bust, a growing number of homeowners are falling behind [...]